Hollysys Automation Technologies Price on May 2, 2024
HOLIDelisted Stock | USD 26.42 0.00 0.00% |
If you're considering investing in Hollysys Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hollysys Automation stands at 26.42, as last reported on the 29th of November, with the highest price reaching 26.44 and the lowest price hitting 26.40 during the day. We have found twenty-seven technical indicators for Hollysys Automation, which you can use to evaluate the volatility of the firm. Please check out Hollysys Automation's Risk Adjusted Performance of 0.0495, downside deviation of 2.03, and Market Risk Adjusted Performance of (0.29) to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
Hollysys Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Based on monthly moving average Hollysys Automation 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 Hollysys Automation by adding Hollysys Automation to a well-diversified portfolio.
Hollysys Automation Valuation on May 2, 2024
It is possible to determine the worth of Hollysys Automation on a given historical date. On May 2, 2024 Hollysys was worth 23.42 at the beginning of the trading date compared to the closed value of 23.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hollysys Automation stock. Still, in general, we apply an absolute valuation method to find Hollysys Automation'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 Hollysys Automation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hollysys Automation's related companies.
Open | High | Low | Close | Volume | |
23.29 | 23.65 | 23.15 | 23.52 | 478,304 | |
05/02/2024 | 23.42 | 23.81 | 23.42 | 23.65 | 159,244 |
23.55 | 23.97 | 23.49 | 23.63 | 130,082 |
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Hollysys Automation Trading Date Momentum on May 2, 2024
On May 03 2024 Hollysys Automation Technologies was traded for 23.63 at the closing time. The top price for the day was 23.97 and the lowest listed price was 23.49 . The trading volume for the day was 130.1 K. The trading history from May 3, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.08% . The trading delta at closing time against the current closing price is 0.85% . |
Hollysys Automation Fundamentals Correlations and Trends
By evaluating Hollysys Automation'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 Hollysys Automation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hollysys financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hollysys Automation Stock history
Hollysys Automation 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 Hollysys is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hollysys Automation 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 Hollysys Automation stock prices may prove useful in developing a viable investing in Hollysys Automation
Hollysys Automation Technologies Ltd. provides automation control system solutions in the Peoples Republic of China, Southeast Asia, India, and the Middle East. Hollysys Automation Technologies Ltd. was founded in 1993 and is headquartered in Beijing, the Peoples Republic China. Hollysys Automation operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 4398 people.
Hollysys Automation Stock Technical Analysis
Hollysys Automation 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Hollysys Automation Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Hollysys Automation Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Hollysys Automation November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Hollysys Automation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hollysys Automation shares will generate the highest return on investment. By undertsting and applying Hollysys Automation stock market strength indicators, traders can identify Hollysys Automation Technologies entry and exit signals to maximize returns
Hollysys Automation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hollysys Automation's price direction in advance. Along with the technical and fundamental analysis of Hollysys Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hollysys 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 | 0.0495 | |||
Jensen Alpha | 0.1901 | |||
Total Risk Alpha | (0.26) | |||
Sortino Ratio | 0.0107 | |||
Treynor Ratio | (0.30) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in Hollysys Stock
If you are still planning to invest in Hollysys Automation check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hollysys Automation's history and understand the potential risks before investing.
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