Hoist Finance (Sweden) Price on September 30, 2024
| HOFI Stock | SEK 90.60 0.70 0.77% |
If you're considering investing in Hoist Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hoist Finance stands at 90.60, as last reported on the 1st of December, with the highest price reaching 91.70 and the lowest price hitting 90.60 during the day. Hoist Finance appears to be very steady, given 3 months investment horizon. Hoist Finance AB holds Efficiency (Sharpe) Ratio of 0.0907, which attests that the entity had a 0.0907% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hoist Finance AB, which you can use to evaluate the volatility of the firm. Please utilize Hoist Finance's Downside Deviation of 2.28, market risk adjusted performance of (0.72), and Risk Adjusted Performance of 0.0723 to validate if our risk estimates are consistent with your expectations.
Hoist Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hoist |
Sharpe Ratio = 0.0907
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Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Hoist Finance 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 Hoist Finance by adding it to a well-diversified portfolio.
Hoist Finance Valuation on September 30, 2024
It is possible to determine the worth of Hoist Finance on a given historical date. On September 30, 2024 Hoist was worth 89.9 at the beginning of the trading date compared to the closed value of 86.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hoist Finance stock. Still, in general, we apply an absolute valuation method to find Hoist Finance'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 Hoist Finance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hoist Finance's related companies.
| Open | High | Low | Close | Volume | |
| 90.50 | 91.90 | 89.10 | 89.90 | 191,591 | |
09/30/2024 | 89.90 | 91.00 | 85.60 | 86.70 | 238,591 |
| 87.10 | 88.30 | 84.50 | 85.40 | 168,785 |
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Hoist Finance Trading Date Momentum on September 30, 2024
| On October 01 2024 Hoist Finance AB was traded for 85.40 at the closing time. The highest price during the trading period was 88.30 and the lowest recorded bid was listed for 84.50 . The volume for the day was 168.8 K. This history from October 1, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.50% . The trading delta at closing time to the current price is 1.27% . |
Hoist Finance AB Fundamentals Correlations and Trends
By evaluating Hoist Finance'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 Hoist Finance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hoist financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hoist Finance Stock history
Hoist Finance 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 Hoist is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hoist Finance AB 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 Hoist Finance stock prices may prove useful in developing a viable investing in Hoist Finance
Hoist Finance AB provides solutions for the acquisition and management of non-performing loans in Europe. Hoist Finance AB was founded in 1994 and is headquartered in Stockholm, Sweden. Hoist Finance operates under Financial Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1532 people.
Hoist Finance Stock Technical Analysis
Hoist Finance 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
Hoist Finance Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Hoist Finance AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Hoist Finance December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Hoist Finance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hoist Finance shares will generate the highest return on investment. By undertsting and applying Hoist Finance stock market strength indicators, traders can identify Hoist Finance AB entry and exit signals to maximize returns
Hoist Finance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hoist Finance's price direction in advance. Along with the technical and fundamental analysis of Hoist Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hoist 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 | 0.0723 | |||
| Jensen Alpha | 0.3097 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0597 | |||
| Treynor Ratio | (0.73) |
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Additional Tools for Hoist Stock Analysis
When running Hoist Finance's price analysis, check to measure Hoist Finance'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 Hoist Finance is operating at the current time. Most of Hoist Finance's value examination focuses on studying past and present price action to predict the probability of Hoist Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hoist Finance's price. Additionally, you may evaluate how the addition of Hoist Finance to your portfolios can decrease your overall portfolio volatility.