Hannover Re Stock Price on December 5, 2023
| HVRRY Stock | USD 42.51 0.08 0.19% |
If you're considering investing in Hannover Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Hannover stands at 42.51, as last reported on the 22nd of December, with the highest price reaching 43.00 and the lowest price hitting 42.03 during the day. Hannover Re holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. Hannover Re exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hannover's Risk Adjusted Performance of (0.08), market risk adjusted performance of (0.28), and Standard Deviation of 1.37 to validate the risk estimate we provide.
Hannover Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Hannover |
Sharpe Ratio = -0.1018
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Estimated Market Risk
| 1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hannover 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 Hannover by adding Hannover to a well-diversified portfolio.
Hannover Valuation on December 5, 2023
It is possible to determine the worth of Hannover on a given historical date. On December 5, 2023 Hannover was worth 119.46 at the beginning of the trading date compared to the closed value of 38.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hannover pink sheet. Still, in general, we apply an absolute valuation method to find Hannover'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 Hannover where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hannover's related companies.
| Open | High | Low | Close | Volume | |
| 38.56 | 38.56 | 38.56 | 38.56 | 3,165 | |
12/05/2023 | 119.46 | 39.56 | 37.62 | 38.59 | 6,480 |
| 117.78 | 39.02 | 37.08 | 38.05 | 3,396 |
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Hannover Trading Date Momentum on December 5, 2023
| On December 06 2023 Hannover Re was traded for 38.05 at the closing time. The highest daily price throughout the period was 39.02 and the lowest price was 37.08 . The daily volume was 3.4 K. The net trading volume on 12/06/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.40% . The trading delta at closing time to current closing price is 203.08% . |
Hannover Re Fundamentals Correlations and Trends
By evaluating Hannover'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 Hannover's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hannover financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hannover Pink Sheet history
Hannover 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 Hannover is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hannover Re 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 Hannover stock prices may prove useful in developing a viable investing in Hannover
Hannover Rck SE, together with its subsidiaries, provides reinsurance products and services worldwide. The company was founded in 1966 and is headquartered in Hanover, Germany. Hannover Ruckversich operates under InsuranceReinsurance classification in the United States and is traded on OTC Exchange. It employs 3435 people.
Hannover Pink Sheet Technical Analysis
Hannover 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
Hannover Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Hannover Re 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.
Hannover December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Hannover 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 Hannover shares will generate the highest return on investment. By undertsting and applying Hannover pink sheet market strength indicators, traders can identify Hannover Re entry and exit signals to maximize returns
Hannover Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hannover's price direction in advance. Along with the technical and fundamental analysis of Hannover Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hannover 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 | (0.08) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.29) |
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Additional Tools for Hannover Pink Sheet Analysis
When running Hannover's price analysis, check to measure Hannover'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 Hannover is operating at the current time. Most of Hannover's value examination focuses on studying past and present price action to predict the probability of Hannover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hannover's price. Additionally, you may evaluate how the addition of Hannover to your portfolios can decrease your overall portfolio volatility.