Heartland Express (Germany) Price on January 2, 2024
HLX Stock | EUR 10.60 0.18 1.67% |
If you're considering investing in Heartland Stock, it is important to understand the factors that can impact its price. As of today, the current price of Heartland Express stands at 10.60, as last reported on the 29th of December, with the highest price reaching 10.60 and the lowest price hitting 10.60 during the day. Heartland Express holds Efficiency (Sharpe) Ratio of -0.0046, which attests that the entity had a -0.0046% return per unit of standard deviation over the last 3 months. Heartland Express exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Heartland Express' market risk adjusted performance of (0), and Risk Adjusted Performance of 0.0096 to validate the risk estimate we provide.
Heartland Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Heartland |
Sharpe Ratio = -0.0046
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Estimated Market Risk
1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Heartland Express 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 Heartland Express by adding Heartland Express to a well-diversified portfolio.
Heartland Express Valuation on January 2, 2024
It is possible to determine the worth of Heartland Express on a given historical date. On January 2, 2024 Heartland was worth 12.8 at the beginning of the trading date compared to the closed value of 12.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Heartland Express stock. Still, in general, we apply an absolute valuation method to find Heartland Express' 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 Heartland Express where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Heartland Express' related companies.
Open | High | Low | Close | Volume | |
12.90 | 12.90 | 12.90 | 12.90 | 1.00 | |
01/02/2024 | 12.80 | 12.80 | 12.80 | 12.80 | 1.00 |
12.51 | 12.51 | 12.51 | 12.51 | 1.00 |
Backtest Heartland Express | | | Heartland Express History | | | Heartland Express Valuation | Previous | Next |
Heartland Express Trading Date Momentum on January 2, 2024
On January 03 2024 Heartland Express was traded for 12.51 at the closing time. The highest daily price throughout the period was 12.51 and the lowest price was 12.51 . There was no trading activity during the period 1.0. Lack of trading volume on 01/03/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.27% . The trading delta at closing time to current closing price is 6.95% . |
Heartland Express Fundamentals Correlations and Trends
By evaluating Heartland Express' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Heartland Express' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Heartland financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Heartland Express Stock history
Heartland Express 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 Heartland is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Heartland Express 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 Heartland Express stock prices may prove useful in developing a viable investing in Heartland Express
Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium haul truckload carrier in the United States and Canada. Heartland Express, Inc. was founded in 1978 and is headquartered in North Liberty, Iowa. HEARTLAND EXPRESS operates under Trucking classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3450 people.
Heartland Express Stock Technical Analysis
Heartland Express 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
Heartland Express Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Heartland Express 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.
Heartland Express December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Heartland Express stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Heartland Express shares will generate the highest return on investment. By undertsting and applying Heartland Express stock market strength indicators, traders can identify Heartland Express entry and exit signals to maximize returns
Heartland Express Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Heartland Express' price direction in advance. Along with the technical and fundamental analysis of Heartland Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Heartland 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 | 0.0096 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (0.01) |
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Volume Indicators |
Complementary Tools for Heartland Stock analysis
When running Heartland Express' price analysis, check to measure Heartland Express' 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 Heartland Express is operating at the current time. Most of Heartland Express' value examination focuses on studying past and present price action to predict the probability of Heartland Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heartland Express' price. Additionally, you may evaluate how the addition of Heartland Express to your portfolios can decrease your overall portfolio volatility.
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