Honda (Brazil) Price on May 31, 2024
| HOND34 Stock | BRL 161.04 2.77 1.75% |
If you're considering investing in Honda Stock, it is important to understand the factors that can impact its price. As of today, the current price of Honda stands at 161.04, as last reported on the 27th of February, with the highest price reaching 161.04 and the lowest price hitting 157.48 during the day. At this point, Honda is very steady. Honda Motor holds Efficiency (Sharpe) Ratio of 0.0338, which attests that the entity had a 0.0338 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Honda Motor, which you can use to evaluate the volatility of the firm. Please check out Honda's Downside Deviation of 1.96, risk adjusted performance of 0.044, and Market Risk Adjusted Performance of 0.2844 to validate if the risk estimate we provide is consistent with the expected return of 0.0968%.
Honda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Honda |
Sharpe Ratio = 0.0338
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| Cash | Small Risk | HOND34 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.87 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Honda is performing at about 2% 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 Honda by adding it to a well-diversified portfolio.
Honda Valuation on May 31, 2024
It is possible to determine the worth of Honda on a given historical date. On May 31, 2024 Honda was worth 172.53 at the beginning of the trading date compared to the closed value of 172.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Honda stock. Still, in general, we apply an absolute valuation method to find Honda'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 Honda where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Honda's related companies.
| Open | High | Low | Close | Volume | |
| 168.27 | 168.46 | 167.79 | 168.46 | 5.00 | |
05/31/2024 | 172.53 | 172.96 | 172.53 | 172.96 | 3.00 |
| 173.60 | 173.60 | 172.19 | 172.19 | 7.00 |
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Honda Trading Date Momentum on May 31, 2024
| On June 03 2024 Honda Motor Co was traded for 172.19 at the closing time. The highest price during the trading period was 173.60 and the lowest recorded bid was listed for 172.19 . The volume for the day was 7.0. This history from June 3, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.45% . The trading delta at closing time to the current price is 1.73% . |
Honda Motor Fundamentals Correlations and Trends
By evaluating Honda'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 Honda's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Honda financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Honda Stock history
Honda 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 Honda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Honda Motor 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 Honda stock prices may prove useful in developing a viable investing in Honda
Honda Stock Technical Analysis
Honda 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
Honda Period Price Range
Low | February 27, 2025
| High |
0.00 | 0.00 |
Honda Motor Co cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
Honda February 27, 2025 Market Strength
Market strength indicators help investors to evaluate how Honda stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Honda shares will generate the highest return on investment. By undertsting and applying Honda stock market strength indicators, traders can identify Honda Motor Co entry and exit signals to maximize returns
Honda Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Honda's price direction in advance. Along with the technical and fundamental analysis of Honda Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Honda 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 | 0.044 | |||
| Jensen Alpha | 0.1355 | |||
| Total Risk Alpha | 0.1576 | |||
| Sortino Ratio | 0.0708 | |||
| Treynor Ratio | 0.2744 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Honda Stock analysis
When running Honda's price analysis, check to measure Honda'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 Honda is operating at the current time. Most of Honda's value examination focuses on studying past and present price action to predict the probability of Honda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honda's price. Additionally, you may evaluate how the addition of Honda to your portfolios can decrease your overall portfolio volatility.
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