Hovnanian Enterprises Stock Price on November 25, 2024

HOV Stock  USD 190.52  2.62  1.36%   
If you're considering investing in Hovnanian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hovnanian Enterprises stands at 190.52, as last reported on the 28th of November, with the highest price reaching 198.67 and the lowest price hitting 190.51 during the day. Hovnanian Enterprises holds Efficiency (Sharpe) Ratio of -0.0457, which attests that the entity had a -0.0457% return per unit of risk over the last 3 months. Hovnanian Enterprises exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hovnanian Enterprises' Risk Adjusted Performance of (0.03), market risk adjusted performance of (0.57), and Standard Deviation of 3.21 to validate the risk estimate we provide.
  
Hovnanian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0457

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Estimated Market Risk

 3.21
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hovnanian Enterprises 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 Hovnanian Enterprises by adding Hovnanian Enterprises to a well-diversified portfolio.

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Hovnanian Enterprises Valuation on November 25, 2024

It is possible to determine the worth of Hovnanian Enterprises on a given historical date. On November 25, 2024 Hovnanian was worth 184.13 at the beginning of the trading date compared to the closed value of 196.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hovnanian Enterprises stock. Still, in general, we apply an absolute valuation method to find Hovnanian Enterprises' 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 Hovnanian Enterprises where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hovnanian Enterprises' related companies.
 Open High Low Close Volume
  176.91    183.14    175.62    181.74    75,983  
11/25/2024
  184.13    201.81    184.13    196.20    107,621  
  193.04    196.50    191.00    193.14    64,792  
Backtest Hovnanian Enterprises  |  Hovnanian Enterprises History  |  Hovnanian Enterprises Valuation   PreviousNext  
Open Value
184.13
174.50
Downside
196.2
Closing Value
193.76
Upside

Hovnanian Enterprises Trading Date Momentum on November 25, 2024

On November 26 2024 Hovnanian Enterprises was traded for  193.14  at the closing time. Highest Hovnanian Enterprises's price during the trading hours was 196.50  and the lowest price during the day was  191.00 . The net volume was 64.8 K. The overall trading history on the 26th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.56% . The trading delta at closing time to current price is 0.11% .

Hovnanian Enterprises Fundamentals Correlations and Trends

By evaluating Hovnanian Enterprises' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hovnanian Enterprises' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hovnanian financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hovnanian Enterprises Stock history

Hovnanian Enterprises 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 Hovnanian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hovnanian Enterprises 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 Hovnanian Enterprises stock prices may prove useful in developing a viable investing in Hovnanian Enterprises
Hovnanian Enterprises, Inc. engages in the design, construction, marketing, and sale of residential homes in the United States. The company was founded in 1959 and is headquartered in Matawan, New Jersey. Hovnanian Enterprises operates under Residential Construction classification in the United States and is traded on New York Stock Exchange. It employs 1784 people.

Hovnanian Enterprises Stock Technical Analysis

Hovnanian Enterprises 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 Hovnanian Enterprises technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hovnanian Enterprises 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

Hovnanian Enterprises Period Price Range

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November 28, 2024
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Hovnanian Enterprises cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Hovnanian Enterprises November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Hovnanian Enterprises stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hovnanian Enterprises shares will generate the highest return on investment. By undertsting and applying Hovnanian Enterprises stock market strength indicators, traders can identify Hovnanian Enterprises entry and exit signals to maximize returns

Hovnanian Enterprises Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hovnanian Enterprises' price direction in advance. Along with the technical and fundamental analysis of Hovnanian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hovnanian 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.

Additional Tools for Hovnanian Stock Analysis

When running Hovnanian Enterprises' price analysis, check to measure Hovnanian Enterprises' 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 Hovnanian Enterprises is operating at the current time. Most of Hovnanian Enterprises' value examination focuses on studying past and present price action to predict the probability of Hovnanian Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hovnanian Enterprises' price. Additionally, you may evaluate how the addition of Hovnanian Enterprises to your portfolios can decrease your overall portfolio volatility.