Heroux Devtek Stock Price on November 18, 2024
| HRX Stock | CAD 31.85 0.09 0.28% |
If you're considering investing in Heroux Stock, it is important to understand the factors that can impact its price. As of today, the current price of Heroux Devtek stands at 31.85, as last reported on the 11th of December 2024, with the highest price reaching 31.88 and the lowest price hitting 31.79 during the day. As of now, Heroux Stock is very steady. Heroux Devtek 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. We have found twenty-nine technical indicators for Heroux Devtek, which you can use to evaluate the volatility of the firm. Please check out Heroux Devtek's Downside Deviation of 0.3259, market risk adjusted performance of 0.0708, and Risk Adjusted Performance of 0.018 to validate if the risk estimate we provide is consistent with the expected return of 0.0132%.
Heroux Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Heroux |
Sharpe Ratio = 0.0457
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Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Heroux Devtek is performing at about 3% 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 Heroux Devtek by adding it to a well-diversified portfolio.
Heroux Devtek Valuation on November 18, 2024
It is possible to determine the worth of Heroux Devtek on a given historical date. On November 18, 2024 Heroux was worth 31.94 at the beginning of the trading date compared to the closed value of 31.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Heroux Devtek stock. Still, in general, we apply an absolute valuation method to find Heroux Devtek'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 Heroux Devtek where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Heroux Devtek's related companies.
| Open | High | Low | Close | Volume | |
| 31.40 | 31.94 | 31.40 | 31.93 | 19,800 | |
11/18/2024 | 31.94 | 31.94 | 31.68 | 31.87 | 10,823 |
| 31.97 | 31.97 | 31.58 | 31.61 | 24,503 |
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Heroux Devtek Trading Date Momentum on November 18, 2024
| On November 19 2024 Heroux Devtek was traded for 31.61 at the closing time. The maximum traded price for the trading interval was 31.97 and the lowest daily price was 31.58 . The daily volume was recorded at 24.5 K. The volume of trading on 19th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.82% . The trading delta at closing time to the closing price today is 0.50% . |
Heroux Devtek Fundamentals Correlations and Trends
By evaluating Heroux Devtek'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 Heroux Devtek's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Heroux financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Heroux Devtek Stock history
Heroux Devtek 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 Heroux is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Heroux Devtek 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 Heroux Devtek stock prices may prove useful in developing a viable investing in Heroux Devtek
Hroux-Devtek Inc. engages in the design, development, manufacture, and repair and overhaul of aircraft landing gears, hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. Hroux-Devtek Inc. was founded in 1942 and is headquartered in Longueuil, Canada. HEROUX DEVTEK operates under Aerospace Defense classification in Canada and is traded on Toronto Stock Exchange. It employs 1960 people.
Heroux Devtek Stock Technical Analysis
Heroux Devtek 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
Heroux Devtek Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Heroux Devtek cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Heroux Devtek December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Heroux Devtek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Heroux Devtek shares will generate the highest return on investment. By undertsting and applying Heroux Devtek stock market strength indicators, traders can identify Heroux Devtek entry and exit signals to maximize returns
Heroux Devtek Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Heroux Devtek's price direction in advance. Along with the technical and fundamental analysis of Heroux Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Heroux 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 | 0.018 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.34) | |||
| Treynor Ratio | 0.0608 |
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Other Information on Investing in Heroux Stock
Heroux Devtek financial ratios help investors to determine whether Heroux 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 Heroux with respect to the benefits of owning Heroux Devtek security.