Hyzon Motors Stock Price on May 1, 2023
HYZNW Stock | USD 0.02 0.0005 3.31% |
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 0.02, as last reported on the 2nd of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. HYZON Motors is out of control given 3 months investment horizon. HYZON Motors holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of standard deviation over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 2.27% are justified by taking the suggested risk. Use HYZON Motors risk adjusted performance of 0.0606, and Market Risk Adjusted Performance of (0.32) to evaluate company specific risk that cannot be diversified away.
At this time, HYZON Motors' Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 245.9 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 258 M in 2024. . At this time, HYZON Motors' Price To Sales Ratio is fairly stable compared to the past year. Price Sales Ratio is likely to climb to about 39 K in 2024, whereas Price Earnings Ratio is likely to drop (62.49) in 2024. HYZON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HYZON |
Sharpe Ratio = 0.1071
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Estimated Market Risk
21.17 actual daily | 96 96% of assets are less volatile |
Expected Return
2.27 actual daily | 45 55% of assets have higher returns |
Risk-Adjusted Return
0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average HYZON Motors is performing at about 8% 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 HYZON Motors by adding it to a well-diversified portfolio.
Book Value 26.662 | Shares Float 4.6 M | Shares Short Prior Month 12.2 K | Earnings Share (0.27) | Shares Short 6.3 K |
HYZON Motors Valuation on May 1, 2023
It is possible to determine the worth of HYZON Motors on a given historical date. On May 1, 2023 HYZON was worth 0.06 at the beginning of the trading date compared to the closed value of 0.08. 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 | |
0.08 | 0.08 | 0.08 | 0.08 | 93.00 | |
05/01/2023 | 0.06 | 0.08 | 0.05 | 0.08 | 3,622 |
0.08 | 0.08 | 0.05 | 0.07 | 65,953 |
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HYZON Motors Trading Date Momentum on May 1, 2023
On May 02 2023 HYZON Motors was traded for 0.07 at the closing time. The highest daily price throughout the period was 0.08 and the lowest price was 0.05 . The daily volume was 66 K. The net trading volume on 05/02/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 15.62% . The trading delta at closing time to current closing price is 1.50% . |
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 244.8 M | 196.1 M | |
Net Loss | -19.5 M | -20.4 M |
HYZON Motors Quarterly Net Working Capital |
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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.
Price Boundaries
HYZON Motors Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
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 December 2, 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.
Risk Adjusted Performance | 0.0606 | |||
Jensen Alpha | 2.0 | |||
Total Risk Alpha | (2.19) | |||
Sortino Ratio | 0.0734 | |||
Treynor Ratio | (0.33) |
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Additional Tools for HYZON Stock Analysis
When running HYZON Motors' price analysis, check to measure HYZON Motors' 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 HYZON Motors is operating at the current time. Most of HYZON Motors' value examination focuses on studying past and present price action to predict the probability of HYZON Motors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HYZON Motors' price. Additionally, you may evaluate how the addition of HYZON Motors to your portfolios can decrease your overall portfolio volatility.