Hyster Yale Materials Handling Stock Price Prediction

HY Stock  USD 62.93  2.53  4.19%   
At this time, the relative strength index (RSI) of Hyster Yale's share price is approaching 37. This usually indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Hyster Yale, making its price go up or down.

Oversold Vs Overbought

37

 
Oversold
 
Overbought
Hyster-Yale Materials stock price prediction is an act of determining the future value of Hyster Yale shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Hyster Yale's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Hyster Yale and does not consider all of the tangible or intangible factors available from Hyster Yale's fundamental data. We analyze noise-free headlines and recent hype associated with Hyster Yale Materials Handling, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Hyster Yale's stock price prediction:
Quarterly Earnings Growth
2.183
EPS Estimate Current Year
7.1
EPS Estimate Next Year
8.93
Wall Street Target Price
82.5
Quarterly Revenue Growth
0.043
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Hyster Yale based on different types of headlines from major news networks to social media. The Hyster stock price prediction module provides an analysis of price elasticity to changes in media outlook on Hyster Yale over a specific investment horizon. Using Hyster Yale hype-based prediction, you can estimate the value of Hyster Yale Materials Handling from the perspective of Hyster Yale response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Hyster Yale using Hyster Yale's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Hyster using crowd psychology based on the activity and movement of Hyster Yale's stock price.

Hyster Yale Implied Volatility

    
  0.0  
Hyster Yale's implied volatility exposes the market's sentiment of Hyster Yale Materials Handling stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hyster Yale's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hyster Yale stock will not fluctuate a lot when Hyster Yale's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Hyster Yale. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Hyster Yale to buy its stock at a price that has no basis in reality. In that case, they are not buying Hyster because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Hyster Yale after-hype prediction price

    
  USD 62.94  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Hyster contract

Based on the Rule 16, the options market is currently suggesting that Hyster Yale Materials Handling will have an average daily up or down price movement of about 0.0% per day over the life of the 2024-04-19 option contract. With Hyster Yale trading at USD 62.93, that is roughly USD 0.0 . If you think that the market is fully incorporating Hyster Yale's daily price movement you should consider acquiring Hyster Yale Materials Handling options at the current volatility level of 0.0%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out Hyster Yale Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hyster Yale'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.
Intrinsic
Valuation
LowRealHigh
60.8064.2367.66
Details
Naive
Forecast
LowNextHigh
63.3266.7570.18
Details
2 Analysts
Consensus
LowTargetHigh
68.2575.0083.25
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.822.142.46
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hyster Yale. Your research has to be compared to or analyzed against Hyster Yale's peers to derive any actionable benefits. When done correctly, Hyster Yale'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 Hyster-Yale Materials.

Hyster Yale After-Hype Price Prediction Density Analysis

As far as predicting the price of Hyster Yale at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Hyster Yale or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Hyster Yale, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Hyster Yale Estimiated After-Hype Price Volatility

In the context of predicting Hyster Yale's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Hyster Yale's historical news coverage. Hyster Yale's after-hype downside and upside margins for the prediction period are 59.51 and 66.37, respectively. We have considered Hyster Yale's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
62.93
62.94
After-hype Price
66.37
Upside
Hyster Yale is very steady at this time. Analysis and calculation of next after-hype price of Hyster-Yale Materials is based on 3 months time horizon.

Hyster Yale Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Hyster Yale is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hyster Yale backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Hyster Yale, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.09 
3.43
  0.01 
  0.10 
9 Events / Month
6 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
62.93
62.94
0.02 
4,900  
Notes

Hyster Yale Hype Timeline

As of March 28, 2024 Hyster-Yale Materials is listed for 62.93. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.1. Hyster is anticipated to increase in value after the next headline, with the price projected to jump to 62.94 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 0.02%, whereas the daily expected return is currently at 0.09%. The volatility of related hype on Hyster Yale is about 296.33%, with the expected price after the next announcement by competition of 63.03. The company generated the yearly revenue of 4.12 B. Reported Net Income was 125.9 M with gross profit of 433.9 M. Allowing for the 90-day total investment horizon the next anticipated press release will be in about 9 days.
Check out Hyster Yale Basic Forecasting Models to cross-verify your projections.

Hyster Yale Related Hype Analysis

Having access to credible news sources related to Hyster Yale's direct competition is more important than ever and may enhance your ability to predict Hyster Yale's future price movements. Getting to know how Hyster Yale rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Hyster Yale may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
DEDeere Company 5.39 10 per month 1.29 (0.05) 2.12 (1.75) 7.35 
GPGreenPower Motor(0.07)10 per month 0.00 (0.23) 4.87 (5.02) 16.54 
MNTXManitex International(0.19)3 per month 0.00 (0.11) 4.58 (6.10) 16.08 
NKLANikolaCorp(0.02)12 per month 4.36  0.03  9.46 (7.50) 20.78 
ZEVYWLightning EMotors 0.00 0 per month 28.13  0.17  100.00 (47.62) 346.19 
ALGAlamo Group 0.55 7 per month 1.78  0  2.25 (2.06) 8.90 
CATCaterpillar 5.33 8 per month 1.19  0.17  2.32 (2.54) 6.20 
LNNLindsay(1.73)8 per month 0.00 (0.14) 2.21 (2.99) 13.20 

Hyster Yale Additional Predictive Modules

Most predictive techniques to examine Hyster price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Hyster using various technical indicators. When you analyze Hyster charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Hyster Yale Predictive Indicators

The successful prediction of Hyster Yale 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 Hyster Yale Materials Handling, 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 Hyster Yale based on analysis of Hyster Yale hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Hyster Yale's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Hyster Yale's related companies.
 2021 2022 2024 (projected)
Dividend Yield0.03130.05120.016
Price To Sales Ratio0.220.120.39

Story Coverage note for Hyster Yale

The number of cover stories for Hyster Yale depends on current market conditions and Hyster Yale's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Hyster Yale is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Hyster Yale's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Hyster Yale Short Properties

Hyster Yale's future price predictability will typically decrease when Hyster Yale's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Hyster Yale Materials Handling often depends not only on the future outlook of the potential Hyster Yale's 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. Hyster Yale's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding17.4 M
Cash And Short Term Investments78.8 M
When determining whether Hyster-Yale Materials offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hyster Yale's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hyster Yale Materials Handling Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hyster Yale Materials Handling Stock:
Check out Hyster Yale Basic Forecasting Models to cross-verify your projections.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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Is Hyster Yale'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 Hyster Yale. If investors know Hyster 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 Hyster Yale 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
2.183
Dividend Share
1.298
Earnings Share
7.24
Revenue Per Share
240.316
Quarterly Revenue Growth
0.043
The market value of Hyster-Yale Materials is measured differently than its book value, which is the value of Hyster that is recorded on the company's balance sheet. Investors also form their own opinion of Hyster Yale's value that differs from its market value or its book value, called intrinsic value, which is Hyster Yale'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 Hyster Yale's market value can be influenced by many factors that don't directly affect Hyster Yale'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 Hyster Yale's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyster Yale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyster Yale'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.