Hillenbrand Stock Probability of Future Stock Price Finishing Over 28.3
| HI Stock | USD 34.54 0.76 2.25% |
Hillenbrand |
Hillenbrand Target Price Odds to finish over 28.3
The tendency of Hillenbrand Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 28.30 in 90 days |
| 34.54 | 90 days | 28.30 | about 60.63 |
Based on a normal probability distribution, the odds of Hillenbrand to stay above $ 28.30 in 90 days from now is about 60.63 (This Hillenbrand probability density function shows the probability of Hillenbrand Stock to fall within a particular range of prices over 90 days) . Probability of Hillenbrand price to stay between $ 28.30 and its current price of $34.54 at the end of the 90-day period is about 59.61 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 2.37 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hillenbrand will likely underperform. Additionally Hillenbrand has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Hillenbrand Price Density |
| Price |
Predictive Modules for Hillenbrand
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hillenbrand. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Hillenbrand Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hillenbrand is not an exception. The market had few large corrections towards the Hillenbrand's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Hillenbrand, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hillenbrand within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 2.37 | |
σ | Overall volatility | 2.41 | |
Ir | Information ratio | -0.0081 |
Hillenbrand Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Hillenbrand for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hillenbrand can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hillenbrand had very high historical volatility over the last 90 days | |
| The company generated the yearly revenue of 3.18 B. Annual Net Loss to common stockholders was (202 M) with gross profit of 963.4 M. | |
| Over 93.0% of the company shares are owned by institutional investors | |
| On 30th of September 2024 Hillenbrand paid $ 0.2225 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Hillenbrand Full Year 2024 Earnings Revenues Beat Expectations, EPS Lags |
Hillenbrand Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Hillenbrand Stock often depends not only on the future outlook of the current and potential Hillenbrand's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Hillenbrand's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 70.4 M | |
| Cash And Short Term Investments | 199.3 M |
Hillenbrand Technical Analysis
Hillenbrand's future price can be derived by breaking down and analyzing its technical indicators over time. Hillenbrand Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hillenbrand. In general, you should focus on analyzing Hillenbrand Stock price patterns and their correlations with different microeconomic environments and drivers.
Hillenbrand Predictive Forecast Models
Hillenbrand's time-series forecasting models is one of many Hillenbrand's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Hillenbrand's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Hillenbrand
Checking the ongoing alerts about Hillenbrand for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hillenbrand help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hillenbrand had very high historical volatility over the last 90 days | |
| The company generated the yearly revenue of 3.18 B. Annual Net Loss to common stockholders was (202 M) with gross profit of 963.4 M. | |
| Over 93.0% of the company shares are owned by institutional investors | |
| On 30th of September 2024 Hillenbrand paid $ 0.2225 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Hillenbrand Full Year 2024 Earnings Revenues Beat Expectations, EPS Lags |
Check out Hillenbrand Backtesting, Hillenbrand Valuation, Hillenbrand Correlation, Hillenbrand Hype Analysis, Hillenbrand Volatility, Hillenbrand History as well as Hillenbrand Performance. For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Industrial Machinery & Supplies & Components space 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 Hillenbrand. If investors know Hillenbrand 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 Hillenbrand 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 (0.20) | Dividend Share 0.89 | Earnings Share (3.03) | Revenue Per Share 45.21 | Quarterly Revenue Growth 0.098 |
The market value of Hillenbrand is measured differently than its book value, which is the value of Hillenbrand that is recorded on the company's balance sheet. Investors also form their own opinion of Hillenbrand's value that differs from its market value or its book value, called intrinsic value, which is Hillenbrand'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 Hillenbrand's market value can be influenced by many factors that don't directly affect Hillenbrand'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 Hillenbrand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hillenbrand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hillenbrand'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.