Highlight Communications (Germany) Price on September 26, 2024
| HLG Stock | 1.13 0.01 0.88% |
If you're considering investing in Highlight Stock, it is important to understand the factors that can impact its price. As of today, the current price of Highlight Communications stands at 1.13, as last reported on the 19th of December, with the highest price reaching 1.13 and the lowest price hitting 1.06 during the day. Highlight Communications appears to be dangerous, given 3 months investment horizon. Highlight Communications holds Efficiency (Sharpe) Ratio of 0.0698, which attests that the entity had a 0.0698% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Highlight Communications, which you can use to evaluate the volatility of the firm. Please utilize Highlight Communications' Risk Adjusted Performance of 0.0269, downside deviation of 3.44, and Market Risk Adjusted Performance of (0.62) to validate if our risk estimates are consistent with your expectations.
Highlight Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Highlight |
Sharpe Ratio = 0.0698
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Estimated Market Risk
| 3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Highlight Communications is performing at about 5% 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 Highlight Communications by adding it to a well-diversified portfolio.
Highlight Communications Valuation on September 26, 2024
It is possible to determine the worth of Highlight Communications on a given historical date. On September 26, 2024 Highlight was worth 1.15 at the beginning of the trading date compared to the closed value of 1.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Highlight Communications stock. Still, in general, we apply an absolute valuation method to find Highlight Communications' 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 Highlight Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Highlight Communications' related companies.
| Open | High | Low | Close | Volume | |
| 1.15 | 1.17 | 1.10 | 1.13 | 5,333 | |
09/26/2024 | 1.15 | 1.15 | 1.10 | 1.14 | 5,332 |
| 1.06 | 1.06 | 1.06 | 1.06 | 450.00 |
| Backtest Highlight Communications | | | Highlight Communications History | | | Highlight Communications Valuation | Previous | Next |
Highlight Communications Trading Date Momentum on September 26, 2024
| On September 27 2024 Highlight Communications AG was traded for 1.06 at the closing time. The highest price during the trading period was 1.06 and the lowest recorded bid was listed for 1.06 . The volume for the day was 450. This history from September 27, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 7.02% . The trading delta at closing time to the current price is 14.04% . |
Highlight Communications Fundamentals Correlations and Trends
By evaluating Highlight Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Highlight Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Highlight financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Highlight Communications Stock history
Highlight Communications 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 Highlight is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Highlight Communications 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 Highlight Communications stock prices may prove useful in developing a viable investing in Highlight Communications
Highlight Communications Stock Technical Analysis
Highlight Communications 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
Highlight Communications Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Highlight Communications AG cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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.
Highlight Communications December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Highlight Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Highlight Communications shares will generate the highest return on investment. By undertsting and applying Highlight Communications stock market strength indicators, traders can identify Highlight Communications AG entry and exit signals to maximize returns
Highlight Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Highlight Communications' price direction in advance. Along with the technical and fundamental analysis of Highlight Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Highlight 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 | 0.0269 | |||
| Jensen Alpha | 0.073 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.015 | |||
| Treynor Ratio | (0.63) |
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Additional Tools for Highlight Stock Analysis
When running Highlight Communications' price analysis, check to measure Highlight Communications' 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 Highlight Communications is operating at the current time. Most of Highlight Communications' value examination focuses on studying past and present price action to predict the probability of Highlight Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highlight Communications' price. Additionally, you may evaluate how the addition of Highlight Communications to your portfolios can decrease your overall portfolio volatility.