Hamilton Probability of Target Price Finishing Over 9.03

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HBB -- USA Stock  

Earnings Report: 29th of July 2020  

Hamilton Beach probability of target price tool provides mechanism to make assumptions about upside and downside potential of Hamilton Beach Brands performance during a given time horizon utilizing its historical volatility. The current year Price to Earnings Ratio is expected to grow to 12.51, whereas Price to Book Value is expected to decline to 2.73.

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Please specify Hamilton Beach time horizon, a valid symbol (red box) and a target price (blue box) you would like Hamilton Beach odds to be computed. Please check Hamilton Beach Backtesting, Hamilton Beach Valuation, Hamilton Beach Correlation, Hamilton Beach Hype Analysis, Hamilton Beach Volatility, Hamilton Beach History as well as Hamilton Beach Performance.
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Hamilton Beach Target Price Odds to finish over 9.03

Current PriceHorizonTarget PriceOdds to stay above $ 9.03  in 30 days
 11.85 30 days 9.03 
about 87.28
Based on normal probability distribution, the odds of Hamilton Beach to stay above $ 9.03  in 30 days from now is about 87.28 (This Hamilton Beach Brands probability density function shows the probability of Hamilton Beach Stock to fall within a particular range of prices over 30 days) . Probability of Hamilton Beach Brands price to stay between $ 9.03  and its current price of $11.85 at the end of the 30-day period is about 69.75 .
Considering 30-days investment horizon, Hamilton Beach has beta of 0.1312 . This indicates as returns on market go up, Hamilton Beach average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Hamilton Beach Brands will be expected to be much smaller as well. Additionally The company has an alpha of 0.2025 implying that it can potentially generate 0.2025% excess return over DOW after adjusting for the inherited market risk (beta).
 Hamilton Beach Price Density 
      Price 
α
Alpha over DOW
=0.20
β
Beta against DOW=0.13
σ
Overall volatility
=1.36
Ir
Information ratio =0.014263

Hamilton Beach Alerts and Suggestions

Hamilton Beach has very high historical volatility over the last 30 days
About 56.0% of the company shares are owned by institutional investors
On 29th of May 2020 Hamilton Beach paid $ 0.09 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Hamilton Beach exotic insider transaction detected

Hamilton BeachPrice Density Drivers

Shares Percent Shares Out2.64%
Trailing Annual Dividend Rate0.35
Short Percent Of Float5.77%
Float Shares7.15M
Average Daily Volume Last 10 Day58k
Shares Short Prior Month341.5k
Average Daily Volume In Three Month45.5k
Date Short Interest30th of April 2020
Trailing Annual Dividend Yield3.33%
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