Hess Corporation Stock Price on March 6, 2024

HES Stock  USD 128.19  0.53  0.42%   
Below is the normalized historical share price chart for Hess Corporation extending back to March 17, 1980. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hess stands at 128.19, as last reported on the 20th of December, with the highest price reaching 129.14 and the lowest price hitting 127.36 during the day.
IPO Date
6th of April 1983
200 Day MA
144.7727
50 Day MA
140.7186
Beta
1.16
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Hess Stock, it is important to understand the factors that can impact its price. Hess holds Efficiency (Sharpe) Ratio of -0.055, which attests that the entity had a -0.055% return per unit of risk over the last 3 months. Hess exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hess' Standard Deviation of 1.28, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.09) to validate the risk estimate we provide.
  
At this time, Hess' Common Stock Shares Outstanding is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 6.8 B in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 20.3 B in 2024. . At this time, Hess' Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 38.48 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.90). Hess Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.055

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Negative ReturnsHES

Estimated Market Risk

 1.29
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.07
  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 Hess 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 Hess by adding Hess to a well-diversified portfolio.
Price Book
3.635
Enterprise Value Ebitda
6.6952
Price Sales
3.1692
Shares Float
283.5 M
Dividend Share
1.813

Hess Valuation on March 6, 2024

It is possible to determine the worth of Hess on a given historical date. On March 6, 2024 Hess was worth 145.49 at the beginning of the trading date compared to the closed value of 141.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hess stock. Still, in general, we apply an absolute valuation method to find Hess' 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 Hess where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hess' related companies.
 Open High Low Close Volume
  143.85    145.42    143.05    144.41    2,461,500  
03/06/2024
  145.49    146.37    140.84    141.11    8,104,500  
  141.43    143.53    141.26    142.40    4,247,500  
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Open Value
145.49
141.62
Downside
141.11
Closing Value
149.36
Upside

Hess Trading Date Momentum on March 6, 2024

On March 07 2024 Hess Corporation was traded for  142.40  at the closing time. Highest Hess's price during the trading hours was 143.53  and the lowest price during the day was  141.26 . The net volume was 4.2 M. The overall trading history on the 7th of March contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 0.91% . The trading delta at closing time to current price is 6.01% .

Hess Fundamentals Correlations and Trends

By evaluating Hess' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hess' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hess financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hess Stock history

Hess 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 Hess is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hess 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 Hess stock prices may prove useful in developing a viable investing in Hess
Last ReportedProjected for Next Year
Common Stock Shares Outstanding307.6 M318.7 M
Net Income Applicable To Common SharesB2.1 B

Hess Quarterly Net Working Capital

767 Million

Hess Stock Technical Analysis

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

Hess Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

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Hess Corporation cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Hess December 20, 2024 Market Strength

Market strength indicators help investors to evaluate how Hess stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hess shares will generate the highest return on investment. By undertsting and applying Hess stock market strength indicators, traders can identify Hess Corporation entry and exit signals to maximize returns

Hess Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hess' price direction in advance. Along with the technical and fundamental analysis of Hess Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hess 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.

Additional Tools for Hess Stock Analysis

When running Hess' price analysis, check to measure Hess' 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 Hess is operating at the current time. Most of Hess' value examination focuses on studying past and present price action to predict the probability of Hess' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hess' price. Additionally, you may evaluate how the addition of Hess to your portfolios can decrease your overall portfolio volatility.