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Asset Summary

Daily Performance Report for HES ETF: Dec 4, 2024

Summary: The day started with HES ETF opening at $147 and closing at $143.96. The ETF showed weakness throughout the day, with the highest price observed at $147 and the lowest at $142.34. The underlying asset had a trading range of $4.66 Overall, it was a negative trading day for HES ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-3.04 or -2.07% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for HES ETF was 2,066,036 units during Dec 4, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $147.

Highest Price: The highest price observed during the day was $147.

Lowest Price: The lowest price observed during the day was $142.34.

Closing Price: The day ended at $143.96.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Yes, Hess Corporation pays dividends to its shareholders, although the amount may vary over time.

Hess’s mission is to create long-term value for shareholders by responsibly developing energy resources.

Hess is expanding through exploration in new regions and investments in technology to enhance production.

Yes, Hess Corporation is publicly traded on the New York Stock Exchange under the ticker symbol HES.

You can purchase HES stock through a brokerage account or a financial advisor.

Hess has operations in the United States, Guyana, and several other international locations.

Hess engages with local communities through development programs, job creation, and environmental initiatives.

Hess is focused on innovative technologies for oil extraction and environmental management.

Hess aims for growth through international expansion and development of its resources, especially in Guyana.

Hess values integrity, sustainability, teamwork, and accountability in all its operations.

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