Hamilton Beach Brands Stock Probability of Future Stock Price Finishing Over 26.23
| HBB Stock | USD 16.60 0.17 1.01% |
Hamilton |
Hamilton Beach Target Price Odds to finish over 26.23
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 $ 26.23 or more in 90 days |
| 16.60 | 90 days | 26.23 | about 30.76 |
Based on a normal probability distribution, the odds of Hamilton Beach to move over $ 26.23 or more in 90 days from now is about 30.76 (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 $ 16.60 and $ 26.23 at the end of the 90-day period is about 58.23 .
Considering the 90-day investment horizon Hamilton Beach Brands has a beta of -1.81. This usually indicates as returns on its benchmark rise, returns on holding Hamilton Beach Brands are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Hamilton Beach is expected to outperform its benchmark. 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 | -0.8 | |
β | Beta against Dow Jones | -1.81 | |
σ | Overall volatility | 5.57 | |
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 aime