Hyster Yale Stock Forecast - Day Typical Price
| HY Stock | USD 58.68 0.64 1.08% |
Hyster Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hyster Yale stock prices and determine the direction of Hyster Yale Materials Handling's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hyster Yale's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Hyster Yale's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Hyster Yale's systematic risk associated with finding meaningful patterns of Hyster Yale fundamentals over time.
Check out Historical Fundamental Analysis of Hyster Yale to cross-verify your projections. Hyster |
Open Interest Against 2024-04-19 Hyster Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Hyster Yale's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Hyster Yale's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Hyster Yale stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Hyster Yale's open interest, investors have to compare it to Hyster Yale's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Hyster Yale is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Hyster. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Hyster Yale 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 Hyster Yale's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Hyster Yale's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 59.78 | 59.09 |
| Check Hyster Yale Volatility | Backtest Hyster Yale | Information Ratio |
Hyster Yale Trading Date Momentum
| On April 18 2024 Hyster Yale Materials Handling was traded for 58.68 at the closing time. The highest price during the trading period was 60.19 and the lowest recorded bid was listed for 58.41 . The volume for the day was 92.3 K. This history from April 18, 2024 did not cause price change. The trading delta at closing time to the current price is 1.23% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Hyster Yale to competition |
Other Forecasting Options for Hyster Yale
For every potential investor in Hyster, whether a beginner or expert, Hyster Yale's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hyster Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hyster. Basic forecasting techniques help filter out the noise by identifying Hyster Yale's price trends.Hyster Yale 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 Hyster Yale stock to make a market-neutral strategy. Peer analysis of Hyster Yale could also be used in its relative valuation, which is a method of valuing Hyster Yale by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hyster Yale Materials 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 Hyster Yale's 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 Hyster Yale's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Hyster Yale Market Strength Events
Market strength indicators help investors to evaluate how Hyster Yale stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hyster Yale shares will generate the highest return on investment. By undertsting and applying Hyster Yale stock market strength indicators, traders can identify Hyster Yale Materials Handling entry and exit signals to maximize returns.
| Accumulation Distribution | 2730.74 | |||
| Daily Balance Of Power | (0.36) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 59.3 | |||
| Day Typical Price | 59.09 | |||
| Price Action Indicator | (0.94) | |||
| Period Momentum Indicator | (0.64) | |||
| Relative Strength Index | 94.72 |
Hyster Yale Risk Indicators
The analysis of Hyster Yale's 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 Hyster Yale's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hyster 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.
| Mean Deviation | 2.2 | |||
| Standard Deviation | 3.36 | |||
| Variance | 11.31 |
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 Hyster Yale 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, Hyster Yale's short interest history, or implied volatility extrapolated from Hyster Yale options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Hyster Yale to cross-verify your projections. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Hyster Stock analysis
When running Hyster Yale's 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 the 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 2.183 | Dividend Share 1.298 | Earnings Share 7.24 | Revenue Per Share 240.316 | Quarterly Revenue Growth 0.043 |
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 if Hyster Yale is a good investment 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.