HOYA (Germany) Price on September 23, 2024
| HYB Stock | EUR 126.45 0.40 0.32% |
If you're considering investing in HOYA Stock, it is important to understand the factors that can impact its price. As of today, the current price of HOYA stands at 126.45, as last reported on the 11th of December 2024, with the highest price reaching 126.45 and the lowest price hitting 126.45 during the day. HOYA appears to be very steady, given 3 months investment horizon. HOYA holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of standard deviation over the last 3 months. By examining HOYA's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please utilize HOYA's risk adjusted performance of 0.1048, and Market Risk Adjusted Performance of 1.14 to validate if our risk estimates are consistent with your expectations.
HOYA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HOYA |
Sharpe Ratio = 0.1328
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Estimated Market Risk
| 6.76 actual daily | 60 60% of assets are less volatile |
Expected Return
| 0.9 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average HOYA is performing at about 10% 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 HOYA by adding it to a well-diversified portfolio.
HOYA Valuation on September 23, 2024
It is possible to determine the worth of HOYA on a given historical date. On September 23, 2024 HOYA was worth 79.52 at the beginning of the trading date compared to the closed value of 79.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HOYA stock. Still, in general, we apply an absolute valuation method to find HOYA'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 HOYA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HOYA's related companies.
| Open | High | Low | Close | Volume | |
| 80.36 | 80.36 | 80.36 | 80.36 | 1.00 | |
09/23/2024 | 79.52 | 79.52 | 79.52 | 79.52 | 1.00 |
| 81.05 | 81.92 | 81.05 | 81.92 | 40.00 |
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HOYA Trading Date Momentum on September 23, 2024
| On September 24 2024 HOYA Corporation was traded for 81.92 at the closing time. The highest daily price throughout the period was 81.92 and the lowest price was 81.05 . The daily volume was 40.0. The net trading volume on 09/24/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 3.02% . The trading delta at closing time to current closing price is 55.06% . |
HOYA Fundamentals Correlations and Trends
By evaluating HOYA'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 HOYA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HOYA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HOYA Stock history
HOYA 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 HOYA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HOYA 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 HOYA stock prices may prove useful in developing a viable investing in HOYA
HOYA Corporation engages in the life care and information technology businesses. HOYA Corporation was founded in 1941 and is headquartered in Tokyo, Japan. HOYA CORP is traded on Frankfurt Stock Exchange in Germany.
HOYA Stock Technical Analysis
HOYA 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
HOYA Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
HOYA Corporation 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.
HOYA December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how HOYA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HOYA shares will generate the highest return on investment. By undertsting and applying HOYA stock market strength indicators, traders can identify HOYA Corporation entry and exit signals to maximize returns
HOYA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HOYA's price direction in advance. Along with the technical and fundamental analysis of HOYA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HOYA 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 | 0.1048 | |||
| Jensen Alpha | 0.7912 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.3382 | |||
| Treynor Ratio | 1.13 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for HOYA Stock analysis
When running HOYA's price analysis, check to measure HOYA'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 HOYA is operating at the current time. Most of HOYA's value examination focuses on studying past and present price action to predict the probability of HOYA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HOYA's price. Additionally, you may evaluate how the addition of HOYA to your portfolios can decrease your overall portfolio volatility.
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