Hasbro Inc Stock Technical Analysis

HAS Stock  USD 53.29  0.02  0.04%   
As of the 19th of March, Hasbro retains the Risk Adjusted Performance of 0.0739, market risk adjusted performance of 0.1229, and Downside Deviation of 1.66. Hasbro technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Hasbro Inc, which can be compared to its competitors. Please check out Hasbro Inc variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Hasbro is priced fairly, providing market reflects its last-minute price of 53.29 per share. Given that Hasbro Inc has jensen alpha of (0.03), we strongly advise you to confirm Hasbro Inc's regular market performance to make sure the company can sustain itself at a future point.

Hasbro Momentum Analysis

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

Hasbro Analyst Consensus

Target PriceAdvice# of Analysts
77.9Strong Buy16Odds
Hasbro Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Hasbro 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 Hasbro stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hasbro Inc, talking to its executives and customers, or listening to Hasbro conference calls.
Hasbro Analyst Advice Details
Hasbro 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 Hasbro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hasbro 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...

Hasbro Inc Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Hasbro Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hasbro Inc Trend Analysis

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

Hasbro Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hasbro Inc applied against its price change over selected period. The best fit line has a slop of   0.06  , which may imply that Hasbro Inc will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 116.11, which is the sum of squared deviations for the predicted Hasbro price change compared to its average price change.

About Hasbro 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 Hasbro Inc 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 Hasbro Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hasbro Inc price pattern first instead of the macroeconomic environment surrounding Hasbro Inc. By analyzing Hasbro'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 Hasbro'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 Hasbro specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2017 2022 2023 2024 (projected)
Dividend Yield0.02440.05470.04930.0517
Price To Sales Ratio2.181.421.271.02

Hasbro March 19, 2024 Technical Indicators

Most technical analysis of Hasbro 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 Hasbro from various momentum indicators to cycle indicators. When you analyze Hasbro 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.

Hasbro March 19, 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 Hasbro 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 Hasbro Inc is a strong investment it is important to analyze Hasbro's 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 Hasbro's future performance. For an informed investment choice regarding Hasbro Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hasbro Inc. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Hasbro Inc information on this page should be used as a complementary analysis to other Hasbro'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Hasbro Stock analysis

When running Hasbro's price analysis, check to measure Hasbro'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 Hasbro is operating at the current time. Most of Hasbro's value examination focuses on studying past and present price action to predict the probability of Hasbro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hasbro's price. Additionally, you may evaluate how the addition of Hasbro to your portfolios can decrease your overall portfolio volatility.
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Is Hasbro'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 Hasbro. If investors know Hasbro 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 Hasbro 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
(0.49)
Dividend Share
2.8
Earnings Share
(10.73)
Revenue Per Share
36.047
Quarterly Revenue Growth
(0.23)
The market value of Hasbro Inc is measured differently than its book value, which is the value of Hasbro that is recorded on the company's balance sheet. Investors also form their own opinion of Hasbro's value that differs from its market value or its book value, called intrinsic value, which is Hasbro'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 Hasbro's market value can be influenced by many factors that don't directly affect Hasbro'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 Hasbro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hasbro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hasbro'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.