Hecla Mining Stock Probability of Future Stock Price Finishing Over 9.0

HL Stock  USD 4.81  0.32  7.13%   
Hecla Mining's implied volatility is one of the determining factors in the pricing options written on Hecla Mining. Implied volatility approximates the future value of Hecla Mining based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Hecla Mining over a specific time period. For example, 2024-04-05 CALL at $5.0 is a CALL option contract on Hecla Mining's common stock with a strick price of 5.0 expiring on 2024-04-05. The contract was last traded on 2024-03-28 at 15:56:55 for $0.08 and, as of today, has 7 days remaining before the expiration. The option is currently trading at a bid price of $0.07, and an ask price of $0.3. The implied volatility as of the 29th of March is 57.41. View All Hecla options

Closest to current price Hecla long CALL Option Payoff at Expiration

Hecla Mining's future price is the expected price of Hecla Mining 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 Hecla Mining performance during a given time horizon utilizing its historical volatility. Check out Hecla Mining Backtesting, Hecla Mining Valuation, Hecla Mining Correlation, Hecla Mining Hype Analysis, Hecla Mining Volatility, Hecla Mining History as well as Hecla Mining Performance.
For more information on how to buy Hecla Stock please use our How to buy in Hecla Stock guide.
  
At this time, Hecla Mining's Price Book Value Ratio is quite stable compared to the past year. Price To Book Ratio is expected to rise to 2.16 this year, although the value of Price To Sales Ratio will most likely fall to 2.64. Please specify Hecla Mining's target price for which you would like Hecla Mining odds to be computed.

Hecla Mining Target Price Odds to finish over 9.0

The tendency of Hecla 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 over $ 9.00  or more in 90 days
 4.81 90 days 9.00 
close to zero percent
Based on a normal probability distribution, the odds of Hecla Mining to move over $ 9.00  or more in 90 days from now is close to zero percent (This Hecla Mining probability density function shows the probability of Hecla Stock to fall within a particular range of prices over 90 days) . Probability of Hecla Mining price to stay between its current price of $ 4.81  and $ 9.00  at the end of the 90-day period is under 4.
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 3.93 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hecla Mining will likely underperform. Additionally Hecla Mining has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Hecla Mining Price Density   
       Price  

Predictive Modules for Hecla Mining

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hecla Mining. Regardless of method or technology, however, to accurately forecast the stock 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, anticipate that the market will even out over time. This tendency of Hecla Mining'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.
Hype
Prediction
LowEstimatedHigh
1.364.818.26
Details
Intrinsic
Valuation
LowRealHigh
0.373.827.27
Details
Naive
Forecast
LowNextHigh
0.894.357.80
Details
10 Analysts
Consensus
LowTargetHigh
5.606.156.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hecla Mining. Your research has to be compared to or analyzed against Hecla Mining's peers to derive any actionable benefits. When done correctly, Hecla Mining's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hecla Mining.

Hecla Mining Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Hecla Mining is not an exception. The market had few large corrections towards the Hecla Mining'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 Hecla Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hecla Mining within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.49
β
Beta against NYSE Composite3.93
σ
Overall volatility
0.42
Ir
Information ratio -0.04

Hecla Mining 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 Hecla Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hecla Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Hecla Mining had very high historical volatility over the last 90 days
The company generated the yearly revenue of 720.23 M. Annual Net Loss to common stockholders was (84.22 M) with gross profit of 260.09 M.
About 63.0% of the company shares are owned by institutional investors
On 25th of March 2024 Hecla Mining paid $ 0.0063 per share dividend to its current shareholders
Latest headline from businesswire.com: Disposition of 21318 shares by Aguiar Rodriguez Carlos Roberto of Hecla Mining subject to Rule 16b-3

Hecla Mining 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 Hecla Stock often depends not only on the future outlook of the current and potential Hecla Mining'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. Hecla Mining's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding605.7 M
Cash And Short Term Investments106.4 M

Hecla Mining Technical Analysis

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

Hecla Mining Predictive Forecast Models

Hecla Mining's time-series forecasting models is one of many Hecla Mining's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Hecla Mining'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 Hecla Mining

Checking the ongoing alerts about Hecla Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hecla Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Hecla Mining had very high historical volatility over the last 90 days
The company generated the yearly revenue of 720.23 M. Annual Net Loss to common stockholders was (84.22 M) with gross profit of 260.09 M.
About 63.0% of the company shares are owned by institutional investors
On 25th of March 2024 Hecla Mining paid $ 0.0063 per share dividend to its current shareholders
Latest headline from businesswire.com: Disposition of 21318 shares by Aguiar Rodriguez Carlos Roberto of Hecla Mining subject to Rule 16b-3
When determining whether Hecla Mining is a strong investment it is important to analyze Hecla Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hecla Mining's future performance. For an informed investment choice regarding Hecla Stock, refer to the following important reports:

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When running Hecla Mining's price analysis, check to measure Hecla Mining'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 Hecla Mining is operating at the current time. Most of Hecla Mining's value examination focuses on studying past and present price action to predict the probability of Hecla Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hecla Mining's price. Additionally, you may evaluate how the addition of Hecla Mining to your portfolios can decrease your overall portfolio volatility.
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Is Hecla Mining'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 Hecla Mining. If investors know Hecla 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 Hecla Mining 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
(0.81)
Dividend Share
0.025
Earnings Share
(0.14)
Revenue Per Share
1.189
Quarterly Revenue Growth
(0.17)
The market value of Hecla Mining is measured differently than its book value, which is the value of Hecla that is recorded on the company's balance sheet. Investors also form their own opinion of Hecla Mining's value that differs from its market value or its book value, called intrinsic value, which is Hecla Mining'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 Hecla Mining's market value can be influenced by many factors that don't directly affect Hecla Mining'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 Hecla Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hecla Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hecla Mining'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.