Honeywell Stock Probability of Future Stock Price Finishing Over 211.63


USD 211.63  1.72  0.81%   

Honeywell International's future price is the expected price of Honeywell International instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Honeywell International performance during a given time horizon utilizing its historical volatility. Price to Earnings Ratio is expected to rise to 28.33 this year, although Price to Book Value will most likely fall to 7.26.
Please check Honeywell International Backtesting, Honeywell International Valuation, Honeywell International Correlation, Honeywell International Hype Analysis, Honeywell International Volatility, Honeywell International History as well as Honeywell International Performance. Please specify Honeywell International time horizon, a valid symbol (red box) and a target price (blue box) you would like Honeywell International odds to be computed.

Honeywell International Target Price Odds to finish over 211.63

The tendency of Honeywell 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 211.63 90 days 211.63 
about 15.88
Based on a normal probability distribution, the odds of Honeywell International to move above the current price in 90 days from now is about 15.88 (This Honeywell International probability density function shows the probability of Honeywell Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Honeywell International has a beta of 0.91. This usually indicates Honeywell International market returns are very sensitive to returns on the market. As the market goes up or down, Honeywell International is expected to follow. Additionally The company has an alpha of 0.1423, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Honeywell International Price Density   

Predictive Modules for Honeywell International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Honeywell International. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Honeywell International'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. Please use the tools below to analyze the current value of Honeywell International in the context of predictive analytics.
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16 Analysts
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Honeywell International. Your research has to be compared to or analyzed against Honeywell International's peers to derive any actionable benefits. When done correctly, Honeywell International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Honeywell International.

Honeywell International Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Honeywell International is not an exception. The market had few large corrections towards the Honeywell International'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 Honeywell International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Honeywell International within the framework of very fundamental risk indicators.
Alpha over NYSE Composite
Beta against NYSE Composite0.91
Overall volatility
Information ratio 0.08

Honeywell International 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 Honeywell International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Honeywell International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Honeywell International has a poor financial position based on the latest SEC disclosures
Over 76.0% of the company shares are owned by institutional investors
On 2nd of December 2022 Honeywell International paid $ 1.03 per share dividend to its current shareholders
Latest headline from Deutsche Bank Adjusts Honeywell International Price Target to 242 From 227, Maintains Buy Rating -

Honeywell International 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 Honeywell Stock often depends not only on the future outlook of the current and potential Honeywell International'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. Honeywell International's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding700400000.00
Cash And Short Term Investments11523000000.00

Honeywell International Technical Analysis

Honeywell International's future price can be derived by breaking down and analyzing its technical indicators over time. Honeywell Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Honeywell International. In general, you should focus on analyzing Honeywell Stock price patterns and their correlations with different microeconomic environments and drivers.

Honeywell International Predictive Forecast Models

Honeywell International time-series forecasting models is one of many Honeywell International's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Honeywell International'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 Honeywell International

Checking the ongoing alerts about Honeywell International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Honeywell International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Honeywell International has a poor financial position based on the latest SEC disclosures
Over 76.0% of the company shares are owned by institutional investors
On 2nd of December 2022 Honeywell International paid $ 1.03 per share dividend to its current shareholders
Latest headline from Deutsche Bank Adjusts Honeywell International Price Target to 242 From 227, Maintains Buy Rating -

Complementary Tools for analysis

When running Honeywell International price analysis, check to measure Honeywell International'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 Honeywell International is operating at the current time. Most of Honeywell International's value examination focuses on studying past and present price action to predict the probability of Honeywell International's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Honeywell International's price. Additionally, you may evaluate how the addition of Honeywell International to your portfolios can decrease your overall portfolio volatility.
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Is Honeywell International's industry 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 Honeywell International. If investors know Honeywell 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 Honeywell International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International'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 Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International'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 Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine Honeywell International value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International'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.