HE Equipment Stock Forecast - Price Action Indicator
| HEES Stock | USD 59.22 0.57 0.97% |
HEES Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast HE Equipment stock prices and determine the direction of HE Equipment Services's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of HE Equipment's historical fundamentals, such as revenue growth or operating cash flow patterns. Although HE Equipment's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of HE Equipment's systematic risk associated with finding meaningful patterns of HE Equipment fundamentals over time.
Check out Historical Fundamental Analysis of HE Equipment to cross-verify your projections. HEES |
Open Interest Against 2024-05-17 HEES Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast HE Equipment'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 HE Equipment's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for HE Equipment 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 HE Equipment's open interest, investors have to compare it to HE Equipment'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 HE Equipment 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 HEES. 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 HE Equipment 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 HE Equipment's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets HE Equipment's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.34) | 0.22 |
| Check HE Equipment Volatility | Backtest HE Equipment | Information Ratio |
HE Equipment Trading Date Momentum
| On April 29 2024 HE Equipment Services was traded for 59.22 at the closing time. The top price for the day was 59.76 and the lowest listed price was 58.81 . The trading volume for the day was 260 K. The trading history from April 29, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.02% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare HE Equipment to competition |
Other Forecasting Options for HE Equipment
For every potential investor in HEES, whether a beginner or expert, HE Equipment's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HEES Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HEES. Basic forecasting techniques help filter out the noise by identifying HE Equipment's price trends.HE Equipment 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 HE Equipment stock to make a market-neutral strategy. Peer analysis of HE Equipment could also be used in its relative valuation, which is a method of valuing HE Equipment by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
HE Equipment Services 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 HE Equipment'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 HE Equipment's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
HE Equipment Market Strength Events
Market strength indicators help investors to evaluate how HE Equipment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HE Equipment shares will generate the highest return on investment. By undertsting and applying HE Equipment stock market strength indicators, traders can identify HE Equipment Services entry and exit signals to maximize returns.
HE Equipment Risk Indicators
The analysis of HE Equipment'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 HE Equipment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hees 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 | 1.56 | |||
| Semi Deviation | 1.82 | |||
| Standard Deviation | 2.05 | |||
| Variance | 4.22 | |||
| Downside Variance | 4.47 | |||
| Semi Variance | 3.3 | |||
| Expected Short fall | (1.62) |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of HE Equipment to cross-verify your projections. Note that the HE Equipment Services information on this page should be used as a complementary analysis to other HE Equipment's 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for HEES Stock analysis
When running HE Equipment's price analysis, check to measure HE Equipment'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 HE Equipment is operating at the current time. Most of HE Equipment's value examination focuses on studying past and present price action to predict the probability of HE Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HE Equipment's price. Additionally, you may evaluate how the addition of HE Equipment to your portfolios can decrease your overall portfolio volatility.
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Is HE Equipment'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 HE Equipment. If investors know HEES 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 HE Equipment 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 0.043 | Dividend Share 1.1 | Earnings Share 4.66 | Revenue Per Share 40.699 | Quarterly Revenue Growth 0.093 |
The market value of HE Equipment Services is measured differently than its book value, which is the value of HEES that is recorded on the company's balance sheet. Investors also form their own opinion of HE Equipment's value that differs from its market value or its book value, called intrinsic value, which is HE Equipment'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 HE Equipment's market value can be influenced by many factors that don't directly affect HE Equipment'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 HE Equipment's value and its price as these two are different measures arrived at by different means. Investors typically determine if HE Equipment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HE Equipment'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.