Hyster Stock Market Value

HY
 Stock
  

USD 22.77  1.26  5.86%   

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


Is Hyster Yale'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 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.
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 Hyster Yale value 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.
0.00
09/03/2022
No Change 0.00  0.0 
In 31 days
10/03/2022
0.00
If you would invest  0.00  in Hyster Yale on September 3, 2022 and sell it all today you would earn a total of 0.00 from holding Hyster Yale Materials or generate 0.0% return on investment in Hyster Yale over 30 days. Hyster Yale is related to or competes with Amazon. 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 upside and downside potential and time the market with a certain degree of confidence.

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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view 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. Please use the tools below to analyze the current value of Hyster Yale in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
18.7421.2223.70
Details
Intrinsic
Valuation
LowReal ValueHigh
19.3627.0729.55
Details
1 Analysts
Consensus
LowTarget PriceHigh
38.0038.0038.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hyster Yale. Your research has to be compared to or analyzed against Hyster Yale's peers to derive any actionable benefits. When done correctly, Hyster Yale'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 Hyster Yale Materials.

Hyster Yale Materials Backtested Returns

Hyster Yale Materials holds Efficiency (Sharpe) Ratio of -0.23, which attests that the entity had -0.23% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Hyster Yale Materials exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Hyster Yale market risk adjusted performance of (0.43), and Risk Adjusted Performance of (0.26) to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of 1.3252, which attests to a somewhat significant risk relative to the market. Let's try to break down what Hyster's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hyster Yale will likely underperform. Even though it is essential to pay attention to Hyster Yale Materials current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Hyster Yale Materials exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Hyster Yale Materials has an expected return of -0.58%. Please be advised to check out Hyster Yale potential upside, 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  

Good reverse predictability

Hyster Yale Materials has good reverse predictability. Overlapping area represents the amount of predictability between Hyster Yale time series from 3rd of September 2022 to 18th of September 2022 and 18th of September 2022 to 3rd of October 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 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-0.36
Residual Average0.0
Price Variance5.29

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 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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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   
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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.
   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 Hyster Yale 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 Hyster Yale Correlation, Hyster Yale Volatility and Hyster Yale Alpha and Beta module to complement your research on Hyster Yale. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for analysis

When running Hyster Yale Materials 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 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.
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Hyster Yale 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 Hyster Yale technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hyster Yale 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...