Hennessy Capital Investment Stock Probability of Future Stock Price Finishing Over 12.64
| HCVIU Stock | USD 10.71 0.00 0.00% |
Hennessy |
Hennessy Capital Target Price Odds to finish over 12.64
The tendency of Hennessy 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 move over $ 12.64 or more in 90 days |
| 10.71 | 90 days | 12.64 | near 1 |
Based on a normal probability distribution, the odds of Hennessy Capital to move over $ 12.64 or more in 90 days from now is near 1 (This Hennessy Capital Investment probability density function shows the probability of Hennessy Stock to fall within a particular range of prices over 90 days) . Probability of Hennessy Capital Inv price to stay between its current price of $ 10.71 and $ 12.64 at the end of the 90-day period is about 70.97 .
Assuming the 90 days horizon Hennessy Capital Investment has a beta of -0.0139. This usually indicates as returns on the benchmark increase, returns on holding Hennessy Capital are expected to decrease at a much lower rate. During a bear market, however, Hennessy Capital Investment is likely to outperform the market. Additionally Hennessy Capital Investment has an alpha of 0.0474, implying that it can generate a 0.0474 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hennessy Capital Price Density |
| Price |
Predictive Modules for Hennessy Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hennessy Capital Inv. 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 Hennessy Capital'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.
Hennessy Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hennessy Capital is not an exception. The market had few large corrections towards the Hennessy Capital's 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 Hennessy Capital Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hennessy Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 0.38 | |
Ir | Information ratio | 0.03 |
Hennessy Capital 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 Hennessy Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hennessy Capital Inv can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hennessy Capital Inv has a very high chance of going through financial distress in the upcoming years | |
| Hennessy Capital Investment has accumulated about 1.07 M in cash with (4.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Hennessy Capital Inv has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Wall Street Analysts See Blue Bird as a Buy Should You Invest - Markets Insider |
Hennessy Capital 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 Hennessy Stock often depends not only on the future outlook of the current and potential Hennessy Capital'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. Hennessy Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.3 M | |
| Cash And Short Term Investments | 462 K |
Hennessy Capital Technical Analysis
Hennessy Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Hennessy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hennessy Capital Investment. In general, you should focus on analyzing Hennessy Stock price patterns and their correlations with different microeconomic environments and drivers.
Hennessy Capital Predictive Forecast Models
Hennessy Capital's time-series forecasting models is one of many Hennessy Capital's 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 Hennessy Capital's 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 Hennessy Capital Inv
Checking the ongoing alerts about Hennessy Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hennessy Capital Inv help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hennessy Capital Inv has a very high chance of going through financial distress in the upcoming years | |
| Hennessy Capital Investment has accumulated about 1.07 M in cash with (4.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Hennessy Capital Inv has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Wall Street Analysts See Blue Bird as a Buy Should You Invest - Markets Insider |
Additional Tools for Hennessy Stock Analysis
When running Hennessy Capital's price analysis, check to measure Hennessy Capital'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 Hennessy Capital is operating at the current time. Most of Hennessy Capital's value examination focuses on studying past and present price action to predict the probability of Hennessy Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hennessy Capital's price. Additionally, you may evaluate how the addition of Hennessy Capital to your portfolios can decrease your overall portfolio volatility.