Herman Miller (Germany) Price on February 19, 2024

MHR Stock  EUR 24.40  1.20  5.17%   
If you're considering investing in Herman Stock, it is important to understand the factors that can impact its price. As of today, the current price of Herman Miller stands at 24.40, as last reported on the 4th of December, with the highest price reaching 24.40 and the lowest price hitting 24.40 during the day. Herman Miller holds Efficiency (Sharpe) Ratio of -0.0017, which attests that the entity had a -0.0017% return per unit of risk over the last 3 months. Herman Miller exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Herman Miller's Standard Deviation of 2.6, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
  
Herman Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0017

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Estimated Market Risk

 2.57
  actual daily
22
78% of assets are more volatile

Expected Return

 0.0
  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 Herman Miller 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 Herman Miller by adding Herman Miller to a well-diversified portfolio.

Herman Miller Valuation on February 19, 2024

It is possible to determine the worth of Herman Miller on a given historical date. On February 19, 2024 Herman was worth 26.99 at the beginning of the trading date compared to the closed value of 26.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Herman Miller stock. Still, in general, we apply an absolute valuation method to find Herman Miller'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 Herman Miller where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Herman Miller's related companies.
 Open High Low Close Volume
  27.37    27.37    27.37    27.37    1.00  
02/19/2024
  26.99    26.99    26.99    26.99    1.00  
  26.99    26.99    26.99    26.99    1.00  
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Open Value
26.99
26.99
Closing Value
34.69
Upside

Herman Miller Trading Date Momentum on February 19, 2024

On February 20 2024 Herman Miller was traded for  26.99  at the closing time. The highest daily price throughout the period was 26.99  and the lowest price was  26.99 . There was no trading activity during the period 1.0. Lack of trading volume on 02/20/2024 did not cause price change. The trading delta at closing time to current closing price is 0.67% .

Herman Miller Fundamentals Correlations and Trends

By evaluating Herman Miller'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 Herman Miller's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Herman financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Herman Miller Stock history

Herman Miller 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 Herman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Herman Miller 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 Herman Miller stock prices may prove useful in developing a viable investing in Herman Miller
Herman Miller, Inc. engages in the research, design, manufacture, and distribution of office furniture systems, seating products, other freestanding furniture elements, textiles, home furnishings, and related services in the United States and internationally. Herman Miller, Inc. was founded in 1905 and is headquartered in Zeeland, Michigan. MILLER DL operates under Business Equipment classification in Germany and is traded on Frankfurt Stock Exchange.

Herman Miller Stock Technical Analysis

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

Herman Miller Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Herman Miller cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Herman Miller December 4, 2024 Market Strength

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

Herman Miller Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Herman Miller's price direction in advance. Along with the technical and fundamental analysis of Herman Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Herman 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.

Complementary Tools for Herman Stock analysis

When running Herman Miller's price analysis, check to measure Herman Miller'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 Herman Miller is operating at the current time. Most of Herman Miller's value examination focuses on studying past and present price action to predict the probability of Herman Miller's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Herman Miller's price. Additionally, you may evaluate how the addition of Herman Miller to your portfolios can decrease your overall portfolio volatility.
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