Hero MotoCorp (India) Price on September 12, 2024
| HEROMOTOCO | 4,784 87.75 1.80% |
Below is the normalized historical share price chart for Hero MotoCorp 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 Hero MotoCorp stands at 4,784, as last reported on the 28th of November, with the highest price reaching 4,910 and the lowest price hitting 4,760 during the day.
If you're considering investing in Hero Stock, it is important to understand the factors that can impact its price. Hero MotoCorp Limited holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. Hero MotoCorp Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hero MotoCorp's Market Risk Adjusted Performance of 2.46, standard deviation of 1.66, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide.
At this time, Hero MotoCorp's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 219.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 52.5 M in 2024. . Hero Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 5.1 K | 50 Day MA 5.2 K | Beta 0.974 |
Hero |
Sharpe Ratio = -0.1001
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HEROMOTOCO |
Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hero MotoCorp 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 Hero MotoCorp by adding Hero MotoCorp to a well-diversified portfolio.
Price Book 5.0905 | Enterprise Value Ebitda 13.822 | Price Sales 2.4886 | Shares Float 129.4 M | Wall Street Target Price 5.3 K |
Hero MotoCorp Valuation on September 12, 2024
It is possible to determine the worth of Hero MotoCorp on a given historical date. On September 12, 2024 Hero was worth 5700.0 at the beginning of the trading date compared to the closed value of 5803.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hero MotoCorp stock. Still, in general, we apply an absolute valuation method to find Hero MotoCorp'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 Hero MotoCorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hero MotoCorp's related companies.
| Open | High | Low | Close | Volume | |
| 5,698 | 5,709 | 5,602 | 5,654 | 592,173 | |
09/12/2024 | 5,700 | 5,818 | 5,655 | 5,803 | 855,717 |
| 5,827 | 5,847 | 5,770 | 5,796 | 332,581 |
| Backtest Hero MotoCorp | | | Hero MotoCorp History | | | Hero MotoCorp Valuation | Previous | Next |
Hero MotoCorp Trading Date Momentum on September 12, 2024
| On September 13 2024 Hero MotoCorp Limited was traded for 5,796 at the closing time. The highest price during the trading period was 5,847 and the lowest recorded bid was listed for 5,770 . The volume for the day was 332.6 K. This history from September 13, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.13% . The trading delta at closing time to the current price is 4.25% . |
Hero MotoCorp Limited Fundamentals Correlations and Trends
By evaluating Hero MotoCorp'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 Hero MotoCorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hero financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hero MotoCorp Stock history
Hero MotoCorp 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 Hero is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hero MotoCorp 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 Hero MotoCorp stock prices may prove useful in developing a viable investing in Hero MotoCorp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 200.2 M | 219.7 M | |
| Net Income Applicable To Common Shares | 32.3 B | 33 B |
Hero MotoCorp Quarterly Net Working Capital |
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Hero MotoCorp Stock Technical Analysis
Hero MotoCorp 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
Hero MotoCorp Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Hero MotoCorp 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.
Hero MotoCorp November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Hero MotoCorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hero MotoCorp shares will generate the highest return on investment. By undertsting and applying Hero MotoCorp stock market strength indicators, traders can identify Hero MotoCorp Limited entry and exit signals to maximize returns
Hero MotoCorp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hero MotoCorp's price direction in advance. Along with the technical and fundamental analysis of Hero Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hero 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 | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 2.45 |
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Additional Tools for Hero Stock Analysis
When running Hero MotoCorp's price analysis, check to measure Hero MotoCorp'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 Hero MotoCorp is operating at the current time. Most of Hero MotoCorp's value examination focuses on studying past and present price action to predict the probability of Hero MotoCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hero MotoCorp's price. Additionally, you may evaluate how the addition of Hero MotoCorp to your portfolios can decrease your overall portfolio volatility.