Hanover Insurance (Germany) Price on September 26, 2024
| AF4 Stock | EUR 151.00 1.00 0.66% |
If you're considering investing in Hanover Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hanover Insurance stands at 151.00, as last reported on the 17th of November 2024, with the highest price reaching 151.00 and the lowest price hitting 151.00 during the day. Hanover Insurance appears to be very steady, given 3 months investment horizon. Hanover Insurance holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hanover Insurance, which you can use to evaluate the volatility of the firm. Please utilize Hanover Insurance's Risk Adjusted Performance of 0.1814, market risk adjusted performance of 0.4759, and Downside Deviation of 1.33 to validate if our risk estimates are consistent with your expectations.
Hanover Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hanover |
Sharpe Ratio = 0.2431
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Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Hanover Insurance is performing at about 19% 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 Hanover Insurance by adding it to a well-diversified portfolio.
Hanover Insurance Valuation on September 26, 2024
It is possible to determine the worth of Hanover Insurance on a given historical date. On September 26, 2024 Hanover was worth 131.0 at the beginning of the trading date compared to the closed value of 131.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hanover Insurance stock. Still, in general, we apply an absolute valuation method to find Hanover Insurance'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 Hanover Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hanover Insurance's related companies.
| Open | High | Low | Close | Volume | |
| 131.00 | 131.00 | 131.00 | 131.00 | 4.00 | |
09/26/2024 | 131.00 | 131.00 | 131.00 | 131.00 | 4.00 |
| 130.00 | 133.00 | 130.00 | 133.00 | 10.00 |
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Hanover Insurance Trading Date Momentum on September 26, 2024
| On September 27 2024 The Hanover Insurance was traded for 133.00 at the closing time. The highest daily price throughout the period was 133.00 and the lowest price was 130.00 . The daily volume was 10.0. The net trading volume on 09/27/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.53% . The trading price change to current closing price is 2.29% . |
Hanover Insurance Fundamentals Correlations and Trends
By evaluating Hanover Insurance'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 Hanover Insurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hanover financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hanover Insurance Stock history
Hanover Insurance 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 Hanover is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hanover Insurance 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 Hanover Insurance stock prices may prove useful in developing a viable investing in Hanover Insurance
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts. HANOVER INSUR operates under InsuranceProperty Casualty classification in Germany and is traded on Frankfurt Stock Exchange. It employs 4300 people.
Hanover Insurance Stock Technical Analysis
Hanover Insurance 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
Hanover Insurance Period Price Range
Low | November 17, 2024
| High |
0.00 | 0.00 |
The Hanover Insurance 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.
Hanover Insurance November 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Hanover Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hanover Insurance shares will generate the highest return on investment. By undertsting and applying Hanover Insurance stock market strength indicators, traders can identify The Hanover Insurance entry and exit signals to maximize returns
Hanover Insurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hanover Insurance's price direction in advance. Along with the technical and fundamental analysis of Hanover Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hanover 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 | 0.1814 | |||
| Jensen Alpha | 0.2754 | |||
| Total Risk Alpha | 0.1513 | |||
| Sortino Ratio | 0.1885 | |||
| Treynor Ratio | 0.4659 |
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| Volume Indicators |
Complementary Tools for Hanover Stock analysis
When running Hanover Insurance's price analysis, check to measure Hanover Insurance'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 Hanover Insurance is operating at the current time. Most of Hanover Insurance's value examination focuses on studying past and present price action to predict the probability of Hanover Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Insurance's price. Additionally, you may evaluate how the addition of Hanover Insurance to your portfolios can decrease your overall portfolio volatility.
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