Hydract AS (Denmark) Price on November 26, 2024
HYDRCT Stock | DKK 0.31 0.07 29.17% |
If you're considering investing in Hydract Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hydract AS stands at 0.31, as last reported on the 27th of November, with the highest price reaching 0.42 and the lowest price hitting 0.24 during the day. Hydract AS holds Efficiency (Sharpe) Ratio of -0.0037, which attests that the entity had a -0.0037% return per unit of risk over the last 3 months. Hydract AS exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hydract AS's Risk Adjusted Performance of (0.02), standard deviation of 17.13, and Market Risk Adjusted Performance of 0.288 to validate the risk estimate we provide.
Hydract Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hydract |
Sharpe Ratio = -0.0037
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Estimated Market Risk
17.76 actual daily | 96 96% of assets are less volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hydract 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 Hydract AS by adding Hydract AS to a well-diversified portfolio.
Hydract AS Valuation on November 26, 2024
It is possible to determine the worth of Hydract AS on a given historical date. On November 26, 2024 Hydract was worth 0.3 at the beginning of the trading date compared to the closed value of 0.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hydract AS stock. Still, in general, we apply an absolute valuation method to find Hydract 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 Hydract AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hydract AS's related companies.
Open | High | Low | Close | Volume | |
0.25 | 0.30 | 0.24 | 0.24 | 36,075 | |
11/26/2024 | 0.30 | 0.42 | 0.24 | 0.31 | 144,396 |
Backtest Hydract AS | | | Hydract AS History | | | Hydract AS Valuation | Previous |
Hydract AS Trading Date Momentum on November 26, 2024
On November 26 2024 Hydract AS was traded for 0.31 at the closing time. The highest price during the trading period was 0.42 and the lowest recorded bid was listed for 0.24 . The volume for the day was 144.4 K. This history from November 26, 2024 did not cause price change. The trading delta at closing time to the current price is 3.23% . |
Hydract AS Fundamentals Correlations and Trends
By evaluating Hydract 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 Hydract AS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hydract financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hydract AS Stock history
Hydract 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 Hydract is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hydract 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 Hydract AS stock prices may prove useful in developing a viable investing in Hydract AS
Hydract AS develops water hydraulic solutions for the beverage producers. The company was incorporated in 2008 and is based in Holstebro, Denmark. Hydract AS is traded on Copenhagen Stock Exchange in Denmark.
Hydract AS Stock Technical Analysis
Hydract 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.
Price Boundaries
Hydract AS Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Hydract 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.
Hydract AS November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Hydract 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 Hydract AS shares will generate the highest return on investment. By undertsting and applying Hydract AS stock market strength indicators, traders can identify Hydract AS entry and exit signals to maximize returns
Hydract AS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hydract AS's price direction in advance. Along with the technical and fundamental analysis of Hydract Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hydract 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 | (0.02) | |||
Jensen Alpha | (0.34) | |||
Total Risk Alpha | (3.25) | |||
Treynor Ratio | 0.278 |
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When running Hydract AS's price analysis, check to measure Hydract AS'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 Hydract AS is operating at the current time. Most of Hydract AS's value examination focuses on studying past and present price action to predict the probability of Hydract AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hydract AS's price. Additionally, you may evaluate how the addition of Hydract AS to your portfolios can decrease your overall portfolio volatility.
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