HeidelbergCement (Germany) Price on November 22, 2024
| HEI Stock | EUR 119.00 0.05 0.04% |
If you're considering investing in HeidelbergCement Stock, it is important to understand the factors that can impact its price. As of today, the current price of HeidelbergCement stands at 119.00, as last reported on the 1st of December, with the highest price reaching 119.35 and the lowest price hitting 118.50 during the day. HeidelbergCement appears to be very steady, given 3 months investment horizon. HeidelbergCement holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for HeidelbergCement, which you can use to evaluate the volatility of the firm. Please utilize HeidelbergCement's Downside Deviation of 1.35, market risk adjusted performance of 0.8028, and Risk Adjusted Performance of 0.1686 to validate if our risk estimates are consistent with your expectations.
HeidelbergCement Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HeidelbergCement |
Sharpe Ratio = 0.2082
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Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average HeidelbergCement is performing at about 16% 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 HeidelbergCement by adding it to a well-diversified portfolio.
HeidelbergCement Valuation on November 22, 2024
It is possible to determine the worth of HeidelbergCement on a given historical date. On November 22, 2024 HeidelbergCement was worth 118.45 at the beginning of the trading date compared to the closed value of 118.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HeidelbergCement stock. Still, in general, we apply an absolute valuation method to find HeidelbergCement'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 HeidelbergCement where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HeidelbergCement's related companies.
| Open | High | Low | Close | Volume | |
| 118.70 | 118.70 | 118.35 | 118.45 | 82.00 | |
11/22/2024 | 118.45 | 118.95 | 118.45 | 118.60 | 350.00 |
| 119.15 | 120.30 | 118.70 | 119.75 | 963.00 |
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HeidelbergCement Trading Date Momentum on November 22, 2024
| On November 25 2024 HeidelbergCement AG was traded for 119.75 at the closing time. The highest daily price throughout the period was 120.30 and the lowest price was 118.70 . The daily volume was 963. The net trading volume on 11/25/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.97% . The trading delta at closing time to current closing price is 0.21% . |
HeidelbergCement Fundamentals Correlations and Trends
By evaluating HeidelbergCement'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 HeidelbergCement's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HeidelbergCement financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HeidelbergCement Stock history
HeidelbergCement 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 HeidelbergCement is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HeidelbergCement 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 HeidelbergCement stock prices may prove useful in developing a viable investing in HeidelbergCement
HeidelbergCement AG produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. HeidelbergCement AG was founded in 1873 and is headquartered in Heidelberg, Germany. HEIDELBERGCEMENT operates under Building Materials classification in Germany and is traded on Frankfurt Stock Exchange. It employs 579 people.
HeidelbergCement Stock Technical Analysis
HeidelbergCement 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
HeidelbergCement Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
HeidelbergCement AG cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
HeidelbergCement December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how HeidelbergCement stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HeidelbergCement shares will generate the highest return on investment. By undertsting and applying HeidelbergCement stock market strength indicators, traders can identify HeidelbergCement AG entry and exit signals to maximize returns
HeidelbergCement Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HeidelbergCement's price direction in advance. Along with the technical and fundamental analysis of HeidelbergCement Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HeidelbergCement 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 | 0.1686 | |||
| Jensen Alpha | 0.2811 | |||
| Total Risk Alpha | 0.0655 | |||
| Sortino Ratio | 0.1532 | |||
| Treynor Ratio | 0.7928 |
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Complementary Tools for HeidelbergCement Stock analysis
When running HeidelbergCement's price analysis, check to measure HeidelbergCement'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 HeidelbergCement is operating at the current time. Most of HeidelbergCement's value examination focuses on studying past and present price action to predict the probability of HeidelbergCement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HeidelbergCement's price. Additionally, you may evaluate how the addition of HeidelbergCement to your portfolios can decrease your overall portfolio volatility.
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