Honda (Brazil) Price on November 22, 2024

HOND34 Stock  BRL 151.16  0.26  0.17%   
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 151.16, as last reported on the 29th of November, with the highest price reaching 152.41 and the lowest price hitting 150.75 during the day. Honda Motor holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Honda Motor exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Honda's Risk Adjusted Performance of (0.11), standard deviation of 1.85, and Market Risk Adjusted Performance of 4.64 to validate the risk estimate we provide.
  
Honda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1448

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Estimated Market Risk

 1.85
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Honda 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 Honda by adding Honda to a well-diversified portfolio.

Honda Valuation on November 22, 2024

It is possible to determine the worth of Honda on a given historical date. On November 22, 2024 Honda was worth 153.0 at the beginning of the trading date compared to the closed value of 155.4. 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
  156.05    156.05    151.35    151.89    4.00  
11/22/2024
  153.00    155.40    153.00    155.40    49.00  
  155.40    155.61    155.38    155.55    134.00  
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Open Value
153.0
147.44
Downside
155.4
Closing Value
158.56
Upside

Honda Trading Date Momentum on November 22, 2024

On November 25 2024 Honda Motor Co was traded for  155.55  at the closing time. The highest price during the trading period was 155.61  and the lowest recorded bid was listed for  155.38 . The volume for the day was 134. This history from November 25, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.10% . The trading delta at closing time to the current price is 1.92% .

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.
A focus of Honda technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Honda trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Honda Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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Honda November 29, 2024 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.

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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