Hexcel Stock Alpha and Beta Analysis

HXL Stock  USD 72.52  0.40  0.55%   
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. Key technical indicators related to Hexcel's market risk premium analysis include:
Beta
0.81
Alpha
0.0241
Risk
1.72
Sharpe Ratio
0.0782
Expected Return
0.13
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 0.02  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 0.81  . As returns on the market increase, Hexcel returns are expected to increase less than the market. However, during the bear market, the loss on holding Hexcel will be expected to be smaller as well. At this time, Hexcel's Enterprise Value over EBIT is quite stable as compared to the past year. Tangible Assets Book Value per Share is expected to rise to 32.51 this year, although Enterprise Value over EBITDA will most likely fall to 22.96.

Hexcel Quarterly Cash And Equivalents

97.7 Million

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.
  
Check out Hexcel Backtesting, Hexcel Valuation, Hexcel Correlation, Hexcel Hype Analysis, Hexcel Volatility, Hexcel History and analyze Hexcel Performance.
For more information on how to buy Hexcel Stock please use our How to buy in Hexcel Stock guide.

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.
α0.02   β0.81

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 Sat, Nov 25, 2023 and Fri, Feb 23, 2024 is 71.21 with a coefficient of variation of 3.57. The daily time series for the period is distributed with a sample standard deviation of 2.52, arithmetic mean of 70.64, and mean deviation of 2.05. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
Aerospace Interior Sandwich Panel Market is Forecast to Reach US 2.9 Billion in 2028, Says Stratview Research
12/20/2023
2
Financial Statements
01/05/2024
3
Hexcel Reports Next Week Wall Street Expects Earnings Growth
01/17/2024
4
Unclassified Event
01/24/2024
5
Hexcel Issues FY24 Earnings Guidance
01/25/2024
6
Non-Honeycomb Sandwich Panel Core Materials Market Scope and Growth Overview to 2021-2030
01/29/2024
7
Hexcel Downgraded by UBS Group to Neutral
01/30/2024
8
Exercise or conversion by Patrick Winterlich of 1379 shares of Hexcel subject to Rule 16b-3
02/01/2024
9
Hexcel Price Target Cut to 69.00 by Analysts at BMO Capital Markets
02/02/2024
10
Beverly Hills Private Wealth LLC Sells 9,040 Shares of Hexcel Co.
02/08/2024
11
Automotive Carbon Thermoplastic Market projected to reach USD 2269.1 Million by 2030, growing at a CAGR of 18.78 percent during the forecast period of 2023-2030...
02/13/2024
12
Global Rail Composites Market Size is Estimated to Reach USD 2,785.87 million by 2031, Growing at a CAGR of 5.85 percent Straits Research
02/15/2024
 
Hexcel dividend paid on 16th of February 2024
02/16/2024
13
Hexcel Expects Strong Sales Growth Over Next Three Years
02/20/2024
14
Hexcel downgraded at Morgan Stanley on valuation
02/22/2024

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.
 2022 2023 (projected)
Long Term Debt to Equity0.470.41
Interest Coverage4.846.33

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.
22nd of April 2024
Upcoming Quarterly Report
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22nd of July 2024
Next Financial Report
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31st of March 2024
Next Fiscal Quarter End
View
22nd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

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When determining whether Hexcel is a strong investment it is important to analyze Hexcel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hexcel's future performance. For an informed investment choice regarding Hexcel Stock, refer to the following important reports:
Check out Hexcel Backtesting, Hexcel Valuation, Hexcel Correlation, Hexcel Hype Analysis, Hexcel Volatility, Hexcel History and analyze Hexcel Performance.
For more information on how to buy Hexcel Stock please use our How to buy in Hexcel Stock guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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When running Hexcel's 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 the 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...