Hitachi Construction (Germany) Price on December 4, 2024
| HCM Stock | EUR 21.20 0.20 0.93% |
If you're considering investing in Hitachi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hitachi Construction stands at 21.20, as last reported on the 4th of December, with the highest price reaching 21.20 and the lowest price hitting 21.00 during the day. At this point, Hitachi Construction is very steady. Hitachi Construction holds Efficiency (Sharpe) Ratio of 0.0023, which attests that the entity had a 0.0023% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Hitachi Construction, which you can use to evaluate the volatility of the firm. Please check out Hitachi Construction's Market Risk Adjusted Performance of (0.03), insignificant risk adjusted performance, and Standard Deviation of 1.95 to validate if the risk estimate we provide is consistent with the expected return of 0.0044%.
Hitachi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hitachi |
Sharpe Ratio = 0.0023
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Estimated Market Risk
| 1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hitachi Construction 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 Hitachi Construction by adding Hitachi Construction to a well-diversified portfolio.
Hitachi Construction Valuation on December 4, 2024
It is possible to determine the worth of Hitachi Construction on a given historical date. On December 4, 2024 Hitachi was worth 21.0 at the beginning of the trading date compared to the closed value of 21.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hitachi Construction stock. Still, in general, we apply an absolute valuation method to find Hitachi Construction'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 Hitachi Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hitachi Construction's related companies.
| Open | High | Low | Close | Volume | |
| 21.20 | 21.40 | 21.20 | 21.40 | 39.00 | |
12/04/2024 | 21.00 | 21.20 | 21.00 | 21.20 | 0.00 |
| Backtest Hitachi Construction | | | Hitachi Construction History | | | Hitachi Construction Valuation | Previous |
Hitachi Construction Trading Date Momentum on December 4, 2024
| On December 04 2024 Hitachi Construction Machinery was traded for 21.20 at the closing time. The highest daily price throughout the period was 21.20 and the lowest price was 21.00 . There was no trading activity during the period 0.0. Lack of trading volume on 12/04/2024 did not cause price change. The trading delta at closing time to current closing price is 0.94% . |
Hitachi Construction Fundamentals Correlations and Trends
By evaluating Hitachi Construction'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 Hitachi Construction's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hitachi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hitachi Construction Stock history
Hitachi Construction 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 Hitachi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hitachi Construction 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 Hitachi Construction stock prices may prove useful in developing a viable investing in Hitachi Construction
Hitachi Construction Machinery Co., Ltd., together with its subsidiaries, manufactures, sells, services, and rents construction machinery worldwide. Hitachi Construction Machinery Co., Ltd. is a subsidiary of Hitachi Ltd. HITACHI CONSTR operates under Farm Construction Equipment classification in Germany and is traded on Frankfurt Stock Exchange. It employs 24591 people.
Hitachi Construction Stock Technical Analysis
Hitachi Construction 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
Hitachi Construction Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Hitachi Construction Machinery 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.
Hitachi Construction December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Hitachi Construction stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hitachi Construction shares will generate the highest return on investment. By undertsting and applying Hitachi Construction stock market strength indicators, traders can identify Hitachi Construction Machinery entry and exit signals to maximize returns
Hitachi Construction Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hitachi Construction's price direction in advance. Along with the technical and fundamental analysis of Hitachi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hitachi 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) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.04) |
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| Volume Indicators |
Complementary Tools for Hitachi Stock analysis
When running Hitachi Construction's price analysis, check to measure Hitachi Construction'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 Hitachi Construction is operating at the current time. Most of Hitachi Construction's value examination focuses on studying past and present price action to predict the probability of Hitachi Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitachi Construction's price. Additionally, you may evaluate how the addition of Hitachi Construction to your portfolios can decrease your overall portfolio volatility.
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