Hillenbrand Stock Price on September 30, 2023
| HI Stock | USD 49.41 0.96 1.98% |
Below is the normalized historical share price chart for Hillenbrand extending back to March 20, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hillenbrand stands at 49.41, as last reported on the 28th of April, with the highest price reaching 49.51 and the lowest price hitting 48.56 during the day.
If you're considering investing in Hillenbrand Stock, it is important to understand the factors that can impact its price. We consider Hillenbrand very steady. Hillenbrand holds Efficiency (Sharpe) Ratio of 0.0593, which attests that the entity had a 0.0593% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hillenbrand, which you can use to evaluate the volatility of the firm. Please check out Hillenbrand's Market Risk Adjusted Performance of 0.1072, downside deviation of 1.94, and Risk Adjusted Performance of 0.0587 to validate if the risk estimate we provide is consistent with the expected return of 0.1%.
As of now, Hillenbrand's Total Stockholder Equity is increasing as compared to previous years. The Hillenbrand's current Liabilities And Stockholders Equity is estimated to increase to about 6.7 B, while Common Stock Shares Outstanding is projected to decrease to under 70.9 M. . As of now, Hillenbrand's Price To Book Ratio is decreasing as compared to previous years. The Hillenbrand's current Price Sales Ratio is estimated to increase to 0.98, while Price Earnings Ratio is projected to decrease to 5.66. Hillenbrand Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of March 2008 | 200 Day MA 45.2012 | 50 Day MA 48.0892 | Beta 1.508 |
Hillenbrand |
Sharpe Ratio = 0.0593
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Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Hillenbrand is performing at about 4% 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 Hillenbrand by adding it to a well-diversified portfolio.
Price Book 1.9459 | Enterprise Value Ebitda 11.9563 | Price Sales 1.1163 | Shares Float 69.4 M | Dividend Share 0.883 |
Hillenbrand Main Headline on 29th of September 2023
Hillenbrand dividend paid on 29th of September 2023 |
Hillenbrand Valuation on September 30, 2023
It is possible to determine the worth of Hillenbrand on a given historical date. On September 30, 2023 Hillenbrand was worth 43.17 at the beginning of the trading date compared to the closed value of 41.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hillenbrand stock. Still, in general, we apply an absolute valuation method to find Hillenbrand'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 Hillenbrand where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hillenbrand's related companies.
| Open | High | Low | Close | Volume | |
| 43.19 | 43.19 | 42.24 | 42.31 | 403,712 | |
09/29/2023 | 43.17 | 43.17 | 41.89 | 41.89 | 223,126 |
| 42.13 | 43.27 | 41.98 | 42.77 | 411,171 |
| Backtest Hillenbrand | | | Hillenbrand History | | | Hillenbrand Valuation | Previous | Next |
Hillenbrand Trading Date Momentum on September 30, 2023
| On October 02 2023 Hillenbrand was traded for 42.77 at the closing time. The highest price during the trading period was 43.27 and the lowest recorded bid was listed for 41.98 . The volume for the day was 411.2 K. This history from October 2, 2023 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 2.10% . The trading delta at closing time to the current price is 1.50% . |
Hillenbrand Fundamentals Correlations and Trends
By evaluating Hillenbrand'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 Hillenbrand's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hillenbrand financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hillenbrand Stock history
Hillenbrand 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 Hillenbrand is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hillenbrand 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 Hillenbrand stock prices may prove useful in developing a viable investing in Hillenbrand
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 80.6 M | 70.9 M | |
| Net Income Applicable To Common Shares | 655.2 M | 687.9 M |
Hillenbrand Quarterly Net Working Capital |
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Hillenbrand Stock Technical Analysis
Hillenbrand 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
Hillenbrand Period Price Range
Low | September 29, 2023
| High |
43.17 | 41.89 |
Hillenbrand April 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Hillenbrand stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hillenbrand shares will generate the highest return on investment. By undertsting and applying Hillenbrand stock market strength indicators, traders can identify Hillenbrand entry and exit signals to maximize returns
| Accumulation Distribution | 6615.74 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 42.53 | |||
| Day Typical Price | 42.32 | |||
| Price Action Indicator | (1.28) | |||
| Period Momentum Indicator | 7.52 |
Hillenbrand Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hillenbrand's price direction in advance. Along with the technical and fundamental analysis of Hillenbrand Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hillenbrand 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 | 0.0587 | |||
| Jensen Alpha | 0.0248 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0281 | |||
| Treynor Ratio | 0.0972 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillenbrand. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Hillenbrand Stock analysis
When running Hillenbrand's price analysis, check to measure Hillenbrand'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 Hillenbrand is operating at the current time. Most of Hillenbrand's value examination focuses on studying past and present price action to predict the probability of Hillenbrand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hillenbrand's price. Additionally, you may evaluate how the addition of Hillenbrand to your portfolios can decrease your overall portfolio volatility.
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Is Hillenbrand's industry 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 Hillenbrand. If investors know Hillenbrand 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 Hillenbrand listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 0.883 | Earnings Share 1.42 | Revenue Per Share 42.036 | Quarterly Revenue Growth 0.179 |
The market value of Hillenbrand is measured differently than its book value, which is the value of Hillenbrand that is recorded on the company's balance sheet. Investors also form their own opinion of Hillenbrand's value that differs from its market value or its book value, called intrinsic value, which is Hillenbrand's 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 Hillenbrand's market value can be influenced by many factors that don't directly affect Hillenbrand's 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 Hillenbrand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hillenbrand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hillenbrand's 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.