HITACHI CONSTRMACHADR/2 (Germany) Price on August 10, 2023
HCMA Stock | EUR 41.00 0.00 0.00% |
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 CONSTRMACHADR/2 stands at 41.00, as last reported on the 5th of January, with the highest price reaching 41.00 and the lowest price hitting 41.00 during the day. HITACHI CONSTRMACHADR/2 holds Efficiency (Sharpe) Ratio of -0.0427, which attests that the entity had a -0.0427% return per unit of volatility over the last 3 months. HITACHI CONSTRMACHADR/2 exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HITACHI CONSTRMACHADR/2's risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (3.82) to validate the risk estimate we provide.
HITACHI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HITACHI |
Sharpe Ratio = -0.0427
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Estimated Market Risk
1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HITACHI CONSTRMACHADR/2 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 CONSTRMACHADR/2 by adding HITACHI CONSTRMACHADR/2 to a well-diversified portfolio.
HITACHI CONSTRMACHADR/2 Valuation on August 10, 2023
It is possible to determine the worth of HITACHI CONSTRMACHADR/2 on a given historical date. On August 10, 2023 HITACHI was worth 50.08 at the beginning of the trading date compared to the closed value of 50.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HITACHI CONSTRMACHADR/2 stock. Still, in general, we apply an absolute valuation method to find HITACHI CONSTRMACHADR/2'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 CONSTRMACHADR/2 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HITACHI CONSTRMACHADR/2's related companies.
Open | High | Low | Close | Volume | |
48.66 | 48.66 | 48.66 | 48.66 | 1.00 | |
08/10/2023 | 50.08 | 50.08 | 50.08 | 50.08 | 1.00 |
49.61 | 49.61 | 49.61 | 49.61 | 1.00 |
Backtest HITACHI CONSTRMACHADR/2 | | | HITACHI CONSTRMACHADR/2 History | | | HITACHI CONSTRMACHADR/2 Valuation | Previous | Next |
HITACHI CONSTRMACHADR/2 Trading Date Momentum on August 10, 2023
On August 11 2023 HITACHI STRMACHADR2 was traded for 49.61 at the closing time. The maximum traded price for the trading interval was 49.61 and the lowest daily price was 49.61 . There was no trading activity during the period 1.0. Lack of trading volume on 11th of August 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.94% . The trading delta at closing time to the closing price today is 5.65% . |
HITACHI CONSTRMACHADR/2 Fundamentals Correlations and Trends
By evaluating HITACHI CONSTRMACHADR/2'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 CONSTRMACHADR/2'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 CONSTRMACHADR/2 Stock history
HITACHI CONSTRMACHADR/2 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 CONSTRMACHADR/2 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 CONSTRMACHADR/2 stock prices may prove useful in developing a viable investing in HITACHI CONSTRMACHADR/2
Hitachi Construction Machinery Co., Ltd., together with its subsidiaries, engages in the manufacture, sale, rental, and service of construction and transportation machinery, environmental related products, and other machines and devices worldwide. Hitachi Construction Machinery Co., Ltd. is a subsidiary of Hitachi Ltd. HITACHI CONSTR operates under Farm Heavy Construction Machinery classification in Germany and is traded on Frankfurt Stock Exchange. It employs 24873 people.
HITACHI CONSTRMACHADR/2 Stock Technical Analysis
HITACHI CONSTRMACHADR/2 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 CONSTRMACHADR/2 Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
HITACHI STRMACHADR2 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 CONSTRMACHADR/2 January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how HITACHI CONSTRMACHADR/2 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 CONSTRMACHADR/2 shares will generate the highest return on investment. By undertsting and applying HITACHI CONSTRMACHADR/2 stock market strength indicators, traders can identify HITACHI STRMACHADR2 entry and exit signals to maximize returns
HITACHI CONSTRMACHADR/2 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HITACHI CONSTRMACHADR/2'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 | (0.03) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.1) | |||
Treynor Ratio | (3.83) |
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Complementary Tools for HITACHI Stock analysis
When running HITACHI CONSTRMACHADR/2's price analysis, check to measure HITACHI CONSTRMACHADR/2'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 CONSTRMACHADR/2 is operating at the current time. Most of HITACHI CONSTRMACHADR/2's value examination focuses on studying past and present price action to predict the probability of HITACHI CONSTRMACHADR/2'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 CONSTRMACHADR/2's price. Additionally, you may evaluate how the addition of HITACHI CONSTRMACHADR/2 to your portfolios can decrease your overall portfolio volatility.
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