Hyzon Motors Stock Price on November 9, 2023

HYZN Stock  USD 1.67  0.02  1.21%   
If you're considering investing in Hyzon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hyzon Motors stands at 1.67, as last reported on the 30th of November, with the highest price reaching 1.71 and the lowest price hitting 1.65 during the day. Hyzon Motors holds Efficiency (Sharpe) Ratio of -0.0986, which attests that the entity had a -0.0986% return per unit of risk over the last 3 months. Hyzon Motors exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hyzon Motors' Standard Deviation of 7.19, risk adjusted performance of (0.08), and Market Risk Adjusted Performance of (1.90) to validate the risk estimate we provide.
  
At this time, Hyzon Motors' Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, Hyzon Motors' Price To Sales Ratio is very stable compared to the past year. As of the 30th of November 2024, Price Sales Ratio is likely to grow to about 39 K, while Price Earnings Ratio is likely to drop (62.49). Hyzon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0986

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Estimated Market Risk

 7.33
  actual daily
65
65% of assets are less volatile

Expected Return

 -0.72
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hyzon Motors 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 Hyzon Motors by adding Hyzon Motors to a well-diversified portfolio.
Price Book
0.9674
Enterprise Value Ebitda
5.7434
Price Sales
1.1827
Shares Float
4.6 M
Wall Street Target Price
80

Related Headline

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Filed transaction by Canoo Inc officer. General open market or private sale of non-derivative or derivative security

Hyzon Motors Valuation on November 9, 2023

It is possible to determine the worth of Hyzon Motors on a given historical date. On November 9, 2023 Hyzon was worth 40.2 at the beginning of the trading date compared to the closed value of 40.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hyzon Motors stock. Still, in general, we apply an absolute valuation method to find Hyzon Motors' 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 Hyzon Motors where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hyzon Motors' related companies.
 Open High Low Close Volume
  44.50    50.00    40.00    40.00    14,534  
11/09/2023
  40.20    43.30    40.00    40.50    10,612  
  40.05    41.00    36.10    37.25    23,810  
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Open Value
40.2
40.5
Closing Value
62.20
Upside

Hyzon Motors Trading Date Momentum on November 9, 2023

On November 10 2023 Hyzon Motors was traded for  37.25  at the closing time. The top price for the day was 41.00  and the lowest listed price was  36.10 . The trading volume for the day was 23.8 K. The trading history from November 10, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 8.02% . The trading delta at closing time against the current closing price is 53.09% .

Hyzon Motors Fundamentals Correlations and Trends

By evaluating Hyzon Motors' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hyzon Motors' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hyzon financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hyzon Motors Stock history

Hyzon Motors 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 Hyzon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hyzon Motors 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 Hyzon Motors stock prices may prove useful in developing a viable investing in Hyzon Motors
Last ReportedProjected for Next Year
Common Stock Shares Outstanding244.8 M196.1 M
Net Loss-14 M-14.7 M

Hyzon Motors Quarterly Net Working Capital

33.53 Million

Hyzon Motors Stock Technical Analysis

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

Hyzon Motors Period Price Range

Low
November 30, 2024
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Hyzon Motors cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Hyzon Motors November 30, 2024 Market Strength

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

Hyzon Motors Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hyzon Motors' price direction in advance. Along with the technical and fundamental analysis of Hyzon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hyzon 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.
When determining whether Hyzon Motors is a strong investment it is important to analyze Hyzon Motors' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hyzon Motors' future performance. For an informed investment choice regarding Hyzon Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyzon Motors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Hyzon Stock, please use our How to Invest in Hyzon Motors guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Automotive Parts & Equipment 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 Hyzon Motors. If investors know Hyzon 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 Hyzon Motors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(34.43)
Revenue Per Share
2.152
Quarterly Revenue Growth
(0.62)
Return On Assets
(0.50)
Return On Equity
(1.33)
The market value of Hyzon Motors is measured differently than its book value, which is the value of Hyzon that is recorded on the company's balance sheet. Investors also form their own opinion of Hyzon Motors' value that differs from its market value or its book value, called intrinsic value, which is Hyzon Motors' 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 Hyzon Motors' market value can be influenced by many factors that don't directly affect Hyzon Motors' 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 Hyzon Motors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyzon Motors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyzon Motors' 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.