Hubbell Incorporated (Germany) Probability of Future Stock Price Finishing Over 392.31
| HUEC Stock | EUR 432.00 2.00 0.46% |
Hubbell |
Hubbell Incorporated Target Price Odds to finish over 392.31
The tendency of Hubbell 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 stay above € 392.31 in 90 days |
| 432.00 | 90 days | 392.31 | about 55.6 |
Based on a normal probability distribution, the odds of Hubbell Incorporated to stay above € 392.31 in 90 days from now is about 55.6 (This Hubbell Incorporated probability density function shows the probability of Hubbell Stock to fall within a particular range of prices over 90 days) . Probability of Hubbell Incorporated price to stay between € 392.31 and its current price of €432.0 at the end of the 90-day period is about 43.46 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.61 . 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, Hubbell Incorporated will likely underperform. Additionally Hubbell Incorporated has an alpha of 0.1312, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hubbell Incorporated Price Density |
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Predictive Modules for Hubbell Incorporated
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hubbell Incorporated. 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 Hubbell Incorporated'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.
Hubbell Incorporated Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hubbell Incorporated is not an exception. The market had few large corrections towards the Hubbell Incorporated'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 Hubbell Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hubbell Incorporated within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 1.61 | |
σ | Overall volatility | 30.32 | |
Ir | Information ratio | 0.10 |
Hubbell Incorporated 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 Hubbell Incorporated for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hubbell Incorporated can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hubbell Incorporated has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 92.0% of the company shares are owned by institutional investors |
Hubbell Incorporated 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 Hubbell Stock often depends not only on the future outlook of the current and potential Hubbell Incorporated'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. Hubbell Incorporated's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 53.7 M |
Hubbell Incorporated Technical Analysis
Hubbell Incorporated's future price can be derived by breaking down and analyzing its technical indicators over time. Hubbell Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hubbell Incorporated. In general, you should focus on analyzing Hubbell Stock price patterns and their correlations with different microeconomic environments and drivers.
Hubbell Incorporated Predictive Forecast Models
Hubbell Incorporated's time-series forecasting models is one of many Hubbell Incorporated'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 Hubbell Incorporated'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 Hubbell Incorporated
Checking the ongoing alerts about Hubbell Incorporated for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hubbell Incorporated help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hubbell Incorporated has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 92.0% of the company shares are owned by institutional investors |
Other Information on Investing in Hubbell Stock
Hubbell Incorporated financial ratios help investors to determine whether Hubbell Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hubbell with respect to the benefits of owning Hubbell Incorporated security.