Haymaker Acquisition Corp Stock Probability of Future Stock Price Finishing Over 11.14
| HYAC Stock | USD 10.76 0.01 0.09% |
Haymaker |
Haymaker Acquisition Target Price Odds to finish over 11.14
The tendency of Haymaker 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 move over $ 11.14 or more in 90 days |
| 10.76 | 90 days | 11.14 | close to zero percent |
Based on a normal probability distribution, the odds of Haymaker Acquisition to move over $ 11.14 or more in 90 days from now is close to zero percent (This Haymaker Acquisition Corp probability density function shows the probability of Haymaker Stock to fall within a particular range of prices over 90 days) . Probability of Haymaker Acquisition Corp price to stay between its current price of $ 10.76 and $ 11.14 at the end of the 90-day period is about 8.39 .
Given the investment horizon of 90 days Haymaker Acquisition Corp has a beta of -0.0383. This usually indicates as returns on the benchmark increase, returns on holding Haymaker Acquisition are expected to decrease at a much lower rate. During a bear market, however, Haymaker Acquisition Corp is likely to outperform the market. Additionally Haymaker Acquisition Corp has an alpha of 0.015, implying that it can generate a 0.015 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Haymaker Acquisition Price Density |
| Price |
Predictive Modules for Haymaker Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Haymaker Acquisition Corp. 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.Haymaker Acquisition Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Haymaker Acquisition is not an exception. The market had few large corrections towards the Haymaker Acquisition'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 Haymaker Acquisition Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Haymaker Acquisition within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.26 |
Haymaker Acquisition 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 Haymaker Acquisition for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Haymaker Acquisition Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Haymaker Acquisition has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Haymaker Acquisition Corp currently holds 8.83 M in liabilities with Debt to Equity (D/E) ratio of 750.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Haymaker Acquisition Corp has a current ratio of 0.2, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Haymaker Acquisition's use of debt, we should always consider it together with its cash and equity. | |
| Haymaker Acquisition Corp currently holds about 130.36 K in cash with (805.21 K) of positive cash flow from operations. | |
| Over 79.0% of Haymaker Acquisition shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Fort Baker Capital Management LP Acquires New Stake in Haymaker Acquisition Corp 4 |
Haymaker Acquisition 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 Haymaker Stock often depends not only on the future outlook of the current and potential Haymaker Acquisition'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. Haymaker Acquisition's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 29.5 M | |
| Cash And Short Term Investments | 206 K |
Haymaker Acquisition Technical Analysis
Haymaker Acquisition's future price can be derived by breaking down and analyzing its technical indicators over time. Haymaker Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Haymaker Acquisition Corp. In general, you should focus on analyzing Haymaker Stock price patterns and their correlations with different microeconomic environments and drivers.
Haymaker Acquisition Predictive Forecast Models
Haymaker Acquisition's time-series forecasting models is one of many Haymaker Acquisition'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 Haymaker Acquisition'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 Haymaker Acquisition Corp
Checking the ongoing alerts about Haymaker Acquisition for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Haymaker Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Haymaker Acquisition has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Haymaker Acquisition Corp currently holds 8.83 M in liabilities with Debt to Equity (D/E) ratio of 750.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Haymaker Acquisition Corp has a current ratio of 0.2, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Haymaker Acquisition's use of debt, we should always consider it together with its cash and equity. | |
| Haymaker Acquisition Corp currently holds about 130.36 K in cash with (805.21 K) of positive cash flow from operations. | |
| Over 79.0% of Haymaker Acquisition shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Fort Baker Capital Management LP Acquires New Stake in Haymaker Acquisition Corp 4 |
Check out Haymaker Acquisition Backtesting, Haymaker Acquisition Valuation, Haymaker Acquisition Correlation, Haymaker Acquisition Hype Analysis, Haymaker Acquisition Volatility, Haymaker Acquisition History as well as Haymaker Acquisition Performance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Multi-Sector Holdings 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 Haymaker Acquisition. If investors know Haymaker 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 Haymaker Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.406 |
The market value of Haymaker Acquisition Corp is measured differently than its book value, which is the value of Haymaker that is recorded on the company's balance sheet. Investors also form their own opinion of Haymaker Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Haymaker Acquisition'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 Haymaker Acquisition's market value can be influenced by many factors that don't directly affect Haymaker Acquisition'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 Haymaker Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haymaker Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haymaker Acquisition'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.