Eaton Plc Stock Technical Analysis
ETN Stock | USD 318.79 5.95 1.90% |
As of the 25th of April, Eaton PLC shows the Mean Deviation of 1.09, downside deviation of 1.29, and Coefficient Of Variation of 394.39. Eaton PLC technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 were able to interpolate and analyze data for nineteen technical drivers for Eaton PLC, which can be compared to its peers. Please confirm Eaton PLC variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Eaton PLC is priced favorably, providing market reflects its regular price of 318.79 per share. Given that Eaton PLC has jensen alpha of 0.2752, we urge you to verify Eaton PLC's prevailing market performance to make sure the company can sustain itself at a future point.
Eaton PLC Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Eaton, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EatonEaton |
Eaton PLC Analyst Consensus
Target Price | Advice | # of Analysts | |
231.88 | Buy | 25 | Odds |
Most Eaton 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 Eaton stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Eaton PLC, talking to its executives and customers, or listening to Eaton conference calls.
Eaton PLC 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.
Eaton PLC Technical Analysis
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 Eaton PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Eaton PLC Trend Analysis
Use this graph to draw trend lines for Eaton PLC. You can use it to identify possible trend reversals for Eaton PLC 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 Eaton PLC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Eaton PLC Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Eaton PLC applied against its price change over selected period. The best fit line has a slop of 1.08 , which may imply that Eaton PLC will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 43713.56, which is the sum of squared deviations for the predicted Eaton PLC price change compared to its average price change.About Eaton PLC 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 Eaton PLC 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 Eaton PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Eaton PLC price pattern first instead of the macroeconomic environment surrounding Eaton PLC. By analyzing Eaton PLC'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 Eaton PLC'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 Eaton PLC specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0177 | 0.0208 | 0.0143 | 0.0136 | Price To Sales Ratio | 3.51 | 3.02 | 4.14 | 4.35 |
Eaton PLC April 25, 2024 Technical Indicators
Most technical analysis of Eaton 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 Eaton from various momentum indicators to cycle indicators. When you analyze Eaton 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 | 0.1641 | |||
Market Risk Adjusted Performance | 0.3201 | |||
Mean Deviation | 1.09 | |||
Semi Deviation | 0.8402 | |||
Downside Deviation | 1.29 | |||
Coefficient Of Variation | 394.39 | |||
Standard Deviation | 1.54 | |||
Variance | 2.36 | |||
Information Ratio | 0.1915 | |||
Jensen Alpha | 0.2752 | |||
Total Risk Alpha | 0.1694 | |||
Sortino Ratio | 0.2281 | |||
Treynor Ratio | 0.3101 | |||
Maximum Drawdown | 11.18 | |||
Value At Risk | (1.64) | |||
Potential Upside | 2.26 | |||
Downside Variance | 1.67 | |||
Semi Variance | 0.706 | |||
Expected Short fall | (1.20) | |||
Skewness | 1.27 | |||
Kurtosis | 6.33 |
Eaton PLC April 25, 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 Eaton 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 | 125,022 | ||
Daily Balance Of Power | 0.52 | ||
Rate Of Daily Change | 1.02 | ||
Day Median Price | 319.68 | ||
Day Typical Price | 319.38 | ||
Price Action Indicator | 2.09 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Eaton Stock analysis
When running Eaton PLC's price analysis, check to measure Eaton PLC'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 Eaton PLC is operating at the current time. Most of Eaton PLC's value examination focuses on studying past and present price action to predict the probability of Eaton PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton PLC's price. Additionally, you may evaluate how the addition of Eaton PLC to your portfolios can decrease your overall portfolio volatility.
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Is Eaton PLC'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 Eaton PLC. If investors know Eaton 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 Eaton PLC 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 0.304 | Dividend Share 3.44 | Earnings Share 8.01 | Revenue Per Share 58.121 | Quarterly Revenue Growth 0.108 |
The market value of Eaton PLC is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton PLC's value that differs from its market value or its book value, called intrinsic value, which is Eaton PLC'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 Eaton PLC's market value can be influenced by many factors that don't directly affect Eaton PLC'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 Eaton PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton PLC'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.