Hammond Manufacturing Stock Price on April 6, 2023

HMM-A Stock  CAD 9.68  0.09  0.92%   
Below is the normalized historical share price chart for Hammond Manufacturing extending back to December 19, 1989. 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 Hammond Manufacturing stands at 9.68, as last reported on the 25th of November, with the highest price reaching 9.84 and the lowest price hitting 9.62 during the day.
200 Day MA
10.3174
50 Day MA
9.4072
Beta
0.605
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Hammond Stock, it is important to understand the factors that can impact its price. Currently, Hammond Manufacturing is somewhat reliable. Hammond Manufacturing holds Efficiency (Sharpe) Ratio of 0.0548, which attests that the entity had a 0.0548% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hammond Manufacturing, which you can use to evaluate the volatility of the firm. Please check out Hammond Manufacturing's Downside Deviation of 1.96, market risk adjusted performance of (0.51), and Risk Adjusted Performance of 0.0508 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
  
At this time, Hammond Manufacturing's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 199 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 9 M in 2024. . At this time, Hammond Manufacturing's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 5.20 in 2024, whereas Price To Book Ratio is likely to drop 0.59 in 2024. Hammond Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0548

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Estimated Market Risk

 2.03
  actual daily
18
82% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Hammond Manufacturing is performing at about 4% 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 Manufacturing by adding it to a well-diversified portfolio.
Price Book
0.9741
Enterprise Value Ebitda
3.906
Price Sales
0.4563
Shares Float
6.8 M
Earnings Share
1.65

Hammond Manufacturing Main Headline on 6th of April 2023

Hammond Manufacturing dividend paid on 6th of April 2023

Hammond Manufacturing Valuation on April 6, 2023

It is possible to determine the worth of Hammond Manufacturing on a given historical date. On April 6, 2023 Hammond was worth 6.14 at the beginning of the trading date compared to the closed value of 6.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hammond Manufacturing stock. Still, in general, we apply an absolute valuation method to find Hammond Manufacturing'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 Manufacturing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hammond Manufacturing's related companies.
 Open High Low Close Volume
  6.14    6.14    6.14    6.14    1,300  
04/06/2023
  6.14    6.20    6.14    6.19    2,500  
  6.19    6.19    6.04    6.04    1,000.00  
Backtest Hammond Manufacturing  |  Hammond Manufacturing History  |  Hammond Manufacturing Valuation   PreviousNext  
Open Value
6.14
6.19
Closing Value
12.23
Upside

Hammond Manufacturing Trading Date Momentum on April 6, 2023

On April 10 2023 Hammond Manufacturing was traded for  6.04  at the closing time. The highest price during the trading period was 6.19  and the lowest recorded bid was listed for  6.04 . The volume for the day was 1000. This history from April 10, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.42% . The trading delta at closing time to the current price is 3.23% .

Hammond Manufacturing Fundamentals Correlations and Trends

By evaluating Hammond Manufacturing'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 Manufacturing'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 Manufacturing Stock history

Hammond Manufacturing 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 Manufacturing 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 Manufacturing stock prices may prove useful in developing a viable investing in Hammond Manufacturing
Last ReportedProjected for Next Year
Common Stock Shares Outstanding10.2 MM
Net Income Applicable To Common Shares13.8 M7.4 M

Hammond Manufacturing Quarterly Net Working Capital

52.83 Million

Hammond Manufacturing Stock Technical Analysis

Hammond Manufacturing 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.
A focus of Hammond Manufacturing technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hammond Manufacturing 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 Manufacturing Period Price Range

Low
November 25, 2024
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High

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Hammond Manufacturing cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 Manufacturing November 25, 2024 Market Strength

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

Hammond Manufacturing Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hammond Manufacturing's price direction in advance. Along with the technical and fundamental analysis of Hammond Stock 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.

Additional Tools for Hammond Stock Analysis

When running Hammond Manufacturing's price analysis, check to measure Hammond Manufacturing'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 Manufacturing is operating at the current time. Most of Hammond Manufacturing's value examination focuses on studying past and present price action to predict the probability of Hammond Manufacturing'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 Manufacturing's price. Additionally, you may evaluate how the addition of Hammond Manufacturing to your portfolios can decrease your overall portfolio volatility.