Hamilton Beach Brands Stock Probability of Future Stock Price Finishing Over 20.07
| HBB Stock | USD 16.77 0.30 1.76% |
Hamilton |
Hamilton Beach Target Price Odds to finish over 20.07
The tendency of Hamilton 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 $ 20.07 or more in 90 days |
| 16.77 | 90 days | 20.07 | about 73.88 |
Based on a normal probability distribution, the odds of Hamilton Beach to move over $ 20.07 or more in 90 days from now is about 73.88 (This Hamilton Beach Brands probability density function shows the probability of Hamilton Stock to fall within a particular range of prices over 90 days) . Probability of Hamilton Beach Brands price to stay between its current price of $ 16.77 and $ 20.07 at the end of the 90-day period is about 15.26 .
Considering the 90-day investment horizon Hamilton Beach Brands has a beta of -0.81. This usually indicates as returns on the benchmark increase, returns on holding Hamilton Beach are expected to decrease at a much lower rate. During a bear market, however, Hamilton Beach Brands is likely to outperform the market. Additionally Hamilton Beach Brands has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Hamilton Beach Price Density |
| Price |
Predictive Modules for Hamilton Beach
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hamilton Beach Brands. 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.Hamilton Beach Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hamilton Beach is not an exception. The market had few large corrections towards the Hamilton Beach'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 Hamilton Beach Brands, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hamilton Beach within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.76 | |
β | Beta against Dow Jones | -0.81 | |
σ | Overall volatility | 5.55 | |
Ir | Information ratio | -0.21 |
Hamilton Beach 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 Hamilton Beach for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hamilton Beach Brands can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hamilton Beach generated a negative expected return over the last 90 days | |
| Hamilton Beach has high historical volatility and very poor performance | |
| About 38.0% of the company shares are held by company insiders | |
| Latest headline from MacroaxisInsider: Disposition of 5606 shares by Rankin Matthew M of Hamilton Beach subject to Rule 16b-3 |
Hamilton Beach 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 Hamilton Stock often depends not only on the future outlook of the current and potential Hamilton Beach'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. Hamilton Beach's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.1 M | |
| Cash And Short Term Investments | 15.4 M |
Hamilton Beach Technical Analysis
Hamilton Beach's future price can be derived by breaking down and analyzing its technical indicators over time. Hamilton Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hamilton Beach Brands. In general, you should focus on analyzing Hamilton Stock price patterns and their correlations with different microeconomic environments and drivers.
Hamilton Beach Predictive Forecast Models
Hamilton Beach's time-series forecasting models is one of many Hamilton Beach'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 Hamilton Beach'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 Hamilton Beach Brands
Checking the ongoing alerts about Hamilton Beach for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hamilton Beach Brands help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hamilton Beach generated a negative expected return over the last 90 days | |
| Hamilton Beach has high historical volatility and very poor performance | |
| About 38.0% of the company shares are held by company insiders | |
| Latest headline from MacroaxisInsider: Disposition of 5606 shares by Rankin Matthew M of Hamilton Beach subject to Rule 16b-3 |
Check out Hamilton Beach Backtesting, Hamilton Beach Valuation, Hamilton Beach Correlation, Hamilton Beach Hype Analysis, Hamilton Beach Volatility, Hamilton Beach History as well as Hamilton Beach Performance. You can also try the Positions Ratings module to 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.
Is Household Appliances 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 Hamilton Beach. If investors know Hamilton 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 Hamilton Beach 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 (0.81) | Dividend Share 0.45 | Earnings Share 1.88 | Revenue Per Share 46.2 | Quarterly Revenue Growth 0.02 |
The market value of Hamilton Beach Brands is measured differently than its book value, which is the value of Hamilton that is recorded on the company's balance sheet. Investors also form their own opinion of Hamilton Beach's value that differs from its market value or its book value, called intrinsic value, which is Hamilton Beach'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 Hamilton Beach's market value can be influenced by many factors that don't directly affect Hamilton Beach'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 Hamilton Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hamilton Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hamilton Beach'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.