HydrogenPro (Norway) Price on November 27, 2024
| HYPRO Stock | NOK 4.37 0.23 5.00% |
If you're considering investing in HydrogenPro Stock, it is important to understand the factors that can impact its price. As of today, the current price of HydrogenPro stands at 4.37, as last reported on the 2nd of December, with the highest price reaching 4.60 and the lowest price hitting 4.31 during the day. HydrogenPro AS holds Efficiency (Sharpe) Ratio of -0.24, which attests that the entity had a -0.24% return per unit of risk over the last 3 months. HydrogenPro AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HydrogenPro's Standard Deviation of 4.43, market risk adjusted performance of 4.39, and Risk Adjusted Performance of (0.18) to validate the risk estimate we provide.
HydrogenPro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HydrogenPro |
Sharpe Ratio = -0.236
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| Negative Returns | HYPRO |
Estimated Market Risk
| 4.45 actual daily | 39 61% of assets are more volatile |
Expected Return
| -1.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.24 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HydrogenPro 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 HydrogenPro by adding HydrogenPro to a well-diversified portfolio.
HydrogenPro Valuation on November 27, 2024
It is possible to determine the worth of HydrogenPro on a given historical date. On November 27, 2024 HydrogenPro was worth 4.24 at the beginning of the trading date compared to the closed value of 4.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HydrogenPro stock. Still, in general, we apply an absolute valuation method to find HydrogenPro'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 HydrogenPro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HydrogenPro's related companies.
| Open | High | Low | Close | Volume | |
| 4.51 | 4.60 | 4.20 | 4.20 | 148,936 | |
11/27/2024 | 4.24 | 4.59 | 4.13 | 4.59 | 112,861 |
| 4.50 | 4.60 | 4.25 | 4.60 | 53,671 |
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HydrogenPro Trading Date Momentum on November 27, 2024
| On November 28 2024 HydrogenPro AS was traded for 4.60 at the closing time. The highest price during the trading period was 4.60 and the lowest recorded bid was listed for 4.25 . The volume for the day was 53.7 K. This history from November 28, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.22% . The trading delta at closing time to the current price is 6.10% . |
HydrogenPro AS Fundamentals Correlations and Trends
By evaluating HydrogenPro'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 HydrogenPro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HydrogenPro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HydrogenPro Stock history
HydrogenPro 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 HydrogenPro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HydrogenPro 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 HydrogenPro stock prices may prove useful in developing a viable investing in HydrogenPro
HydrogenPro AS designs and supplies customized hydrogen plants for industrial clients. The company was founded in 2013 and is based in Porsgrunn, Norway. HYDROGENPRO is traded on Oslo Stock Exchange in Norway.
HydrogenPro Stock Technical Analysis
HydrogenPro 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
HydrogenPro Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
HydrogenPro AS cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo 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.
HydrogenPro December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how HydrogenPro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HydrogenPro shares will generate the highest return on investment. By undertsting and applying HydrogenPro stock market strength indicators, traders can identify HydrogenPro AS entry and exit signals to maximize returns
HydrogenPro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HydrogenPro's price direction in advance. Along with the technical and fundamental analysis of HydrogenPro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HydrogenPro 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 | (0.18) | |||
| Jensen Alpha | (1.09) | |||
| Total Risk Alpha | (1.86) | |||
| Treynor Ratio | 4.38 |
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Other Information on Investing in HydrogenPro Stock
HydrogenPro financial ratios help investors to determine whether HydrogenPro 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 HydrogenPro with respect to the benefits of owning HydrogenPro security.