Heidelberg Materials (Germany) Price on November 1, 2024
| HEI Stock | EUR 118.95 0.95 0.79% |
If you're considering investing in Heidelberg Stock, it is important to understand the factors that can impact its price. As of today, the current price of Heidelberg Materials stands at 118.95, as last reported on the 21st of December, with the highest price reaching 119.00 and the lowest price hitting 118.20 during the day. Heidelberg Materials appears to be very steady, given 3 months investment horizon. Heidelberg Materials holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for Heidelberg Materials, which you can use to evaluate the volatility of the firm. Please utilize Heidelberg Materials' Downside Deviation of 1.27, risk adjusted performance of 0.1512, and Market Risk Adjusted Performance of 0.9408 to validate if our risk estimates are consistent with your expectations.
Heidelberg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Heidelberg |
Sharpe Ratio = 0.1908
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Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Heidelberg Materials is performing at about 15% 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 Heidelberg Materials by adding it to a well-diversified portfolio.
Heidelberg Materials Valuation on November 1, 2024
It is possible to determine the worth of Heidelberg Materials on a given historical date. On November 1, 2024 Heidelberg was worth 101.1 at the beginning of the trading date compared to the closed value of 102.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Heidelberg Materials stock. Still, in general, we apply an absolute valuation method to find Heidelberg Materials' 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 Heidelberg Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Heidelberg Materials' related companies.
| Open | High | Low | Close | Volume | |
| 99.82 | 101.10 | 99.82 | 100.75 | 200.00 | |
11/01/2024 | 101.10 | 102.65 | 101.10 | 102.05 | 200.00 |
| 102.45 | 102.75 | 101.95 | 101.95 | 25.00 |
| Backtest Heidelberg Materials | | | Heidelberg Materials History | | | Heidelberg Materials Valuation | Previous | Next |
Heidelberg Materials Trading Date Momentum on November 1, 2024
| On November 04 2024 Heidelberg Materials AG was traded for 101.95 at the closing time. The maximum traded price for the trading interval was 102.75 and the lowest daily price was 101.95 . The daily volume was recorded at 25.0. The volume of trading on 4th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.10% . The trading delta at closing time to the closing price today is 14.65% . |
Heidelberg Materials Fundamentals Correlations and Trends
By evaluating Heidelberg Materials' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Heidelberg Materials' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Heidelberg financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Heidelberg Materials Stock history
Heidelberg Materials 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 Heidelberg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Heidelberg Materials 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 Heidelberg Materials stock prices may prove useful in developing a viable investing in Heidelberg Materials
Heidelberg Materials Stock Technical Analysis
Heidelberg Materials 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
Heidelberg Materials Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
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Heidelberg Materials December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Heidelberg Materials stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Heidelberg Materials shares will generate the highest return on investment. By undertsting and applying Heidelberg Materials stock market strength indicators, traders can identify Heidelberg Materials AG entry and exit signals to maximize returns
Heidelberg Materials Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Heidelberg Materials' price direction in advance. Along with the technical and fundamental analysis of Heidelberg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Heidelberg 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 | 0.1512 | |||
| Jensen Alpha | 0.2835 | |||
| Total Risk Alpha | 0.2448 | |||
| Sortino Ratio | 0.2106 | |||
| Treynor Ratio | 0.9308 |
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Additional Tools for Heidelberg Stock Analysis
When running Heidelberg Materials' price analysis, check to measure Heidelberg Materials' 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 Heidelberg Materials is operating at the current time. Most of Heidelberg Materials' value examination focuses on studying past and present price action to predict the probability of Heidelberg Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heidelberg Materials' price. Additionally, you may evaluate how the addition of Heidelberg Materials to your portfolios can decrease your overall portfolio volatility.