Heidelberg Materials (Germany) Price on September 20, 2024
| HEI Stock | EUR 126.85 3.25 2.63% |
If you're considering investing in Heidelberg Stock, it is important to understand the factors that can impact its price. As of today, the current price of Heidelberg Materials stands at 126.85, as last reported on the 12th of December 2024, with the highest price reaching 126.85 and the lowest price hitting 122.50 during the day. Heidelberg Materials appears to be very steady, given 3 months investment horizon. Heidelberg Materials holds Efficiency (Sharpe) Ratio of 0.31, which attests that the entity had a 0.31% return per unit of risk over the last 3 months. By evaluating Heidelberg Materials' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Heidelberg Materials' Downside Deviation of 1.17, market risk adjusted performance of 0.5447, and Risk Adjusted Performance of 0.2314 to validate if our risk estimates are consistent with your expectations.
Heidelberg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Heidelberg |
Sharpe Ratio = 0.3134
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Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Heidelberg Materials is performing at about 24% 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 Heidelberg Materials by adding it to a well-diversified portfolio.
Heidelberg Materials Valuation on September 20, 2024
It is possible to determine the worth of Heidelberg Materials on a given historical date. On September 20, 2024 Heidelberg was worth 99.12 at the beginning of the trading date compared to the closed value of 99.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Heidelberg Materials stock. Still, in general, we apply an absolute valuation method to find Heidelberg Materials' 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 Heidelberg Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Heidelberg Materials' related companies.
| Open | High | Low | Close | Volume | |
| 96.06 | 99.84 | 96.06 | 99.66 | 725.00 | |
09/20/2024 | 99.12 | 99.28 | 99.12 | 99.28 | 300.00 |
| 98.82 | 98.98 | 98.14 | 98.98 | 200.00 |
| Backtest Heidelberg Materials | | | Heidelberg Materials History | | | Heidelberg Materials Valuation | Previous | Next |
Heidelberg Materials Trading Date Momentum on September 20, 2024
| On September 23 2024 Heidelberg Materials AG was traded for 98.98 at the closing time. The highest daily price throughout the period was 98.98 and the lowest price was 98.14 . The daily volume was 200. The net trading volume on 09/23/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.30% . The trading delta at closing time to current closing price is 0.71% . |
Heidelberg Materials Fundamentals Correlations and Trends
By evaluating Heidelberg Materials' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Heidelberg Materials' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Heidelberg financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Heidelberg Materials Stock history
Heidelberg Materials 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 Heidelberg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Heidelberg Materials 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 Heidelberg Materials stock prices may prove useful in developing a viable investing in Heidelberg Materials
HeidelbergCement AG produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. HeidelbergCement AG was founded in 1873 and is headquartered in Heidelberg, Germany. HEIDELBERGCEMENT operates under Building Materials classification in Germany and is traded on Frankfurt Stock Exchange. It employs 579 people.
Heidelberg Materials Stock Technical Analysis
Heidelberg Materials 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
Heidelberg Materials Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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Heidelberg Materials December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Heidelberg Materials stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Heidelberg Materials shares will generate the highest return on investment. By undertsting and applying Heidelberg Materials stock market strength indicators, traders can identify Heidelberg Materials AG entry and exit signals to maximize returns
Heidelberg Materials Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Heidelberg Materials' price direction in advance. Along with the technical and fundamental analysis of Heidelberg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Heidelberg 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 | 0.2314 | |||
| Jensen Alpha | 0.375 | |||
| Total Risk Alpha | 0.2305 | |||
| Sortino Ratio | 0.3104 | |||
| Treynor Ratio | 0.5347 |
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Complementary Tools for Heidelberg Stock analysis
When running Heidelberg Materials' price analysis, check to measure Heidelberg Materials' 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 Heidelberg Materials is operating at the current time. Most of Heidelberg Materials' value examination focuses on studying past and present price action to predict the probability of Heidelberg Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heidelberg Materials' price. Additionally, you may evaluate how the addition of Heidelberg Materials to your portfolios can decrease your overall portfolio volatility.
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