Hellenic Petroleum (Germany) Price on October 28, 2024
| HLPN Stock | EUR 6.67 0.03 0.45% |
If you're considering investing in Hellenic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hellenic Petroleum stands at 6.67, as last reported on the 28th of November, with the highest price reaching 6.67 and the lowest price hitting 6.67 during the day. Hellenic Petroleum holds Efficiency (Sharpe) Ratio of -0.0396, which attests that the entity had a -0.0396% return per unit of risk over the last 3 months. Hellenic Petroleum exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hellenic Petroleum's Market Risk Adjusted Performance of (0.17), standard deviation of 1.32, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide.
Hellenic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hellenic |
Sharpe Ratio = -0.0396
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Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hellenic Petroleum 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 Hellenic Petroleum by adding Hellenic Petroleum to a well-diversified portfolio.
Hellenic Petroleum Valuation on October 28, 2024
It is possible to determine the worth of Hellenic Petroleum on a given historical date. On October 28, 2024 Hellenic was worth 6.9 at the beginning of the trading date compared to the closed value of 6.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hellenic Petroleum stock. Still, in general, we apply an absolute valuation method to find Hellenic Petroleum'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 Hellenic Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hellenic Petroleum's related companies.
| Open | High | Low | Close | Volume | |
| 6.90 | 6.90 | 6.90 | 6.90 | 135.00 | |
10/28/2024 | 6.90 | 6.90 | 6.90 | 6.90 | 1.00 |
| 6.83 | 6.83 | 6.83 | 6.83 | 1,000.00 |
| Backtest Hellenic Petroleum | | | Hellenic Petroleum History | | | Hellenic Petroleum Valuation | Previous | Next |
Hellenic Petroleum Trading Date Momentum on October 28, 2024
| On October 29 2024 Hellenic Petroleum SA was traded for 6.83 at the closing time. The maximum traded price for the trading interval was 6.83 and the lowest daily price was 6.83 . The daily volume was recorded at 1000. The volume of trading on 29th of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.01% . The trading delta at closing time to the closing price today is 1.45% . |
Hellenic Petroleum Fundamentals Correlations and Trends
By evaluating Hellenic Petroleum'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 Hellenic Petroleum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hellenic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hellenic Petroleum Stock history
Hellenic Petroleum 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 Hellenic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hellenic Petroleum 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 Hellenic Petroleum stock prices may prove useful in developing a viable investing in Hellenic Petroleum
Hellenic Petroleum S.A., together with its subsidiaries, operates in the energy sector primarily in Greece, South Eastern Europe, and the East Mediterranean. Hellenic Petroleum S.A. was founded in 1998 and is headquartered in Maroussi, Greece. HELLENIC PETR operates under Oil Gas Integrated classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3481 people.
Hellenic Petroleum Stock Technical Analysis
Hellenic Petroleum 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
Hellenic Petroleum Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Hellenic Petroleum SA 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.
Hellenic Petroleum November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Hellenic Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hellenic Petroleum shares will generate the highest return on investment. By undertsting and applying Hellenic Petroleum stock market strength indicators, traders can identify Hellenic Petroleum SA entry and exit signals to maximize returns
Hellenic Petroleum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hellenic Petroleum's price direction in advance. Along with the technical and fundamental analysis of Hellenic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hellenic 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 | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.18) |
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| Volume Indicators |
Complementary Tools for Hellenic Stock analysis
When running Hellenic Petroleum's price analysis, check to measure Hellenic Petroleum'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 Hellenic Petroleum is operating at the current time. Most of Hellenic Petroleum's value examination focuses on studying past and present price action to predict the probability of Hellenic Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hellenic Petroleum's price. Additionally, you may evaluate how the addition of Hellenic Petroleum to your portfolios can decrease your overall portfolio volatility.
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