Herbalife Nutrition Stock Technical Analysis
HLF Stock | USD 8.59 0.36 4.37% |
As of the 18th of April 2024, Herbalife Nutrition retains the Market Risk Adjusted Performance of (0.55), risk adjusted performance of (0.06), and Standard Deviation of 5.32. Herbalife Nutrition 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 break down and interpolate thirteen technical drivers for Herbalife Nutrition, which can be compared to its competitors. Please check out Herbalife Nutrition market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Herbalife Nutrition is priced fairly, providing market reflects its last-minute price of 8.59 per share. Given that Herbalife Nutrition has information ratio of (0.12), we strongly advise you to confirm Herbalife Nutrition's regular market performance to make sure the company can sustain itself at a future point.
Herbalife Nutrition Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Herbalife, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HerbalifeHerbalife |
Herbalife Nutrition Analyst Consensus
Target Price | Advice | # of Analysts | |
20.7 | Buy | 6 | Odds |
Most Herbalife 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 Herbalife stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Herbalife Nutrition, talking to its executives and customers, or listening to Herbalife conference calls.
Herbalife Nutrition 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.
Herbalife Nutrition Technical Analysis
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 Herbalife Nutrition volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Herbalife Nutrition Trend Analysis
Use this graph to draw trend lines for Herbalife Nutrition. You can use it to identify possible trend reversals for Herbalife Nutrition 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 Herbalife Nutrition price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Herbalife Nutrition Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Herbalife Nutrition applied against its price change over selected period. The best fit line has a slop of 0.07 , which may imply that the returns on investment in Herbalife Nutrition will continue to fail. It has 122 observation points and a regression sum of squares at 180.08, which is the sum of squared deviations for the predicted Herbalife Nutrition price change compared to its average price change.About Herbalife Nutrition 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 Herbalife Nutrition 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 Herbalife Nutrition based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Herbalife Nutrition price pattern first instead of the macroeconomic environment surrounding Herbalife Nutrition. By analyzing Herbalife Nutrition'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 Herbalife Nutrition'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 Herbalife Nutrition specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2023 | 2024 (projected) | Inventory Turnover | 2.15 | 2.36 | 3.03 | ROIC | 0.37 | 0.15 | 0.22 |
Herbalife Nutrition April 18, 2024 Technical Indicators
Most technical analysis of Herbalife 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 Herbalife from various momentum indicators to cycle indicators. When you analyze Herbalife 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 | (0.06) | |||
Market Risk Adjusted Performance | (0.55) | |||
Mean Deviation | 3.25 | |||
Coefficient Of Variation | (924.83) | |||
Standard Deviation | 5.32 | |||
Variance | 28.27 | |||
Information Ratio | (0.12) | |||
Jensen Alpha | (0.63) | |||
Total Risk Alpha | (0.97) | |||
Treynor Ratio | (0.56) | |||
Maximum Drawdown | 37.94 | |||
Value At Risk | (7.39) | |||
Potential Upside | 6.12 | |||
Skewness | (3.10) | |||
Kurtosis | 17.35 |
Herbalife Nutrition 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 Herbalife 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.
Accumulation Distribution | 150,000 | ||
Daily Balance Of Power | 0.78 | ||
Rate Of Daily Change | 1.04 | ||
Day Median Price | 8.47 | ||
Day Typical Price | 8.51 | ||
Price Action Indicator | 0.30 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herbalife Nutrition. 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 economic analysis. For more detail on how to invest in Herbalife Stock please use our How to Invest in Herbalife Nutrition guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Herbalife Stock analysis
When running Herbalife Nutrition's price analysis, check to measure Herbalife Nutrition'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 Herbalife Nutrition is operating at the current time. Most of Herbalife Nutrition's value examination focuses on studying past and present price action to predict the probability of Herbalife Nutrition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Herbalife Nutrition's price. Additionally, you may evaluate how the addition of Herbalife Nutrition to your portfolios can decrease your overall portfolio volatility.
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Is Herbalife Nutrition'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 Herbalife Nutrition. If investors know Herbalife 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 Herbalife Nutrition 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 (0.81) | Earnings Share 1.42 | Revenue Per Share 51.135 | Quarterly Revenue Growth 0.029 | Return On Assets 0.0926 |
The market value of Herbalife Nutrition is measured differently than its book value, which is the value of Herbalife that is recorded on the company's balance sheet. Investors also form their own opinion of Herbalife Nutrition's value that differs from its market value or its book value, called intrinsic value, which is Herbalife Nutrition'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 Herbalife Nutrition's market value can be influenced by many factors that don't directly affect Herbalife Nutrition'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 Herbalife Nutrition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Herbalife Nutrition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Herbalife Nutrition'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.