Hisense Home (Germany) Price on November 22, 2024
GKE Stock | EUR 2.97 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 2.97, as last reported on the 27th of December, with the highest price reaching 2.97 and the lowest price hitting 2.97 during the day. Hisense Home Appliances holds Efficiency (Sharpe) Ratio of -0.0202, which attests that the entity had a -0.0202% 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 Market Risk Adjusted Performance of 0.4409, risk adjusted performance of 0.0554, and Downside Deviation of 4.35 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.
Hisense |
Sharpe Ratio = -0.0202
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Estimated Market Risk
4.25 actual daily | 37 63% of assets are more volatile |
Expected Return
-0.09 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 November 22, 2024
It is possible to determine the worth of Hisense Home on a given historical date. On November 22, 2024 Hisense was worth 2.72 at the beginning of the trading date compared to the closed value of 2.76. 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 | |
2.76 | 2.76 | 2.76 | 2.76 | 3,830 | |
11/22/2024 | 2.72 | 2.76 | 2.72 | 2.76 | 250.00 |
2.72 | 2.79 | 2.72 | 2.79 | 500.00 |
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Hisense Home Trading Date Momentum on November 22, 2024
On November 25 2024 Hisense Home Appliances was traded for 2.79 at the closing time. The highest daily price throughout the period was 2.79 and the lowest price was 2.72 . The daily volume was 500. The net trading volume on 11/25/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.09% . The trading delta at closing time to current closing price is 3.26% . |
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.
Price Boundaries
Hisense Home Period Price Range
Low | December 27, 2024
| 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 27, 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.
Risk Adjusted Performance | 0.0554 | |||
Jensen Alpha | 0.2273 | |||
Total Risk Alpha | 0.0119 | |||
Sortino Ratio | 0.0482 | |||
Treynor Ratio | 0.4309 |
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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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