Hwasung Industrial (Korea) Price on November 25, 2024
| 002460 Stock | 9,570 50.00 0.53% |
If you're considering investing in Hwasung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hwasung Industrial stands at 9,570, as last reported on the 14th of January 2025, with the highest price reaching 9,800 and the lowest price hitting 9,470 during the day. Hwasung Industrial appears to be very steady, given 3 months investment horizon. Hwasung Industrial holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Hwasung Industrial, which you can use to evaluate the volatility of the firm. Please utilize Hwasung Industrial's market risk adjusted performance of 2.79, and Risk Adjusted Performance of 0.0782 to validate if our risk estimates are consistent with your expectations.
Hwasung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hwasung |
Sharpe Ratio = 0.103
| Best Portfolio | Best Equity | |||
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| Average Returns | ||||
| Small Returns | 002460 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Hwasung Industrial is performing at about 8% of its full potential. 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 Hwasung Industrial by adding it to a well-diversified portfolio.
Hwasung Industrial Valuation on November 25, 2024
It is possible to determine the worth of Hwasung Industrial on a given historical date. On November 25, 2024 Hwasung was worth 9082.48 at the beginning of the trading date compared to the closed value of 9034.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hwasung Industrial stock. Still, in general, we apply an absolute valuation method to find Hwasung Industrial'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 Hwasung Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hwasung Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 8,883 | 9,063 | 8,816 | 9,025 | 8,522 | |
11/25/2024 | 9,082 | 9,082 | 8,959 | 9,035 | 2,556 |
| 9,035 | 9,073 | 8,968 | 9,054 | 2,824 |
| Backtest Hwasung Industrial | | | Hwasung Industrial History | | | Hwasung Industrial Valuation | Previous | Next |
Hwasung Industrial Trading Date Momentum on November 25, 2024
| On November 26 2024 Hwasung Industrial Co was traded for 9,054 at the closing time. The highest price during the trading period was 9,073 and the lowest recorded bid was listed for 8,968 . The volume for the day was 2.8 K. This history from November 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.21% . The trading delta at closing time to the current price is 4.31% . |
About Hwasung Industrial Stock history
Hwasung Industrial 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 Hwasung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hwasung Industrial 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 Hwasung Industrial stock prices may prove useful in developing a viable investing in Hwasung Industrial
Hwasung Industrial Stock Technical Analysis
Hwasung Industrial 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
Hwasung Industrial Period Price Range
Low | January 14, 2025
| High |
0.00 | 0.00 |
Hwasung Industrial Co cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. 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.
Hwasung Industrial January 14, 2025 Market Strength
Market strength indicators help investors to evaluate how Hwasung Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hwasung Industrial shares will generate the highest return on investment. By undertsting and applying Hwasung Industrial stock market strength indicators, traders can identify Hwasung Industrial Co entry and exit signals to maximize returns
Hwasung Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hwasung Industrial's price direction in advance. Along with the technical and fundamental analysis of Hwasung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hwasung 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 | 0.0782 | |||
| Jensen Alpha | 0.1633 | |||
| Total Risk Alpha | 0.1968 | |||
| Sortino Ratio | 0.1129 | |||
| Treynor Ratio | 2.78 |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hwasung Stock analysis
When running Hwasung Industrial's price analysis, check to measure Hwasung Industrial'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 Hwasung Industrial is operating at the current time. Most of Hwasung Industrial's value examination focuses on studying past and present price action to predict the probability of Hwasung Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hwasung Industrial's price. Additionally, you may evaluate how the addition of Hwasung Industrial to your portfolios can decrease your overall portfolio volatility.
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