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Asset Summary

Daily Performance Report for HWM ETF: Dec 9, 2024

Summary: The day started with HWM ETF opening at $118.2 and closing at $113.75. The ETF showed weakness throughout the day, with the highest price observed at $118.2 and the lowest at $112.9. The underlying asset had a trading range of $5.30 Overall, it was a negative trading day for HWM ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-4.45 or -3.76% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for HWM ETF was 2,895,160 units during Dec 9, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $118.2.

Highest Price: The highest price observed during the day was $118.2.

Lowest Price: The lowest price observed during the day was $112.9.

Closing Price: The day ended at $113.75.

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

Howmet is committed to sustainability through initiatives aimed at reducing emissions, improving energy efficiency, and promoting recycling in its operations.

Howmet engages with investors through regular updates, earnings calls, and investor presentations to discuss performance and strategy.

Howmet proactively manages market challenges through diversification, strategic partnerships, and continuous improvement in operations.

Key metrics include earnings before interest, taxes, depreciation, and amortization (EBITDA), revenue growth, and operating margins.

Howmet focuses on workforce development through training programs, educational partnerships, and initiatives to enhance skills within the industry.

Howmet employs rigorous quality control processes and advanced manufacturing techniques to ensure the highest standards in its products.

Howmet invests significantly in R&D to innovate and develop new technologies that enhance product performance and meet customer needs.

Howmet Aerospace primarily serves the aerospace, automotive, and industrial markets with its advanced materials and manufacturing capabilities.

Yes, Howmet Aerospace has a history of paying dividends to its shareholders, with a focus on returning value to investors.

Howmet focuses on innovation, expanding its product portfolio, and entering new markets to drive growth.

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