Hisense Home (Germany) Price on July 9, 2024

GKE Stock  EUR 3.00  0.00  0.00%   
If you're considering investing in Hisense Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hisense Home stands at 3.00, as last reported on the 29th of December, with the highest price reaching 3.00 and the lowest price hitting 3.00 during the day. Hisense Home Appliances holds Efficiency (Sharpe) Ratio of -0.0162, which attests that the entity had a -0.0162% return per unit of risk over the last 3 months. Hisense Home Appliances exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hisense Home's Risk Adjusted Performance of 0.0463, downside deviation of 4.35, and Market Risk Adjusted Performance of 0.404 to validate the risk estimate we provide.
  
Hisense Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0162

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Estimated Market Risk

 4.22
  actual daily
37
63% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hisense Home is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hisense Home by adding Hisense Home to a well-diversified portfolio.

Hisense Home Valuation on July 9, 2024

It is possible to determine the worth of Hisense Home on a given historical date. On July 9, 2024 Hisense was worth 2.75 at the beginning of the trading date compared to the closed value of 2.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hisense Home stock. Still, in general, we apply an absolute valuation method to find Hisense Home's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hisense Home where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hisense Home's related companies.
 Open High Low Close Volume
  2.77    2.77    2.77    2.77    150.00  
07/09/2024
  2.75    2.75    2.75    2.75    150.00  
  2.67    2.67    2.67    2.67    150.00  
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Open Value
2.75
2.75
Closing Value
15.41
Upside

Hisense Home Trading Date Momentum on July 9, 2024

On July 10 2024 Hisense Home Appliances was traded for  2.67  at the closing time. The highest daily price throughout the period was 2.67  and the lowest price was  2.67 . The daily volume was 150. The net trading volume on 07/10/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.91% . The trading delta at closing time to current closing price is 3.64% .

Hisense Home Appliances Fundamentals Correlations and Trends

By evaluating Hisense Home's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hisense Home's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hisense financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hisense Home Stock history

Hisense Home investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hisense is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hisense Home Appliances will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hisense Home stock prices may prove useful in developing a viable investing in Hisense Home
Hisense Home Appliances Group Co., Ltd. manufactures and sells white household electrical appliances under the Hisense, Kelon, and Ronshen brands in the Peoples Republic of China and internationally. Hisense Home Appliances Group Co., Ltd. was founded in 1984 and is headquartered in Foshan, the Peoples Republic of China. HISENSE HOME operates under Home Furnishings Fixtures classification in Germany and is traded on Frankfurt Stock Exchange. It employs 32858 people.

Hisense Home Stock Technical Analysis

Hisense Home technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hisense Home technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hisense Home trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hisense Home Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hisense Home Appliances cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Hisense Home December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Hisense Home stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hisense Home shares will generate the highest return on investment. By undertsting and applying Hisense Home stock market strength indicators, traders can identify Hisense Home Appliances entry and exit signals to maximize returns

Hisense Home Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hisense Home's price direction in advance. Along with the technical and fundamental analysis of Hisense Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hisense to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Hisense Stock analysis

When running Hisense Home's price analysis, check to measure Hisense Home'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 Hisense Home is operating at the current time. Most of Hisense Home's value examination focuses on studying past and present price action to predict the probability of Hisense Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hisense Home's price. Additionally, you may evaluate how the addition of Hisense Home to your portfolios can decrease your overall portfolio volatility.
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