Heidelbergcement Ag Adr Stock Price on December 23, 2022
HDELY Stock | USD 20.03 0.04 0.20% |
If you're considering investing in HeidelbergCement Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of HeidelbergCement stands at 20.03, as last reported on the 25th of April, with the highest price reaching 20.08 and the lowest price hitting 19.89 during the day. We consider HeidelbergCement very steady. HeidelbergCement AG ADR holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for HeidelbergCement AG ADR, which you can use to evaluate the volatility of the firm. Please check out HeidelbergCement's Downside Deviation of 1.53, market risk adjusted performance of 0.2099, and Risk Adjusted Performance of 0.0718 to validate if the risk estimate we provide is consistent with the expected return of 0.18%.
HeidelbergCement Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
HeidelbergCement |
Sharpe Ratio = 0.117
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | HDELY | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average HeidelbergCement is performing at about 9% 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 HeidelbergCement by adding it to a well-diversified portfolio.
HeidelbergCement Valuation on December 23, 2022
It is possible to determine the worth of HeidelbergCement on a given historical date. On December 23, 2022 HeidelbergCement was worth 11.32 at the beginning of the trading date compared to the closed value of 10.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HeidelbergCement pink sheet. Still, in general, we apply an absolute valuation method to find HeidelbergCement'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 HeidelbergCement where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HeidelbergCement's related companies.
Open | High | Low | Close | Volume | |
11.12 | 11.15 | 10.74 | 10.74 | 37,323 | |
12/23/2022 | 11.32 | 11.41 | 10.95 | 10.95 | 65,921 |
11.44 | 11.56 | 11.04 | 11.04 | 49,862 |
Backtest HeidelbergCement | | | HeidelbergCement History | | | HeidelbergCement Valuation | Previous | Next |
HeidelbergCement Trading Date Momentum on December 23, 2022
On December 27 2022 HeidelbergCement AG ADR was traded for 11.04 at the closing time. The highest daily price throughout the period was 11.56 and the lowest price was 11.04 . The daily volume was 49.9 K. The net trading volume on 12/27/2022 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.82% . The trading delta at closing time to current closing price is 8.04% . |
HeidelbergCement AG ADR Fundamentals Correlations and Trends
By evaluating HeidelbergCement'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 HeidelbergCement's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HeidelbergCement financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HeidelbergCement Pink Sheet history
HeidelbergCement 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 HeidelbergCement is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HeidelbergCement AG ADR 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 HeidelbergCement stock prices may prove useful in developing a viable investing in HeidelbergCement
HeidelbergCement AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. HeidelbergCement AG was founded in 1873 and is headquartered in Heidelberg, Germany. HEIDELBERGCEMENT operates under Building Materials classification in the United States and is traded on OTC Exchange. It employs 52350 people.
HeidelbergCement Pink Sheet Technical Analysis
HeidelbergCement technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
HeidelbergCement Period Price Range
Low | December 23, 2022
| High |
11.32 | 10.95 |
HeidelbergCement April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how HeidelbergCement pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HeidelbergCement shares will generate the highest return on investment. By undertsting and applying HeidelbergCement pink sheet market strength indicators, traders can identify HeidelbergCement AG ADR entry and exit signals to maximize returns
HeidelbergCement Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HeidelbergCement's price direction in advance. Along with the technical and fundamental analysis of HeidelbergCement Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of HeidelbergCement 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 | 0.0718 | |||
Jensen Alpha | 0.088 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | 0.0446 | |||
Treynor Ratio | 0.1999 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HeidelbergCement AG ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for HeidelbergCement Pink Sheet analysis
When running HeidelbergCement's price analysis, check to measure HeidelbergCement'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 HeidelbergCement is operating at the current time. Most of HeidelbergCement's value examination focuses on studying past and present price action to predict the probability of HeidelbergCement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HeidelbergCement's price. Additionally, you may evaluate how the addition of HeidelbergCement to your portfolios can decrease your overall portfolio volatility.
CEOs Directory Screen CEOs from public companies around the world | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Commodity Directory Find actively traded commodities issued by global exchanges |