Mohawk Industries Stock Probability of Future Stock Price Finishing Over 118.28
| MHK Stock | USD 118.28 0.98 0.84% |
Closest to current price Mohawk long PUT Option Payoff at Expiration
Mohawk |
Mohawk Industries Target Price Odds to finish over 118.28
The tendency of Mohawk 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 above the current price in 90 days |
| 118.28 | 90 days | 118.28 | about 91.65 |
Based on a normal probability distribution, the odds of Mohawk Industries to move above the current price in 90 days from now is about 91.65 (This Mohawk Industries probability density function shows the probability of Mohawk Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Mohawk Industries has a beta of 0.39. This indicates as returns on the market go up, Mohawk Industries average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mohawk Industries will be expected to be much smaller as well. Additionally Mohawk Industries 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. Mohawk Industries Price Density |
| Price |
Predictive Modules for Mohawk Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mohawk Industries. 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.Mohawk Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mohawk Industries is not an exception. The market had few large corrections towards the Mohawk Industries' 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 Mohawk Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mohawk Industries within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.39 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 13.70 | |
Ir | Information ratio | -0.17 |
Mohawk Industries 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 Mohawk Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mohawk Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mohawk Industries generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 11.14 B. Reported Net Loss for the year was (439.52 M) with profit before taxes, overhead, and interest of 3.01 B. | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Mohawk Industries Inc Announces Fourth Quarter 2024 Earnings Call |
Mohawk Industries 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 Mohawk Stock often depends not only on the future outlook of the current and potential Mohawk Industries' 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. Mohawk Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 63.7 M | |
| Cash And Short Term Investments | 642.5 M |
Mohawk Industries Technical Analysis
Mohawk Industries' future price can be derived by breaking down and analyzing its technical indicators over time. Mohawk Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mohawk Industries. In general, you should focus on analyzing Mohawk Stock price patterns and their correlations with different microeconomic environments and drivers.
Mohawk Industries Predictive Forecast Models
Mohawk Industries' time-series forecasting models is one of many Mohawk Industries' 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 Mohawk Industries' 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 Mohawk Industries
Checking the ongoing alerts about Mohawk Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mohawk Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mohawk Industries generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 11.14 B. Reported Net Loss for the year was (439.52 M) with profit before taxes, overhead, and interest of 3.01 B. | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Mohawk Industries Inc Announces Fourth Quarter 2024 Earnings Call |
Check out Mohawk Industries Backtesting, Mohawk Industries Valuation, Mohawk Industries Correlation, Mohawk Industries Hype Analysis, Mohawk Industries Volatility, Mohawk Industries History as well as Mohawk Industries Performance. For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Household Durables 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 Mohawk Industries. If investors know Mohawk 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 Mohawk Industries 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 0.557 | Earnings Share 8.86 | Revenue Per Share | Quarterly Revenue Growth (0.02) | Return On Assets |
The market value of Mohawk Industries is measured differently than its book value, which is the value of Mohawk that is recorded on the company's balance sheet. Investors also form their own opinion of Mohawk Industries' value that differs from its market value or its book value, called intrinsic value, which is Mohawk Industries' 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 Mohawk Industries' market value can be influenced by many factors that don't directly affect Mohawk Industries' 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 Mohawk Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mohawk Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mohawk Industries' 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.