Highway Holdings Stock Forecast - Price Action Indicator

HIHO Stock  USD 2.25  0.10  4.65%   
Highway Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Highway Holdings stock prices and determine the direction of Highway Holdings Limited's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Highway Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Highway Holdings' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Highway Holdings' systematic risk associated with finding meaningful patterns of Highway Holdings fundamentals over time.
Check out Historical Fundamental Analysis of Highway Holdings to cross-verify your projections.
  
At this time, Highway Holdings' Payables Turnover is very stable compared to the past year. As of the 19th of April 2024, Receivables Turnover is likely to grow to 7.63, while Inventory Turnover is likely to drop 4.02. . As of the 19th of April 2024, Net Income Applicable To Common Shares is likely to grow to about 474.9 K, while Common Stock Shares Outstanding is likely to drop about 3.9 M.
Highway Holdings Limited has current Price Action Indicator of 0.11.
Most investors in Highway Holdings cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Highway Holdings' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Highway Holdings' price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check Highway Holdings VolatilityBacktest Highway HoldingsInformation Ratio  

Highway Holdings Trading Date Momentum

On April 18 2024 Highway Holdings Limited was traded for  2.25  at the closing time. The top price for the day was 2.25  and the lowest listed price was  2.13 . The trading volume for the day was 2.3 K. The trading history from April 18, 2024 did not cause price change. The trading delta at closing time against the current closing price is 4.44% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Highway Holdings

For every potential investor in Highway, whether a beginner or expert, Highway Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Highway Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Highway. Basic forecasting techniques help filter out the noise by identifying Highway Holdings' price trends.

Highway Holdings Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Highway Holdings stock to make a market-neutral strategy. Peer analysis of Highway Holdings could also be used in its relative valuation, which is a method of valuing Highway Holdings by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Highway Holdings Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Highway Holdings' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Highway Holdings' current price.

Highway Holdings Market Strength Events

Market strength indicators help investors to evaluate how Highway Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Highway Holdings shares will generate the highest return on investment. By undertsting and applying Highway Holdings stock market strength indicators, traders can identify Highway Holdings Limited entry and exit signals to maximize returns.

Highway Holdings Risk Indicators

The analysis of Highway Holdings' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Highway Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting highway stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Highway Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Highway Holdings' short interest history, or implied volatility extrapolated from Highway Holdings options trading.

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When determining whether Highway Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Highway Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Highway Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Highway Holdings Limited Stock:
Check out Historical Fundamental Analysis of Highway Holdings to cross-verify your projections.
Note that the Highway Holdings information on this page should be used as a complementary analysis to other Highway Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Highway Stock analysis

When running Highway Holdings' price analysis, check to measure Highway Holdings' 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 Highway Holdings is operating at the current time. Most of Highway Holdings' value examination focuses on studying past and present price action to predict the probability of Highway Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highway Holdings' price. Additionally, you may evaluate how the addition of Highway Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Highway Holdings' 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 Highway Holdings. If investors know Highway 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 Highway Holdings 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
5.885
Dividend Share
0.2
Earnings Share
(0.23)
Revenue Per Share
1.987
Quarterly Revenue Growth
0.603
The market value of Highway Holdings is measured differently than its book value, which is the value of Highway that is recorded on the company's balance sheet. Investors also form their own opinion of Highway Holdings' value that differs from its market value or its book value, called intrinsic value, which is Highway Holdings' 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 Highway Holdings' market value can be influenced by many factors that don't directly affect Highway Holdings' 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 Highway Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highway Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highway Holdings' 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.