Hannover Rück (Germany) Price on November 11, 2024

HNR1 Stock  EUR 247.30  1.60  0.65%   
If you're considering investing in Hannover Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hannover Rück stands at 247.30, as last reported on the 29th of November, with the highest price reaching 247.30 and the lowest price hitting 245.00 during the day. Hannover Rck SE holds Efficiency (Sharpe) Ratio of -0.0656, which attests that the entity had a -0.0656% return per unit of risk over the last 3 months. Hannover Rck SE exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hannover Rück's Risk Adjusted Performance of (0.03), standard deviation of 1.09, and Market Risk Adjusted Performance of (0.22) to validate the risk estimate we provide.
  
Hannover Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0656

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Estimated Market Risk

 1.08
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.07
  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 Hannover Rück 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 Hannover Rück by adding Hannover Rück to a well-diversified portfolio.

Hannover Rück Valuation on November 11, 2024

It is possible to determine the worth of Hannover Rück on a given historical date. On November 11, 2024 Hannover was worth 241.0 at the beginning of the trading date compared to the closed value of 246.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hannover Rück stock. Still, in general, we apply an absolute valuation method to find Hannover Rück'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 Hannover Rück where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hannover Rück's related companies.
 Open High Low Close Volume
  239.40    239.50    237.40    238.80    334,749  
11/11/2024
  241.00    248.50    240.30    246.50    114,999  
  245.00    245.00    239.40    239.50    7,206  
Backtest Hannover Rück  |  Hannover Rück History  |  Hannover Rück Valuation   PreviousNext  
Open Value
241.0
237.75
Downside
246.5
Closing Value
244.25
Upside

Hannover Rück Trading Date Momentum on November 11, 2024

On November 12 2024 Hannover Rck SE was traded for  239.50  at the closing time. The maximum traded price for the trading interval was 245.00  and the lowest daily price was  239.40 . The daily volume was recorded at 7.2 K. The volume of trading on 12th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.84% . The trading delta at closing time to the closing price today is 2.60% .

Hannover Rck SE Fundamentals Correlations and Trends

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

About Hannover Rück Stock history

Hannover Rück 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 Hannover is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hannover Rck SE 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 Hannover Rück stock prices may prove useful in developing a viable investing in Hannover Rück
Hannover Rck SE, together with its subsidiaries, provides reinsurance products and services worldwide. The company was founded in 1966 and is based in Hanover, Germany. Hannover Rck operates under Insurance - Reinsurance classification in Germany and traded on Frankfurt Stock Exchange. It employs 3251 people.

Hannover Rück Stock Technical Analysis

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

Hannover Rück Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hannover Rck SE cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Hannover Rück November 29, 2024 Market Strength

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

Hannover Rück Technical and Predictive Indicators

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

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