Hyster Yale Materials Handling Stock Market Value
| HY Stock | USD 43.96 0.69 1.55% |
| Symbol | Hyster |
Hyster Yale Materials Price To Book Ratio
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 Hyster Yale. If investors know Hyster 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 Hyster Yale 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 (0.59) | Dividend Share 1.375 | Earnings Share 8.07 | Revenue Per Share | Quarterly Revenue Growth 0.039 |
The market value of Hyster Yale Materials is measured differently than its book value, which is the value of Hyster that is recorded on the company's balance sheet. Investors also form their own opinion of Hyster Yale's value that differs from its market value or its book value, called intrinsic value, which is Hyster Yale'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 Hyster Yale's market value can be influenced by many factors that don't directly affect Hyster Yale'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 Hyster Yale's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyster Yale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyster Yale'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.
Hyster Yale 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hyster Yale's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hyster Yale.
| 01/26/2025 |
| 03/27/2025 |
If you would invest 0.00 in Hyster Yale on January 26, 2025 and sell it all today you would earn a total of 0.00 from holding Hyster Yale Materials Handling or generate 0.0% return on investment in Hyster Yale over 60 days. Hyster Yale is related to or competes with CEA Industries, Titan International, Volvo AB, Gencor Industries, Astec Industries, Shyft, and Rev. Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a ... More
Hyster Yale Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hyster Yale's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Hyster Yale Materials Handling upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 15.44 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 2.75 |
Hyster Yale Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hyster Yale's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hyster Yale's standard deviation. In reality, there are many statistical measures that can use Hyster Yale historical prices to predict the future Hyster Yale's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.65) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hyster Yale'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.
Hyster Yale Materials Backtested Returns
Hyster Yale Materials holds Efficiency (Sharpe) Ratio of -0.0643, which attests that the entity had a -0.0643 % return per unit of risk over the last 3 months. Hyster Yale Materials exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hyster Yale's Standard Deviation of 2.35, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (0.64) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hyster Yale's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hyster Yale is expected to be smaller as well. At this point, Hyster Yale Materials has a negative expected return of -0.15%. Please make sure to check out Hyster Yale's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Hyster Yale Materials performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Hyster Yale Materials Handling has modest predictability. Overlapping area represents the amount of predictability between Hyster Yale time series from 26th of January 2025 to 25th of February 2025 and 25th of February 2025 to 27th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hyster Yale Materials price movement. The serial correlation of 0.51 indicates that about 51.0% of current Hyster Yale price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 8.56 |
Hyster Yale Materials lagged returns against current returns
Autocorrelation, which is Hyster Yale stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Hyster Yale's stock expected returns. We can calculate the autocorrelation of Hyster Yale returns to help us make a trade decision. For example, suppose you find that Hyster Yale has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Hyster Yale regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Hyster Yale stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hyster Yale stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hyster Yale stock over time.
Current vs Lagged Prices |
| Timeline |
Hyster Yale Lagged Returns
When evaluating Hyster Yale's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hyster Yale stock have on its future price. Hyster Yale autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Hyster Yale autocorrelation shows the relationship between Hyster Yale stock current value and its past values and can show if there is a momentum factor associated with investing in Hyster Yale Materials Handling.
Regressed Prices |
| Timeline |
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Additional Tools for Hyster Stock Analysis
When running Hyster Yale's price analysis, check to measure Hyster Yale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hyster Yale is operating at the current time. Most of Hyster Yale's value examination focuses on studying past and present price action to predict the probability of Hyster Yale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyster Yale's price. Additionally, you may evaluate how the addition of Hyster Yale to your portfolios can decrease your overall portfolio volatility.