Hove AS (Denmark) Price on November 28, 2024

HOVE Stock   3.30  0.08  2.48%   
If you're considering investing in Hove Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hove AS stands at 3.30, as last reported on the 28th of November, with the highest price reaching 3.36 and the lowest price hitting 3.30 during the day. Hove AS holds Efficiency (Sharpe) Ratio of -0.0261, which attests that the entity had a -0.0261% return per unit of risk over the last 3 months. Hove AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hove AS's Risk Adjusted Performance of (0.01), standard deviation of 3.16, and Market Risk Adjusted Performance of 0.2802 to validate the risk estimate we provide.
  
Hove Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0261

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Estimated Market Risk

 3.22
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hove AS 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 Hove AS by adding Hove AS to a well-diversified portfolio.

Hove AS Valuation on November 28, 2024

It is possible to determine the worth of Hove AS on a given historical date. On November 28, 2024 Hove was worth 3.36 at the beginning of the trading date compared to the closed value of 3.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hove AS stock. Still, in general, we apply an absolute valuation method to find Hove AS'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 Hove AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hove AS's related companies.
 Open High Low Close Volume
  3.30    3.30    3.26    3.30    7,694  
11/28/2024
  3.36    3.36    3.30    3.30    0.00  
Backtest Hove AS  |  Hove AS History  |  Hove AS Valuation   Previous
Open Value
3.36
3.3
Closing Value
13.01
Upside

Hove AS Trading Date Momentum on November 28, 2024

On November 28 2024 Hove AS was traded for  3.30  at the closing time. The highest price during the trading period was 3.36  and the lowest recorded bid was listed for  3.30 . There was no trading activity during the period 0.0. Lack of trading volume on November 28, 2024 did not cause price change. The trading delta at closing time to the current price is 1.82% .

Hove AS Fundamentals Correlations and Trends

By evaluating Hove AS'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 Hove AS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hove financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hove AS Stock history

Hove AS 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 Hove is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hove AS 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 Hove AS stock prices may prove useful in developing a viable investing in Hove AS

Hove AS Stock Technical Analysis

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

Hove AS Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hove AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.

Hove AS November 28, 2024 Market Strength

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

Hove AS Technical and Predictive Indicators

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

Other Information on Investing in Hove Stock

Hove AS financial ratios help investors to determine whether Hove Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hove with respect to the benefits of owning Hove AS security.