Hites SA (Chile) Price on December 11, 2024
HITES Stock | CLP 68.08 0.16 0.23% |
If you're considering investing in Hites Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hites SA stands at 68.08, as last reported on the 12th of December 2024, with the highest price reaching 68.08 and the lowest price hitting 65.00 during the day. Hites SA holds Efficiency (Sharpe) Ratio of -0.22, which attests that the entity had a -0.22% return per unit of risk over the last 3 months. Hites SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hites SA's Risk Adjusted Performance of (0.13), standard deviation of 2.64, and Market Risk Adjusted Performance of 0.9567 to validate the risk estimate we provide.
Hites Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hites |
Sharpe Ratio = -0.2199
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Estimated Market Risk
2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.65 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hites SA 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 Hites SA by adding Hites SA to a well-diversified portfolio.
Hites SA Valuation on December 11, 2024
It is possible to determine the worth of Hites SA on a given historical date. On December 11, 2024 Hites was worth 65.0 at the beginning of the trading date compared to the closed value of 68.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hites SA stock. Still, in general, we apply an absolute valuation method to find Hites SA'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 Hites SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hites SA's related companies.
Open | High | Low | Close | Volume | |
68.50 | 68.50 | 68.00 | 68.08 | 220,092 | |
12/11/2024 | 65.00 | 68.08 | 65.00 | 68.08 | 40,548 |
Backtest Hites SA | | | Hites SA History | | | Hites SA Valuation | Previous |
Hites SA Trading Date Momentum on December 11, 2024
On December 11 2024 Hites SA was traded for 68.08 at the closing time. The highest price during the trading period was 68.08 and the lowest recorded bid was listed for 65.00 . The volume for the day was 40.5 K. This history from December 11, 2024 did not cause price change. The trading delta at closing time to the current price is 4.52% . |
Hites SA Fundamentals Correlations and Trends
By evaluating Hites SA'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 Hites SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hites financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hites SA Stock history
Hites SA 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 Hites is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hites SA 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 Hites SA stock prices may prove useful in developing a viable investing in Hites SA
Hites SA Stock Technical Analysis
Hites SA 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
Hites SA Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Hites SA cannot be verified against its exchange. Please verify the symbol is currently traded on Chilean 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.
Hites SA December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Hites SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hites SA shares will generate the highest return on investment. By undertsting and applying Hites SA stock market strength indicators, traders can identify Hites SA entry and exit signals to maximize returns
Hites SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hites SA's price direction in advance. Along with the technical and fundamental analysis of Hites Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hites 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 | (0.13) | |||
Jensen Alpha | (0.46) | |||
Total Risk Alpha | (0.94) | |||
Treynor Ratio | 0.9467 |
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Additional Tools for Hites Stock Analysis
When running Hites SA's price analysis, check to measure Hites SA'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 Hites SA is operating at the current time. Most of Hites SA's value examination focuses on studying past and present price action to predict the probability of Hites SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hites SA's price. Additionally, you may evaluate how the addition of Hites SA to your portfolios can decrease your overall portfolio volatility.