Honeywell Stock Performance

HON
 Stock
  

USD 213.45  0.26  0.12%   

Honeywell International has a performance score of 8 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.9182, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Honeywell's beta means in this case. Honeywell International returns are very sensitive to returns on the market. As the market goes up or down, Honeywell International is expected to follow. Although it is important to respect Honeywell International 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 Honeywell International technical indicators, you can presently evaluate if the expected return of 0.19% will be sustainable into the future. Honeywell International right now retains a risk of 1.67%. Please check out Honeywell International coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Honeywell International will be following its current trending patterns.
  
Honeywell Performance
8 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Honeywell International are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite quite abnormal basic indicators, Honeywell International may actually be approaching a critical reversion point that can send shares even higher in January 2023. ...more

Structure and Payout Changes

Forward Dividend Yield
0.0193
Payout Ratio
0.4754
Last Split Factor
1032:1000
Forward Dividend Rate
4.12
Dividend Date
2022-12-02
Ex Dividend Date
2022-11-09

Honeywell Price Channel

Begin Period Cash Flow14275000000.00
Total Cashflows From Investing Activities-1061000000.00

Honeywell International Relative Risk vs. Return Landscape

If you would invest  19,074  in Honeywell International on September 9, 2022 and sell it today you would earn a total of  2,271  from holding Honeywell International or generate 11.91% return on investment over 90 days. Honeywell International is generating 0.1923% of daily returns assuming volatility of 1.6687% on return distribution over 90 days investment horizon. In other words, 14% of stocks are less volatile than Honeywell, and above 97% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Honeywell International is expected to generate 1.11 times more return on investment than the market. However, the company is 1.11 times more volatile than its market benchmark. It trades about 0.12 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.02 per unit of risk.

Honeywell International Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Honeywell International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Honeywell International, and traders can use it to determine the average amount a Honeywell International's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1153

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Estimated Market Risk
 1.67
  actual daily
 
 14 %
of total potential
 
1414
Expected Return
 0.19
  actual daily
 
 3 %
of total potential
 
33
Risk-Adjusted Return
 0.12
  actual daily
 
 8 %
of total potential
 
88
Based on monthly moving average Honeywell International is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Honeywell International by adding it to a well-diversified portfolio.

About Honeywell International Performance

To evaluate Honeywell International Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Honeywell International generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Honeywell Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Honeywell International market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Honeywell's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-39 M-42.1 M
Return on Investment 15.87  19.68 
Return on Average Assets 8.59  7.92 
Return on Average Equity 30.68  26.79 
Return on Invested Capital 0.22  0.23 
Return on Sales 0.22  0.21 

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. 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 Alerts

Equity Alerts and Improvement Suggestions

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 news.google.com: Deutsche Bank Adjusts Honeywell International Price Target to 242 From 227, Maintains Buy Rating - Marketscreener.com
Please check Risk vs Return Analysis. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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.
Quarterly Earnings Growth YOY
0.267
Market Capitalization
143.5 B
Quarterly Revenue Growth YOY
0.056
Return On Assets
0.0734
Return On Equity
0.2956
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.