Honeywell International Stock Price on May 15, 2024
| HON Stock | USD 210.74 1.96 0.94% |
If you're considering investing in Honeywell Stock, it is important to understand the factors that can impact its price. As of today, the current price of Honeywell International stands at 210.74, as last reported on the 10th of June, with the highest price reaching 211.06 and the lowest price hitting 209.13 during the day. We consider Honeywell International very steady. Honeywell International holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Honeywell International, which you can use to evaluate the volatility of the firm. Please check out Honeywell International's Market Risk Adjusted Performance of 0.1281, risk adjusted performance of 0.0692, and Downside Deviation of 0.9573 to validate if the risk estimate we provide is consistent with the expected return of 0.1%.
Honeywell Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Honeywell |
Sharpe Ratio = 0.1063
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Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Honeywell International is performing at about 8% 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 Honeywell International by adding it to a well-diversified portfolio.
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Honeywell International Valuation on May 15, 2024
It is possible to determine the worth of Honeywell International on a given historical date. On May 15, 2024 Honeywell was worth 204.37 at the beginning of the trading date compared to the closed value of 203.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Honeywell International stock. Still, in general, we apply an absolute valuation method to find Honeywell International'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 Honeywell International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Honeywell International's related companies.
| Open | High | Low | Close | Volume | |
| 205.00 | 205.38 | 202.14 | 202.14 | 2,378,589 | |
05/15/2024 | 204.37 | 205.35 | 202.77 | 203.98 | 2,675,812 |
| 204.97 | 207.27 | 204.58 | 206.62 | 2,566,940 |
| Backtest Honeywell International | | | Honeywell International History | | | Honeywell International Valuation | Previous | Next |
Honeywell International Trading Date Momentum on May 15, 2024
| On May 16 2024 Honeywell International was traded for 206.62 at the closing time. Highest Honeywell International's price during the trading hours was 207.27 and the lowest price during the day was 204.58 . The net volume was 2.6 M. The overall trading history on the 16th of May 2024 contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 1.29% . The trading delta at closing time to current price is 2.85% . |
Honeywell International Fundamentals Correlations and Trends
By evaluating Honeywell International'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 Honeywell International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Honeywell financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Honeywell International Stock history
Honeywell International 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 Honeywell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Honeywell International 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 Honeywell International stock prices may prove useful in developing a viable investing in Honeywell International
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. The company was founded in 1906 and is headquartered in Charlotte, North Carolina. Honeywell International operates under Conglomerates classification in the United States and is traded on NASDAQ Exchange. It employs 99000 people.
Honeywell International Stock Technical Analysis
Honeywell International 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
Honeywell International Period Price Range
Low | May 15, 2024
| High |
204.37 | 203.98 |
Honeywell International June 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Honeywell International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Honeywell International shares will generate the highest return on investment. By undertsting and applying Honeywell International stock market strength indicators, traders can identify Honeywell International entry and exit signals to maximize returns
| Accumulation Distribution | 33618.68 | |||
| Daily Balance Of Power | (0.15) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 204.06 | |||
| Day Typical Price | 204.03 | |||
| Price Action Indicator | (0.28) | |||
| Period Momentum Indicator | 6.76 | |||
| Relative Strength Index | 63.98 |
Honeywell International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Honeywell International's price direction in advance. Along with the technical and fundamental analysis of Honeywell Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Honeywell 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 | 0.0692 | |||
| Jensen Alpha | 0.0921 | |||
| Total Risk Alpha | 0.0912 | |||
| Sortino Ratio | 0.096 | |||
| Treynor Ratio | 0.1181 |
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Additional Information and Resources on Investing in Honeywell Stock
When determining whether Honeywell International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Honeywell International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Honeywell International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Honeywell International Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Aircraft space 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 Honeywell International. If investors know Honeywell 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 Honeywell International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International'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 Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International'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 Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honeywell International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International'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.