HNI (Germany) Price on May 21, 2024
| HO9 Stock | EUR 52.00 0.50 0.95% |
If you're considering investing in HNI Stock, it is important to understand the factors that can impact its price. As of today, the current price of HNI stands at 52.00, as last reported on the 29th of November, with the highest price reaching 52.00 and the lowest price hitting 52.00 during the day. At this point, HNI is very steady. HNI Corporation holds Efficiency (Sharpe) Ratio of 0.0778, which attests that the entity had a 0.0778% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for HNI Corporation, which you can use to evaluate the volatility of the firm. Please check out HNI's Semi Deviation of 1.3, risk adjusted performance of 0.0664, and Market Risk Adjusted Performance of 0.1009 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
HNI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HNI |
Sharpe Ratio = 0.0778
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | HO9 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average HNI is performing at about 6% 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 by adding it to a well-diversified portfolio.
HNI Valuation on May 21, 2024
It is possible to determine the worth of HNI on a given historical date. On May 21, 2024 HNI was worth 40.52 at the beginning of the trading date compared to the closed value of 40.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HNI stock. Still, in general, we apply an absolute valuation method to find HNI'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HNI's related companies.
| Open | High | Low | Close | Volume | |
| 41.30 | 41.30 | 41.30 | 41.30 | 1.00 | |
05/21/2024 | 40.52 | 40.52 | 40.52 | 40.52 | 1.00 |
| 40.72 | 40.72 | 40.72 | 40.72 | 1.00 |
| Backtest HNI | | | HNI History | | | HNI Valuation | Previous | Next |
HNI Trading Date Momentum on May 21, 2024
| On May 22 2024 HNI Corporation was traded for 40.72 at the closing time. The highest daily price throughout the period was 40.72 and the lowest price was 40.72 . There was no trading activity during the period 1.0. Lack of trading volume on 05/22/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.49% . The trading delta at closing time to current closing price is 2.74% . |
HNI Corporation Fundamentals Correlations and Trends
By evaluating HNI'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'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 Stock history
HNI 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 Corporation 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 stock prices may prove useful in developing a viable investing in HNI
HNI Corporation manufactures and sells office furniture and hearth products in the United States, Canada, China, Hong Kong, India, Mexico, Dubai, Singapore, and Taiwan. HNI Corporation was incorporated in 1944 and is headquartered in Muscatine, Iowa. HNI operates under Business Equipment classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8700 people.
HNI Stock Technical Analysis
HNI 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
HNI Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
HNI Corporation 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.
HNI November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how HNI 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 shares will generate the highest return on investment. By undertsting and applying HNI stock market strength indicators, traders can identify HNI Corporation entry and exit signals to maximize returns
HNI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HNI'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.
| Risk Adjusted Performance | 0.0664 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0045 | |||
| Treynor Ratio | 0.0909 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for HNI Stock analysis
When running HNI's price analysis, check to measure HNI'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 is operating at the current time. Most of HNI's value examination focuses on studying past and present price action to predict the probability of HNI'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's price. Additionally, you may evaluate how the addition of HNI to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |