HELMA EIGENHEIMBAU AG (H5E) Stock Volume - Impact On Prices

| February 7, 2019More Stocks

This report analyzes the impact of recent 52-week volume of HELMA EIGENHEIMBAU AG (H5E) stock on the share prices (and gains). After reading the report, you will be in a better position to assess the future impact of volumes on prices.

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Note: Volume is a measure of the total number of shares traded in the market. These are the tiny bars you will see at the bottom of the conventional price charts.

Below is a table of contents to help you navigate through the report. There are 5 sections in this analysis report.

  1. How HELMA EIGENHEIMBAU AG (H5E) Weekly Volumes Are Affecting Price
  2. Did 30 Highest Volume Days Of H5E Closed In Profits?
  3. How HELMA EIGENHEIMBAU AG (H5E) Monthly Volumes Are Affecting Price
  4. Volume Of H5E Vs Similar Stocks
  5. How Annual Volumes Are Affecting H5E Price

Note: Do you want to know the best performing days, months and weeks of H5E recently. We recommend you to read the 52-week highs/lows report for H5E.

1 How HELMA EIGENHEIMBAU AG (H5E) Weekly Volumes Are Affecting Price

First, let us see a graph representing the weekly prices and volumes for the recent 52 weeks between 05-02-2018 and 05-02-2019.

Note: Since prices and volumes are on different scales, we have plotted the percentage change in volumes against the percentage change in prices. In other words, each value denotes the difference (%) between the spot volume/price and the initial volume/price at the start of the graph.

HELMA EIGENHEIMBAU AG (H5E) Stcok Current Year Volumes By Weekly

Note: To understand how we created the above graph, here is a table showing sample data.

WeekPrice (Avg.) (€)Price Change (%)Volumes (Avg.)Volume Change (%)
333.500810
737.4611.82339319
1136.659.4214164
1533.720.66229183
1938.5615.1233188
2336.498.93173114
2835.094.75175116
3237.2211.1196142
3637.2511.1910023
4034.884.12290258
4430.48-9.01331309
4834.823.9415591

Now we are going to see if there is a relationship between weekly average volumes of HELMA EIGENHEIMBAU AG (H5E) shares with that of the stock prices. We are going to check the "Correlation" between weekly volumes and prices.

Note: If the word correlation is new to you, here is a simple explanation. Correlation is a technique that apart from other things gives out a number called the correlation coefficient. This coefficient is a measure of how two variables (in our case price and volume) are related. The coefficient can assume values between -1 to +1. Before measuring the coefficient for H5E shares, below is a table that will guide to interpret the value.

Value Interpretation
-1 to -0.5. If volume decreases price increases almost always
-0.5 to 0 If volume decreases price increases but not always
0 There is no relationship between volume and price
0 to 0.5 If volume increases price increases but not always
.5 to 1 If volume increases price increases almost always

HELMA EIGENHEIMBAU AG (H5E) Stock's Price-Volume Correlation Coefficient

We are not going show you the elaborate method of finding the correlation coefficient. (You can read about the method in math books.) Instead, we will straightaway let you know the value between the average volume and price of H5E shares.

Correlation Coefficient Between H5E weekly volumes and prices = 0.18

Interpretation:

0.18 indicates a week positive correlation, if volume increases price increases but not always.

2 Did 30 Highest Volume Days Of H5E Closed In Profits?

Note: *This section uses close and not adjusted close.

High volume corresponds to a high interest over a stock. There can be multiple reasons for people showing extraordinary interest towards a share. Positive news like higher than expected earnings will most certainly increase volumes and prices. Negative news like lower than expected profits and tax hikes can again lead to an increase in volumes (but there will be more selling than buying).

Now let us check if the top 30 highest volume days of HELMA EIGENHEIMBAU AG (H5E) resulted in profits. Below table gives you the data.

DateVolumeOpen (€)Close (€)(Close - Open) (€)Profit/LossGain (%)
2018-02-06358038.239.51.30Profit3.40
2018-05-03243037.6537.90.25Profit0.66
2018-05-07197139.75400.25Profit0.63
2018-04-04190035.1534.95-0.20Loss-0.57
2018-11-23168729.0530.61.55Profit5.34
2018-03-16124437.6538.050.40Profit1.06
2018-03-27117037.1536.85-0.30Loss-0.81
2018-05-02112036.737.150.45Profit1.23
2018-02-05111840.340-0.30Loss-0.74
2018-06-19110637.337.750.45Profit1.21
2018-06-25102035.334.35-0.95Loss-2.69
2018-08-01100037.2538.251.00Profit2.68
2018-10-2410003231.1-0.90Loss-2.81
2018-10-1993533.4533.90.45Profit1.35
2018-02-2690539.0539.20.15Profit0.38
2018-07-1190235.335.750.45Profit1.27
2018-06-2084537.3537.3-0.05Loss-0.13
2018-11-0883030.230.20.00Profit0.00
2018-03-1580037.4538.61.15Profit3.07
2018-02-2777138.738.3-0.40Loss-1.03
2018-04-0571634.235.91.70Profit4.97
2018-02-0768039.4400.60Profit1.52
2018-05-2864639.0537.95-1.10Loss-2.82
2018-05-2263239.2539.450.20Profit0.51
2018-02-1962038.338.1-0.20Loss-0.52
2018-07-2758036.737.20.50Profit1.36
2018-06-0458037.7537.750.00Profit0.00
2018-05-0955839.339.750.45Profit1.15
2018-09-0355836.637.40.80Profit2.19
2018-10-1055035.1535.50.35Profit1.00

3 How HELMA EIGENHEIMBAU AG (H5E) Monthly Volumes Are Affecting Price

This section is similar to the third section except that now we are going to check the impact of monthly volumes. The timeframe of analysis is similar to that of the first section. We have considered recent 52 weeks of data between 05-02-2018 and 05-02-2019.

Below is the graph showing the monthly volume against monthly price. The graph shows the change (%) in volume against the change (%) in price for you to understand better.

10 Months Price, Volumes Chart -

A sample of data used to create the above graph is shown below.

MonthPrice (€)Price Change (%)VolumesVolume Change (%)
2019-133.820740
2018-1233.980.47199169
2018-1130.55-9.67275272
2018-1033.70-0.35348370
2018-936.638.31190157
2018-837.4210.64225204
2018-736.237.13282281
2018-634.943.31327342
2018-537.7011.47633755
2018-434.030.62372403
2018-336.317.36367396
2018-237.7611.65624743

The correlation between the monthly volume and price turns out to be 0.45. Therefore we have a week positive correlation, Meaning - If volume increases price increases but not always.

4 Volume Of H5E Vs Similar Stocks

You already know that volume is a measure of interest in a particular stock. The reason may be good or bad. The higher than average volume can drive prices up or down depending upon the amount of selling compared to buying. This section compares the interest shown by investors in H5E compared to 5 similar stocks in recent 52 weeks.

TickerStock NameVolumesAvg. Price (€)Highest Price (€)Lowest Price (€)
AAH3AHLERS AG VZO O.N.45115.235.894.00
AAHAHLERS AG ST O.N.23224.155.942.66
ADSADIDAS AG NA O.N.1882195.24215.90166.86
ADDADLER MODEMAERKTE AG O.N.7184.175.872.93
H5EHELMA EIGENHEIMBAU AG 2303539.0428.35
ACWNA.S.CREATION TAPETEN NA4816.3022.2010.00

As you can see in the above table, HELMA EIGENHEIMBAU AG (H5E) can be ranked fifth on volume scale.

5 How Annual Volumes Are Affecting H5E Price

This section is similar to the first and third sections. The first section checked the impact of weekly volume on prices while the second section analyzed the impact of monthly volumes. Now we are going to check the impact of annual average volumes. Below is the volume-change vs price-change graph.

10 Year Volumes Chart -

Below table lists a sample of data used to draw the above graph.

YearPrice (Avg.) (€)Price Change (%)Volumes (Avg.)Volume Change (%)
200617.0303890
200714.89-12.57279-28
20083.14-81.5665067
20091.86-89.084218
20106.44-62.1844715
20118.46-50.321540296
20128.64-49.2775394
201313.88-18.51205210
201422.1830.241130190
201533.6097.31349247
201649.17188.731252222
201741.65144.57975151
201835.66109.4318-18
201933.7798.315-96

The correlation coefficient between the volume and price is 0.16. This is a week positive correlation, Meaning - If volume increases price increases but not always.

Summary of correlation coefficients of weekly, monthly and annual volumes against price.

Volume Averaged OverCoefficientMeaning
Weekly0.18week positive
Monthly0.45week positive
Yearly0.16week positive

Conclusion :

Volume is an important metric in combination with the price to assess the trend of a stock. For example, if a stock moves steadily up but is associated with feeble volumes, the movement may not be sustainable. On the other hand, if the stock is moving up while the volume is also increasing steadily, the movement will be a sustainable bullish run. Therefore volume plays a key role in assessing the sustainability of a trend.

Recommended Reading:

  1. We strongly recommend you to go through the H5E Trend Analysis report. That report uses an interesting method involving moving averages to assess trends.
  2. The expectation of a stock rising is the prime reason why investors are behind it. H5E Stock Rise report will help you know whether the stock is on the rise lately.

Disclaimer:

We have validated the data to the best of our knowledge. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly.

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