Hitachi (Germany) Price on November 18, 2024
| HIA1 Stock | EUR 24.49 0.43 1.79% |
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 stands at 24.49, as last reported on the 7th of January, with the highest price reaching 24.89 and the lowest price hitting 24.49 during the day. At this point, Hitachi is not too volatile. Hitachi holds Efficiency (Sharpe) Ratio of 0.0124, which attests that the entity had a 0.0124% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hitachi, which you can use to evaluate the volatility of the firm. Please check out Hitachi's Risk Adjusted Performance of 0.0266, downside deviation of 2.4, and Market Risk Adjusted Performance of (0.04) to validate if the risk estimate we provide is consistent with the expected return of 0.0288%.
Hitachi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hitachi |
Sharpe Ratio = 0.0124
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| Negative Returns | HIA1 |
Estimated Market Risk
| 2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.03 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 Hitachi 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 by adding Hitachi to a well-diversified portfolio.
Hitachi Valuation on November 18, 2024
It is possible to determine the worth of Hitachi on a given historical date. On November 18, 2024 Hitachi was worth 24.0 at the beginning of the trading date compared to the closed value of 23.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hitachi stock. Still, in general, we apply an absolute valuation method to find Hitachi'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hitachi's related companies.
| Open | High | Low | Close | Volume | |
| 24.00 | 24.04 | 24.00 | 24.04 | 14.00 | |
11/18/2024 | 24.00 | 24.00 | 23.33 | 23.81 | 1,827 |
| 23.46 | 23.95 | 23.40 | 23.40 | 100.00 |
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Hitachi Trading Date Momentum on November 18, 2024
| On November 19 2024 Hitachi was traded for 23.40 at the closing time. The maximum traded price for the trading interval was 23.95 and the lowest daily price was 23.40 . The daily volume was recorded at 100.0. The volume of trading on 19th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.72% . The trading delta at closing time to the closing price today is 0.59% . |
Hitachi Fundamentals Correlations and Trends
By evaluating Hitachi'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'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 Stock history
Hitachi 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 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 stock prices may prove useful in developing a viable investing in Hitachi
Hitachi, Ltd. provides information and telecommunication systems, social infrastructure and industrial systems, electronic systems and equipment, construction machinery, high functional materials and components, automotive systems, smart life and ecofriendly systems, other products, and financial services in Japan and internationally. The company was founded in 1910 and is headquartered in Tokyo, Japan. HITACHI LTD operates under Conglomerates classification in Germany and is traded on Frankfurt Stock Exchange. It employs 295941 people.
Hitachi Stock Technical Analysis
Hitachi 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 Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Hitachi 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 January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Hitachi 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 shares will generate the highest return on investment. By undertsting and applying Hitachi stock market strength indicators, traders can identify Hitachi entry and exit signals to maximize returns
Hitachi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hitachi'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 | 0.0266 | |||
| Jensen Alpha | 0.0623 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0118 | |||
| Treynor Ratio | (0.05) |
| 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's price analysis, check to measure Hitachi'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 is operating at the current time. Most of Hitachi's value examination focuses on studying past and present price action to predict the probability of Hitachi'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's price. Additionally, you may evaluate how the addition of Hitachi to your portfolios can decrease your overall portfolio volatility.
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