Hudbay Stock Technical Analysis

HBM
 Stock
  

USD 4.51  0.13  2.97%   

As of the 16th of August 2022, Hudbay Minerals retains the risk adjusted performance of (0.047135), and Market Risk Adjusted Performance of (0.09). Hudbay Minerals 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 have analyzed nineteen technical drivers for Hudbay Minerals, which can be compared to its competitors. Please check out Hudbay Minerals treynor ratio, and the relationship between the standard deviation and downside variance to decide if Hudbay Minerals is priced fairly, providing market reflects its last-minute price of 4.51 per share. Given that Hudbay Minerals has jensen alpha of (0.42), we strongly advise you to confirm Hudbay Minerals's regular market performance to make sure the company can sustain itself at a future point.
  

Hudbay Minerals Momentum Analysis

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

Hudbay Minerals Analyst Consensus

Target PriceAdvice# of Analysts
10.37Buy15Odds
Hudbay Minerals current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Hudbay 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 Hudbay stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hudbay Minerals, talking to its executives and customers, or listening to Hudbay conference calls.
Hudbay Analyst Advice Details
Hudbay Minerals 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 Hudbay Minerals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hudbay Minerals 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...

Hudbay Minerals Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Hudbay Minerals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Hudbay Minerals Trend Analysis

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

Hudbay Minerals Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hudbay Minerals applied against its price change over selected period. The best fit line has a slop of   -0.04  , which may imply that the returns on investment in Hudbay Minerals will continue to fail. It has 122 observation points and a regression sum of squares at 63.41, which is the sum of squared deviations for the predicted Hudbay Minerals price change compared to its average price change.

About Hudbay Minerals 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 Hudbay Minerals 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 Hudbay Minerals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hudbay Minerals stock first instead of the macroeconomic environment surrounding Hudbay Minerals. By analyzing Hudbay Minerals'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 Hudbay Minerals'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 Hudbay Minerals specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2021 2022 (projected)
Book Value per Share7.075.656.44
Asset Turnover0.270.330.32

Hudbay Minerals August 16, 2022 Technical Indicators

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

Hudbay Minerals August 16, 2022 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 Hudbay 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.
Please check Risk vs Return Analysis. Note that the Hudbay Minerals information on this page should be used as a complementary analysis to other Hudbay Minerals' 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Hudbay Stock analysis

When running Hudbay Minerals price analysis, check to measure Hudbay Minerals' 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 Hudbay Minerals is operating at the current time. Most of Hudbay Minerals' value examination focuses on studying past and present price action to predict the probability of Hudbay Minerals' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hudbay Minerals' price. Additionally, you may evaluate how the addition of Hudbay Minerals to your portfolios can decrease your overall portfolio volatility.
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Is Hudbay Minerals' 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 Hudbay Minerals. If investors know Hudbay 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 Hudbay Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
1.1 B
Quarterly Revenue Growth YOY
0.028
Return On Assets
0.0266
Return On Equity
-0.0521
The market value of Hudbay Minerals is measured differently than its book value, which is the value of Hudbay that is recorded on the company's balance sheet. Investors also form their own opinion of Hudbay Minerals' value that differs from its market value or its book value, called intrinsic value, which is Hudbay Minerals' 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 Hudbay Minerals' market value can be influenced by many factors that don't directly affect Hudbay Minerals' 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 Hudbay Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine Hudbay Minerals value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hudbay Minerals' 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.