Hongli Group Ordinary Stock Price on December 3, 2024
| HLP Stock | 1.42 0.03 2.07% |
If you're considering investing in Hongli Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hongli Group stands at 1.42, as last reported on the 11th of December 2024, with the highest price reaching 1.42 and the lowest price hitting 1.42 during the day. Hongli Group Ordinary holds Efficiency (Sharpe) Ratio of -0.0733, which attests that the entity had a -0.0733% return per unit of risk over the last 3 months. Hongli Group Ordinary exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hongli Group's Standard Deviation of 4.91, risk adjusted performance of (0.05), and Market Risk Adjusted Performance of 0.3633 to validate the risk estimate we provide.
At this time, Hongli Group's Other Stockholder Equity is relatively stable compared to the past year. As of 12/11/2024, Issuance Of Capital Stock is likely to grow to about 7.6 M, while Total Stockholder Equity is likely to drop slightly above 13 M. . At this time, Hongli Group's Price To Operating Cash Flows Ratio is relatively stable compared to the past year. As of 12/11/2024, Price To Free Cash Flows Ratio is likely to grow to 981.17, while Price Book Value Ratio is likely to drop 0.89. Hongli Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hongli |
Sharpe Ratio = -0.0733
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| Negative Returns | HLP |
Estimated Market Risk
| 5.02 actual daily | 44 56% of assets are more volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hongli Group 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 Hongli Group by adding Hongli Group to a well-diversified portfolio.
Price Book 0.8445 | Enterprise Value Ebitda 11.8184 | Price Sales 1.3874 | Shares Float 5.9 M | Earnings Share (0.15) |
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Hongli Group Valuation on December 3, 2024
It is possible to determine the worth of Hongli Group on a given historical date. On December 3, 2024 Hongli was worth 1.26 at the beginning of the trading date compared to the closed value of 1.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hongli Group stock. Still, in general, we apply an absolute valuation method to find Hongli Group'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 Hongli Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hongli Group's related companies.
| Open | High | Low | Close | Volume | |
| 1.24 | 1.35 | 1.18 | 1.26 | 30,608 | |
12/03/2024 | 1.26 | 1.26 | 1.24 | 1.24 | 3,328 |
| 1.24 | 1.30 | 1.24 | 1.25 | 15,783 |
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Hongli Group Trading Date Momentum on December 3, 2024
| On December 04 2024 Hongli Group Ordinary was traded for 1.25 at the closing time. Highest Hongli Group's price during the trading hours was 1.30 and the lowest price during the day was 1.24 . The net volume was 15.8 K. The overall trading history on the 4th of December contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 0.81% . The trading delta at closing time to current price is 16.94% . |
Hongli Group Ordinary Fundamentals Correlations and Trends
By evaluating Hongli Group'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 Hongli Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hongli financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hongli Group Stock history
Hongli Group 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 Hongli is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hongli Group Ordinary 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 Hongli Group stock prices may prove useful in developing a viable investing in Hongli Group
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 11.8 M | 9.6 M | |
| Net Income Applicable To Common Shares | 3.4 M | 2.9 M |
Hongli Group Quarterly Net Working Capital |
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Hongli Group Stock Technical Analysis
Hongli Group 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
Hongli Group Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Hongli Group Ordinary cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Hongli Group December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Hongli Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hongli Group shares will generate the highest return on investment. By undertsting and applying Hongli Group stock market strength indicators, traders can identify Hongli Group Ordinary entry and exit signals to maximize returns
Hongli Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hongli Group's price direction in advance. Along with the technical and fundamental analysis of Hongli Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hongli 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 | (0.05) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | 0.3533 |
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Additional Tools for Hongli Stock Analysis
When running Hongli Group's price analysis, check to measure Hongli Group'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 Hongli Group is operating at the current time. Most of Hongli Group's value examination focuses on studying past and present price action to predict the probability of Hongli Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hongli Group's price. Additionally, you may evaluate how the addition of Hongli Group to your portfolios can decrease your overall portfolio volatility.