Hannover Rck (Germany) Price on March 8, 2023
HNR1 Stock | 252.00 1.00 0.40% |
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 Rck stands at 252.00, as last reported on the 4th of December, with the highest price reaching 253.10 and the lowest price hitting 251.40 during the day. Hannover Rck SE holds Efficiency (Sharpe) Ratio of -0.0204, which attests that the entity had a -0.0204% 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 Rck's Market Risk Adjusted Performance of (0.44), risk adjusted performance of (0.03), and Standard Deviation of 1.14 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.
Hannover |
Sharpe Ratio = -0.0204
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Estimated Market Risk
1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hannover Rck 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 Rck by adding Hannover Rck to a well-diversified portfolio.
Hannover Rck Valuation on March 8, 2023
It is possible to determine the worth of Hannover Rck on a given historical date. On March 8, 2023 Hannover was worth 179.53 at the beginning of the trading date compared to the closed value of 180.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hannover Rck stock. Still, in general, we apply an absolute valuation method to find Hannover Rck'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 Rck where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hannover Rck's related companies.
Open | High | Low | Close | Volume | |
180.66 | 181.36 | 178.14 | 180.42 | 110,179 | |
03/08/2023 | 179.53 | 180.91 | 178.78 | 180.52 | 95,120 |
181.46 | 181.51 | 174.18 | 174.38 | 284,764 |
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Hannover Rck Trading Date Momentum on March 8, 2023
On March 09 2023 Hannover Rck SE was traded for 174.38 at the closing time. The highest price during the trading period was 181.51 and the lowest recorded bid was listed for 174.18 . The volume for the day was 284.8 K. This history from March 9, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.40% . The trading delta at closing time to the current price is 11.68% . |
Hannover Rck SE Fundamentals Correlations and Trends
By evaluating Hannover Rck'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 Rck'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 Rck Stock history
Hannover Rck 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 Rck stock prices may prove useful in developing a viable investing in Hannover Rck
Hannover Rck Stock Technical Analysis
Hannover Rck 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.
Price Boundaries
Hannover Rck Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Hannover Rck SE cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA 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.
Hannover Rck December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Hannover Rck 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 Rck shares will generate the highest return on investment. By undertsting and applying Hannover Rck stock market strength indicators, traders can identify Hannover Rck SE entry and exit signals to maximize returns
Hannover Rck Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hannover Rck'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.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | (0.45) |
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Volume Indicators |
Complementary Tools for Hannover Stock analysis
When running Hannover Rck's price analysis, check to measure Hannover Rck'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 Rck is operating at the current time. Most of Hannover Rck's value examination focuses on studying past and present price action to predict the probability of Hannover Rck'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 Rck's price. Additionally, you may evaluate how the addition of Hannover Rck to your portfolios can decrease your overall portfolio volatility.
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