HMS Networks (Sweden) Price on January 19, 2024

HMS Stock  SEK 385.40  1.20  0.31%   
If you're considering investing in HMS Stock, it is important to understand the factors that can impact its price. As of today, the current price of HMS Networks stands at 385.40, as last reported on the 28th of November, with the highest price reaching 390.60 and the lowest price hitting 382.60 during the day. HMS Networks AB holds Efficiency (Sharpe) Ratio of -0.0827, which attests that the entity had a -0.0827% return per unit of volatility over the last 3 months. HMS Networks AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HMS Networks' market risk adjusted performance of (0.44), and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide.
  
HMS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0827

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Estimated Market Risk

 2.04
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average HMS Networks 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 HMS Networks by adding HMS Networks to a well-diversified portfolio.

HMS Networks Valuation on January 19, 2024

It is possible to determine the worth of HMS Networks on a given historical date. On January 19, 2024 HMS was worth 493.46 at the beginning of the trading date compared to the closed value of 487.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HMS Networks stock. Still, in general, we apply an absolute valuation method to find HMS Networks' 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 HMS Networks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HMS Networks' related companies.
 Open High Low Close Volume
  484.75    495.84    483.76    491.09    63,798  
01/19/2024
  493.46    500.29    485.35    487.33    71,206  
  491.48    501.78    491.28    495.34    73,120  
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Open Value
493.46
487.35
Downside
487.33
Closing Value
499.57
Upside

HMS Networks Trading Date Momentum on January 19, 2024

On January 22 2024 HMS Networks AB was traded for  495.34  at the closing time. The maximum traded price for the trading interval was 501.78  and the lowest daily price was  491.28 . The daily volume was recorded at 73.1 K. The volume of trading on 22nd of January 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.64% . The trading delta at closing time to the closing price today is 1.54% .

HMS Networks AB Fundamentals Correlations and Trends

By evaluating HMS Networks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among HMS Networks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HMS financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About HMS Networks Stock history

HMS Networks 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 HMS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HMS Networks AB 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 HMS Networks stock prices may prove useful in developing a viable investing in HMS Networks
HMS Networks AB provides industrial communication and industrial Internet of Things solutions under the Anybus, IXXAT, eWON, and Intesis brands worldwide. HMS Networks AB was founded in 1988 and is headquartered in Halmstad, Sweden. HMS Networks operates under Communication And Networking Equipment classification in Sweden and is traded on Stockholm Stock Exchange. It employs 600 people.

HMS Networks Stock Technical Analysis

HMS Networks 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 HMS Networks technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HMS Networks 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

HMS Networks Period Price Range

Low
November 28, 2024
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HMS Networks AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.

HMS Networks November 28, 2024 Market Strength

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

HMS Networks Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for HMS Networks' price direction in advance. Along with the technical and fundamental analysis of HMS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HMS 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 HMS Stock Analysis

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