Maximize Returns with AI-Powered HY Insights

AI HY Forecast

Price Forecast:

Bearish <-> Bullish

Bullish Case: Hyster-Yale's recent operational gains and market recovery are expected to boost sentiment. Implied volatility suggests higher upside potential, particularly as economic conditions stabilize post-COVID.

Bearish Case: Rising competition and macroeconomic headwinds could hinder HY's performance, especially if recent market trends reverse or supply chain issues persist, leading to potential downgrades.

Potential Outcomes:

1. Continued recovery: 40% chance.

2. Market stagnation: 30% chance.

3. Economic downturn: 20% chance.

4. Major M&A activity: 10% chance. These estimates stem from analyzing recent price movements and broader economic indicators.

Trading Oracle: Sign Up to access trading oracle trade ideas.

September 18, 2024

Hyster-Yale Materials Handling Forecast

HY Hyster-Yale Materials Handling

Price Forecast
Future Uncertainty

4 Day Price Forecast + Historical Performance. Video Tutorial: Trade Smarter With Helium's AI Forecasts

9 Day Price Forecast + Historical Performance. Video Tutorial: Trade Smarter With Helium's AI Forecasts

20 Day Price Forecast + Historical Performance. Video Tutorial: Trade Smarter With Helium's AI Forecasts

36 Day Price Forecast + Historical Performance. Video Tutorial: Trade Smarter With Helium's AI Forecasts

49 Day Price Forecast + Historical Performance. Video Tutorial: Trade Smarter With Helium's AI Forecasts

See Longer Forecasts

Correlated Assets

Assets that tend to move strongly with HY

TNK Teekay Tankers (0.87)

KD Kyndryl (0.8)

SII Sprott (0.79)

CAMT Camtek (0.79)

ASC Ardmore Shipping (0.79)

Uncorrelated Assets

Assets with little price relationship to HY

MCHI BTC iShares MSCI China (-0.0)

BEN Franklin Resources (-0.0)

VRDN Viridian Therapeutics (-0.0)

KNX Knight-Swift Transportation (0.01)

XRX Xerox (-0.01)

Anticorrelated Assets

Assets that tend to move strongly against HY

DLO DLocal (-0.65)

SQQQ ProShares UltraPro Short QQQ (-0.66)

PTLO Portillos (-0.68)

FWRD Forward Air (-0.71)

VIXY ProShares VIX Short-Term Futures (-0.72)

Become a more profitable investor with AI optimized trading strategies

Market Forecasts

Bullish / Bearish

Digital Assets / Most Accurate

Trading Strategies

Long Volatility

Short Volatility

Balanced News

Balanced News / Sources

Tech / Memes / Politics

About

About / Pricing / Forum

Contact Helium Trades

2024 © Helium Trades
Privacy Policy & Disclosure

* Disclaimer: Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.