Hyliion Holdings Corp Stock Probability of Future Stock Price Finishing Under 2.33
| HYLN Stock | USD 3.84 0.13 3.50% |
Hyliion |
Hyliion Holdings Target Price Odds to finish below 2.33
The tendency of Hyliion 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 $ 2.33 or more in 90 days |
| 3.84 | 90 days | 2.33 | about 46.01 |
Based on a normal probability distribution, the odds of Hyliion Holdings to drop to $ 2.33 or more in 90 days from now is about 46.01 (This Hyliion Holdings Corp probability density function shows the probability of Hyliion Stock to fall within a particular range of prices over 90 days) . Probability of Hyliion Holdings Corp price to stay between $ 2.33 and its current price of $3.84 at the end of the 90-day period is about 53.87 .
Given the investment horizon of 90 days the stock has the beta coefficient of 3.22 . 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, Hyliion Holdings will likely underperform. Additionally Hyliion Holdings Corp has an alpha of 0.7882, implying that it can generate a 0.79 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hyliion Holdings Price Density |
| Price |
Predictive Modules for Hyliion Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hyliion Holdings 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.Hyliion Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hyliion Holdings is not an exception. The market had few large corrections towards the Hyliion Holdings' 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 Hyliion Holdings Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hyliion Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.79 | |
β | Beta against Dow Jones | 3.22 | |
σ | Overall volatility | 0.41 | |
Ir | Information ratio | 0.18 |
Hyliion Holdings 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 Hyliion Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hyliion Holdings 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.| Hyliion Holdings is way too risky over 90 days horizon | |
| Hyliion Holdings appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 672 K. Net Loss for the year was (123.51 M) with loss before overhead, payroll, taxes, and interest of (6.67 M). | |
| Hyliion Holdings Corp currently holds about 387.08 M in cash with (116.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.15. | |
| Hyliion Holdings has a frail financial position based on the latest SEC disclosures | |
| Roughly 33.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Insider Buying Jeffrey Craig Acquires 50,000 Shares of Hyliion Holdings Corp |
Hyliion Holdings 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 Hyliion Stock often depends not only on the future outlook of the current and potential Hyliion Holdings' 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. Hyliion Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 181.4 M | |
| Cash And Short Term Investments | 163.2 M |
Hyliion Holdings Technical Analysis
Hyliion Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Hyliion Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hyliion Holdings Corp. In general, you should focus on analyzing Hyliion Stock price patterns and their correlations with different microeconomic environments and drivers.
Hyliion Holdings Predictive Forecast Models
Hyliion Holdings' time-series forecasting models is one of many Hyliion Holdings' 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 Hyliion Holdings' 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 Hyliion Holdings Corp
Checking the ongoing alerts about Hyliion Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hyliion Holdings Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hyliion Holdings is way too risky over 90 days horizon | |
| Hyliion Holdings appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 672 K. Net Loss for the year was (123.51 M) with loss before overhead, payroll, taxes, and interest of (6.67 M). | |
| Hyliion Holdings Corp currently holds about 387.08 M in cash with (116.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.15. | |
| Hyliion Holdings has a frail financial position based on the latest SEC disclosures | |
| Roughly 33.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Insider Buying Jeffrey Craig Acquires 50,000 Shares of Hyliion Holdings Corp |
Check out Hyliion Holdings Backtesting, Hyliion Holdings Valuation, Hyliion Holdings Correlation, Hyliion Holdings Hype Analysis, Hyliion Holdings Volatility, Hyliion Holdings History as well as Hyliion Holdings Performance. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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 Hyliion Holdings. If investors know Hyliion 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 Hyliion Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.48) | Revenue Per Share 0.001 | Quarterly Revenue Growth (1.00) | Return On Assets (0.16) | Return On Equity (0.27) |
The market value of Hyliion Holdings Corp is measured differently than its book value, which is the value of Hyliion that is recorded on the company's balance sheet. Investors also form their own opinion of Hyliion Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hyliion Holdings' 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 Hyliion Holdings' market value can be influenced by many factors that don't directly affect Hyliion Holdings' 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 Hyliion Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyliion Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyliion Holdings' 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.