Heico Stock Market Value
| HEI Stock | USD 238.11 3.96 1.69% |
| Symbol | Heico |
Heico Price To Book Ratio
Is Aerospace & Defense 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 Heico. If investors know Heico 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 Heico 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 0.311 | Earnings Share 3.67 | Revenue Per Share | Quarterly Revenue Growth 0.373 | Return On Assets |
The market value of Heico is measured differently than its book value, which is the value of Heico that is recorded on the company's balance sheet. Investors also form their own opinion of Heico's value that differs from its market value or its book value, called intrinsic value, which is Heico'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 Heico's market value can be influenced by many factors that don't directly affect Heico'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 Heico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heico'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.
Heico 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Heico's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Heico.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Heico on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Heico or generate 0.0% return on investment in Heico over 150 days. Heico is related to or competes with Eve Holding, Mercury Systems, AeroVironment, Howmet Aerospace, Raytheon Technologies, Northrop Grumman, and Lockheed Martin. HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related... More
Heico Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Heico's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Heico upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 12.63 | |||
| Value At Risk | (3.13) | |||
| Potential Upside | 2.51 |
Heico Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heico's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Heico's standard deviation. In reality, there are many statistical measures that can use Heico historical prices to predict the future Heico's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Heico's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Heico Backtested Returns
Heico holds Efficiency (Sharpe) Ratio of -0.029, which attests that the entity had a -0.029 % return per unit of risk over the last 3 months. Heico exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Heico's Standard Deviation of 1.81, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.28) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.3, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Heico's returns are expected to increase less than the market. However, during the bear market, the loss of holding Heico is expected to be smaller as well. At this point, Heico has a negative expected return of -0.0545%. Please make sure to check out Heico's jensen alpha, kurtosis, price action indicator, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Heico performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.01 |
Very weak reverse predictability
Heico has very weak reverse predictability. Overlapping area represents the amount of predictability between Heico time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Heico price movement. The serial correlation of -0.01 indicates that just 1.0% of current Heico price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 291.34 |
Heico lagged returns against current returns
Autocorrelation, which is Heico stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Heico's stock expected returns. We can calculate the autocorrelation of Heico returns to help us make a trade decision. For example, suppose you find that Heico has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Heico regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Heico stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Heico stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Heico stock over time.
Current vs Lagged Prices |
| Timeline |
Heico Lagged Returns
When evaluating Heico's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Heico stock have on its future price. Heico autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Heico autocorrelation shows the relationship between Heico stock current value and its past values and can show if there is a momentum factor associated with investing in Heico.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Heico offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Heico's 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 Heico Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heico Stock:Check out Heico Correlation, Heico Volatility and Heico Alpha and Beta module to complement your research on Heico. For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Heico technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.