Hanza AB (Sweden) Price on November 22, 2024
| HANZA Stock | SEK 66.90 0.60 0.89% |
If you're considering investing in Hanza Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hanza AB stands at 66.90, as last reported on the 27th of November, with the highest price reaching 68.35 and the lowest price hitting 66.85 during the day. Currently, Hanza AB is very steady. Hanza AB holds Efficiency (Sharpe) Ratio of 0.0437, which attests that the entity had a 0.0437% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hanza AB, which you can use to evaluate the volatility of the firm. Please check out Hanza AB's Market Risk Adjusted Performance of (16.50), downside deviation of 2.34, and Risk Adjusted Performance of 0.0581 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
Hanza Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hanza |
Sharpe Ratio = 0.0437
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Estimated Market Risk
| 2.99 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Hanza AB is performing at about 3% 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 Hanza AB by adding it to a well-diversified portfolio.
Hanza AB Valuation on November 22, 2024
It is possible to determine the worth of Hanza AB on a given historical date. On November 22, 2024 Hanza was worth 66.1 at the beginning of the trading date compared to the closed value of 68.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hanza AB stock. Still, in general, we apply an absolute valuation method to find Hanza AB'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 Hanza AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hanza AB's related companies.
| Open | High | Low | Close | Volume | |
| 65.80 | 66.00 | 64.75 | 65.55 | 45,594 | |
11/22/2024 | 66.10 | 69.70 | 66.10 | 68.05 | 65,863 |
| 68.50 | 68.95 | 65.80 | 65.85 | 45,889 |
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Hanza AB Trading Date Momentum on November 22, 2024
| On November 25 2024 Hanza AB was traded for 65.85 at the closing time. The highest price during the trading period was 68.95 and the lowest recorded bid was listed for 65.80 . The volume for the day was 45.9 K. This history from November 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.23% . The trading delta at closing time to the current price is 1.40% . |
Hanza AB Fundamentals Correlations and Trends
By evaluating Hanza AB'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 Hanza AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hanza financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hanza AB Stock history
Hanza AB 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 Hanza is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hanza AB 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 Hanza AB stock prices may prove useful in developing a viable investing in Hanza AB
Hanza Holding AB provides manufacturing solutions in Sweden, Finland, Estonia, Poland, the Czech Republic, and China. Hanza Holding AB was founded in 2008 and is headquartered in Stocksund, Sweden. Hanza Holding operates under Business Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1566 people.
Hanza AB Stock Technical Analysis
Hanza AB 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
Hanza AB Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Hanza AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Hanza AB November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Hanza AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hanza AB shares will generate the highest return on investment. By undertsting and applying Hanza AB stock market strength indicators, traders can identify Hanza AB entry and exit signals to maximize returns
Hanza AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hanza AB's price direction in advance. Along with the technical and fundamental analysis of Hanza Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hanza 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 | 0.0581 | |||
| Jensen Alpha | 0.1896 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.029 | |||
| Treynor Ratio | (16.51) |
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Additional Tools for Hanza Stock Analysis
When running Hanza AB's price analysis, check to measure Hanza AB'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 Hanza AB is operating at the current time. Most of Hanza AB's value examination focuses on studying past and present price action to predict the probability of Hanza AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanza AB's price. Additionally, you may evaluate how the addition of Hanza AB to your portfolios can decrease your overall portfolio volatility.