Hanesbrands Stock Probability of Future Stock Price Finishing Over 24.179875
| HBI Stock | USD 4.55 0.10 2.15% |
Closest to current price Hanesbrands long CALL Option Payoff at Expiration
Hanesbrands |
Hanesbrands Target Price Odds to finish over 24.179875
The tendency of Hanesbrands 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 move over $ 24.18 or more in 90 days |
| 4.55 | 90 days | 24.18 | close to zero percent |
Based on a normal probability distribution, the odds of Hanesbrands to move over $ 24.18 or more in 90 days from now is close to zero percent (This Hanesbrands probability density function shows the probability of Hanesbrands Stock to fall within a particular range of prices over 90 days) . Probability of Hanesbrands price to stay between its current price of $ 4.55 and $ 24.18 at the end of the 90-day period is about 79.56 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.25 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hanesbrands will likely underperform. Additionally Hanesbrands has an alpha of 0.0822, implying that it can generate a 0.0822 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Hanesbrands Price Density |
| Price |
Predictive Modules for Hanesbrands
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hanesbrands. Regardless of method or technology, however, to accurately forecast the stock 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, anticipate that the market will even out over time. This tendency of Hanesbrands' 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.
Hanesbrands Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hanesbrands is not an exception. The market had few large corrections towards the Hanesbrands' 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 Hanesbrands, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hanesbrands within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.08 | |
β | Beta against NYSE Composite | 2.25 | |
σ | Overall volatility | 0.46 | |
Ir | Information ratio | 0.05 |
Hanesbrands 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 Hanesbrands for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hanesbrands can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hanesbrands had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 5.64 B. Reported Net Loss for the year was (17.73 M) with profit before taxes, overhead, and interest of 2.25 B. | |
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: Disposition of 1286 shares by Joseph Cavaliere of Hanesbrands subject to Rule 16b-3 |
Hanesbrands 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 Hanesbrands Stock often depends not only on the future outlook of the current and potential Hanesbrands' 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. Hanesbrands' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 350.6 M | |
| Cash And Short Term Investments | 205.5 M |
Hanesbrands Technical Analysis
Hanesbrands' future price can be derived by breaking down and analyzing its technical indicators over time. Hanesbrands Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hanesbrands. In general, you should focus on analyzing Hanesbrands Stock price patterns and their correlations with different microeconomic environments and drivers.
Hanesbrands Predictive Forecast Models
Hanesbrands' time-series forecasting models is one of many Hanesbrands' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Hanesbrands' 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 Hanesbrands
Checking the ongoing alerts about Hanesbrands for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hanesbrands help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hanesbrands had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 5.64 B. Reported Net Loss for the year was (17.73 M) with profit before taxes, overhead, and interest of 2.25 B. | |
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: Disposition of 1286 shares by Joseph Cavaliere of Hanesbrands subject to Rule 16b-3 |
Check out Hanesbrands Backtesting, Hanesbrands Valuation, Hanesbrands Correlation, Hanesbrands Hype Analysis, Hanesbrands Volatility, Hanesbrands History as well as Hanesbrands Performance. For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.Note that the Hanesbrands information on this page should be used as a complementary analysis to other Hanesbrands' 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Hanesbrands Stock analysis
When running Hanesbrands' price analysis, check to measure Hanesbrands' 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 Hanesbrands is operating at the current time. Most of Hanesbrands' value examination focuses on studying past and present price action to predict the probability of Hanesbrands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanesbrands' price. Additionally, you may evaluate how the addition of Hanesbrands to your portfolios can decrease your overall portfolio volatility.
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Is Hanesbrands' 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 Hanesbrands. If investors know Hanesbrands 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 Hanesbrands 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 (0.47) | Earnings Share (0.05) | Revenue Per Share 16.077 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0374 |
The market value of Hanesbrands is measured differently than its book value, which is the value of Hanesbrands that is recorded on the company's balance sheet. Investors also form their own opinion of Hanesbrands' value that differs from its market value or its book value, called intrinsic value, which is Hanesbrands' 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 Hanesbrands' market value can be influenced by many factors that don't directly affect Hanesbrands' 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 Hanesbrands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanesbrands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanesbrands' 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.