Hibbett Sports Stock Probability of Future Stock Price Finishing Under 86.15
| HIBB Stock | USD 86.20 0.45 0.52% |
Closest to current price Hibbett long CALL Option Payoff at Expiration
Hibbett |
Hibbett Sports Target Price Odds to finish below 86.15
The tendency of Hibbett Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 86.15 or more in 90 days |
| 86.20 | 90 days | 86.15 | roughly 96.0 |
Based on a normal probability distribution, the odds of Hibbett Sports to drop to $ 86.15 or more in 90 days from now is roughly 96.0 (This Hibbett Sports probability density function shows the probability of Hibbett Stock to fall within a particular range of prices over 90 days) . Probability of Hibbett Sports price to stay between $ 86.15 and its current price of $86.2 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.26 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hibbett Sports will likely underperform. Additionally Hibbett Sports has an alpha of 0.2231, implying that it can generate a 0.22 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Hibbett Sports Price Density |
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Predictive Modules for Hibbett Sports
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hibbett Sports. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hibbett Sports' 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.
Hibbett Sports Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hibbett Sports is not an exception. The market had few large corrections towards the Hibbett Sports' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Hibbett Sports, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hibbett Sports within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.22 | |
β | Beta against NYSE Composite | 2.26 | |
σ | Overall volatility | 5.95 | |
Ir | Information ratio | 0.09 |
Hibbett Sports Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Hibbett Sports for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hibbett Sports can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hibbett Sports had very high historical volatility over the last 90 days | |
| Over 97.0% of the company shares are owned by institutional investors | |
| On 2nd of April 2024 Hibbett Sports paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Returns On Capital Are A Standout For Hibbett |
Hibbett Sports Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Hibbett Stock often depends not only on the future outlook of the current and potential Hibbett Sports' 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. Hibbett Sports' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.8 M |
Hibbett Sports Technical Analysis
Hibbett Sports' future price can be derived by breaking down and analyzing its technical indicators over time. Hibbett Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hibbett Sports. In general, you should focus on analyzing Hibbett Stock price patterns and their correlations with different microeconomic environments and drivers.
Hibbett Sports Predictive Forecast Models
Hibbett Sports' time-series forecasting models is one of many Hibbett Sports' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Hibbett Sports' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Hibbett Sports
Checking the ongoing alerts about Hibbett Sports for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hibbett Sports help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hibbett Sports had very high historical volatility over the last 90 days | |
| Over 97.0% of the company shares are owned by institutional investors | |
| On 2nd of April 2024 Hibbett Sports paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Returns On Capital Are A Standout For Hibbett |
Check out Hibbett Sports Backtesting, Hibbett Sports Valuation, Hibbett Sports Correlation, Hibbett Sports Hype Analysis, Hibbett Sports Volatility, Hibbett Sports History as well as Hibbett Sports Performance. For information on how to trade Hibbett Stock refer to our How to Trade Hibbett Stock guide.Note that the Hibbett Sports information on this page should be used as a complementary analysis to other Hibbett Sports' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Hibbett Stock analysis
When running Hibbett Sports' price analysis, check to measure Hibbett Sports' 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 Hibbett Sports is operating at the current time. Most of Hibbett Sports' value examination focuses on studying past and present price action to predict the probability of Hibbett Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hibbett Sports' price. Additionally, you may evaluate how the addition of Hibbett Sports to your portfolios can decrease your overall portfolio volatility.
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Is Hibbett Sports' 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 Hibbett Sports. If investors know Hibbett 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 Hibbett Sports 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 (0.13) | Dividend Share 1 | Earnings Share 8.17 | Revenue Per Share 139.832 | Quarterly Revenue Growth 0.018 |
The market value of Hibbett Sports is measured differently than its book value, which is the value of Hibbett that is recorded on the company's balance sheet. Investors also form their own opinion of Hibbett Sports' value that differs from its market value or its book value, called intrinsic value, which is Hibbett Sports' 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 Hibbett Sports' market value can be influenced by many factors that don't directly affect Hibbett Sports' 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 Hibbett Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hibbett Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hibbett Sports' 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.