Hexcel Stock Market Value
| HXL Stock | USD 63.24 0.33 0.52% |
| Symbol | Hexcel |
Hexcel Price To Book Ratio
Is Hexcel'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 Hexcel. If investors know Hexcel 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 Hexcel 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 (0.14) | Dividend Share 0.5 | Earnings Share 1.17 | Revenue Per Share 21.363 | Quarterly Revenue Growth 0.032 |
The market value of Hexcel is measured differently than its book value, which is the value of Hexcel that is recorded on the company's balance sheet. Investors also form their own opinion of Hexcel's value that differs from its market value or its book value, called intrinsic value, which is Hexcel'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 Hexcel's market value can be influenced by many factors that don't directly affect Hexcel'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 Hexcel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hexcel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hexcel'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.
Hexcel 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hexcel's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hexcel.
| 05/06/2022 |
| 04/25/2024 |
If you would invest 0.00 in Hexcel on May 6, 2022 and sell it all today you would earn a total of 0.00 from holding Hexcel or generate 0.0% return on investment in Hexcel over 720 days. Hexcel is related to or competes with Ducommun Incorporated, Mercury Systems, Woodward, AAR Corp, Curtiss Wright, Kaman, and Moog. Hexcel Corporation, together with its subsidiaries, develops, manufactures, and markets structural materials for use in ... More
Hexcel Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hexcel's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Hexcel upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 15.71 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.06 |
Hexcel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hexcel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hexcel's standard deviation. In reality, there are many statistical measures that can use Hexcel historical prices to predict the future Hexcel's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hexcel'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.
Hexcel Backtested Returns
Hexcel holds Efficiency (Sharpe) Ratio of -0.033, which attests that the entity had a -0.033% return per unit of risk over the last 3 months. Hexcel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hexcel's Risk Adjusted Performance of (0.03), market risk adjusted performance of (0.1), and Standard Deviation of 2.25 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.4, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hexcel will likely underperform. Hexcel has an expected return of -0.0673%. Please make sure to check out Hexcel value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Hexcel performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.01 |
Virtually no predictability
Hexcel has virtually no predictability. Overlapping area represents the amount of predictability between Hexcel time series from 6th of May 2022 to 1st of May 2023 and 1st of May 2023 to 25th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hexcel price movement. The serial correlation of 0.01 indicates that just 1.0% of current Hexcel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 15.18 |
Hexcel lagged returns against current returns
Autocorrelation, which is Hexcel stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Hexcel's stock expected returns. We can calculate the autocorrelation of Hexcel returns to help us make a trade decision. For example, suppose you find that Hexcel has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Hexcel regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Hexcel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hexcel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hexcel stock over time.
Current vs Lagged Prices |
| Timeline |
Hexcel Lagged Returns
When evaluating Hexcel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hexcel stock have on its future price. Hexcel autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Hexcel autocorrelation shows the relationship between Hexcel stock current value and its past values and can show if there is a momentum factor associated with investing in Hexcel.
Regressed Prices |
| Timeline |
Hexcel Investors Sentiment
The influence of Hexcel's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hexcel. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hexcel's public news can be used to forecast risks associated with an investment in Hexcel. The trend in average sentiment can be used to explain how an investor holding Hexcel can time the market purely based on public headlines and social activities around Hexcel. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hexcel's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hexcel's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hexcel's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hexcel.
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 Hexcel 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, Hexcel's short interest history, or implied volatility extrapolated from Hexcel options trading.
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Complementary Tools for Hexcel Stock analysis
When running Hexcel's price analysis, check to measure Hexcel'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 Hexcel is operating at the current time. Most of Hexcel's value examination focuses on studying past and present price action to predict the probability of Hexcel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hexcel's price. Additionally, you may evaluate how the addition of Hexcel to your portfolios can decrease your overall portfolio volatility.
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Hexcel technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.