Hydro One Stock Price on December 29, 2022

H Stock  CAD 45.80  0.10  0.22%   
Below is the normalized historical share price chart for Hydro One extending back to November 05, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hydro One stands at 45.80, as last reported on the 29th of November, with the highest price reaching 46.21 and the lowest price hitting 45.77 during the day.
200 Day MA
42.1509
50 Day MA
45.3358
Beta
0.341
 
Yuan Drop
 
Covid
If you're considering investing in Hydro Stock, it is important to understand the factors that can impact its price. As of now, Hydro Stock is very steady. Hydro One holds Efficiency (Sharpe) Ratio of 0.0103, which attests that the entity had a 0.0103% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hydro One, which you can use to evaluate the volatility of the firm. Please check out Hydro One's Downside Deviation of 1.03, market risk adjusted performance of 0.2235, and Risk Adjusted Performance of 0.0407 to validate if the risk estimate we provide is consistent with the expected return of 0.0097%.
  
As of the 29th of November 2024, Stock Based Compensation is likely to grow to about 14.5 M, while Total Stockholder Equity is likely to drop about 8.9 B. . At this time, Hydro One's Price Earnings Ratio is very stable compared to the past year. As of the 29th of November 2024, Price Earnings To Growth Ratio is likely to grow to 6.66, while Price To Sales Ratio is likely to drop 1.53. Hydro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0103

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Estimated Market Risk

 0.94
  actual daily
8
92% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hydro One 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 Hydro One by adding Hydro One to a well-diversified portfolio.
Price Book
2.2771
Enterprise Value Ebitda
14.8527
Price Sales
3.2808
Shares Float
599.4 M
Dividend Share
1.224

Hydro One Valuation on December 29, 2022

It is possible to determine the worth of Hydro One on a given historical date. On December 29, 2022 Hydro was worth 34.6 at the beginning of the trading date compared to the closed value of 34.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hydro One stock. Still, in general, we apply an absolute valuation method to find Hydro One'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 Hydro One where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hydro One's related companies.
 Open High Low Close Volume
  34.49    35.04    34.42    34.48    1,170,800  
12/29/2022
  34.60    34.89    34.54    34.58    454,000  
  34.57    34.72    34.25    34.40    882,300  
Backtest Hydro One  |  Hydro One History  |  Hydro One Valuation   PreviousNext  
Open Value
34.6
34.58
Closing Value
37.43
Upside

Hydro One Trading Date Momentum on December 29, 2022

On December 30 2022 Hydro One was traded for  34.40  at the closing time. The top price for the day was 34.72  and the lowest listed price was  34.25 . The trading volume for the day was 882.3 K. The trading history from December 30, 2022 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.52% . The trading delta at closing time against the current closing price is 0.93% .

Hydro One Fundamentals Correlations and Trends

By evaluating Hydro One'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 Hydro One's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hydro financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hydro One Stock history

Hydro One 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 Hydro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hydro One 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 Hydro One stock prices may prove useful in developing a viable investing in Hydro One
Last ReportedProjected for Next Year
Common Stock Shares Outstanding600.5 M506.1 M
Net Income Applicable To Common Shares1.2 B886.5 M

Hydro One Stock Technical Analysis

Hydro One 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 Hydro One technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hydro One 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

Hydro One Period Price Range

Low
November 29, 2024
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Hydro One cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Hydro One November 29, 2024 Market Strength

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

Hydro One Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hydro One's price direction in advance. Along with the technical and fundamental analysis of Hydro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hydro 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.

Other Information on Investing in Hydro Stock

Hydro One financial ratios help investors to determine whether Hydro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hydro with respect to the benefits of owning Hydro One security.