Hibbett Sports Probability of Future Stock Price Finishing Over 87.21
| HIBBDelisted Stock | USD 87.49 0.00 0.00% |
Hibbett |
Hibbett Sports Target Price Odds to finish over 87.21
The tendency of Hibbett 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 $ 87.21 in 90 days |
| 87.49 | 90 days | 87.21 | about 37.18 |
Based on a normal probability distribution, the odds of Hibbett Sports to stay above $ 87.21 in 90 days from now is about 37.18 (This Hibbett Sports probability density function shows the probability of Hibbett Stock to fall within a particular range of prices over 90 days) . Probability of Hibbett Sports price to stay between $ 87.21 and its current price of $87.49 at the end of the 90-day period is under 4.
Given the investment horizon of 90 days Hibbett Sports has a beta of 0.23. This usually indicates as returns on the market go up, Hibbett Sports average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hibbett Sports will be expected to be much smaller as well. Additionally Hibbett Sports has an alpha of 0.2985, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hibbett Sports Price Density |
| Price |
Predictive Modules for Hibbett Sports
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hibbett Sports. 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.Hibbett Sports Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hibbett Sports is not an exception. The market had few large corrections towards the Hibbett Sports' 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 Hibbett Sports, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hibbett Sports within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 2.63 | |
Ir | Information ratio | 0.09 |
Hibbett Sports 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 Hibbett Sports for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hibbett Sports can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hibbett Sports is not yet fully synchronised with the market data | |
| Hibbett Sports has a very high chance of going through financial distress in the upcoming years | |
| Over 97.0% of the company shares are owned by institutional investors |
Hibbett Sports 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 Hibbett Stock often depends not only on the future outlook of the current and potential Hibbett Sports' 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. Hibbett Sports' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.8 M |
Hibbett Sports Technical Analysis
Hibbett Sports' future price can be derived by breaking down and analyzing its technical indicators over time. Hibbett Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hibbett Sports. In general, you should focus on analyzing Hibbett Stock price patterns and their correlations with different microeconomic environments and drivers.
Hibbett Sports Predictive Forecast Models
Hibbett Sports' time-series forecasting models is one of many Hibbett Sports' 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 Hibbett Sports' 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 Hibbett Sports
Checking the ongoing alerts about Hibbett Sports for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hibbett Sports help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hibbett Sports is not yet fully synchronised with the market data | |
| Hibbett Sports has a very high chance of going through financial distress in the upcoming years | |
| Over 97.0% of the company shares are owned by institutional investors |
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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in Hibbett Stock
If you are still planning to invest in Hibbett Sports check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hibbett Sports' history and understand the potential risks before investing.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |