Hyliion Holdings Corp Stock Three Year Return
| HYLN Stock | USD 2.73 0.20 7.91% |
Hyliion Holdings Corp fundamentals help investors to digest information that contributes to Hyliion Holdings' financial success or failures. It also enables traders to predict the movement of Hyliion Stock. The fundamental analysis module provides a way to measure Hyliion Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hyliion Holdings stock.
Hyliion | Three Year Return |
Hyliion Holdings Corp Company Three Year Return Analysis
Hyliion Holdings' Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Hyliion Three Year Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Hyliion Holdings is extremely important. It helps to project a fair market value of Hyliion Stock properly, considering its historical fundamentals such as Three Year Return. Since Hyliion Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hyliion Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hyliion Holdings' interrelated accounts and indicators.
Click cells to compare fundamentals
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Hyliion Return On Tangible Assets
Return On Tangible Assets |
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Based on the latest financial disclosure, Hyliion Holdings Corp has a Three Year Return of 0.0%. This indicator is about the same for the Machinery average (which is currently at 0.0) sector and about the same as Industrials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Hyliion Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hyliion Holdings' direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hyliion Holdings could also be used in its relative valuation, which is a method of valuing Hyliion Holdings by comparing valuation metrics of similar companies.Hyliion Holdings is currently under evaluation in three year return category among its peers.
Hyliion Holdings ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hyliion Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hyliion Holdings' managers, analysts, and investors.Environmental | Governance | Social |
Hyliion Fundamentals
| Return On Equity | -0.27 | ||||
| Return On Asset | -0.16 | ||||
| Operating Margin | (876.77) % | ||||
| Current Valuation | 295.11 M | ||||
| Shares Outstanding | 173.58 M | ||||
| Shares Owned By Insiders | 32.96 % | ||||
| Shares Owned By Institutions | 23.42 % | ||||
| Number Of Shares Shorted | 11.67 M | ||||
| Price To Book | 1.71 X | ||||
| Price To Sales | 4,579 X | ||||
| Revenue | 672 K | ||||
| Gross Profit | (6.67 M) | ||||
| EBITDA | (122.38 M) | ||||
| Net Income | (123.51 M) | ||||
| Cash And Equivalents | 387.08 M | ||||
| Cash Per Share | 2.15 X | ||||
| Total Debt | 7.64 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 23.49 X | ||||
| Book Value Per Share | 1.54 X | ||||
| Cash Flow From Operations | (116.96 M) | ||||
| Short Ratio | 11.59 X | ||||
| Earnings Per Share | (0.48) X | ||||
| Target Price | 2.0 | ||||
| Number Of Employees | 85 | ||||
| Beta | 1.9 | ||||
| Market Capitalization | 539.84 M | ||||
| Total Asset | 328.38 M | ||||
| Retained Earnings | (97.76 M) | ||||
| Working Capital | 166.58 M | ||||
| Net Asset | 328.38 M |
About Hyliion Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hyliion Holdings Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hyliion Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hyliion Holdings Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Hyliion Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hyliion Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hyliion Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Hyliion Stock
Moving against Hyliion Stock
| 0.7 | SOL | Emeren Group | PairCorr |
| 0.68 | RUN | Sunrun Inc | PairCorr |
| 0.55 | EFSH | 1847 Holdings LLC | PairCorr |
| 0.5 | FBYDW | Falcons Beyond Global, | PairCorr |
The ability to find closely correlated positions to Hyliion Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hyliion Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hyliion Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hyliion Holdings Corp to buy it.
The correlation of Hyliion Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hyliion Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hyliion Holdings Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hyliion Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Hyliion Holdings Piotroski F Score and Hyliion Holdings Altman Z Score analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Industrial Machinery & Supplies & Components 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 Hyliion Holdings. If investors know Hyliion 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 Hyliion Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.48) | Revenue Per Share 0.001 | Quarterly Revenue Growth (1.00) | Return On Assets (0.16) | Return On Equity (0.27) |
The market value of Hyliion Holdings Corp is measured differently than its book value, which is the value of Hyliion that is recorded on the company's balance sheet. Investors also form their own opinion of Hyliion Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hyliion Holdings' 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 Hyliion Holdings' market value can be influenced by many factors that don't directly affect Hyliion Holdings' 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 Hyliion Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyliion Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyliion Holdings' 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.