Hurco Companies Stock Price on May 20, 2024
| HURC Stock | USD 17.84 0.16 0.89% |
Below is the normalized historical share price chart for Hurco Companies extending back to August 27, 1980. 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 Hurco Companies stands at 17.84, as last reported on the 2nd of June, with the highest price reaching 18.01 and the lowest price hitting 17.78 during the day.
If you're considering investing in Hurco Stock, it is important to understand the factors that can impact its price. Hurco Companies holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. Hurco Companies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hurco Companies' Risk Adjusted Performance of (0.09), market risk adjusted performance of (0.74), and Standard Deviation of 3.36 to validate the risk estimate we provide.
At present, Hurco Companies' Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 3.3 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 6.5 M. . At present, Hurco Companies' Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 0.53, whereas Price Book Value Ratio is forecasted to decline to 0.64. Hurco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of September 1989 | 200 Day MA 21.2428 | 50 Day MA 18.7358 | Beta 0.451 |
Hurco |
Sharpe Ratio = -0.1595
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Estimated Market Risk
| 3.39 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.54 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hurco Companies 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 Hurco Companies by adding Hurco Companies to a well-diversified portfolio.
Price Book 0.5589 | Enterprise Value Ebitda 14.4658 | Price Sales 0.5743 | Shares Float 5.2 M | Dividend Share 0.64 |
Related Headline
Eaton PLC Headline on 20th of May 2024
Disposition of 800 shares by Wadecki Adam A of Eaton PLC sub... by Wadecki Adam A
Filed transaction by Eaton PLC Officer: See Remarks Below. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Hurco Companies Valuation on May 20, 2024
It is possible to determine the worth of Hurco Companies on a given historical date. On May 20, 2024 Hurco was worth 18.04 at the beginning of the trading date compared to the closed value of 17.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hurco Companies stock. Still, in general, we apply an absolute valuation method to find Hurco Companies' 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 Hurco Companies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hurco Companies' related companies.
| Open | High | Low | Close | Volume | |
| 18.27 | 18.35 | 17.99 | 17.99 | 8,731 | |
05/20/2024 | 18.04 | 18.04 | 17.50 | 17.50 | 25,111 |
| 17.72 | 17.92 | 17.58 | 17.75 | 16,019 |
| Backtest Hurco Companies | | | Hurco Companies History | | | Hurco Companies Valuation | Previous | Next |
Hurco Companies Trading Date Momentum on May 20, 2024
| On May 21 2024 Hurco Companies was traded for 17.75 at the closing time. The top price for the day was 17.92 and the lowest listed price was 17.58 . The trading volume for the day was 16 K. The trading history from May 21, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 1.43% . The trading delta at closing time against the current closing price is 2.86% . |
Hurco Companies Fundamentals Correlations and Trends
By evaluating Hurco Companies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hurco Companies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hurco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hurco Companies Stock history
Hurco Companies 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 Hurco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hurco Companies 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 Hurco Companies stock prices may prove useful in developing a viable investing in Hurco Companies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.5 M | 6.5 M | |
| Net Income Applicable To Common Shares | 7.4 M | 9.7 M |
Hurco Companies Quarterly Net Working Capital |
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Hurco Companies Stock Technical Analysis
Hurco Companies 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
Hurco Companies Period Price Range
Low | May 20, 2024
| High |
18.04 | 17.50 |
Hurco Companies June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Hurco Companies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hurco Companies shares will generate the highest return on investment. By undertsting and applying Hurco Companies stock market strength indicators, traders can identify Hurco Companies entry and exit signals to maximize returns
Hurco Companies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hurco Companies' price direction in advance. Along with the technical and fundamental analysis of Hurco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hurco 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 | (0.09) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.75) |
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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 Hurco Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Hurco Stock refer to our How to Trade Hurco Stock guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Hurco Stock analysis
When running Hurco Companies' price analysis, check to measure Hurco Companies' 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 Hurco Companies is operating at the current time. Most of Hurco Companies' value examination focuses on studying past and present price action to predict the probability of Hurco Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hurco Companies' price. Additionally, you may evaluate how the addition of Hurco Companies to your portfolios can decrease your overall portfolio volatility.
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Is Hurco Companies' 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 Hurco Companies. If investors know Hurco 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 Hurco Companies 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 0.686 | Dividend Share 0.64 | Earnings Share 0.21 | Revenue Per Share 33.702 | Quarterly Revenue Growth (0.18) |
The market value of Hurco Companies is measured differently than its book value, which is the value of Hurco that is recorded on the company's balance sheet. Investors also form their own opinion of Hurco Companies' value that differs from its market value or its book value, called intrinsic value, which is Hurco Companies' 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 Hurco Companies' market value can be influenced by many factors that don't directly affect Hurco Companies' 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 Hurco Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hurco Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hurco Companies' 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.