HKS HOTELS bad news are not so bad
|By Ellen Johnson|
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This report is for traders who are contemplating to exit HKS HOTELS. I will concentrate on why it could still be a good year for HKS HOTELS traders. HKS HOTELS current daily volatility is 1.34 percent, with beta of 0.58 and alpha of -0.25 over S&P 500. What is HKS HOTELS Target Price Odds to finish over Current Price? Coming from normal probability distribution, the odds of HKS HOTELS to move above current price in 30 days from now is close to 99%. The HKS HOTELS probability density function shows the probability of HKS HOTELS Stock to fall within a particular range of prices over 30 days . Assuming 30 trading days horizon, HKS HOTELS has beta of 0.5788 . This suggests as returns on market go up, HKS HOTELS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding HKS HOTELS will be expected to be much smaller as well. Additionally, the company has a negative alpha implying that the risk taken by holding this equity is not justified. HKS HOTELS is significantly underperforming S&P 500.
This firm has accumulated 7.1B in total debt with debt to equity ratio (D/E) of 17.9 indicating HKS HOTELS may have difficulties to generate enough cash to satisfy its financial obligations. The firm dividends can provide a clue to current valuation of the stock. The entity one year expected dividend income is about 0.14 per share.
The recent HKS HOTELS price drops could raise concerns from investors as the corporation closed today at a share price of 9.41 on 225500.000 in volume. The company executives were unable to exploit market volatilities in July. However, diversifying your overall positions with HKS HOTELS can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 30 days (very short) investing horizon is currently 1.3366. The below-average Stock volatility is a good sign for a longer term investment options and for buy-and-hold investors. HKS HOTELS retains market capitalization of 16.95b. HKS HOTELS is selling for under 9.41. That is 1.77 percent down. Started trading at 9.41.
On the whole, our ongoing buy or sell advice on the organization is Strong Hold. We believe HKS HOTELS is fairly valued with below average probability of distress for the next two years.
HKS HOTELS Debt to Cash Allocation
The company has accumulated 7.1B in total debt with debt to equity ratio (D/E) of 17.9 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. HKS HOTELS has Current Ratio of 1.07 suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due.
|Ellen Johnson is a Member of Macroaxs Editorial Board. Ellen covers public companies in North America focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile|
|This story from Macroaxis reported on August 12, 2019 contributed to the next trading day price decline.The daily price change to the next closing price was 0.44% . The trading delta at closing time when the story was published to the current price is 4.40% .|