Newell Brands Stock Technical Analysis
| NWL Stock | USD 7.04 0.09 1.26% |
As of the 24th of April, Newell Brands secures the Risk Adjusted Performance of (0.01), mean deviation of 2.46, and Standard Deviation of 3.65. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newell Brands, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We are able to interpolate and break down thirteen technical drivers for Newell Brands, which can be compared to its peers in the industry. Please verify Newell Brands market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Newell Brands is priced some-what accurately, providing market reflects its recent price of 7.04 per share. Given that Newell Brands has information ratio of (0.06), we recommend you to check Newell Brands's last-minute market performance to make sure the company can sustain itself at a future point.
Newell Brands Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Newell, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NewellNewell |
Newell Brands Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 11.75 | Buy | 13 | Odds |
Most Newell 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 Newell stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Newell Brands, talking to its executives and customers, or listening to Newell conference calls.
Newell Brands 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.
Newell Brands Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Newell Brands volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Newell Brands Trend Analysis
Use this graph to draw trend lines for Newell Brands. You can use it to identify possible trend reversals for Newell Brands 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 Newell Brands price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Newell Brands Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Newell Brands applied against its price change over selected period. The best fit line has a slop of 0.01 , which may imply that the returns on investment in Newell Brands will continue to fail. It has 122 observation points and a regression sum of squares at 7.04, which is the sum of squared deviations for the predicted Newell Brands price change compared to its average price change.About Newell Brands 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 Newell Brands 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 Newell Brands based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Newell Brands price pattern first instead of the macroeconomic environment surrounding Newell Brands. By analyzing Newell Brands'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 Newell Brands'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 Newell Brands specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0424 | 0.0708 | 0.0512 | 0.0538 | Price To Sales Ratio | 0.88 | 0.57 | 0.44 | 0.42 |
Newell Brands April 24, 2024 Technical Indicators
Most technical analysis of Newell 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 Newell from various momentum indicators to cycle indicators. When you analyze Newell 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 2.46 | |||
| Coefficient Of Variation | (3,078) | |||
| Standard Deviation | 3.65 | |||
| Variance | 13.29 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 25.76 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 5.96 | |||
| Skewness | (1.90) | |||
| Kurtosis | 10.14 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newell Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Newell Stock please use our How to buy in Newell Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Newell Stock analysis
When running Newell Brands' price analysis, check to measure Newell Brands' 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 Newell Brands is operating at the current time. Most of Newell Brands' value examination focuses on studying past and present price action to predict the probability of Newell Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newell Brands' price. Additionally, you may evaluate how the addition of Newell Brands to your portfolios can decrease your overall portfolio volatility.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |
Is Newell Brands' 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 Newell Brands. If investors know Newell 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 Newell Brands 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 (0.92) | Dividend Share 0.44 | Earnings Share (0.94) | Revenue Per Share 19.64 | Quarterly Revenue Growth (0.09) |
The market value of Newell Brands is measured differently than its book value, which is the value of Newell that is recorded on the company's balance sheet. Investors also form their own opinion of Newell Brands' value that differs from its market value or its book value, called intrinsic value, which is Newell Brands' 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 Newell Brands' market value can be influenced by many factors that don't directly affect Newell Brands' 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 Newell Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Newell Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newell Brands' 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.