Haverty Furniture Companies Stock Probability of Future Stock Price Finishing Over 17.33

HVT Stock  USD 33.06  0.81  2.51%   
Haverty Furniture's implied volatility is one of the determining factors in the pricing options written on Haverty Furniture Companies. Implied volatility approximates the future value of Haverty Furniture 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 Haverty Furniture Companies over a specific time period. For example, 2024-04-19 CALL at $35.0 is a CALL option contract on Haverty Furniture's common stock with a strick price of 35.0 expiring on 2024-04-19. The contract was last traded on 2024-03-19 at 14:04:36 for $0.2 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $0.05, and an ask price of $1.95. The implied volatility as of the 28th of March is 53.95. View All Haverty options

Closest to current price Haverty long CALL Option Payoff at Expiration

Haverty Furniture's future price is the expected price of Haverty Furniture 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 Haverty Furniture Companies performance during a given time horizon utilizing its historical volatility. Check out Haverty Furniture Backtesting, Haverty Furniture Valuation, Haverty Furniture Correlation, Haverty Furniture Hype Analysis, Haverty Furniture Volatility, Haverty Furniture History as well as Haverty Furniture Performance.
  
At this time, Haverty Furniture's Price Earnings Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 6.43 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.36). Please specify Haverty Furniture's target price for which you would like Haverty Furniture odds to be computed.

Haverty Furniture Target Price Odds to finish over 17.33

The tendency of Haverty 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 stay above $ 17.33  in 90 days
 33.06 90 days 17.33 
close to 99
Based on a normal probability distribution, the odds of Haverty Furniture to stay above $ 17.33  in 90 days from now is close to 99 (This Haverty Furniture Companies probability density function shows the probability of Haverty Stock to fall within a particular range of prices over 90 days) . Probability of Haverty Furniture price to stay between $ 17.33  and its current price of $33.06 at the end of the 90-day period is about 24.86 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.62 . 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, Haverty Furniture will likely underperform. Additionally Haverty Furniture Companies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Haverty Furniture Price Density   
       Price  

Predictive Modules for Haverty Furniture

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Haverty Furniture. 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 Haverty Furniture'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
30.8833.0435.20
Details
Intrinsic
Valuation
LowRealHigh
29.7536.6638.82
Details
Naive
Forecast
LowNextHigh
31.5733.7335.89
Details
1 Analysts
Consensus
LowTargetHigh
36.4040.0044.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Haverty Furniture. Your research has to be compared to or analyzed against Haverty Furniture's peers to derive any actionable benefits. When done correctly, Haverty Furniture'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 Haverty Furniture.

Haverty Furniture Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Haverty Furniture is not an exception. The market had few large corrections towards the Haverty Furniture'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 Haverty Furniture Companies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Haverty Furniture within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.28
β
Beta against NYSE Composite1.62
σ
Overall volatility
1.24
Ir
Information ratio -0.09

Haverty Furniture 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 Haverty Furniture for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Haverty Furniture can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Haverty Furniture generated a negative expected return over the last 90 days
Haverty Furniture is unlikely to experience financial distress in the next 2 years
Over 91.0% of the company shares are owned by institutional investors
On 26th of March 2024 Haverty Furniture paid $ 0.3 per share dividend to its current shareholders
Latest headline from news.google.com: Exchange Traded Concepts LLC Makes New Investment in Haverty Furniture Companies, Inc. - Defense World

Haverty Furniture 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 Haverty Stock often depends not only on the future outlook of the current and potential Haverty Furniture'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. Haverty Furniture's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding16.8 M
Cash And Short Term Investments127.8 M

Haverty Furniture Technical Analysis

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

Haverty Furniture Predictive Forecast Models

Haverty Furniture's time-series forecasting models is one of many Haverty Furniture'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 Haverty Furniture'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 Haverty Furniture

Checking the ongoing alerts about Haverty Furniture for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Haverty Furniture help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Haverty Furniture generated a negative expected return over the last 90 days
Haverty Furniture is unlikely to experience financial distress in the next 2 years
Over 91.0% of the company shares are owned by institutional investors
On 26th of March 2024 Haverty Furniture paid $ 0.3 per share dividend to its current shareholders
Latest headline from news.google.com: Exchange Traded Concepts LLC Makes New Investment in Haverty Furniture Companies, Inc. - Defense World
When determining whether Haverty Furniture is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Haverty Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Haverty Furniture Companies Stock. Highlighted below are key reports to facilitate an investment decision about Haverty Furniture Companies Stock:

Complementary Tools for Haverty Stock analysis

When running Haverty Furniture's price analysis, check to measure Haverty Furniture'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 Haverty Furniture is operating at the current time. Most of Haverty Furniture's value examination focuses on studying past and present price action to predict the probability of Haverty Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haverty Furniture's price. Additionally, you may evaluate how the addition of Haverty Furniture to your portfolios can decrease your overall portfolio volatility.
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Is Haverty Furniture'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 Haverty Furniture. If investors know Haverty 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 Haverty Furniture 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
(0.36)
Dividend Share
1.18
Earnings Share
3.36
Revenue Per Share
52.989
Quarterly Revenue Growth
(0.25)
The market value of Haverty Furniture is measured differently than its book value, which is the value of Haverty that is recorded on the company's balance sheet. Investors also form their own opinion of Haverty Furniture's value that differs from its market value or its book value, called intrinsic value, which is Haverty Furniture'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 Haverty Furniture's market value can be influenced by many factors that don't directly affect Haverty Furniture'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 Haverty Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haverty Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haverty Furniture'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.