Homasote Co Stock Price on April 19, 2023
| HMTC Stock | USD 4.15 0.05 1.19% |
If you're considering investing in Homasote Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Homasote stands at 4.15, as last reported on the 26th of December, with the highest price reaching 4.15 and the lowest price hitting 4.15 during the day. Homasote appears to be risky, given 3 months investment horizon. Homasote holds Efficiency (Sharpe) Ratio of 0.0818, which attests that the entity had a 0.0818% return per unit of risk over the last 3 months. We have found twenty technical indicators for Homasote, which you can use to evaluate the volatility of the firm. Please utilize Homasote's Market Risk Adjusted Performance of (0.48), risk adjusted performance of 0.0721, and Standard Deviation of 4.41 to validate if our risk estimates are consistent with your expectations.
Homasote Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Homasote |
Sharpe Ratio = 0.0818
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HMTC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.52 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Homasote is performing at about 6% 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 Homasote by adding it to a well-diversified portfolio.
Homasote Valuation on April 19, 2023
It is possible to determine the worth of Homasote on a given historical date. On April 19, 2023 Homasote was worth 10.42 at the beginning of the trading date compared to the closed value of 10.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Homasote pink sheet. Still, in general, we apply an absolute valuation method to find Homasote'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 Homasote where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Homasote's related companies.
| Open | High | Low | Close | Volume | |
| 10.42 | 10.42 | 10.42 | 10.42 | 1.00 | |
04/19/2023 | 10.42 | 10.42 | 10.42 | 10.42 | 1.00 |
| 10.42 | 10.42 | 10.42 | 10.42 | 1.00 |
| Backtest Homasote | | | Homasote History | | | Homasote Valuation | Previous | Next |
Homasote Trading Date Momentum on April 19, 2023
| On April 20 2023 Homasote Co was traded for 10.42 at the closing time. The top price for the day was 10.42 and the lowest listed price was 10.42 . There was no trading activity during the period 1.0. Lack of trading volume on April 20, 2023 did not cause price change. The trading delta at closing time against the current closing price is 0.00% . |
Homasote Fundamentals Correlations and Trends
By evaluating Homasote'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 Homasote's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Homasote financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Homasote Pink Sheet history
Homasote 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 Homasote is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Homasote 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 Homasote stock prices may prove useful in developing a viable investing in Homasote
Homasote Company manufactures and sells building and industrial products for the construction and manufacturing industries in the United States. Homasote Company was founded in 1909 and is based in West Trenton, New Jersey. Homasote operates under Lumber Wood Production classification in the United States and is traded on OTC Exchange.
Homasote Pink Sheet Technical Analysis
Homasote technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Homasote Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Homasote Co cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Homasote December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Homasote pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Homasote shares will generate the highest return on investment. By undertsting and applying Homasote pink sheet market strength indicators, traders can identify Homasote Co entry and exit signals to maximize returns
Homasote Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Homasote's price direction in advance. Along with the technical and fundamental analysis of Homasote Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Homasote 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 | 0.0721 | |||
| Jensen Alpha | 0.367 | |||
| Total Risk Alpha | 0.1511 | |||
| Treynor Ratio | (0.49) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Homasote Pink Sheet analysis
When running Homasote's price analysis, check to measure Homasote'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 Homasote is operating at the current time. Most of Homasote's value examination focuses on studying past and present price action to predict the probability of Homasote's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Homasote's price. Additionally, you may evaluate how the addition of Homasote to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |