Hour Loop Stock Price on December 10, 2024

HOUR Stock  USD 1.61  0.02  1.26%   
If you're considering investing in Hour Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hour Loop stands at 1.61, as last reported on the 15th of December 2024, with the highest price reaching 1.68 and the lowest price hitting 1.50 during the day. Hour Loop appears to be dangerous, given 3 months investment horizon. Hour Loop holds Efficiency (Sharpe) Ratio of 0.0746, which attests that the entity had a 0.0746% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hour Loop, which you can use to evaluate the volatility of the firm. Please utilize Hour Loop's Downside Deviation of 4.05, market risk adjusted performance of 0.7568, and Risk Adjusted Performance of 0.0639 to validate if our risk estimates are consistent with your expectations.
  
At this time, Hour Loop's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 12/15/2024, Other Stockholder Equity is likely to grow to about 6 M, while Liabilities And Stockholders Equity is likely to drop slightly above 17.3 M. . As of 12/15/2024, Price To Sales Ratio is likely to drop to 0.35. In addition to that, Price Earnings Ratio is likely to drop to -20.91. Hour Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0746

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsHOUR
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 5.0
  actual daily
44
56% of assets are more volatile

Expected Return

 0.37
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Hour Loop is performing at about 5% 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 Hour Loop by adding it to a well-diversified portfolio.
Price Book
8.4668
Enterprise Value Ebitda
21.8253
Price Sales
0.3952
Shares Float
1.7 M
Wall Street Target Price
1.75

Hour Loop Main Headline on 10th of December 2024

NOW AVAILABLE IN DISPENSARIES ACROSS ONTARIO JUST IN TIME FOR DRY JANUARY...

Hour Loop Valuation on December 10, 2024

It is possible to determine the worth of Hour Loop on a given historical date. On December 10, 2024 Hour was worth 1.46 at the beginning of the trading date compared to the closed value of 1.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hour Loop stock. Still, in general, we apply an absolute valuation method to find Hour Loop'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 Hour Loop where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hour Loop's related companies.
 Open High Low Close Volume
  1.36    1.47    1.35    1.42    14,371  
12/10/2024
  1.46    1.46    1.36    1.46    12,053  
  1.44    1.74    1.42    1.64    44,565  
Backtest Hour Loop  |  Hour Loop History  |  Hour Loop Valuation   PreviousNext  
Open Value
1.46
1.46
Closing Value
16.45
Upside

Hour Loop Trading Date Momentum on December 10, 2024

On December 11 2024 Hour Loop was traded for  1.64  at the closing time. The top price for the day was 1.74  and the lowest listed price was  1.42 . The trading volume for the day was 44.6 K. The trading history from December 11, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 12.33% . The trading delta at closing time against the current closing price is 5.48% .

Hour Loop Fundamentals Correlations and Trends

By evaluating Hour Loop'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 Hour Loop's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hour financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hour Loop Stock history

Hour Loop 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 Hour is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hour Loop 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 Hour Loop stock prices may prove useful in developing a viable investing in Hour Loop
Last ReportedProjected for Next Year
Common Stock Shares Outstanding35.1 M37.7 M
Net Income Applicable To Common Shares5.5 MM

Hour Loop Quarterly Net Working Capital

10.04 Million

Hour Loop Stock Technical Analysis

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

Hour Loop Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hour Loop cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Hour Loop December 15, 2024 Market Strength

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

Hour Loop Technical and Predictive Indicators

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

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