Hanesbrands Stock Price on September 19, 2024
If you're considering investing in Hanesbrands Stock, it is important to understand the factors that can impact its price. Hanesbrands holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16 % return per unit of risk over the last 3 months. Hanesbrands exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hanesbrands' Risk Adjusted Performance of (0.13), standard deviation of 3.2, and Market Risk Adjusted Performance of (0.74) to validate the risk estimate we provide.
Hanesbrands Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hanesbrands |
Sharpe Ratio = -0.1575
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Estimated Market Risk
3.2 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.5 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hanesbrands is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hanesbrands by adding Hanesbrands to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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Price Boundaries
Hanesbrands Period Price Range
Low | March 29, 2025
| High |
0.00 | 0.00 |
Hanesbrands cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Hanesbrands March 29, 2025 Market Strength
Market strength indicators help investors to evaluate how Hanesbrands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hanesbrands shares will generate the highest return on investment. By undertsting and applying Hanesbrands stock market strength indicators, traders can identify Hanesbrands entry and exit signals to maximize returns
Hanesbrands Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hanesbrands' price direction in advance. Along with the technical and fundamental analysis of Hanesbrands Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hanesbrands to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.13) | |||
Jensen Alpha | (0.48) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (0.75) |
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Math Transform | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Tools for Hanesbrands Stock
When running Hanesbrands' price analysis, check to measure Hanesbrands' 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 Hanesbrands is operating at the current time. Most of Hanesbrands' value examination focuses on studying past and present price action to predict the probability of Hanesbrands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanesbrands' price. Additionally, you may evaluate how the addition of Hanesbrands to your portfolios can decrease your overall portfolio volatility.
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