Hovnanian Enterprises Pfd Preferred Stock Price on December 22, 2024
| HOVNP Preferred Stock | USD 17.69 0.06 0.34% |
If you're considering investing in Hovnanian Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hovnanian Enterprises stands at 17.69, as last reported on the 22nd of December, with the highest price reaching 17.94 and the lowest price hitting 17.56 during the day. Currently, Hovnanian Enterprises PFD is very steady. Hovnanian Enterprises PFD holds Efficiency (Sharpe) Ratio of 0.0363, which attests that the entity had a 0.0363% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hovnanian Enterprises PFD, which you can use to evaluate the volatility of the firm. Please check out Hovnanian Enterprises' Market Risk Adjusted Performance of (0.19), risk adjusted performance of 0.0198, and Downside Deviation of 0.3517 to validate if the risk estimate we provide is consistent with the expected return of 0.0168%.
Hovnanian Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hovnanian |
Sharpe Ratio = 0.0363
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Estimated Market Risk
| 0.46 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Hovnanian Enterprises is performing at about 2% 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 Hovnanian Enterprises by adding it to a well-diversified portfolio.
Hovnanian Enterprises Valuation on December 22, 2024
It is possible to determine the worth of Hovnanian Enterprises on a given historical date. On December 22, 2024 Hovnanian was worth 17.75 at the beginning of the trading date compared to the closed value of 17.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hovnanian Enterprises preferred stock. Still, in general, we apply an absolute valuation method to find Hovnanian Enterprises' 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 Hovnanian Enterprises where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hovnanian Enterprises' related companies.
| Open | High | Low | Close | Volume | |
| 17.75 | 17.94 | 17.56 | 17.69 | 29,766 | |
12/22/2024 | 17.75 | 17.94 | 17.56 | 17.69 | 0.00 |
| Backtest Hovnanian Enterprises | | | Hovnanian Enterprises History | | | Hovnanian Enterprises Valuation | Previous |
Hovnanian Enterprises Trading Date Momentum on December 22, 2024
| On December 22 2024 Hovnanian Enterprises PFD was traded for 17.69 at the closing time. The highest daily price throughout the period was 17.94 and the lowest price was 17.56 . There was no trading activity during the period 0.0. Lack of trading volume on 12/22/2024 did not cause price change. The trading delta at closing time to current closing price is 0.34% . |
Hovnanian Enterprises PFD Fundamentals Correlations and Trends
By evaluating Hovnanian Enterprises' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hovnanian Enterprises' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hovnanian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hovnanian Enterprises Preferred Stock history
Hovnanian Enterprises 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 Hovnanian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hovnanian Enterprises PFD 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 Hovnanian Enterprises stock prices may prove useful in developing a viable investing in Hovnanian Enterprises
Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. The company was founded in 1959 and is headquartered in Red Bank, New Jersey. Hovnanian Enterprises operates under Residential Construction classification in USA and is traded on NASDAQ General Markets. It employs 1905 people.
Hovnanian Enterprises Preferred Stock Technical Analysis
Hovnanian Enterprises technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Hovnanian Enterprises Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Hovnanian Enterprises PFD 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.
Hovnanian Enterprises December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Hovnanian Enterprises preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hovnanian Enterprises shares will generate the highest return on investment. By undertsting and applying Hovnanian Enterprises preferred stock market strength indicators, traders can identify Hovnanian Enterprises PFD entry and exit signals to maximize returns
Hovnanian Enterprises Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hovnanian Enterprises' price direction in advance. Along with the technical and fundamental analysis of Hovnanian Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hovnanian 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 | 0.0198 | |||
| Jensen Alpha | 0.0063 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.20) |
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Additional Tools for Hovnanian Preferred Stock Analysis
When running Hovnanian Enterprises' price analysis, check to measure Hovnanian Enterprises' 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 Hovnanian Enterprises is operating at the current time. Most of Hovnanian Enterprises' value examination focuses on studying past and present price action to predict the probability of Hovnanian Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hovnanian Enterprises' price. Additionally, you may evaluate how the addition of Hovnanian Enterprises to your portfolios can decrease your overall portfolio volatility.