Hyster Stock Technical Analysis

HY
 Stock
  

USD 30.15  0.78  2.52%   

As of the 27th of November, Hyster Yale retains the market risk adjusted performance of (0.040786), and Risk Adjusted Performance of (0.024104). Hyster Yale technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Hyster Yale Materials, which can be compared to its competitors. Please check out Hyster Yale Materials variance and potential upside to decide if Hyster Yale is priced fairly, providing market reflects its last-minute price of 30.15 per share. Given that Hyster Yale Materials has jensen alpha of (0.16), we strongly advise you to confirm Hyster Yale Materials's regular market performance to make sure the company can sustain itself at a future point.
  

Hyster Yale Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hyster, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hyster
Hyster Yale's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Hyster Yale Analyst Consensus

Target PriceAdvice# of Analysts
38.0Hold1Odds
Hyster Yale Materials current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Hyster analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hyster stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hyster Yale Materials, talking to its executives and customers, or listening to Hyster conference calls.
Hyster Analyst Advice Details
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...

Hyster Yale Materials Technical Analysis

Indicator
Time Period
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The output start index for this execution was five with a total number of output elements of fifty-six. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hyster Yale Materials volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Hyster Yale Materials Trend Analysis

Use this graph to draw trend lines for Hyster Yale Materials. You can use it to identify possible trend reversals for Hyster Yale as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hyster Yale price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hyster Yale Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hyster Yale Materials applied against its price change over selected period. The best fit line has a slop of   0.07  , which suggests that Hyster Yale Materials will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 192.72, which is the sum of squared deviations for the predicted Hyster Yale price change compared to its average price change.

About Hyster Yale Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Hyster Yale Materials on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Hyster Yale Materials based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hyster Yale Materials price pattern first instead of the macroeconomic environment surrounding Hyster Yale Materials. By analyzing Hyster Yale's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hyster Yale's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hyster Yale specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2021 2022 (projected)
Long Term Debt to Equity0.330.730.79
Interest Coverage3.644.194.3

Hyster Yale November 27, 2022 Technical Indicators

Most technical analysis of Hyster help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hyster from various momentum indicators to cycle indicators. When you analyze Hyster charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Hyster Yale November 27, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Hyster stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please check Risk vs Return Analysis. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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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.
Quarterly Earnings Growth YOY
(0.48) 
Market Capitalization
523.9 M
Quarterly Revenue Growth YOY
0.12
Return On Assets
(0.0378) 
Return On Equity
(62.70) 
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.