James Hardie Industries Stock Price on December 10, 2024
JHX Stock | USD 33.94 0.26 0.76% |
If you're considering investing in James Stock, it is important to understand the factors that can impact its price. As of today, the current price of James Hardie stands at 33.94, as last reported on the 14th of December 2024, with the highest price reaching 34.49 and the lowest price hitting 33.77 during the day. James Hardie Industries holds Efficiency (Sharpe) Ratio of -0.029, which attests that the entity had a -0.029% return per unit of risk over the last 3 months. James Hardie Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out James Hardie's Market Risk Adjusted Performance of (0.11), standard deviation of 2.62, and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide.
James Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
James |
Sharpe Ratio = -0.029
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Estimated Market Risk
2.62 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.08 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 James Hardie 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 James Hardie by adding James Hardie to a well-diversified portfolio.
Related Headline
Summit Materials Headline on 10th of December 2024
Disposition of 1536 shares by Chris Gaskill of Summit Materi... by Chris Gaskill
Filed transaction by Summit Materials Officer: See Remarks. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
James Hardie Valuation on December 10, 2024
It is possible to determine the worth of James Hardie on a given historical date. On December 10, 2024 James was worth 35.14 at the beginning of the trading date compared to the closed value of 34.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of James Hardie stock. Still, in general, we apply an absolute valuation method to find James Hardie'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 James Hardie where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against James Hardie's related companies.
Open | High | Low | Close | Volume | |
35.71 | 35.86 | 35.23 | 35.35 | 61,493 | |
12/10/2024 | 35.14 | 35.28 | 34.62 | 34.75 | 57,625 |
34.74 | 34.77 | 34.31 | 34.60 | 68,826 |
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James Hardie Trading Date Momentum on December 10, 2024
On December 11 2024 James Hardie Industries was traded for 34.60 at the closing time. Highest James Hardie's price during the trading hours was 34.77 and the lowest price during the day was 34.31 . The net volume was 68.8 K. The overall trading history on the 11th of December 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.43% . The trading delta at closing time to current price is 1.96% . |
James Hardie Industries Fundamentals Correlations and Trends
By evaluating James Hardie'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 James Hardie's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. James financial account trend analysis is a perfect complement when working with valuation or volatility modules.About James Hardie Stock history
James Hardie 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 James is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in James Hardie Industries 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 James Hardie stock prices may prove useful in developing a viable investing in James Hardie
James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, the Philippines, and Canada. James Hardie Industries plc was founded in 1888 and is based in Dublin, Ireland. James Hardie operates under Building Materials classification in the United States and is traded on New York Stock Exchange.
James Hardie Stock Technical Analysis
James Hardie 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
James Hardie Period Price Range
Low | December 14, 2024
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0.00 | 0.00 |
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James Hardie December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how James Hardie stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading James Hardie shares will generate the highest return on investment. By undertsting and applying James Hardie stock market strength indicators, traders can identify James Hardie Industries entry and exit signals to maximize returns
James Hardie Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for James Hardie's price direction in advance. Along with the technical and fundamental analysis of James Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of James 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 | (0.15) | |||
Total Risk Alpha | (0.41) | |||
Treynor Ratio | (0.12) |
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Additional Tools for James Stock Analysis
When running James Hardie's price analysis, check to measure James Hardie'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 James Hardie is operating at the current time. Most of James Hardie's value examination focuses on studying past and present price action to predict the probability of James Hardie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move James Hardie's price. Additionally, you may evaluate how the addition of James Hardie to your portfolios can decrease your overall portfolio volatility.