Hitachi Zosen (Germany) Price on September 19, 2024
HZS Stock | EUR 5.74 0.02 0.35% |
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 Zosen stands at 5.74, as last reported on the 14th of December 2024, with the highest price reaching 5.74 and the lowest price hitting 5.74 during the day. Hitachi Zosen holds Efficiency (Sharpe) Ratio of -0.0295, which attests that the entity had a -0.0295% return per unit of risk over the last 3 months. Hitachi Zosen exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hitachi Zosen's Standard Deviation of 2.06, risk adjusted performance of (0.01), and Market Risk Adjusted Performance of (0.15) to validate the risk estimate we provide.
Hitachi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hitachi |
Sharpe Ratio = -0.0295
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Estimated Market Risk
2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hitachi Zosen 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 Zosen by adding Hitachi Zosen to a well-diversified portfolio.
Hitachi Zosen Valuation on September 19, 2024
It is possible to determine the worth of Hitachi Zosen on a given historical date. On September 19, 2024 Hitachi was worth 5.98 at the beginning of the trading date compared to the closed value of 5.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hitachi Zosen stock. Still, in general, we apply an absolute valuation method to find Hitachi Zosen'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 Zosen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hitachi Zosen's related companies.
Open | High | Low | Close | Volume | |
6.00 | 6.00 | 6.00 | 6.00 | 1,527 | |
09/19/2024 | 5.98 | 5.98 | 5.98 | 5.98 | 1,527 |
6.03 | 6.03 | 6.03 | 6.03 | 1,527 |
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Hitachi Zosen Trading Date Momentum on September 19, 2024
On September 20 2024 Hitachi Zosen was traded for 6.03 at the closing time. The highest daily price throughout the period was 6.03 and the lowest price was 6.03 . The daily volume was 1.5 K. The net trading volume on 09/20/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.84% . The trading delta at closing time to current closing price is 3.51% . |
Hitachi Zosen Fundamentals Correlations and Trends
By evaluating Hitachi Zosen'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 Zosen'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 Zosen Stock history
Hitachi Zosen 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 Zosen 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 Zosen stock prices may prove useful in developing a viable investing in Hitachi Zosen
Hitachi Zosen Corporation designs and constructs machinery and systems worldwide. Hitachi Zosen Corporation was founded in 1881 and is headquartered in Osaka, Japan. Hitachi Zosen operates under Waste Management classification in Germany and traded on Frankfurt Stock Exchange. It employs 10377 people.
Hitachi Zosen Stock Technical Analysis
Hitachi Zosen 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 Zosen Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Hitachi Zosen 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 Zosen December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Hitachi Zosen 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 Zosen shares will generate the highest return on investment. By undertsting and applying Hitachi Zosen stock market strength indicators, traders can identify Hitachi Zosen entry and exit signals to maximize returns
Hitachi Zosen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hitachi Zosen'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 | (0.01) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | (0.16) |
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Complementary Tools for Hitachi Stock analysis
When running Hitachi Zosen's price analysis, check to measure Hitachi Zosen'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 Zosen is operating at the current time. Most of Hitachi Zosen's value examination focuses on studying past and present price action to predict the probability of Hitachi Zosen'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 Zosen's price. Additionally, you may evaluate how the addition of Hitachi Zosen to your portfolios can decrease your overall portfolio volatility.
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