Freightcar America holds a
performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.6842, which means possible diversification benefits within a given portfolio. Let's try to break down what Freightcar's beta means in this case. As returns on the market increase, Freightcar America returns are expected to increase less than the market. However, during the bear market, the loss on holding Freightcar America will be expected to be smaller as well. Although it is vital to follow
Freightcar America historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. Our philosophy towards predicting
future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and
technical indicators. To evaluate if Freightcar America expected return of 1.25 will be sustainable into the future, we have found twenty-seven different
technical indicators, which can help you to check if the expected returns are sustainable. Use Freightcar America
jensen alpha,
semi variance,
day typical price, as well as the
relationship between the
maximum drawdown and
accumulation distribution to analyze future returns on Freightcar America.
The successful prediction of Freightcar America
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Freightcar America, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Freightcar America based on Freightcar America hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Freightcar America's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Freightcar America's related companies.
Use Technical Analysis to project Freightcar expected Price
Freightcar America 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.
A focus of Freightcar America technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Freightcar America trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Freightcar America Gross Profit
Freightcar America Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Freightcar America 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 Freightcar America Gross Profit growth over the last 10 years. Please check Freightcar America's
gross profit and other
fundamental indicators for more details.
Breaking down the case for Freightcar America
The new price hike of Freightcar America created some momentum for stakeholders as it was traded today as low as
2.2 and as high as
3.28 per share. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in
December. The stock standard deviation of daily returns for 30 days investing horizon is currently 8.04. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Freightcar America partners.
| 2019 | 2020 (projected) |
Long Term Debt to Equity | 0.0783 | 0.0778 | Interest Coverage | 8.12 | 8.33 |
Deferred Revenue Breakdown
Freightcar America Deferred Revenue yearly trend continues to be relatively stable with very little volatility. Deferred Revenue may rise above about 12.9
M this year. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. Freightcar America Deferred Revenue is relatively stable at the moment as compared to the past year. The company's current value of Deferred Revenue is estimated at 12.86 Million
| 2010 | 5.22 Million |
| 2011 | 43.98 Million |
| 2015 | 20.8 Million |
| 2016 | 11.75 Million |
| 2019 | 10.58 Million |
| 2020 | 12.86 Million |
Our take on today Freightcar America hike
New Sortino Ratio is up to 0.06. Price may pull down again. Freightcar America is displaying above-average volatility over the selected time horizon. Investors should scrutinize Freightcar America independently to ensure intended market timing strategies are aligned with expectations about Freightcar America volatility.
Our Takeaway on Freightcar America Investment
While other companies under the railroads industry are still a bit expensive, Freightcar America may offer a potential longer-term growth to stakeholders. While some stakeholders may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. 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 Freightcar America.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
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 Raphi Shpitalnik do not own shares of Freightcar America. Please refer to our
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