Honkarakenne Oyj (Finland) Price on August 21, 2024

HONBS Stock  EUR 2.42  0.04  1.63%   
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 2.42, as last reported on the 7th of January, with the highest price reaching 2.48 and the lowest price hitting 2.41 during the day. Honkarakenne Oyj B holds Efficiency (Sharpe) Ratio of -0.18, which attests that the entity had a -0.18% return per unit of risk over the last 3 months. Honkarakenne Oyj B exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Honkarakenne Oyj's Standard Deviation of 1.73, risk adjusted performance of (0.14), and Market Risk Adjusted Performance of 3.36 to validate the risk estimate we provide.
  
Honkarakenne Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1785

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Estimated Market Risk

 1.73
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.31
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Honkarakenne Oyj 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 Honkarakenne Oyj by adding Honkarakenne Oyj to a well-diversified portfolio.

Honkarakenne Oyj Valuation on August 21, 2024

It is possible to determine the worth of Honkarakenne Oyj on a given historical date. On August 21, 2024 Honkarakenne was worth 2.87 at the beginning of the trading date compared to the closed value of 2.81. 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
  2.88    2.88    2.80    2.88    1,797  
08/21/2024
  2.87    2.87    2.81    2.81    160.00  
  2.85    2.94    2.81    2.94    2,906  
Backtest Honkarakenne Oyj  |  Honkarakenne Oyj History  |  Honkarakenne Oyj Valuation   PreviousNext  
Open Value
2.87
2.81
Closing Value
8.06
Upside

Honkarakenne Oyj Trading Date Momentum on August 21, 2024

On August 22 2024 Honkarakenne Oyj B was traded for  2.94  at the closing time. The highest price during the trading period was 2.94  and the lowest recorded bid was listed for  2.81 . The volume for the day was 2.9 K. This history from August 22, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 4.63% . The trading delta at closing time to the current price is 0.71% .

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

Honkarakenne Oyj Period Price Range

Low
January 7, 2025
0.00  NaN%
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 January 7, 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.

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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