Honda Motor Co Stock Price on August 29, 2023

HNDAF Stock  USD 8.60  0.06  0.69%   
If you're considering investing in Honda Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Honda stands at 8.60, as last reported on the 30th of November, with the highest price reaching 8.86 and the lowest price hitting 8.10 during the day. Honda Motor holds Efficiency (Sharpe) Ratio of -0.0718, which attests that the entity had a -0.0718% return per unit of risk over the last 3 months. Honda Motor exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Honda's Standard Deviation of 3.51, risk adjusted performance of (0.04), and Market Risk Adjusted Performance of 13.52 to validate the risk estimate we provide.
  
Honda Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0718

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Estimated Market Risk

 3.59
  actual daily
31
69% of assets are more volatile

Expected Return

 -0.26
  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 Honda 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 Honda by adding Honda to a well-diversified portfolio.

Honda Valuation on August 29, 2023

It is possible to determine the worth of Honda on a given historical date. On August 29, 2023 Honda was worth 9.01 at the beginning of the trading date compared to the closed value of 9.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Honda pink sheet. Still, in general, we apply an absolute valuation method to find Honda'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 Honda where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Honda's related companies.
 Open High Low Close Volume
  9.09    9.09    9.09    9.09    24.00  
08/29/2023
  9.01    9.01    9.01    9.01    375.00  
  9.01    9.01    9.01    9.01    150,060  
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Open Value
9.01
9.01
Closing Value
19.78
Upside

Honda Trading Date Momentum on August 29, 2023

On August 30 2023 Honda Motor Co was traded for  9.01  at the closing time. The highest daily price throughout the period was 9.01  and the lowest price was  9.01 . The daily volume was 150.1 K. The net trading volume on 08/30/2023 did not cause price change. The trading delta at closing time to current closing price is 7.55% .

Honda Motor Fundamentals Correlations and Trends

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

About Honda Pink Sheet history

Honda 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 Honda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Honda Motor 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 Honda stock prices may prove useful in developing a viable investing in Honda
Honda Motor Co., Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products in Japan, North America, Europe, Asia, and internationally. Honda Motor Co., Ltd. was founded in 1946 and is headquartered in Tokyo, Japan. Honda operates under Auto Manufacturers classification in the United States and is traded on OTC Exchange. It employs 204035 people.

Honda Pink Sheet Technical Analysis

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

Honda Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Honda Motor Co 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.

Honda November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Honda 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 Honda shares will generate the highest return on investment. By undertsting and applying Honda pink sheet market strength indicators, traders can identify Honda Motor Co entry and exit signals to maximize returns

Honda Technical and Predictive Indicators

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

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