Hulamin (South Africa) Price on November 13, 2023

HLM Stock   434.00  43.00  1.16%   
If you're considering investing in Hulamin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hulamin stands at 350.00, as last reported on the 17th of December 2024, with the highest price reaching 353.00 and the lowest price hitting 343.00 during the day. Hulamin holds Efficiency (Sharpe) Ratio of -0.0652, which attests that the entity had a -0.0652% return per unit of risk over the last 3 months. Hulamin exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hulamin's Standard Deviation of 2.48, risk adjusted performance of (0.04), and Market Risk Adjusted Performance of 3.4 to validate the risk estimate we provide.
  
Hulamin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0652

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Estimated Market Risk

 2.48
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hulamin 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 Hulamin by adding Hulamin to a well-diversified portfolio.

Hulamin Valuation on November 13, 2023

It is possible to determine the worth of Hulamin on a given historical date. On November 13, 2023 Hulamin was worth 285.0 at the beginning of the trading date compared to the closed value of 288.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hulamin stock. Still, in general, we apply an absolute valuation method to find Hulamin'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 Hulamin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hulamin's related companies.
 Open High Low Close Volume
  290.00    292.00    285.00    285.00    55,960  
11/13/2023
  285.00    288.00    285.00    288.00    67,906  
  285.00    288.00    285.00    288.00    48,375  
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Open Value
285.0
277.57
Downside
288.0
Closing Value
292.43
Upside

Hulamin Trading Date Momentum on November 13, 2023

On November 14 2023 Hulamin was traded for  288.00  at the closing time. The highest price during the trading period was 288.00  and the lowest recorded bid was listed for  285.00 . The volume for the day was 48.4 K. This history from November 14, 2023 did not cause price change. The trading delta at closing time to the current price is 0.35% .

Hulamin Fundamentals Correlations and Trends

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

About Hulamin Stock history

Hulamin 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 Hulamin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hulamin 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 Hulamin stock prices may prove useful in developing a viable investing in Hulamin

Hulamin Stock Technical Analysis

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

Hulamin Period Price Range

Low
December 17, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hulamin cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.

Hulamin December 17, 2024 Market Strength

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

Hulamin Technical and Predictive Indicators

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

Complementary Tools for Hulamin Stock analysis

When running Hulamin's price analysis, check to measure Hulamin'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 Hulamin is operating at the current time. Most of Hulamin's value examination focuses on studying past and present price action to predict the probability of Hulamin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hulamin's price. Additionally, you may evaluate how the addition of Hulamin to your portfolios can decrease your overall portfolio volatility.
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