Honeywell International Stock Price Prediction
| HON Stock | USD 194.79 1.37 0.70% |
Oversold Vs Overbought
41
Oversold | Overbought |
Honeywell International stock price prediction is an act of determining the future value of Honeywell International shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Honeywell International'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 Honeywell International and does not consider all of the tangible or intangible factors available from Honeywell International's fundamental data. We analyze noise-free headlines and recent hype associated with Honeywell International, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Honeywell International's stock price prediction:Quarterly Earnings Growth 0.268 | EPS Estimate Next Quarter 2.24 | EPS Estimate Current Year 9.95 | EPS Estimate Next Year 10.89 | Wall Street Target Price 219.24 |
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 Honeywell International based on different types of headlines from major news networks to social media. The Honeywell stock price prediction module provides an analysis of price elasticity to changes in media outlook on Honeywell International over a specific investment horizon. Using Honeywell International hype-based prediction, you can estimate the value of Honeywell International from the perspective of Honeywell International response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Honeywell International using Honeywell International's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Honeywell using crowd psychology based on the activity and movement of Honeywell International's stock price.
Honeywell International Short Interest
A significant increase or decrease in Honeywell International's short interest from the previous month could be a good indicator of investor sentiment towards Honeywell. Short interest can provide insight into the potential direction of Honeywell International stock and how bullish or bearish investors feel about the market overall. An investor who is long Honeywell International may also wish to track short interest. As short interest increases, investors should be becoming more worried about Honeywell International and may potentially protect profits, hedge Honeywell International with its derivative instruments, or be ready for some potential downside.
200 Day MA 194.9144 | Short Percent 0.0117 | Short Ratio 2.59 | Shares Short Prior Month 7.7 M | 50 Day MA 198.1066 |
Honeywell International Hype to Price Pattern
Investor biases related to Honeywell International's public news can be used to forecast risks associated with an investment in Honeywell. The trend in average sentiment can be used to explain how an investor holding Honeywell can time the market purely based on public headlines and social activities around Honeywell International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Honeywell International's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Honeywell International.
Honeywell International Implied Volatility | 56.67 |
Honeywell International's implied volatility exposes the market's sentiment of Honeywell International stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Honeywell International'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 Honeywell International stock will not fluctuate a lot when Honeywell International's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Honeywell International. 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 Honeywell International to buy its stock at a price that has no basis in reality. In that case, they are not buying Honeywell 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.
Honeywell International after-hype prediction price | USD 196.16 |
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 Honeywell contract
Based on the Rule 16, the options market is currently suggesting that Honeywell International will have an average daily up or down price movement of about 3.54% per day over the life of the 2024-04-26 option contract. With Honeywell International trading at USD 194.79, that is roughly USD 6.9 . If you think that the market is fully incorporating Honeywell International's daily price movement you should consider acquiring Honeywell International options at the current volatility level of 56.67%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Honeywell |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Honeywell International'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.
Honeywell International After-Hype Price Prediction Density Analysis
As far as predicting the price of Honeywell International 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 Honeywell International 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 Honeywell International, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Honeywell International Estimiated After-Hype Price Volatility
In the context of predicting Honeywell International's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Honeywell International's historical news coverage. Honeywell International's after-hype downside and upside margins for the prediction period are 195.16 and 197.16, respectively. We have considered Honeywell International'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
Honeywell International is very steady at this time. Analysis and calculation of next after-hype price of Honeywell International is based on 3 months time horizon.
Honeywell International Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Honeywell International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Honeywell International 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 Honeywell International, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.05 | 1.00 | 0.12 | 0.01 | 8 Events / Month | 5 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
194.79 | 196.16 | 0.00 |
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Honeywell International Hype Timeline
On the 24th of April Honeywell International is traded for 194.79. The entity has historical hype elasticity of -0.12, and average elasticity to hype of competition of -0.01. Honeywell is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 41.32%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at -0.05%. %. The volatility of related hype on Honeywell International is about 489.51%, with the expected price after the next announcement by competition of 194.78. About 79.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.01. Honeywell International recorded earning per share (EPS) of 8.47. The entity last dividend was issued on the 29th of February 2024. The firm had 1032:1000 split on the 29th of October 2018. Considering the 90-day investment horizon the next estimated press release will be in about 8 days. Check out Honeywell International Basic Forecasting Models to cross-verify your projections.Honeywell International Related Hype Analysis
Having access to credible news sources related to Honeywell International's direct competition is more important than ever and may enhance your ability to predict Honeywell International's future price movements. Getting to know how Honeywell International's peers 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 Honeywell International may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| MDU | MDU Resources Group | 0.16 | 8 per month | 0.83 | 0.24 | 2.43 | (1.49) | 6.50 | |
| CODI | Compass Diversified Holdings | (0.20) | 12 per month | 1.34 | 0.03 | 2.72 | (2.18) | 8.46 | |
| VMI | Valmont Industries | (1.09) | 8 per month | 0.00 | (0.15) | 1.82 | (2.05) | 5.64 | |
| BBU | Brookfield Business Partners | (0.69) | 9 per month | 0.00 | (0.06) | 2.91 | (2.52) | 9.34 | |
| GFF | Griffon | (1.29) | 12 per month | 1.77 | 0.08 | 2.93 | (2.53) | 17.23 | |
| MATW | Matthews International | 0.05 | 7 per month | 0.00 | (0.14) | 2.82 | (3.98) | 10.47 | |
| SPLP | Steel Partners Holdings | 1.63 | 10 per month | 0.00 | (0.07) | 2.71 | (2.95) | 9.67 |
Honeywell International Additional Predictive Modules
Most predictive techniques to examine Honeywell price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Honeywell using various technical indicators. When you analyze Honeywell 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Honeywell International Predictive Indicators
The successful prediction of Honeywell International 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 Honeywell International, 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 Honeywell International based on analysis of Honeywell International hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Honeywell International's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Honeywell International's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0182 | 0.0187 | 0.0205 | 0.0261 | Price To Sales Ratio | 4.2 | 4.09 | 3.79 | 3.98 |
Story Coverage note for Honeywell International
The number of cover stories for Honeywell International depends on current market conditions and Honeywell International's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Honeywell International 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 Honeywell International's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Honeywell International Short Properties
Honeywell International's future price predictability will typically decrease when Honeywell International's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Honeywell International often depends not only on the future outlook of the potential Honeywell International'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. Honeywell International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 668.2 M | |
| Cash And Short Term Investments | 8.1 B |
Check out Honeywell International Basic Forecasting Models to cross-verify your projections. To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Honeywell Stock analysis
When running Honeywell International's price analysis, check to measure Honeywell International'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 Honeywell International is operating at the current time. Most of Honeywell International's value examination focuses on studying past and present price action to predict the probability of Honeywell International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honeywell International's price. Additionally, you may evaluate how the addition of Honeywell International to your portfolios can decrease your overall portfolio volatility.
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Is Honeywell International'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 Honeywell International. If investors know Honeywell 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 Honeywell International 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 0.268 | Dividend Share 4.17 | Earnings Share 8.47 | Revenue Per Share 55.297 | Quarterly Revenue Growth 0.028 |
The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International'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 Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International'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 Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honeywell International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International'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.