HITACHI STRMACHADR2 (Germany) Price on October 18, 2024
| HCMA Stock | EUR 43.00 0.40 0.92% |
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 STRMACHADR2 stands at 43.00, as last reported on the 14th of December 2024, with the highest price reaching 43.00 and the lowest price hitting 43.00 during the day. At this point, HITACHI STRMACHADR2 is very steady. HITACHI STRMACHADR2 holds Efficiency (Sharpe) Ratio of 0.0488, which attests that the entity had a 0.0488% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for HITACHI STRMACHADR2, which you can use to evaluate the volatility of the firm. Please check out HITACHI STRMACHADR2's market risk adjusted performance of 0.191, and Risk Adjusted Performance of 0.0399 to validate if the risk estimate we provide is consistent with the expected return of 0.0705%.
HITACHI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HITACHI |
Sharpe Ratio = 0.0488
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | HCMA | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.45 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average HITACHI STRMACHADR2 is performing at about 3% of its full potential. 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 STRMACHADR2 by adding it to a well-diversified portfolio.
HITACHI STRMACHADR2 Valuation on October 18, 2024
It is possible to determine the worth of HITACHI STRMACHADR2 on a given historical date. On October 18, 2024 HITACHI was worth 41.4 at the beginning of the trading date compared to the closed value of 41.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HITACHI STRMACHADR2 stock. Still, in general, we apply an absolute valuation method to find HITACHI STRMACHADR2'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 STRMACHADR2 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HITACHI STRMACHADR2's related companies.
| Open | High | Low | Close | Volume | |
| 41.80 | 41.80 | 41.80 | 41.80 | 1.00 | |
10/18/2024 | 41.40 | 41.40 | 41.40 | 41.40 | 1.00 |
| 41.00 | 41.00 | 41.00 | 41.00 | 1.00 |
| Backtest HITACHI STRMACHADR2 | | | HITACHI STRMACHADR2 History | | | HITACHI STRMACHADR2 Valuation | Previous | Next |
HITACHI STRMACHADR2 Trading Date Momentum on October 18, 2024
| On October 21 2024 HITACHI STRMACHADR2 was traded for 41.00 at the closing time. The maximum traded price for the trading interval was 41.00 and the lowest daily price was 41.00 . There was no trading activity during the period 1.0. Lack of trading volume on 21st of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.97% . The trading delta at closing time to the closing price today is 5.80% . |
HITACHI STRMACHADR2 Fundamentals Correlations and Trends
By evaluating HITACHI STRMACHADR2'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 STRMACHADR2'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 STRMACHADR2 Stock history
HITACHI STRMACHADR2 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 STRMACHADR2 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 STRMACHADR2 stock prices may prove useful in developing a viable investing in HITACHI STRMACHADR2
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 STRMACHADR2 Stock Technical Analysis
HITACHI STRMACHADR2 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 STRMACHADR2 Period Price Range
Low | December 14, 2024
| 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 STRMACHADR2 December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how HITACHI STRMACHADR2 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 STRMACHADR2 shares will generate the highest return on investment. By undertsting and applying HITACHI STRMACHADR2 stock market strength indicators, traders can identify HITACHI STRMACHADR2 entry and exit signals to maximize returns
HITACHI STRMACHADR2 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HITACHI STRMACHADR2'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 | 0.0399 | |||
| Jensen Alpha | 0.0299 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.181 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for HITACHI Stock analysis
When running HITACHI STRMACHADR2's price analysis, check to measure HITACHI STRMACHADR2'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 STRMACHADR2 is operating at the current time. Most of HITACHI STRMACHADR2's value examination focuses on studying past and present price action to predict the probability of HITACHI STRMACHADR2'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 STRMACHADR2's price. Additionally, you may evaluate how the addition of HITACHI STRMACHADR2 to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |