Honda Stock Forecast - Jensen Alpha
| HMC Stock | USD 34.45 0.26 0.75% |
Honda Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Honda stock prices and determine the direction of Honda Motor Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Honda's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Honda's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Honda's systematic risk associated with finding meaningful patterns of Honda fundamentals over time.
Check out Historical Fundamental Analysis of Honda to cross-verify your projections. Honda |
Open Interest Against 2024-04-19 Honda Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Honda'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 Honda's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Honda 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 Honda's open interest, investors have to compare it to Honda'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 Honda 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 Honda. 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 Honda 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 Honda's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Honda's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Honda Volatility | Backtest Honda | Information Ratio |
Honda Trading Date Momentum
| On April 19 2024 Honda Motor Co was traded for 34.45 at the closing time. Highest Honda's price during the trading hours was 34.78 and the lowest price during the day was 34.43 . There was no trading activity during the period 0.0. Lack of trading volume on the 19th of April did not cause price change. The trading delta at closing time to current price is 0.87% . |
| Compare Honda to competition |
Other Forecasting Options for Honda
For every potential investor in Honda, whether a beginner or expert, Honda's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Honda Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Honda. Basic forecasting techniques help filter out the noise by identifying Honda's price trends.Honda 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 Honda stock to make a market-neutral strategy. Peer analysis of Honda could also be used in its relative valuation, which is a method of valuing Honda by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Honda Motor 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 Honda'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 Honda's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Honda Market Strength Events
Market strength indicators help investors to evaluate how Honda stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Honda shares will generate the highest return on investment. By undertsting and applying Honda stock market strength indicators, traders can identify Honda Motor Co entry and exit signals to maximize returns.
Honda Risk Indicators
The analysis of Honda'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 Honda's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting honda 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 | 0.924 | |||
| Semi Deviation | 1.04 | |||
| Standard Deviation | 1.19 | |||
| Variance | 1.41 | |||
| Downside Variance | 1.37 | |||
| Semi Variance | 1.07 | |||
| Expected Short fall | (0.96) |
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 Honda to cross-verify your projections. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Honda Stock analysis
When running Honda's price analysis, check to measure Honda'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 Honda is operating at the current time. Most of Honda's value examination focuses on studying past and present price action to predict the probability of Honda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honda's price. Additionally, you may evaluate how the addition of Honda to your portfolios can decrease your overall portfolio volatility.
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Is Honda'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 Honda. If investors know Honda 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 Honda 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 0.081 | Dividend Share 49 | Earnings Share 3.71 | Revenue Per Share 11.8 K | Quarterly Revenue Growth 0.214 |
The market value of Honda Motor is measured differently than its book value, which is the value of Honda that is recorded on the company's balance sheet. Investors also form their own opinion of Honda's value that differs from its market value or its book value, called intrinsic value, which is Honda'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 Honda's market value can be influenced by many factors that don't directly affect Honda'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 Honda's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honda is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honda'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.