HEG (India) Price on October 23, 2024
| HEG Stock | 568.30 21.35 3.90% |
Below is the normalized historical share price chart for HEG Limited extending back to July 01, 2002. 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 HEG stands at 568.30, as last reported on the 15th of December 2024, with the highest price reaching 575.00 and the lowest price hitting 544.60 during the day.
If you're considering investing in HEG Stock, it is important to understand the factors that can impact its price. HEG appears to be very steady, given 3 months investment horizon. HEG Limited holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of return volatility over the last 3 months. By inspecting HEG's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize HEG's Market Risk Adjusted Performance of 0.3958, risk adjusted performance of 0.1161, and Semi Deviation of 2.7 to validate if our risk estimates are consistent with your expectations.
At present, HEG's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to 2,100, whereas Common Stock is forecasted to decline to about 321.8 M. . HEG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 427.558 | 50 Day MA 450.3088 | Beta 1.57 |
HEG |
Sharpe Ratio = 0.1264
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Estimated Market Risk
| 4.17 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average HEG is performing at about 9% 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 HEG by adding it to a well-diversified portfolio.
Price Book 2.4672 | Enterprise Value Ebitda 23.8196 | Price Sales 4.8578 | Shares Float 61.9 M | Dividend Share 4.5 |
HEG Valuation on October 23, 2024
It is possible to determine the worth of HEG on a given historical date. On October 23, 2024 HEG was worth 430.0 at the beginning of the trading date compared to the closed value of 442.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HEG stock. Still, in general, we apply an absolute valuation method to find HEG'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 HEG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HEG's related companies.
| Open | High | Low | Close | Volume | |
| 459.75 | 460.80 | 425.30 | 428.85 | 1,158,265 | |
10/23/2024 | 430.00 | 458.00 | 425.95 | 442.30 | 1,626,800 |
| 441.05 | 443.65 | 430.10 | 434.20 | 543,442 |
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HEG Trading Date Momentum on October 23, 2024
| On October 24 2024 HEG Limited was traded for 434.20 at the closing time. The highest price during the trading period was 443.65 and the lowest recorded bid was listed for 430.10 . The volume for the day was 543.4 K. This history from October 24, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.83% . The trading delta at closing time to the current price is 0.84% . |
HEG Limited Fundamentals Correlations and Trends
By evaluating HEG'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 HEG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HEG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HEG Stock history
HEG 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 HEG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HEG Limited 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 HEG stock prices may prove useful in developing a viable investing in HEG
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 193 M | 202.6 M | |
| Net Income Applicable To Common Shares | 6.1 B | 5.7 B |
HEG Quarterly Net Working Capital |
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HEG Stock Technical Analysis
HEG 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
HEG Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
HEG Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
HEG December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how HEG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HEG shares will generate the highest return on investment. By undertsting and applying HEG stock market strength indicators, traders can identify HEG Limited entry and exit signals to maximize returns
HEG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HEG's price direction in advance. Along with the technical and fundamental analysis of HEG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HEG 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 | 0.1161 | |||
| Jensen Alpha | 0.4635 | |||
| Total Risk Alpha | 0.0913 | |||
| Sortino Ratio | 0.1639 | |||
| Treynor Ratio | 0.3858 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for HEG Stock analysis
When running HEG's price analysis, check to measure HEG'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 HEG is operating at the current time. Most of HEG's value examination focuses on studying past and present price action to predict the probability of HEG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HEG's price. Additionally, you may evaluate how the addition of HEG to your portfolios can decrease your overall portfolio volatility.
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