Highway Stock Probability of Future Stock Price Finishing Under 0.11

HIHO Stock

USD 2.13 0.03 1.43%

Highway Holdings' future price is the expected price of Highway Holdings 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 Highway Holdings Limited performance during a given time horizon utilizing its historical volatility. As of 21st of March 2023, Price to Earnings Ratio is likely to grow to 24.89, while Price to Book Value is likely to drop 1.38.

Highway Holdings Target Price Odds to finish below 0.11

The tendency of Highway 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 Price	Horizon	Target Price	Odds to drop to $ 0.11 or more in 90 days
2.13	90 days	0.11	near 1

Based on a normal probability distribution, the odds of Highway Holdings to drop to $ 0.11 or more in 90 days from now is near 1 (This Highway Holdings Limited probability density function shows the probability of Highway Stock to fall within a particular range of prices over 90 days) . Probability of Highway Holdings price to stay between $ 0.11 and its current price of $2.13 at the end of the 90-day period is about 17.91 .

Given the investment horizon of 90 days Highway Holdings has a beta of 0.68. This usually indicates as returns on the market go up, Highway Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Highway Holdings Limited will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Highway Holdings is significantly underperforming NYSE Composite.

Highway Holdings Price Density

Price

Predictive Modules for Highway Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Highway Holdings. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Highway Holdings' 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. Please use the tools below to analyze the current value of Highway Holdings in the context of predictive analytics.

Hype

Prediction

Low	Estimated Value	High
0.11	2.12	4.53

Details

Intrinsic

Valuation

Low	Real Value	High
0.11	2.16	4.57

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Highway Holdings. Your research has to be compared to or analyzed against Highway Holdings' peers to derive any actionable benefits. When done correctly, Highway Holdings' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Highway Holdings.

Highway Holdings Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Highway Holdings is not an exception. The market had few large corrections towards the Highway Holdings' 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 Highway Holdings Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Highway Holdings within the framework of very fundamental risk indicators.

α	Alpha over NYSE Composite	-0.06	Details
β	Beta against NYSE Composite	0.68	Details
σ	Overall volatility	0.12	Details
Ir	Information ratio	-0.01	Details

Highway Holdings 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 Highway Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Highway Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.

	Highway Holdings generated a negative expected return over the last 90 days
	Highway Holdings Limited currently holds about 6.01 M in cash with (164 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.48.
	Highway Holdings has a poor financial position based on the latest SEC disclosures
	Roughly 40.0% of the company shares are held by company insiders
	Latest headline from finance.yahoo.com: Is Highway Holdings Limiteds Stock On A Downtrend As A Result Of Its Poor Financials

Highway Holdings 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 Highway Stock often depends not only on the future outlook of the current and potential Highway Holdings' 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. Highway Holdings' indicators that are reflective of the short sentiment are summarized in the table below.

	Common Stock Shares Outstanding	4.2 M
	Cash And Short Term Investments	7.1 M

Highway Holdings Technical Analysis

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

	Cycle Indicators
	Math Operators
	Math Transform
	Momentum Indicators
	Overlap Studies
	Pattern Recognition
	Price Transform
	Statistic Functions
	Volatility Indicators
	Volume Indicators

Highway Holdings Predictive Forecast Models

Highway Holdings time-series forecasting models is one of many Highway Holdings' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Highway Holdings' 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 Highway Holdings

Checking the ongoing alerts about Highway Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Highway Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

	Highway Holdings generated a negative expected return over the last 90 days
	Highway Holdings Limited currently holds about 6.01 M in cash with (164 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.48.
	Highway Holdings has a poor financial position based on the latest SEC disclosures
	Roughly 40.0% of the company shares are held by company insiders
	Latest headline from finance.yahoo.com: Is Highway Holdings Limiteds Stock On A Downtrend As A Result Of Its Poor Financials

Please check Highway Holdings Backtesting, Highway Holdings Valuation, Highway Holdings Correlation, Highway Holdings Hype Analysis, Highway Holdings Volatility, Highway Holdings History as well as Highway Holdings Performance. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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 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

(0.83)

Dividend Share

0.25

Earnings Share

0.11

Revenue Per Share

2.85

Quarterly Revenue Growth

(0.14)

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 Highway Holdings value 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.

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	Naive Prediction
	Simple Exponential Smoothing
	Double Exponential Smoothing
	Triple Exponential Smoothing
	Simple Regression
	Polynomial Regression
	Simple Moving Average
	4 Period Moving Average
	8 Period Moving Average
	20 Period Moving Average

Highway Stock Probability of Future Stock Price Finishing Under 0.11

Highway Holdings Target Price Odds to finish below 0.11

Predictive Modules for Highway Holdings

Highway Holdings Risk Indicators

Highway Holdings Alerts and Suggestions

Highway Holdings Price Density Drivers

Highway Holdings Technical Analysis

Highway Holdings Predictive Forecast Models

Things to note about Highway Holdings

Complementary Tools for Highway Stock analysis

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