Hyundai Engineering (Korea) Price on September 13, 2024
000720 Stock | 27,400 900.00 3.18% |
If you're considering investing in Hyundai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hyundai Engineering stands at 27,400, as last reported on the 27th of November, with the highest price reaching 28,700 and the lowest price hitting 27,400 during the day. Hyundai Engineering holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19% return per unit of risk over the last 3 months. Hyundai Engineering exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hyundai Engineering's Risk Adjusted Performance of (0.09), standard deviation of 1.4, and Market Risk Adjusted Performance of (0.74) to validate the risk estimate we provide.
Hyundai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hyundai |
Sharpe Ratio = -0.1925
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Estimated Market Risk
1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hyundai Engineering 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 Hyundai Engineering by adding Hyundai Engineering to a well-diversified portfolio.
Hyundai Engineering Valuation on September 13, 2024
It is possible to determine the worth of Hyundai Engineering on a given historical date. On September 13, 2024 Hyundai was worth 30850.0 at the beginning of the trading date compared to the closed value of 31250.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hyundai Engineering stock. Still, in general, we apply an absolute valuation method to find Hyundai Engineering'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 Hyundai Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hyundai Engineering's related companies.
Open | High | Low | Close | Volume | |
30,150 | 30,800 | 29,950 | 30,700 | 433,610 | |
09/13/2024 | 30,850 | 31,350 | 30,800 | 31,250 | 308,725 |
31,600 | 31,800 | 30,800 | 31,150 | 355,345 |
Backtest Hyundai Engineering | | | Hyundai Engineering History | | | Hyundai Engineering Valuation | Previous | Next |
Hyundai Engineering Trading Date Momentum on September 13, 2024
On September 19 2024 Hyundai Engineering Construction was traded for 31,150 at the closing time. The highest price during the trading period was 31,800 and the lowest recorded bid was listed for 30,800 . The volume for the day was 355.3 K. This history from September 19, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.32% . The trading delta at closing time to the current price is 0.96% . |
Hyundai Engineering Fundamentals Correlations and Trends
By evaluating Hyundai Engineering'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 Hyundai Engineering's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hyundai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hyundai Engineering Stock history
Hyundai Engineering 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 Hyundai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hyundai Engineering 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 Hyundai Engineering stock prices may prove useful in developing a viable investing in Hyundai Engineering
Hyundai Engineering Stock Technical Analysis
Hyundai Engineering 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
Hyundai Engineering Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Hyundai Engineering Construction cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Hyundai Engineering November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Hyundai Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hyundai Engineering shares will generate the highest return on investment. By undertsting and applying Hyundai Engineering stock market strength indicators, traders can identify Hyundai Engineering Construction entry and exit signals to maximize returns
Hyundai Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hyundai Engineering's price direction in advance. Along with the technical and fundamental analysis of Hyundai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hyundai 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 | (0.20) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | (0.75) |
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Volume Indicators |
Complementary Tools for Hyundai Stock analysis
When running Hyundai Engineering's price analysis, check to measure Hyundai Engineering'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 Hyundai Engineering is operating at the current time. Most of Hyundai Engineering's value examination focuses on studying past and present price action to predict the probability of Hyundai Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyundai Engineering's price. Additionally, you may evaluate how the addition of Hyundai Engineering to your portfolios can decrease your overall portfolio volatility.
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