Benchmark Electronics Stock Technical Analysis

BHE Stock  USD 29.86  0.18  0.60%   
As of the 19th of April, Benchmark Electronics shows the Downside Deviation of 2.13, mean deviation of 1.53, and Risk Adjusted Performance of 0.0686. Benchmark Electronics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Benchmark Electronics, which can be compared to its peers. Please confirm Benchmark Electronics maximum drawdown, and the relationship between the information ratio and downside variance to decide if Benchmark Electronics is priced correctly, providing market reflects its regular price of 29.86 per share. Given that Benchmark Electronics has jensen alpha of 0.0987, we suggest you to validate Benchmark Electronics's prevailing market performance to make sure the company can sustain itself at a future point.

Benchmark Electronics Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Benchmark, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Benchmark
  
Benchmark Electronics' 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.

Benchmark Electronics Analyst Consensus

Target PriceAdvice# of Analysts
32.75Strong Buy3Odds
Benchmark Electronics current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Benchmark 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 Benchmark stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Benchmark Electronics, talking to its executives and customers, or listening to Benchmark conference calls.
Benchmark Analyst Advice Details
Benchmark Electronics 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 Benchmark Electronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Benchmark Electronics 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...

Benchmark Electronics Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Benchmark Electronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Benchmark Electronics Trend Analysis

Use this graph to draw trend lines for Benchmark Electronics. You can use it to identify possible trend reversals for Benchmark Electronics 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 Benchmark Electronics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Benchmark Electronics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Benchmark Electronics applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that Benchmark Electronics will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 19.91, which is the sum of squared deviations for the predicted Benchmark Electronics price change compared to its average price change.

About Benchmark Electronics 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 Benchmark Electronics 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 Benchmark Electronics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Benchmark Electronics price pattern first instead of the macroeconomic environment surrounding Benchmark Electronics. By analyzing Benchmark Electronics'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 Benchmark Electronics'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 Benchmark Electronics specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2024 (projected)
Dividend Yield0.02410.02470.018
Price To Sales Ratio0.430.330.67

Benchmark Electronics April 19, 2024 Technical Indicators

Most technical analysis of Benchmark 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 Benchmark from various momentum indicators to cycle indicators. When you analyze Benchmark 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.
When determining whether Benchmark Electronics is a strong investment it is important to analyze Benchmark Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Benchmark Electronics' future performance. For an informed investment choice regarding Benchmark Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Benchmark Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.
Note that the Benchmark Electronics information on this page should be used as a complementary analysis to other Benchmark Electronics' 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Benchmark Stock analysis

When running Benchmark Electronics' price analysis, check to measure Benchmark Electronics' 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 Benchmark Electronics is operating at the current time. Most of Benchmark Electronics' value examination focuses on studying past and present price action to predict the probability of Benchmark Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Benchmark Electronics' price. Additionally, you may evaluate how the addition of Benchmark Electronics to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is Benchmark Electronics' 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 Benchmark Electronics. If investors know Benchmark 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 Benchmark Electronics 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
(0.17)
Dividend Share
0.66
Earnings Share
1.79
Revenue Per Share
79.823
Quarterly Revenue Growth
(0.08)
The market value of Benchmark Electronics is measured differently than its book value, which is the value of Benchmark that is recorded on the company's balance sheet. Investors also form their own opinion of Benchmark Electronics' value that differs from its market value or its book value, called intrinsic value, which is Benchmark Electronics' 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 Benchmark Electronics' market value can be influenced by many factors that don't directly affect Benchmark Electronics' 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 Benchmark Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Benchmark Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benchmark Electronics' 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.