The company's average rating is Strong Buy from 2 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Hon Industries market sentiment investors' perception of the future value of Hon Industries. Let us look at a few aspects of Hon Industries technical analysis. About
78.0% of the company shares are owned by institutional investors. The book value of Hon Industries was currently reported as 14.31. Hon Industries has Price/Earnings To Growth (PEG) ratio of 1.75. The entity next dividend is scheduled to be issued on the 20th of May 2021. The firm had
2:1 split on the 30th of March 1998.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of HNI Corp. In general, sophisticated investors focus on analyzing HNI Corp stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build HNI Corp's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of
HNI Corp's intrinsic value. In addition to deriving basic predictive indicators for HNI Corp, many experienced traders also check how macroeconomic factors affect HNI Corp price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed
many market ups and downs, anticipate that the market will even out over time. This tendency of HNI Corp'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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HNI Corp. Your research has to be compared to or analyzed against HNI Corp's peers to derive any actionable benefits. When done correctly, HNI Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in HNI Corp.
How does HNI Stands against Peers?
Analyzing HNI Corp competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to HNI Corp across multiple sectors and
thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out
HNI Corp Competition DetailsHNI Corp Gross Profit
HNI Corp Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing HNI Corp previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show HNI Corp Gross Profit growth over the last 10 years. Please check HNI Corp's
gross profit and other
fundamental indicators for more details.
Closer look at Hon Industries Semi Variance
Hon Industries has current Semi Variance of 2.38. Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level.
Semi-variance is the square of semi-deviation. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
Semi Variance | = | SUM(RET DEV)2 N(ZERO) |
| = | 2.38 |
SUM | = | Summation notation |
RET DEV | = | Actual return deviation over selected period |
N(ZERO) | = | Number of points with returns less than zero |
Let's now compare Hon Industries Semi Variance to its closest peers:
| HNI | 2.3827421393699653 |
| ACCO | 2.94 |
| AVY | 1.06 |
| AAWW | 2.39 |
| ACA | 2.56 |
Hon Industries showing occurrence of lower volatility
The semi variance is down to 2.38 as of today. Hon Industries has relatively low volatility with skewness of -0.11 and kurtosis of -0.53. However, we advise all investors to independently investigate Hon Industries to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hon Industries' stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hon Industries' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
The Bottom Line
When is the right time to buy or sell Hon Industries? Buying stocks such as Hon Industries isn't very hard. However, what challenging for most investors is doing it at the right time. Proper
market timing is something most people cannot do without
sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily basis.
While some stockholders may not share our view, we believe it may be a good time to increase your existing holdings in Hon Industries as the risk-reward trade off is appealing enough to hold a position. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Hon Industries.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of HNI Corp. Please refer to our
Terms of Use for any information regarding our disclosure principles.
Would you like to provide feedback on the content of this article?
You can get in touch with us directly or send us a quick note via email to
editors@macroaxis.com