Prestige Brand Holdings Stock Technical Analysis

PBH Stock  USD 68.35  0.32  0.47%   
As of the 18th of April 2024, Prestige Brand holds the Risk Adjusted Performance of 0.0906, coefficient of variation of 745.32, and Semi Deviation of 0.8749. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Prestige Brand, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have analyzed nineteen technical drivers for Prestige Brand Holdings, which can be compared to its competitors. Please check Prestige Brand Holdings variance, as well as the relationship between the maximum drawdown and semi variance to decide if Prestige Brand Holdings is priced some-what accurately, providing market reflects its current price of 68.35 per share. Given that Prestige Brand has jensen alpha of 0.1582, we recommend you to check out Prestige Brand Holdings's recent market performance to make sure the company can sustain itself at a future point.

Prestige Brand Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Prestige, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Prestige
  
Prestige Brand's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Prestige Brand Analyst Consensus

Target PriceAdvice# of Analysts
72.8Strong Buy7Odds
Prestige Brand Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Prestige analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Prestige stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Prestige Brand Holdings, talking to its executives and customers, or listening to Prestige conference calls.
Prestige Analyst Advice Details
Prestige Brand technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Prestige Brand technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Prestige Brand trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Prestige Brand Holdings Technical Analysis

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Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Prestige Brand Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Prestige Brand Holdings Trend Analysis

Use this graph to draw trend lines for Prestige Brand Holdings. You can use it to identify possible trend reversals for Prestige Brand as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Prestige Brand price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Prestige Brand Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Prestige Brand Holdings applied against its price change over selected period. The best fit line has a slop of   0.13  , which may imply that Prestige Brand Holdings will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 679.04, which is the sum of squared deviations for the predicted Prestige Brand price change compared to its average price change.

About Prestige Brand Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Prestige Brand Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Prestige Brand Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Prestige Brand Holdings price pattern first instead of the macroeconomic environment surrounding Prestige Brand Holdings. By analyzing Prestige Brand's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Prestige Brand's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Prestige Brand specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Dividend Yield0.0015320.0017620.001495
Price To Sales Ratio2.483.195.67

Prestige Brand April 18, 2024 Technical Indicators

Most technical analysis of Prestige help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Prestige from various momentum indicators to cycle indicators. When you analyze Prestige charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Prestige Brand April 18, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Prestige stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Prestige Brand Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prestige Brand's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prestige Brand Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prestige Brand Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prestige Brand Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Prestige Brand Holdings information on this page should be used as a complementary analysis to other Prestige Brand's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Prestige Stock analysis

When running Prestige Brand's price analysis, check to measure Prestige Brand's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Prestige Brand is operating at the current time. Most of Prestige Brand's value examination focuses on studying past and present price action to predict the probability of Prestige Brand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prestige Brand's price. Additionally, you may evaluate how the addition of Prestige Brand to your portfolios can decrease your overall portfolio volatility.
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Is Prestige Brand's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prestige Brand. If investors know Prestige will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prestige Brand listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.019
Earnings Share
(1.61)
Revenue Per Share
22.8
Quarterly Revenue Growth
0.026
Return On Assets
0.0616
The market value of Prestige Brand Holdings is measured differently than its book value, which is the value of Prestige that is recorded on the company's balance sheet. Investors also form their own opinion of Prestige Brand's value that differs from its market value or its book value, called intrinsic value, which is Prestige Brand's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prestige Brand's market value can be influenced by many factors that don't directly affect Prestige Brand's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prestige Brand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prestige Brand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prestige Brand's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.