Howmet Aerospace Stock Price on September 25, 2024
| HWM Stock | USD 118.44 1.46 1.25% |
Below is the normalized historical share price chart for Howmet Aerospace extending back to October 20, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Howmet Aerospace stands at 118.44, as last reported on the 25th of November, with the highest price reaching 118.80 and the lowest price hitting 116.37 during the day.
If you're considering investing in Howmet Stock, it is important to understand the factors that can impact its price. Howmet Aerospace appears to be very steady, given 3 months investment horizon. Howmet Aerospace holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Howmet Aerospace, which you can use to evaluate the volatility of the firm. Please utilize Howmet Aerospace's Risk Adjusted Performance of 0.1287, downside deviation of 1.71, and Market Risk Adjusted Performance of 0.183 to validate if our risk estimates are consistent with your expectations.
At this time, Howmet Aerospace's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 25th of November 2024, Common Stock Shares Outstanding is likely to grow to about 426.3 M, while Preferred Stock Total Equity is likely to drop about 44.7 M. . At this time, Howmet Aerospace's Price Sales Ratio is very stable compared to the past year. As of the 25th of November 2024, Price Fair Value is likely to grow to 5.80, while Price To Operating Cash Flows Ratio is likely to drop 23.52. Howmet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of January 1962 | 200 Day MA 84.7057 | 50 Day MA 104.6124 | Beta 1.293 |
Howmet |
Sharpe Ratio = 0.1591
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Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Howmet Aerospace is performing at about 12% 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 Howmet Aerospace by adding it to a well-diversified portfolio.
Price Book 10.8178 | Enterprise Value Ebitda 29.584 | Price Sales 6.6186 | Shares Float 401.5 M | Dividend Share 0.23 |
Related Headline
AAR Corp Headline on 25th of September 2024
AAR Posts Earnings Results, Beats Estimates By 0.03 EPS by thelincolnianonline.com
AAR announced its earnings results on Monday. The aerospace company reported 0.85 earnings per share for the quarter, topping analysts consensus estimates of 0.82 by 0.03, Briefing.com reports. The business had revenue of 661.70 million for the quarter, compared to analyst estimates of 645.60 million. AAR had a return on
Howmet Aerospace Valuation on September 25, 2024
It is possible to determine the worth of Howmet Aerospace on a given historical date. On September 25, 2024 Howmet was worth 99.58 at the beginning of the trading date compared to the closed value of 99.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Howmet Aerospace stock. Still, in general, we apply an absolute valuation method to find Howmet Aerospace'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 Howmet Aerospace where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Howmet Aerospace's related companies.
| Open | High | Low | Close | Volume | |
| 98.55 | 99.53 | 97.97 | 99.25 | 3,043,144 | |
09/25/2024 | 99.58 | 100.44 | 99.31 | 99.65 | 1,547,477 |
| 100.22 | 100.55 | 98.95 | 99.23 | 1,454,556 |
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Howmet Aerospace Trading Date Momentum on September 25, 2024
| On September 26 2024 Howmet Aerospace was traded for 99.23 at the closing time. Highest Howmet Aerospace's price during the trading hours was 100.55 and the lowest price during the day was 98.95 . The net volume was 1.5 M. The overall trading history on the 26th of September contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.42% . The trading delta at closing time to current price is 2.04% . |
Howmet Aerospace Fundamentals Correlations and Trends
By evaluating Howmet Aerospace'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 Howmet Aerospace's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Howmet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Howmet Aerospace Stock history
Howmet Aerospace 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 Howmet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Howmet Aerospace 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 Howmet Aerospace stock prices may prove useful in developing a viable investing in Howmet Aerospace
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 416 M | 426.3 M | |
| Net Income Applicable To Common Shares | 539.4 M | 566.3 M |
Howmet Aerospace Quarterly Net Working Capital |
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Howmet Aerospace Stock Technical Analysis
Howmet Aerospace 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
Howmet Aerospace Period Price Range
Low | November 25, 2024
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0.00 | 0.00 |
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Howmet Aerospace November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Howmet Aerospace stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Howmet Aerospace shares will generate the highest return on investment. By undertsting and applying Howmet Aerospace stock market strength indicators, traders can identify Howmet Aerospace entry and exit signals to maximize returns
Howmet Aerospace Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Howmet Aerospace's price direction in advance. Along with the technical and fundamental analysis of Howmet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Howmet 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 | 0.1287 | |||
| Jensen Alpha | 0.0971 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1177 | |||
| Treynor Ratio | 0.173 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Howmet Aerospace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Howmet Stock, please use our How to Invest in Howmet Aerospace guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Howmet Aerospace. If investors know Howmet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Howmet Aerospace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.8 | Dividend Share 0.23 | Earnings Share 2.61 | Revenue Per Share 17.775 | Quarterly Revenue Growth 0.107 |
The market value of Howmet Aerospace is measured differently than its book value, which is the value of Howmet that is recorded on the company's balance sheet. Investors also form their own opinion of Howmet Aerospace's value that differs from its market value or its book value, called intrinsic value, which is Howmet Aerospace's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Howmet Aerospace's market value can be influenced by many factors that don't directly affect Howmet Aerospace's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Howmet Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Howmet Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Howmet Aerospace's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.