Honeywell Automation (India) Price on December 18, 2024
HONAUT Stock | 43,083 712.70 1.68% |
If you're considering investing in Honeywell Stock, it is important to understand the factors that can impact its price. As of today, the current price of Honeywell Automation stands at 43,083, as last reported on the 6th of January, with the highest price reaching 43,733 and the lowest price hitting 42,430 during the day. Honeywell Automation holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. Honeywell Automation exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Honeywell Automation's Standard Deviation of 1.65, market risk adjusted performance of (0.68), and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide.
Honeywell Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Honeywell |
Sharpe Ratio = -0.1016
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Estimated Market Risk
1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Honeywell Automation 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 Honeywell Automation by adding Honeywell Automation to a well-diversified portfolio.
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Honeywell Automation Valuation on December 18, 2024
It is possible to determine the worth of Honeywell Automation on a given historical date. On December 18, 2024 Honeywell was worth 40610.0 at the beginning of the trading date compared to the closed value of 39813.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Honeywell Automation stock. Still, in general, we apply an absolute valuation method to find Honeywell Automation'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 Honeywell Automation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Honeywell Automation's related companies.
Open | High | Low | Close | Volume | |
41,029 | 41,362 | 40,179 | 40,513 | 9,379 | |
12/18/2024 | 40,610 | 40,683 | 39,667 | 39,814 | 4,232 |
39,337 | 41,625 | 39,337 | 40,885 | 27,277 |
Backtest Honeywell Automation | | | Honeywell Automation History | | | Honeywell Automation Valuation | Previous | Next |
Honeywell Automation Trading Date Momentum on December 18, 2024
On December 19 2024 Honeywell Automation India was traded for 40,885 at the closing time. The highest price during the trading period was 41,625 and the lowest recorded bid was listed for 39,337 . The volume for the day was 27.3 K. This history from December 19, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 2.69% . The trading delta at closing time to the current price is 3.77% . |
Honeywell Automation Fundamentals Correlations and Trends
By evaluating Honeywell Automation'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 Honeywell Automation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Honeywell financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Honeywell Automation Stock history
Honeywell Automation 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 Honeywell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Honeywell Automation 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 Honeywell Automation stock prices may prove useful in developing a viable investing in Honeywell Automation
Honeywell Automation Stock Technical Analysis
Honeywell Automation 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
Honeywell Automation Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Honeywell Automation India cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Honeywell Automation January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Honeywell Automation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Honeywell Automation shares will generate the highest return on investment. By undertsting and applying Honeywell Automation stock market strength indicators, traders can identify Honeywell Automation India entry and exit signals to maximize returns
Honeywell Automation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Honeywell Automation's price direction in advance. Along with the technical and fundamental analysis of Honeywell Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Honeywell 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 | (0.08) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | (0.69) |
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Complementary Tools for Honeywell Stock analysis
When running Honeywell Automation's price analysis, check to measure Honeywell Automation'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 Honeywell Automation is operating at the current time. Most of Honeywell Automation's value examination focuses on studying past and present price action to predict the probability of Honeywell Automation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honeywell Automation's price. Additionally, you may evaluate how the addition of Honeywell Automation to your portfolios can decrease your overall portfolio volatility.
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