Hexcel Stock Alpha and Beta Analysis

HXL Stock  USD 69.58  0.18  0.26%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Hexcel. It also helps investors analyze the systematic and unsystematic risks associated with investing in Hexcel over a specified time horizon. Remember, high Hexcel's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check Hexcel Backtesting, Hexcel Valuation, Hexcel Correlation, Hexcel Hype Analysis, Hexcel Volatility, Hexcel History and analyze Hexcel Performance.
Please note that although Hexcel alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Hexcel did 0.19  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Hexcel stock's relative risk over its benchmark. Hexcel has a beta of 1.26  . Let's try to break down what Hexcel's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hexcel will likely underperform.
Hexcel Price to Book Value is quite stable at the moment as compared to the past year. The company's current Price to Book Value is estimated at 3.76. Enterprise Value is expected to rise to about 6 B this year, although Book Value per Share will most likely fall to 18.66.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Enterprise Value

5.96 Billion

Hexcel Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Hexcel market risk premium is the additional return an investor will receive from holding Hexcel long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hexcel. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Hexcel's performance over market.
α0.19   β1.26
90 days against NYA

Hexcel expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Hexcel's Buy-and-hold return. Our buy-and-hold chart shows how Hexcel performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Hexcel Market Price Analysis

Market price analysis indicators help investors to evaluate how Hexcel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hexcel shares will generate the highest return on investment. By understating and applying Hexcel stock market price indicators, traders can identify Hexcel position entry and exit signals to maximize returns.

Hexcel Return and Market Media

The median price of Hexcel for the period between Wed, Nov 9, 2022 and Tue, Feb 7, 2023 is 59.43 with a coefficient of variation of 6.44. The daily time series for the period is distributed with a sample standard deviation of 3.9, arithmetic mean of 60.54, and mean deviation of 2.8. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
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Hexcel price target raised to 70 from 60 at Wells Fargo01/30/2023
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Hexcel Declares 0.12 Dividend02/01/2023
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About Hexcel Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Hexcel or other stocks. Alpha measures the amount that position in Hexcel has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2020 2022 (projected)
Long Term Debt to Equity0.610.5
Interest Coverage0.341.56

Hexcel Upcoming Company Events

As portrayed in its financial statements, the presentation of Hexcel's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hexcel's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Hexcel's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Hexcel. Please utilize our Beneish M Score to check the likelihood of Hexcel's management manipulating its earnings.
Upcoming Quarterly Report26th of January 2022
Next Financial Report18th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End26th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Hexcel

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Hexcel Backtesting, Hexcel Valuation, Hexcel Correlation, Hexcel Hype Analysis, Hexcel Volatility, Hexcel History and analyze Hexcel Performance. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Hexcel 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 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.
A focus of Hexcel technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hexcel 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...