Honda Motor Co Stock Price on February 7, 2024
| HMC Stock | USD 34.10 0.25 0.74% |
Below is the normalized historical share price chart for Honda Motor Co extending back to November 05, 1984. 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 Honda stands at 34.10, as last reported on the 30th of April, with the highest price reaching 34.11 and the lowest price hitting 33.95 during the day.
If you're considering investing in Honda Stock, it is important to understand the factors that can impact its price. We consider Honda very steady. Honda Motor holds Efficiency (Sharpe) Ratio of 0.0306, which attests that the entity had a 0.0306% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Honda Motor, which you can use to evaluate the volatility of the firm. Please check out Honda's Risk Adjusted Performance of 0.0484, market risk adjusted performance of 0.0884, and Downside Deviation of 1.25 to validate if the risk estimate we provide is consistent with the expected return of 0.0359%.
At present, Honda's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 29.8 T, whereas Other Stockholder Equity is projected to grow to (255.9 B). . The current year's Price To Free Cash Flows Ratio is expected to grow to 11.34, whereas Price To Sales Ratio is forecasted to decline to 0.50. Honda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of December 1957 | 200 Day MA 33.0528 | 50 Day MA 35.7944 | Beta 0.61 |
Honda |
Sharpe Ratio = 0.0306
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| Negative Returns | HMC |
Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Honda is performing at about 2% 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 Honda by adding it to a well-diversified portfolio.
Price Book 0.7363 | Enterprise Value Ebitda 0.0424 | Price Sales 0.0031 | Shares Float 4.9 B | Dividend Share 49 |
Honda Valuation on February 7, 2024
It is possible to determine the worth of Honda on a given historical date. On February 7, 2024 Honda was worth 34.87 at the beginning of the trading date compared to the closed value of 34.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Honda stock. Still, in general, we apply an absolute valuation method to find Honda'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 Honda where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Honda's related companies.
| Open | High | Low | Close | Volume | |
| 34.15 | 34.55 | 34.13 | 34.42 | 981,877 | |
02/07/2024 | 34.87 | 34.98 | 34.79 | 34.93 | 857,440 |
| 34.73 | 35.18 | 34.64 | 35.16 | 1,023,556 |
| Backtest Honda | | | Honda History | | | Honda Valuation | Previous | Next |
Honda Trading Date Momentum on February 7, 2024
| On February 08 2024 Honda Motor Co was traded for 35.16 at the closing time. Highest Honda's price during the trading hours was 35.18 and the lowest price during the day was 34.64 . The net volume was 1 M. The overall trading history on the 8th of February contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.66% . The trading delta at closing time to current price is 0.37% . |
Honda Motor Fundamentals Correlations and Trends
By evaluating Honda'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 Honda's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Honda financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Honda Stock history
Honda 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 Honda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Honda Motor 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 Honda stock prices may prove useful in developing a viable investing in Honda
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.9 B | 6.1 B | |
| Net Income Applicable To Common Shares | 799.6 B | 539.5 B |
Honda Quarterly Net Working Capital |
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Honda Stock Technical Analysis
Honda 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
Honda Period Price Range
Low | February 7, 2024
| High |
34.87 | 34.93 |
Honda April 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Honda stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Honda shares will generate the highest return on investment. By undertsting and applying Honda stock market strength indicators, traders can identify Honda Motor Co entry and exit signals to maximize returns
Honda Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Honda's price direction in advance. Along with the technical and fundamental analysis of Honda Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Honda 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 | 0.0484 | |||
| Jensen Alpha | (0.0007) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0784 |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honda Motor Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Honda Stock analysis
When running Honda's price analysis, check to measure Honda'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 Honda is operating at the current time. Most of Honda's value examination focuses on studying past and present price action to predict the probability of Honda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honda's price. Additionally, you may evaluate how the addition of Honda to your portfolios can decrease your overall portfolio volatility.
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Is Honda'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 Honda. If investors know Honda 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 Honda 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 0.081 | Dividend Share 49 | Earnings Share 3.68 | Revenue Per Share 11.8 K | Quarterly Revenue Growth 0.214 |
The market value of Honda Motor is measured differently than its book value, which is the value of Honda that is recorded on the company's balance sheet. Investors also form their own opinion of Honda's value that differs from its market value or its book value, called intrinsic value, which is Honda'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 Honda's market value can be influenced by many factors that don't directly affect Honda'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 Honda's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honda is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honda'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.