Hyster-Yale Materials (Germany) Probability of Future Stock Price Finishing Under 44.14
| HYEA Stock | EUR 50.50 0.50 0.98% |
Hyster-Yale |
Hyster-Yale Materials Target Price Odds to finish below 44.14
The tendency of Hyster-Yale 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 drop to € 44.14 or more in 90 days |
| 50.50 | 90 days | 44.14 | near 1 |
Based on a normal probability distribution, the odds of Hyster-Yale Materials to drop to € 44.14 or more in 90 days from now is near 1 (This Hyster Yale Materials Handling probability density function shows the probability of Hyster-Yale Stock to fall within a particular range of prices over 90 days) . Probability of Hyster Yale Materials price to stay between € 44.14 and its current price of €50.5 at the end of the 90-day period is about 12.31 .
Assuming the 90 days trading horizon Hyster Yale Materials Handling has a beta of -1.28. This usually indicates as returns on its benchmark rise, returns on holding Hyster Yale Materials Handling are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Hyster-Yale Materials is expected to outperform its benchmark. Additionally Hyster Yale Materials Handling has an alpha of 0.1337, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hyster-Yale Materials Price Density |
| Price |
Predictive Modules for Hyster-Yale Materials
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hyster Yale Materials. 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.Hyster-Yale Materials Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hyster-Yale Materials is not an exception. The market had few large corrections towards the Hyster-Yale Materials' 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 Hyster Yale Materials Handling, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hyster-Yale Materials within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -1.28 | |
σ | Overall volatility | 3.91 | |
Ir | Information ratio | -0.03 |
Hyster-Yale Materials 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 Hyster-Yale Materials for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hyster Yale Materials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hyster-Yale Materials generated a negative expected return over the last 90 days | |
| Hyster-Yale Materials has high historical volatility and very poor performance | |
| Hyster-Yale Materials has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 3.55 B. Net Loss for the year was (74.1 M) with profit before overhead, payroll, taxes, and interest of 363.4 M. | |
| About 58.0% of the company shares are owned by institutional investors |
Hyster-Yale Materials 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 Hyster-Yale Stock often depends not only on the future outlook of the current and potential Hyster-Yale Materials' 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. Hyster-Yale Materials' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.9 M |
Hyster-Yale Materials Technical Analysis
Hyster-Yale Materials' future price can be derived by breaking down and analyzing its technical indicators over time. Hyster-Yale Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hyster Yale Materials Handling. In general, you should focus on analyzing Hyster-Yale Stock price patterns and their correlations with different microeconomic environments and drivers.
Hyster-Yale Materials Predictive Forecast Models
Hyster-Yale Materials' time-series forecasting models is one of many Hyster-Yale Materials' 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 Hyster-Yale Materials' 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 Hyster Yale Materials
Checking the ongoing alerts about Hyster-Yale Materials for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hyster Yale Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hyster-Yale Materials generated a negative expected return over the last 90 days | |
| Hyster-Yale Materials has high historical volatility and very poor performance | |
| Hyster-Yale Materials has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 3.55 B. Net Loss for the year was (74.1 M) with profit before overhead, payroll, taxes, and interest of 363.4 M. | |
| About 58.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in Hyster-Yale Stock
When determining whether Hyster Yale Materials offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hyster-Yale Materials' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hyster Yale Materials Handling Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hyster Yale Materials Handling Stock:Check out Hyster-Yale Materials Backtesting, Hyster-Yale Materials Valuation, Hyster-Yale Materials Correlation, Hyster-Yale Materials Hype Analysis, Hyster-Yale Materials Volatility, Hyster-Yale Materials History as well as Hyster-Yale Materials Performance. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.