Hammond Power Solutions Stock Price on October 3, 2024

HMDPF Stock  USD 101.11  4.23  4.37%   
If you're considering investing in Hammond Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Hammond Power stands at 101.11, as last reported on the 30th of November, with the highest price reaching 101.11 and the lowest price hitting 100.67 during the day. Hammond Power appears to be very steady, given 3 months investment horizon. Hammond Power Solutions holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hammond Power Solutions, which you can use to evaluate the volatility of the firm. Please utilize Hammond Power's Downside Deviation of 4.7, market risk adjusted performance of 0.1804, and Risk Adjusted Performance of 0.0633 to validate if our risk estimates are consistent with your expectations.
  
Hammond Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1054

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Estimated Market Risk

 3.04
  actual daily
27
73% of assets are more volatile

Expected Return

 0.32
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Hammond Power is performing at about 8% 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 Hammond Power by adding it to a well-diversified portfolio.

Related Headline

Encore Wire Headline on 2nd of July 2024

Filed transaction by Encore Wire Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Hammond Power Valuation on October 3, 2024

It is possible to determine the worth of Hammond Power on a given historical date. On October 3, 2024 Hammond was worth 103.8 at the beginning of the trading date compared to the closed value of 103.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hammond Power pink sheet. Still, in general, we apply an absolute valuation method to find Hammond Power'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 Hammond Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hammond Power's related companies.
 Open High Low Close Volume
  106.21    106.21    104.95    104.95    677.00  
10/03/2024
  103.80    103.80    103.80    103.80    200.00  
  101.79    101.79    101.79    101.79    200.00  
Backtest Hammond Power  |  Hammond Power History  |  Hammond Power Valuation   PreviousNext  
Open Value
103.8
103.8
Closing Value
112.93
Upside

Hammond Power Trading Date Momentum on October 3, 2024

On October 04 2024 Hammond Power Solutions was traded for  101.79  at the closing time. The highest daily price throughout the period was 101.79  and the lowest price was  101.79 . The daily volume was 200. The net trading volume on 10/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.94% . The trading delta at closing time to current closing price is 5.97% .

Hammond Power Solutions Fundamentals Correlations and Trends

By evaluating Hammond Power'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 Hammond Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hammond financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hammond Power Pink Sheet history

Hammond Power 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 Hammond is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hammond Power Solutions 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 Hammond Power stock prices may prove useful in developing a viable investing in Hammond Power
Hammond Power Solutions Inc., together with its subsidiaries, designs, manufactures, and sells custom electrical engineered magnetics, standard electrical dry-types, cast resins, liquid filled transformers, and wound magnetic products for electrical and electronic industries. The company was founded in 1917 and is headquartered in Guelph, Canada. Hammond Power operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. It employs 1400 people.

Hammond Power Pink Sheet Technical Analysis

Hammond Power technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Hammond Power technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hammond Power trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hammond Power Period Price Range

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November 30, 2024
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Hammond Power Solutions cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Hammond Power November 30, 2024 Market Strength

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

Hammond Power Technical and Predictive Indicators

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

Complementary Tools for Hammond Pink Sheet analysis

When running Hammond Power's price analysis, check to measure Hammond Power'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 Hammond Power is operating at the current time. Most of Hammond Power's value examination focuses on studying past and present price action to predict the probability of Hammond Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hammond Power's price. Additionally, you may evaluate how the addition of Hammond Power to your portfolios can decrease your overall portfolio volatility.
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