Hermana Holding (Norway) Price on November 7, 2024

HERMA Stock   11.66  0.26  2.28%   
If you're considering investing in Hermana Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hermana Holding stands at 11.66, as last reported on the 5th of January, with the highest price reaching 11.88 and the lowest price hitting 11.02 during the day. Hermana Holding ASA holds Efficiency (Sharpe) Ratio of -0.23, which attests that the entity had a -0.23% return per unit of risk over the last 3 months. Hermana Holding ASA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hermana Holding's Risk Adjusted Performance of (0.17), standard deviation of 2.12, and Market Risk Adjusted Performance of (1.39) to validate the risk estimate we provide.
  
Hermana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2348

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Estimated Market Risk

 2.15
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.5
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.23
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hermana Holding is not performing at its full potential. However, 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 Hermana Holding by adding Hermana Holding to a well-diversified portfolio.

Hermana Holding Valuation on November 7, 2024

It is possible to determine the worth of Hermana Holding on a given historical date. On November 7, 2024 Hermana was worth 14.14 at the beginning of the trading date compared to the closed value of 14.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hermana Holding stock. Still, in general, we apply an absolute valuation method to find Hermana Holding'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 Hermana Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hermana Holding's related companies.
 Open High Low Close Volume
  13.82    14.66    13.82    14.14    8,435  
11/07/2024
  14.14    14.66    13.93    14.18    6,475  
  14.70    14.70    14.00    14.35    2,723  
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Open Value
14.14
14.18
Closing Value
20.59
Upside

Hermana Holding Trading Date Momentum on November 7, 2024

On November 08 2024 Hermana Holding ASA was traded for  14.35  at the closing time. The highest price during the trading period was 14.70  and the lowest recorded bid was listed for  14.00 . The volume for the day was 2.7 K. This history from November 8, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 1.20% . The trading delta at closing time to the current price is 1.20% .

Price Boundaries

Hermana Holding Period Price Range

Low
January 5, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Hermana Holding ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.

Hermana Holding January 5, 2025 Market Strength

Market strength indicators help investors to evaluate how Hermana Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hermana Holding shares will generate the highest return on investment. By undertsting and applying Hermana Holding stock market strength indicators, traders can identify Hermana Holding ASA entry and exit signals to maximize returns

Hermana Holding Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hermana Holding's price direction in advance. Along with the technical and fundamental analysis of Hermana Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hermana 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.