Honkarakenne Oyj (Finland) Price on February 8, 2024
| HONBS Stock | EUR 2.56 0.05 1.99% |
If you're considering investing in Honkarakenne Stock, it is important to understand the factors that can impact its price. As of today, the current price of Honkarakenne Oyj stands at 2.56, as last reported on the 26th of March, with the highest price reaching 2.60 and the lowest price hitting 2.53 during the day. Honkarakenne Oyj is risky at the moment. Honkarakenne Oyj B holds Efficiency (Sharpe) Ratio of 0.0479, which attests that the entity had a 0.0479 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Honkarakenne Oyj B, which you can use to evaluate the volatility of the firm. Please check out Honkarakenne Oyj's Downside Deviation of 2.69, market risk adjusted performance of (6.00), and Risk Adjusted Performance of 0.0473 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
Honkarakenne Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Honkarakenne |
Sharpe Ratio = 0.0479
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Estimated Market Risk
| 2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Honkarakenne Oyj 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 Honkarakenne Oyj by adding it to a well-diversified portfolio.
Honkarakenne Oyj Valuation on February 8, 2024
It is possible to determine the worth of Honkarakenne Oyj on a given historical date. On February 8, 2024 Honkarakenne was worth 3.38 at the beginning of the trading date compared to the closed value of 3.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Honkarakenne Oyj stock. Still, in general, we apply an absolute valuation method to find Honkarakenne Oyj'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 Honkarakenne Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Honkarakenne Oyj's related companies.
| Open | High | Low | Close | Volume | |
| 3.28 | 3.37 | 3.28 | 3.30 | 1,305 | |
02/08/2024 | 3.38 | 3.38 | 3.30 | 3.30 | 2,597 |
| 3.30 | 3.30 | 3.28 | 3.28 | 335.00 |
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Honkarakenne Oyj Trading Date Momentum on February 8, 2024
| On February 09 2024 Honkarakenne Oyj B was traded for 3.28 at the closing time. The highest price during the trading period was 3.30 and the lowest recorded bid was listed for 3.28 . The volume for the day was 335. This history from February 9, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.61% . The trading delta at closing time to the current price is 6.97% . |
Honkarakenne Oyj B Fundamentals Correlations and Trends
By evaluating Honkarakenne Oyj'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 Honkarakenne Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Honkarakenne financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Honkarakenne Oyj Stock history
Honkarakenne Oyj 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 Honkarakenne is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Honkarakenne Oyj B 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 Honkarakenne Oyj stock prices may prove useful in developing a viable investing in Honkarakenne Oyj
Honkarakenne Oyj designs, manufactures, and sells log house packages. Honkarakenne Oyj was founded in 1958 and is headquartered in Karstula, Finland. Honkarakenne Oyj operates under Residential Construction classification in Finland and is traded on Helsinki Exchange. It employs 147 people.
Honkarakenne Oyj Stock Technical Analysis
Honkarakenne Oyj 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
Honkarakenne Oyj Period Price Range
Low | March 26, 2025
| High |
0.00 | 0.00 |
Honkarakenne Oyj B cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki 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.
Honkarakenne Oyj March 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Honkarakenne Oyj stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Honkarakenne Oyj shares will generate the highest return on investment. By undertsting and applying Honkarakenne Oyj stock market strength indicators, traders can identify Honkarakenne Oyj B entry and exit signals to maximize returns
Honkarakenne Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Honkarakenne Oyj's price direction in advance. Along with the technical and fundamental analysis of Honkarakenne Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Honkarakenne 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 | 0.0473 | |||
| Jensen Alpha | 0.1165 | |||
| Total Risk Alpha | 0.1242 | |||
| Sortino Ratio | 0.0442 | |||
| Treynor Ratio | (6.01) |
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Complementary Tools for Honkarakenne Stock analysis
When running Honkarakenne Oyj's price analysis, check to measure Honkarakenne Oyj'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 Honkarakenne Oyj is operating at the current time. Most of Honkarakenne Oyj's value examination focuses on studying past and present price action to predict the probability of Honkarakenne Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honkarakenne Oyj's price. Additionally, you may evaluate how the addition of Honkarakenne Oyj to your portfolios can decrease your overall portfolio volatility.
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