Hennessy Capital Investment Stock Probability of Future Stock Price Finishing Under 5.89
| HCVI Stock | USD 10.62 0.02 0.19% |
Hennessy |
Hennessy Capital Target Price Odds to finish below 5.89
The tendency of Hennessy 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 $ 5.89 or more in 90 days |
| 10.62 | 90 days | 5.89 | near 1 |
Based on a normal probability distribution, the odds of Hennessy Capital to drop to $ 5.89 or more in 90 days from now is near 1 (This Hennessy Capital Investment probability density function shows the probability of Hennessy Stock to fall within a particular range of prices over 90 days) . Probability of Hennessy Capital Inv price to stay between $ 5.89 and its current price of $10.62 at the end of the 90-day period is about 56.87 .
Given the investment horizon of 90 days Hennessy Capital Investment has a beta of -0.0574. This usually indicates as returns on the benchmark increase, returns on holding Hennessy Capital are expected to decrease at a much lower rate. During a bear market, however, Hennessy Capital Investment is likely to outperform the market. Additionally Hennessy Capital Investment has an alpha of 0.0079, implying that it can generate a 0.007946 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hennessy Capital Price Density |
| Price |
Predictive Modules for Hennessy Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hennessy Capital Inv. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hennessy Capital'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.
Hennessy Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hennessy Capital is not an exception. The market had few large corrections towards the Hennessy Capital'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 Hennessy Capital Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hennessy Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.07 |
Hennessy Capital 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 Hennessy Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hennessy Capital Inv can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hennessy Capital Investment currently holds about 1.36 M in cash with (4.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Hennessy Capital Inv has a frail financial position based on the latest SEC disclosures | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Namib Minerals and Hennessy Capital Investment Corp. ... |
Hennessy Capital 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 Hennessy Stock often depends not only on the future outlook of the current and potential Hennessy Capital'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. Hennessy Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.3 M | |
| Cash And Short Term Investments | 462 K |
Hennessy Capital Technical Analysis
Hennessy Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Hennessy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hennessy Capital Investment. In general, you should focus on analyzing Hennessy Stock price patterns and their correlations with different microeconomic environments and drivers.
Hennessy Capital Predictive Forecast Models
Hennessy Capital's time-series forecasting models is one of many Hennessy Capital'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 Hennessy Capital'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 Hennessy Capital Inv
Checking the ongoing alerts about Hennessy Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hennessy Capital Inv help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hennessy Capital Investment currently holds about 1.36 M in cash with (4.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Hennessy Capital Inv has a frail financial position based on the latest SEC disclosures | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Namib Minerals and Hennessy Capital Investment Corp. ... |
Check out Hennessy Capital Backtesting, Hennessy Capital Valuation, Hennessy Capital Correlation, Hennessy Capital Hype Analysis, Hennessy Capital Volatility, Hennessy Capital History as well as Hennessy Capital Performance. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Asset Management & Custody Banks 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 Hennessy Capital. If investors know Hennessy 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 Hennessy Capital 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 0.392 | Earnings Share (1.05) | Return On Assets (0.02) |
The market value of Hennessy Capital Inv is measured differently than its book value, which is the value of Hennessy that is recorded on the company's balance sheet. Investors also form their own opinion of Hennessy Capital's value that differs from its market value or its book value, called intrinsic value, which is Hennessy Capital'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 Hennessy Capital's market value can be influenced by many factors that don't directly affect Hennessy Capital'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 Hennessy Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hennessy Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hennessy Capital'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.