HNI Corp Stock Forecast - Accumulation Distribution
| HNI Stock | USD 47.05 1.21 2.64% |
HNI Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast HNI Corp stock prices and determine the direction of HNI Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of HNI Corp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although HNI Corp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of HNI Corp's systematic risk associated with finding meaningful patterns of HNI Corp fundamentals over time.
Check out Historical Fundamental Analysis of HNI Corp to cross-verify your projections. HNI |
Open Interest Against 2024-06-21 HNI Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast HNI Corp's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in HNI Corp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for HNI Corp stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current HNI Corp's open interest, investors have to compare it to HNI Corp's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of HNI Corp is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in HNI. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in HNI Corp cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the HNI Corp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets HNI Corp's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which HNI Corp is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of HNI Corp to determine if accumulation or reduction is taking place in the market. This value is adjusted by HNI Corp trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 5344.69 | 9039.79 |
| Check HNI Corp Volatility | Backtest HNI Corp | Trend Details |
HNI Corp Trading Date Momentum
| On March 06 2024 HNI Corp was traded for 42.44 at the closing time. Highest HNI Corp's price during the trading hours was 43.30 and the lowest price during the day was 42.40 . The net volume was 309.9 K. The overall trading history on the 6th of March contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.24% . The trading delta at closing time to current price is 1.37% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare HNI Corp to competition |
Other Forecasting Options for HNI Corp
For every potential investor in HNI, whether a beginner or expert, HNI Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HNI Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HNI. Basic forecasting techniques help filter out the noise by identifying HNI Corp's price trends.HNI Corp Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HNI Corp stock to make a market-neutral strategy. Peer analysis of HNI Corp could also be used in its relative valuation, which is a method of valuing HNI Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
HNI Corp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of HNI Corp's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of HNI Corp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
HNI Corp Market Strength Events
Market strength indicators help investors to evaluate how HNI Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HNI Corp shares will generate the highest return on investment. By undertsting and applying HNI Corp stock market strength indicators, traders can identify HNI Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 8679.84 | |||
| Daily Balance Of Power | 0.8705 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 46.49 | |||
| Day Typical Price | 46.67 | |||
| Price Action Indicator | 1.17 | |||
| Period Momentum Indicator | 1.21 |
HNI Corp Risk Indicators
The analysis of HNI Corp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in HNI Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hni stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.11 | |||
| Semi Deviation | 1.32 | |||
| Standard Deviation | 1.46 | |||
| Variance | 2.13 | |||
| Downside Variance | 2.02 | |||
| Semi Variance | 1.75 | |||
| Expected Short fall | (1.18) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether HNI Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HNI Corp'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 Hni Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hni Corp Stock:Check out Historical Fundamental Analysis of HNI Corp to cross-verify your projections. For more detail on how to invest in HNI Stock please use our How to Invest in HNI Corp guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for HNI Stock analysis
When running HNI Corp's price analysis, check to measure HNI Corp'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 HNI Corp is operating at the current time. Most of HNI Corp's value examination focuses on studying past and present price action to predict the probability of HNI Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HNI Corp's price. Additionally, you may evaluate how the addition of HNI Corp to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |
Is HNI Corp'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 HNI Corp. If investors know HNI 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 HNI Corp 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 8.597 | Dividend Share 1.28 | Earnings Share 1.42 | Revenue Per Share 55.401 | Quarterly Revenue Growth 0.227 |
The market value of HNI Corp is measured differently than its book value, which is the value of HNI that is recorded on the company's balance sheet. Investors also form their own opinion of HNI Corp's value that differs from its market value or its book value, called intrinsic value, which is HNI Corp'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 HNI Corp's market value can be influenced by many factors that don't directly affect HNI Corp'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 HNI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if HNI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HNI Corp'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.