HORN PETROLEUM (Germany) Price on June 21, 2023
| H73 Stock | EUR 0.02 0.01 140.00% |
If you're considering investing in HORN Stock, it is important to understand the factors that can impact its price. As of today, the current price of HORN PETROLEUM stands at 0.02, as last reported on the 25th of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. HORN PETROLEUM is out of control given 3 months investment horizon. HORN PETROLEUM holds Efficiency (Sharpe) Ratio of 0.0532, which attests that the entity had a 0.0532% return per unit of volatility over the last 3 months. We were able to analyze nineteen different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use HORN PETROLEUM risk adjusted performance of 0.0501, and Market Risk Adjusted Performance of 1.2 to evaluate company specific risk that cannot be diversified away.
HORN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HORN |
Sharpe Ratio = 0.0532
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Estimated Market Risk
| 19.18 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.02 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average HORN PETROLEUM is performing at about 4% 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 HORN PETROLEUM by adding it to a well-diversified portfolio.
HORN PETROLEUM Valuation on June 21, 2023
It is possible to determine the worth of HORN PETROLEUM on a given historical date. On June 21, 2023 HORN was worth 0.0863 at the beginning of the trading date compared to the closed value of 0.0863. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HORN PETROLEUM stock. Still, in general, we apply an absolute valuation method to find HORN PETROLEUM'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 HORN PETROLEUM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HORN PETROLEUM's related companies.
| Open | High | Low | Close | Volume | |
| 0.09 | 0.09 | 0.09 | 0.09 | 29,700 | |
06/21/2023 | 0.09 | 0.09 | 0.09 | 0.09 | 29,700 |
| 0.09 | 0.09 | 0.09 | 0.09 | 29,700 |
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HORN PETROLEUM Trading Date Momentum on June 21, 2023
| On June 22 2023 HORN PETROLEUM was traded for 0.09 at the closing time. The maximum traded price for the trading interval was 0.09 and the lowest daily price was 0.09 . The daily volume was recorded at 29.7 K. The volume of trading on 22nd of June 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.23% . The trading delta at closing time to the closing price today is 0.23% . |
HORN PETROLEUM Fundamentals Correlations and Trends
By evaluating HORN PETROLEUM'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 HORN PETROLEUM's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HORN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HORN PETROLEUM Stock history
HORN PETROLEUM 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 HORN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HORN PETROLEUM 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 HORN PETROLEUM stock prices may prove useful in developing a viable investing in HORN PETROLEUM
HORN PETROLEUM Stock Technical Analysis
HORN PETROLEUM 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
HORN PETROLEUM Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
HORN PETROLEUM cannot be verified against its exchange. Please verify the symbol is currently traded on Munich 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.
HORN PETROLEUM November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how HORN PETROLEUM stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HORN PETROLEUM shares will generate the highest return on investment. By undertsting and applying HORN PETROLEUM stock market strength indicators, traders can identify HORN PETROLEUM entry and exit signals to maximize returns
HORN PETROLEUM Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HORN PETROLEUM's price direction in advance. Along with the technical and fundamental analysis of HORN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HORN 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 | 0.0501 | |||
| Jensen Alpha | 0.8947 | |||
| Total Risk Alpha | (2.00) | |||
| Treynor Ratio | 1.19 |
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Additional Tools for HORN Stock Analysis
When running HORN PETROLEUM's price analysis, check to measure HORN PETROLEUM'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 HORN PETROLEUM is operating at the current time. Most of HORN PETROLEUM's value examination focuses on studying past and present price action to predict the probability of HORN PETROLEUM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HORN PETROLEUM's price. Additionally, you may evaluate how the addition of HORN PETROLEUM to your portfolios can decrease your overall portfolio volatility.