HR Block Stock Technical Analysis

HRB
 Stock
  

USD 41.58  0.06  0.14%   

As of the 8th of December, HR Block owns the standard deviation of 2.0, and Market Risk Adjusted Performance of (0.1). HR Block technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for HR Block, which can be compared to its peers in the sector. Please check out HR Block downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if HR Block is priced more or less accurately, providing market reflects its prevailing price of 41.58 per share. Given that HR Block has jensen alpha of (0.11), we strongly advise you to confirm HR Block's latest market performance to make sure the company can sustain itself sooner or later.
  

HR Block Momentum Analysis

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

HR Block Analyst Consensus

Target PriceAdvice# of Analysts
27.6Hold5Odds
HR Block current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most HR Block 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 HR Block stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of HR Block, talking to its executives and customers, or listening to HR Block conference calls.
HR Block Analyst Advice Details
HR Block 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 HR Block technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HR Block 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...

HR Block Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 HR Block volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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HR Block Trend Analysis

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

HR Block Best Fit Change Line

The following chart estimates an ordinary least squares regression model for HR Block applied against its price change over selected period. The best fit line has a slop of   -0.02  , which may imply that the returns on investment in HR Block will continue to fail. It has 122 observation points and a regression sum of squares at 22.63, which is the sum of squared deviations for the predicted HR Block price change compared to its average price change.

About HR Block 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 HR Block 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 HR Block based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on HR Block price pattern first instead of the macroeconomic environment surrounding HR Block. By analyzing HR Block'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 HR Block'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 HR Block specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity40.064.237.037.94
Interest Coverage0.947.28.448.66

HR Block December 8, 2022 Technical Indicators

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

HR Block December 8, 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 HR Block 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. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for analysis

When running HR Block price analysis, check to measure HR Block'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 HR Block is operating at the current time. Most of HR Block's value examination focuses on studying past and present price action to predict the probability of HR Block's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move HR Block's price. Additionally, you may evaluate how the addition of HR Block to your portfolios can decrease your overall portfolio volatility.
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Is HR Block'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 HR Block. If investors know HR Block 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 HR Block 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 YOY
1.455
Market Capitalization
6.5 B
Quarterly Revenue Growth YOY
(0.07) 
Return On Assets
0.1499
The market value of HR Block is measured differently than its book value, which is the value of HR Block that is recorded on the company's balance sheet. Investors also form their own opinion of HR Block's value that differs from its market value or its book value, called intrinsic value, which is HR Block'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 HR Block's market value can be influenced by many factors that don't directly affect HR Block'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 HR Block's value and its price as these two are different measures arrived at by different means. Investors typically determine HR Block value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HR Block'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.