Pool Corporation Stock Technical Analysis

POOL Stock  USD 375.50  3.64  0.96%   
As of the 12th of April 2024, Pool holds the Risk Adjusted Performance of 0.01, coefficient of variation of 17377.98, and Semi Deviation of 1.85. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pool, 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 were able to break down and interpolate data for nineteen technical drivers for Pool, which can be compared to its competitors. Please check Pool variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Pool is priced some-what accurately, providing market reflects its current price of 375.5 per share. Given that Pool has jensen alpha of (0.14), we recommend you to check out Pool's recent market performance to make sure the company can sustain itself at a future point.

Pool Momentum Analysis

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

Pool Analyst Consensus

Target PriceAdvice# of Analysts
373.9Buy14Odds
Pool Corporation current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Pool 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 Pool stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Pool, talking to its executives and customers, or listening to Pool conference calls.
Pool Analyst Advice Details
Pool 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 Pool technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pool 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...

Pool Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Pool volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Pool Trend Analysis

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

Pool Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pool Corporation applied against its price change over selected period. The best fit line has a slop of   0.41  , which means Pool Corporation will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6238.21, which is the sum of squared deviations for the predicted Pool price change compared to its average price change.

About Pool 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 Pool Corporation 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 Pool Corporation based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Pool price pattern first instead of the macroeconomic environment surrounding Pool. By analyzing Pool'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 Pool'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 Pool specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Dividend Yield0.0052980.01090.0182
Price To Sales Ratio4.262.782.92

Pool April 12, 2024 Technical Indicators

Most technical analysis of Pool 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 Pool from various momentum indicators to cycle indicators. When you analyze Pool 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 Pool is a strong investment it is important to analyze Pool'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 Pool's future performance. For an informed investment choice regarding Pool Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pool Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Pool Stock analysis

When running Pool's price analysis, check to measure Pool'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 Pool is operating at the current time. Most of Pool's value examination focuses on studying past and present price action to predict the probability of Pool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pool's price. Additionally, you may evaluate how the addition of Pool to your portfolios can decrease your overall portfolio volatility.
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Is Pool'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 Pool. If investors know Pool 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 Pool 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
(0.27)
Dividend Share
4.3
Earnings Share
13.34
Revenue Per Share
143.179
Quarterly Revenue Growth
(0.09)
The market value of Pool is measured differently than its book value, which is the value of Pool that is recorded on the company's balance sheet. Investors also form their own opinion of Pool's value that differs from its market value or its book value, called intrinsic value, which is Pool'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 Pool's market value can be influenced by many factors that don't directly affect Pool'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 Pool's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pool is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pool'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.