Hubbell Stock Price on May 2, 2024

HUBB Stock  USD 381.62  9.85  2.65%   
Below is the normalized historical share price chart for Hubbell 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 Hubbell stands at 381.62, as last reported on the 6th of June, with the highest price reaching 381.82 and the lowest price hitting 375.00 during the day.
IPO Date
24th of December 2015
200 Day MA
345.6625
50 Day MA
399.607
Beta
0.959
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Hubbell Stock, it is important to understand the factors that can impact its price. Hubbell holds Efficiency (Sharpe) Ratio of -0.0125, which attests that the entity had a -0.0125% return per unit of risk over the last 3 months. Hubbell exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hubbell's Downside Deviation of 2.36, market risk adjusted performance of 0.0198, and Risk Adjusted Performance of 0.0155 to validate the risk estimate we provide.
  
At present, Hubbell's Total Stockholder Equity 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 7.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 48.3 M. . At present, Hubbell's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 6.43, whereas Price Earnings Ratio is forecasted to decline to 15.00. Hubbell Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0125

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Estimated Market Risk

 1.91
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hubbell is not performing at its full potential. However, 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 Hubbell by adding Hubbell to a well-diversified portfolio.
Price Book
7.4962
Enterprise Value Ebitda
20.0973
Price Sales
4.0139
Shares Float
53.4 M
Dividend Share
4.68

Related Headline

Acuity Brands Headline on 2nd of May 2024

Filed transaction by Acuity Brands Director. Grant, award or other acquisition pursuant to Rule 16b-3

Hubbell Valuation on May 2, 2024

It is possible to determine the worth of Hubbell on a given historical date. On May 2, 2024 Hubbell was worth 374.03 at the beginning of the trading date compared to the closed value of 371.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hubbell stock. Still, in general, we apply an absolute valuation method to find Hubbell'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 Hubbell where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hubbell's related companies.
 Open High Low Close Volume
  367.72    385.02    365.89    372.13    907,625  
05/02/2024
  374.03    377.04    367.27    371.78    645,589  
  377.43    381.31    376.29    378.70    433,697  
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Open Value
374.03
368.30
Downside
371.78
Closing Value
379.76
Upside

Hubbell Trading Date Momentum on May 2, 2024

On May 03 2024 Hubbell was traded for  378.70  at the closing time. The top price for the day was 381.31  and the lowest listed price was  376.29 . The trading volume for the day was 433.7 K. The trading history from May 3, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 1.86% . The trading delta at closing time against the current closing price is 9.58% .

Hubbell Fundamentals Correlations and Trends

By evaluating Hubbell'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 Hubbell's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hubbell financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hubbell Stock history

Hubbell 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 Hubbell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hubbell 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 Hubbell stock prices may prove useful in developing a viable investing in Hubbell
Last ReportedProjected for Next Year
Common Stock Shares Outstanding54 M48.3 M
Net Income Applicable To Common Shares627.8 M659.2 M

Hubbell Quarterly Net Working Capital

883.8 Million

Hubbell Stock Technical Analysis

Hubbell 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.
A focus of Hubbell technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hubbell trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hubbell Period Price Range

Low
May 2, 2024
-2.25  -0.6%
High

 374.03 

     

 371.78 

Hubbell June 6, 2024 Market Strength

Market strength indicators help investors to evaluate how Hubbell stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hubbell shares will generate the highest return on investment. By undertsting and applying Hubbell stock market strength indicators, traders can identify Hubbell entry and exit signals to maximize returns

Hubbell Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hubbell's price direction in advance. Along with the technical and fundamental analysis of Hubbell Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hubbell 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.

Complementary Tools for Hubbell Stock analysis

When running Hubbell's price analysis, check to measure Hubbell'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 Hubbell is operating at the current time. Most of Hubbell's value examination focuses on studying past and present price action to predict the probability of Hubbell's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hubbell's price. Additionally, you may evaluate how the addition of Hubbell to your portfolios can decrease your overall portfolio volatility.
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