Hudbay Minerals Stock Price on September 1, 2023
| HBM Stock | CAD 12.49 0.23 1.88% |
Below is the normalized historical share price chart for HudBay Minerals extending back to August 02, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of HudBay Minerals stands at 12.49, as last reported on the 30th of November, with the highest price reaching 12.53 and the lowest price hitting 12.24 during the day.
If you're considering investing in HudBay Stock, it is important to understand the factors that can impact its price. HudBay Minerals appears to be somewhat reliable, given 3 months investment horizon. HudBay Minerals holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for HudBay Minerals, which you can use to evaluate the volatility of the firm. Please utilize HudBay Minerals' Market Risk Adjusted Performance of 0.2648, risk adjusted performance of 0.0815, and Downside Deviation of 3.1 to validate if our risk estimates are consistent with your expectations.
At this time, HudBay Minerals' Other Stockholder Equity is very stable compared to the past year. As of the 30th of November 2024, Issuance Of Capital Stock is likely to grow to about 15.1 M, while Total Stockholder Equity is likely to drop about 1.3 B. . At this time, HudBay Minerals' Price Earnings Ratio is very stable compared to the past year. As of the 30th of November 2024, Price Book Value Ratio is likely to grow to 1.35, while Price To Sales Ratio is likely to drop 0.96. HudBay Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 11.2398 | 50 Day MA 12.5174 | Beta 1.832 |
HudBay |
Sharpe Ratio = 0.1392
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Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average HudBay Minerals 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 HudBay Minerals by adding it to a well-diversified portfolio.
Price Book 1.3839 | Enterprise Value Ebitda 5.754 | Price Sales 2.42 | Shares Float 354.1 M | Wall Street Target Price 11.4527 |
HudBay Minerals Valuation on September 1, 2023
It is possible to determine the worth of HudBay Minerals on a given historical date. On September 1, 2023 HudBay was worth 6.89 at the beginning of the trading date compared to the closed value of 6.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HudBay Minerals stock. Still, in general, we apply an absolute valuation method to find HudBay Minerals' 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 HudBay Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HudBay Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 6.71 | 6.72 | 6.65 | 6.71 | 1,114,200 | |
09/01/2023 | 6.89 | 6.97 | 6.77 | 6.79 | 1,278,600 |
| 6.72 | 6.74 | 6.60 | 6.62 | 977,900 |
| Backtest HudBay Minerals | | | HudBay Minerals History | | | HudBay Minerals Valuation | Previous | Next |
HudBay Minerals Trading Date Momentum on September 1, 2023
| On September 05 2023 HudBay Minerals was traded for 6.62 at the closing time. The maximum traded price for the trading interval was 6.74 and the lowest daily price was 6.60 . The daily volume was recorded at 977.9 K. The volume of trading on 5th of September 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.50% . The trading delta at closing time to the closing price today is 3.83% . |
HudBay Minerals Fundamentals Correlations and Trends
By evaluating HudBay Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among HudBay Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HudBay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HudBay Minerals Stock history
HudBay Minerals 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 HudBay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HudBay Minerals 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 HudBay Minerals stock prices may prove useful in developing a viable investing in HudBay Minerals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 311 M | 156.9 M | |
| Net Income Applicable To Common Shares | 63.3 M | 66.5 M |
HudBay Minerals Stock Technical Analysis
HudBay Minerals 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
HudBay Minerals Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
HudBay Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
HudBay Minerals November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how HudBay Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HudBay Minerals shares will generate the highest return on investment. By undertsting and applying HudBay Minerals stock market strength indicators, traders can identify HudBay Minerals entry and exit signals to maximize returns
HudBay Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HudBay Minerals' price direction in advance. Along with the technical and fundamental analysis of HudBay Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HudBay 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 | 0.0815 | |||
| Jensen Alpha | 0.1389 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0485 | |||
| Treynor Ratio | 0.2548 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HudBay Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.