Heico Stock Market Value

HEI
 Stock
  

USD 162.54  0.14  0.09%   

Heico Corp's market value is the price at which a share of Heico Corp stock trades on a public exchange. It measures the collective expectations of Heico Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Heico Corp and determine expected loss or profit from investing in Heico Corp over a given investment horizon. Please check Heico Corp Correlation, Heico Corp Volatility and Heico Corp Alpha and Beta module to complement your research on Heico Corp.
Symbol


Is Heico Corp'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 Heico Corp. If investors know Heico 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 Heico 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 YOY
0.071
Market Capitalization
19.3 B
Quarterly Revenue Growth YOY
0.21
Return On Assets
0.0795
Return On Equity
0.14
The market value of Heico Corp is measured differently than its book value, which is the value of Heico that is recorded on the company's balance sheet. Investors also form their own opinion of Heico Corp's value that differs from its market value or its book value, called intrinsic value, which is Heico 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 Heico Corp's market value can be influenced by many factors that don't directly affect Heico 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 Heico Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Heico Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heico 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.

Heico Corp '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 Heico Corp'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 Heico Corp.
0.00
03/06/2021
No Change 0.00  0.0 
In 1 year 8 months and 23 days
11/26/2022
0.00
If you would invest  0.00  in Heico Corp on March 6, 2021 and sell it all today you would earn a total of 0.00 from holding Heico Corp or generate 0.0% return on investment in Heico Corp over 630 days. Heico Corp is related to or competes with General Dynamics, Boeing, Lockheed Martin, Northrop Grumman, and Sanrio. HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related... More

Heico Corp 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 Heico Corp'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 Heico Corp upside and downside potential and time the market with a certain degree of confidence.

Heico Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Heico Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Heico Corp's standard deviation. In reality, there are many statistical measures that can use Heico Corp historical prices to predict the future Heico Corp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Heico Corp'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 Heico Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
160.83162.68164.53
Details
Intrinsic
Valuation
LowReal ValueHigh
154.30156.15178.79
Details
Naive
Forecast
LowNext ValueHigh
164.12165.96167.81
Details
9 Analysts
Consensus
LowTarget PriceHigh
120.00155.11182.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Heico Corp. Your research has to be compared to or analyzed against Heico Corp's peers to derive any actionable benefits. When done correctly, Heico Corp'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 Heico Corp.

Heico Corp Backtested Returns

We consider Heico Corp very steady. Heico Corp holds Efficiency (Sharpe) Ratio of 0.0447, which attests that the entity had 0.0447% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Heico Corp, which you can use to evaluate the future volatility of the firm. Please check out Heico Corp Downside Deviation of 1.81, market risk adjusted performance of 0.037, and Risk Adjusted Performance of 0.0307 to validate if the risk estimate we provide is consistent with the expected return of 0.0818%.
Heico Corp has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.0206, which attests to a somewhat significant risk relative to the market. Let's try to break down what Heico's beta means in this case. Heico Corp returns are very sensitive to returns on the market. As the market goes up or down, Heico Corp is expected to follow. Although it is important to respect Heico Corp current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Heico Corp technical indicators, you can presently evaluate if the expected return of 0.0818% will be sustainable into the future. Heico Corp right now retains a risk of 1.83%. Please check out Heico Corp information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance to decide if Heico Corp will be following its current trending patterns.

Auto-correlation

    
  0.37  

Below average predictability

Heico Corp has below average predictability. Overlapping area represents the amount of predictability between Heico Corp time series from 6th of March 2021 to 15th of January 2022 and 15th of January 2022 to 26th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Heico Corp price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Heico Corp price fluctuation can be explain by its past prices.
Correlation Coefficient0.37
Spearman Rank Test0.3
Residual Average0.0
Price Variance89.63

Heico Corp lagged returns against current returns

Autocorrelation, which is Heico Corp 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 Heico Corp's stock expected returns. We can calculate the autocorrelation of Heico Corp returns to help us make a trade decision. For example, suppose you find that Heico Corp stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Heico Corp 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 Heico Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Heico Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Heico Corp stock over time.
   Current vs Lagged Prices   
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       Timeline  

Heico Corp Lagged Returns

When evaluating Heico Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Heico Corp stock have on its future price. Heico Corp 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, Heico Corp autocorrelation shows the relationship between Heico Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Heico Corp.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Heico Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Heico Corp Correlation, Heico Corp Volatility and Heico Corp Alpha and Beta module to complement your research on Heico Corp. Note that the Heico Corp information on this page should be used as a complementary analysis to other Heico Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Heico Corp price analysis, check to measure Heico Corp'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 Heico Corp is operating at the current time. Most of Heico Corp's value examination focuses on studying past and present price action to predict the probability of Heico Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Heico Corp's price. Additionally, you may evaluate how the addition of Heico Corp to your portfolios can decrease your overall portfolio volatility.
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Heico Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Heico Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Heico Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...