Hudbay Minerals Stock Price on February 26, 2024
| HBM Stock | USD 9.77 0.04 0.41% |
Below is the normalized historical share price chart for Hudbay Minerals extending back to November 09, 2001. 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 Hudbay Minerals stands at 9.77, as last reported on the 31st of May, with the highest price reaching 9.91 and the lowest price hitting 9.65 during the day.
If you're considering investing in Hudbay Stock, it is important to understand the factors that can impact its price. Hudbay Minerals appears to be somewhat reliable, given 3 months investment horizon. Hudbay Minerals holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had a 0.25% return per unit of risk over the last 3 months. By evaluating Hudbay Minerals' technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please utilize Hudbay Minerals' Market Risk Adjusted Performance of 0.4003, downside deviation of 2.24, and Risk Adjusted Performance of 0.1687 to validate if our risk estimates are consistent with your expectations.
At this time, Hudbay Minerals' Common Stock Total Equity is very stable compared to the past year. As of the 31st of May 2024, Common Stock is likely to grow to about 2.3 B, while Common Stock Shares Outstanding is likely to drop about 156.9 M. . At this time, Hudbay Minerals' Price Earnings Ratio is very stable compared to the past year. As of the 31st of May 2024, Price Book Value Ratio is likely to grow to 1.35, though Price Earnings To Growth Ratio is likely to grow to (1.58). Hudbay Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of February 2009 | 200 Day MA 5.8722 | 50 Day MA 8.2802 | Beta 1.962 |
Hudbay |
Sharpe Ratio = 0.2465
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Estimated Market Risk
| 3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.8 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Hudbay Minerals 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 Hudbay Minerals by adding it to a well-diversified portfolio.
Price Book 1.2746 | Enterprise Value Ebitda 6.1509 | Price Sales 1.5934 | Shares Float 313.4 M | Dividend Share 0.015 |
Hudbay Minerals Valuation on February 26, 2024
It is possible to determine the worth of Hudbay Minerals on a given historical date. On February 26, 2024 Hudbay was worth 5.54 at the beginning of the trading date compared to the closed value of 5.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hudbay Minerals stock. Still, in general, we apply an absolute valuation method to find Hudbay Minerals' 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 Hudbay Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hudbay Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 5.63 | 5.76 | 5.22 | 5.59 | 4,342,407 | |
02/26/2024 | 5.54 | 5.57 | 5.45 | 5.54 | 2,628,403 |
| 5.60 | 5.84 | 5.57 | 5.81 | 2,796,039 |
| Backtest Hudbay Minerals | | | Hudbay Minerals History | | | Hudbay Minerals Valuation | Previous | Next |
Hudbay Minerals Trading Date Momentum on February 26, 2024
| On February 27 2024 Hudbay Minerals was traded for 5.81 at the closing time. Highest Hudbay Minerals's price during the trading hours was 5.84 and the lowest price during the day was 5.57 . The net volume was 2.8 M. The overall trading history on the 27th of February contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 4.87% . The trading delta at closing time to current price is 14.26% . |
Hudbay Minerals Fundamentals Correlations and Trends
By evaluating Hudbay Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hudbay Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hudbay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hudbay Minerals Stock history
Hudbay Minerals 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 Hudbay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hudbay Minerals 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 Hudbay Minerals stock prices may prove useful in developing a viable investing in Hudbay Minerals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 311 M | 156.9 M | |
| Net Income Applicable To Common Shares | 63.3 M | 66.5 M |
Hudbay Minerals Stock Technical Analysis
Hudbay Minerals 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
Hudbay Minerals Period Price Range
Low | February 26, 2024
| High |
5.54 | 5.54 |
Hudbay Minerals May 31, 2024 Market Strength
Market strength indicators help investors to evaluate how Hudbay Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hudbay Minerals shares will generate the highest return on investment. By undertsting and applying Hudbay Minerals stock market strength indicators, traders can identify Hudbay Minerals entry and exit signals to maximize returns
| Accumulation Distribution | 56626.28 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 5.51 | |||
| Day Typical Price | 5.52 | |||
| Price Action Indicator | 0.03 | |||
| Period Momentum Indicator | 4.23 |
Hudbay Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hudbay Minerals' price direction in advance. Along with the technical and fundamental analysis of Hudbay Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hudbay 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 | 0.1687 | |||
| Jensen Alpha | 0.7998 | |||
| Total Risk Alpha | 0.7579 | |||
| Sortino Ratio | 0.3643 | |||
| Treynor Ratio | 0.3903 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hudbay Minerals. 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 labor statistics. To learn how to invest in Hudbay Stock, please use our How to Invest in Hudbay Minerals guide.Note that the Hudbay Minerals information on this page should be used as a complementary analysis to other Hudbay Minerals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Hudbay Stock analysis
When running Hudbay Minerals' price analysis, check to measure Hudbay Minerals' 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 Hudbay Minerals is operating at the current time. Most of Hudbay Minerals' value examination focuses on studying past and present price action to predict the probability of Hudbay Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hudbay Minerals' price. Additionally, you may evaluate how the addition of Hudbay Minerals to your portfolios can decrease your overall portfolio volatility.
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Is Hudbay Minerals' 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 Hudbay Minerals. If investors know Hudbay 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 Hudbay Minerals 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 2.185 | Dividend Share 0.015 | Earnings Share 0.24 | Revenue Per Share 5.765 | Quarterly Revenue Growth 0.778 |
The market value of Hudbay Minerals is measured differently than its book value, which is the value of Hudbay that is recorded on the company's balance sheet. Investors also form their own opinion of Hudbay Minerals' value that differs from its market value or its book value, called intrinsic value, which is Hudbay Minerals' 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 Hudbay Minerals' market value can be influenced by many factors that don't directly affect Hudbay Minerals' 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 Hudbay Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hudbay Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hudbay Minerals' 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.