Hni Corp Stock Odds of Future Stock Price Finishing Under 47.10
| HNI Stock | USD 51.63 0.70 1.37% |
HNI |
HNI Corp Target Price Odds to finish below 47.10
The tendency of HNI 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 $ 47.10 or more in 90 days |
| 51.63 | 90 days | 47.10 | near 1 |
Based on a normal probability distribution, the odds of HNI Corp to drop to $ 47.10 or more in 90 days from now is near 1 (This HNI Corp probability density function shows the probability of HNI Stock to fall within a particular range of prices over 90 days) . Probability of HNI Corp price to stay between $ 47.10 and its current price of $51.63 at the end of the 90-day period is about 17.44 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.41 . 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, HNI Corp will likely underperform. Additionally HNI Corp 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. HNI Corp Price Density |
| Price |
Predictive Modules for HNI Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HNI 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.HNI Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HNI Corp is not an exception. The market had few large corrections towards the HNI Corp'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 HNI Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HNI Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 1.41 | |
σ | Overall volatility | 2.09 | |
Ir | Information ratio | -0.04 |
HNI Corp 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 HNI Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HNI 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.| HNI Corp generated a negative expected return over the last 90 days | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 408 shares by Petersen Jennifer Sue of HNI Corp subject to Rule 16b-3 |
HNI Corp 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 HNI Stock often depends not only on the future outlook of the current and potential HNI Corp'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. HNI Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.4 M | |
| Cash And Short Term Investments | 34.5 M |
HNI Corp Technical Analysis
HNI Corp's future price can be derived by breaking down and analyzing its technical indicators over time. HNI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HNI Corp. In general, you should focus on analyzing HNI Stock price patterns and their correlations with different microeconomic environments and drivers.
HNI Corp Predictive Forecast Models
HNI Corp's time-series forecasting models is one of many HNI Corp'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 HNI Corp'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 HNI Corp
Checking the ongoing alerts about HNI Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HNI Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HNI Corp generated a negative expected return over the last 90 days | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 408 shares by Petersen Jennifer Sue of HNI Corp subject to Rule 16b-3 |
Check out HNI Corp Backtesting, HNI Corp Valuation, HNI Corp Correlation, HNI Corp Hype Analysis, HNI Corp Volatility, HNI Corp History as well as HNI Corp Performance. For more detail on how to invest in HNI Stock please use our How to Invest in HNI Corp guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Commercial Services & Supplies 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 HNI Corp. If investors know HNI 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 HNI Corp 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 0.225 | Dividend Share 1.3 | Earnings Share 2.58 | Revenue Per Share 54.402 | Quarterly Revenue Growth (0.06) |
The market value of HNI Corp is measured differently than its book value, which is the value of HNI that is recorded on the company's balance sheet. Investors also form their own opinion of HNI Corp's value that differs from its market value or its book value, called intrinsic value, which is HNI Corp'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 HNI Corp's market value can be influenced by many factors that don't directly affect HNI Corp'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 HNI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if HNI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HNI Corp'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.