Hni Corp Stock Price on December 31, 2023

HNI Stock  USD 57.49  1.32  2.35%   
Below is the normalized historical share price chart for HNI Corp extending back to March 17, 1980. 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 HNI Corp stands at 57.49, as last reported on the 26th of November, with the highest price reaching 58.42 and the lowest price hitting 56.73 during the day.
IPO Date
26th of March 1990
200 Day MA
47.9623
50 Day MA
53.2492
Beta
0.836
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in HNI Stock, it is important to understand the factors that can impact its price. HNI Corp is very steady at the moment. HNI Corp holds Efficiency (Sharpe) Ratio of 0.095, which attests that the entity had a 0.095% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for HNI Corp, which you can use to evaluate the volatility of the firm. Please check out HNI Corp's Market Risk Adjusted Performance of 0.1097, risk adjusted performance of 0.0757, and Semi Deviation of 1.39 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
  
As of now, HNI Corp's Stock Based Compensation is increasing as compared to previous years. . As of now, HNI Corp's Price Earnings To Growth Ratio is increasing as compared to previous years. The HNI Corp's current Price To Free Cash Flows Ratio is estimated to increase to 87.53, while Price To Operating Cash Flows Ratio is projected to decrease to 11.73. HNI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.095

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Estimated Market Risk

 1.58
  actual daily
14
86% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average HNI Corp is performing at about 7% 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 HNI Corp by adding it to a well-diversified portfolio.
Price Book
3.1717
Enterprise Value Ebitda
10.8052
Price Sales
1.0474
Shares Float
46.9 M
Dividend Share
1.3

HNI Corp Valuation on December 31, 2023

It is possible to determine the worth of HNI Corp on a given historical date. On December 31, 2023 HNI was worth 40.76 at the beginning of the trading date compared to the closed value of 40.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HNI Corp stock. Still, in general, we apply an absolute valuation method to find HNI Corp'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 HNI Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HNI Corp's related companies.
 Open High Low Close Volume
  40.87    41.12    40.76    40.89    138,075  
12/29/2023
  40.76    41.16    40.53    40.70    270,535  
  40.33    40.62    39.98    40.42    220,894  
Backtest HNI Corp  |  HNI Corp History  |  HNI Corp Valuation   PreviousNext  
Open Value
40.76
40.7
Closing Value
45.51
Upside

HNI Corp Trading Date Momentum on December 31, 2023

On January 02 2024 HNI Corp was traded for  40.42  at the closing time. Highest HNI Corp's price during the trading hours was 40.62  and the lowest price during the day was  39.98 . The net volume was 220.9 K. The overall trading history on the 2nd of January contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.69% . The trading delta at closing time to current price is 3.29% .

HNI Corp Fundamentals Correlations and Trends

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

About HNI Corp Stock history

HNI Corp 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 HNI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HNI Corp 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 HNI Corp stock prices may prove useful in developing a viable investing in HNI Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding45.4 M44.8 M
Net Income Applicable To Common Shares111.5 M68.1 M

HNI Corp Quarterly Net Working Capital

47.4 Million

HNI Corp Stock Technical Analysis

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

HNI Corp Period Price Range

Low
November 26, 2024
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High

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HNI Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

HNI Corp November 26, 2024 Market Strength

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

HNI Corp Technical and Predictive Indicators

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

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