HOKURIKU (Germany) Price on March 28, 2024
6HO Stock | EUR 5.35 0.10 1.83% |
If you're considering investing in HOKURIKU Stock, it is important to understand the factors that can impact its price. As of today, the current price of HOKURIKU stands at 5.35, as last reported on the 11th of December 2024, with the highest price reaching 5.35 and the lowest price hitting 5.35 during the day. HOKURIKU EL PWR holds Efficiency (Sharpe) Ratio of -0.0533, which attests that the entity had a -0.0533% return per unit of risk over the last 3 months. HOKURIKU EL PWR exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HOKURIKU's Risk Adjusted Performance of (0.04), coefficient of variation of (1,647), and Market Risk Adjusted Performance of (1.38) to validate the risk estimate we provide.
HOKURIKU Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HOKURIKU |
Sharpe Ratio = -0.0533
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Estimated Market Risk
2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HOKURIKU 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 HOKURIKU by adding HOKURIKU to a well-diversified portfolio.
HOKURIKU Valuation on March 28, 2024
It is possible to determine the worth of HOKURIKU on a given historical date. On March 28, 2024 HOKURIKU was worth 4.8 at the beginning of the trading date compared to the closed value of 4.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HOKURIKU stock. Still, in general, we apply an absolute valuation method to find HOKURIKU'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 HOKURIKU where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HOKURIKU's related companies.
Open | High | Low | Close | Volume | |
4.74 | 4.74 | 4.74 | 4.74 | 1.00 | |
03/28/2024 | 4.80 | 4.82 | 4.80 | 4.82 | 1.00 |
4.74 | 4.74 | 4.72 | 4.72 | 1.00 |
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HOKURIKU Trading Date Momentum on March 28, 2024
On April 02 2024 HOKURIKU EL PWR was traded for 4.72 at the closing time. The highest daily price throughout the period was 4.74 and the lowest price was 4.72 . There was no trading activity during the period 1.0. Lack of trading volume on 04/02/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 2.07% . The trading delta at closing time to current closing price is 9.96% . |
HOKURIKU EL PWR Fundamentals Correlations and Trends
By evaluating HOKURIKU'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 HOKURIKU's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HOKURIKU financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HOKURIKU Stock history
HOKURIKU 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 HOKURIKU is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HOKURIKU EL PWR 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 HOKURIKU stock prices may prove useful in developing a viable investing in HOKURIKU
Hokuriku Electric Power Company supplies electricity through integrated power generation, transmission, and distribution systems in Japan. Hokuriku Electric Power Company was founded in 1951 and is headquartered in Toyama, Japan. HOKURIKU operates under UtilitiesRenewable classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8326 people.
HOKURIKU Stock Technical Analysis
HOKURIKU 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
HOKURIKU Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
HOKURIKU EL PWR 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.
HOKURIKU December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how HOKURIKU stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HOKURIKU shares will generate the highest return on investment. By undertsting and applying HOKURIKU stock market strength indicators, traders can identify HOKURIKU EL PWR entry and exit signals to maximize returns
HOKURIKU Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HOKURIKU's price direction in advance. Along with the technical and fundamental analysis of HOKURIKU Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HOKURIKU 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 | (0.04) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.60) | |||
Treynor Ratio | (1.39) |
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Complementary Tools for HOKURIKU Stock analysis
When running HOKURIKU's price analysis, check to measure HOKURIKU'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 HOKURIKU is operating at the current time. Most of HOKURIKU's value examination focuses on studying past and present price action to predict the probability of HOKURIKU's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HOKURIKU's price. Additionally, you may evaluate how the addition of HOKURIKU to your portfolios can decrease your overall portfolio volatility.
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