Hyundai Steel (Korea) Price on September 30, 2024
004020 Stock | 21,400 450.00 2.15% |
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 Steel stands at 21,400, as last reported on the 27th of November, with the highest price reaching 21,500 and the lowest price hitting 20,800 during the day. Hyundai Steel holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Hyundai Steel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hyundai Steel's Standard Deviation of 2.11, risk adjusted performance of (0.10), and Market Risk Adjusted Performance of 1.96 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 = -0.1216
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 004020 |
Estimated Market Risk
2.25 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hyundai Steel 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 Steel by adding Hyundai Steel to a well-diversified portfolio.
Hyundai Steel Valuation on September 30, 2024
It is possible to determine the worth of Hyundai Steel on a given historical date. On September 30, 2024 Hyundai was worth 28100.0 at the beginning of the trading date compared to the closed value of 27900.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hyundai Steel stock. Still, in general, we apply an absolute valuation method to find Hyundai Steel'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 Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hyundai Steel's related companies.
Open | High | Low | Close | Volume | |
27,450 | 28,500 | 27,050 | 27,950 | 955,180 | |
09/30/2024 | 28,100 | 28,700 | 27,750 | 27,900 | 757,750 |
27,450 | 28,250 | 27,100 | 27,900 | 444,417 |
Backtest Hyundai Steel | | | Hyundai Steel History | | | Hyundai Steel Valuation | Previous | Next |
Hyundai Steel Trading Date Momentum on September 30, 2024
On October 02 2024 Hyundai Steel was traded for 27,900 at the closing time. The highest price during the trading period was 28,250 and the lowest recorded bid was listed for 27,100 . The volume for the day was 444.4 K. This history from October 2, 2024 did not cause price change. The trading delta at closing time to the current price is 2.15% . |
Hyundai Steel Fundamentals Correlations and Trends
By evaluating Hyundai Steel'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 Steel'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 Steel Stock history
Hyundai Steel 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 Steel 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 Steel stock prices may prove useful in developing a viable investing in Hyundai Steel
Hyundai Steel Stock Technical Analysis
Hyundai Steel 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 Steel Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Hyundai Steel 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 Steel November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Hyundai Steel 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 Steel shares will generate the highest return on investment. By undertsting and applying Hyundai Steel stock market strength indicators, traders can identify Hyundai Steel entry and exit signals to maximize returns
Hyundai Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hyundai Steel'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 | (0.10) | |||
Jensen Alpha | (0.29) | |||
Total Risk Alpha | (0.63) | |||
Treynor Ratio | 1.95 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Hyundai Stock analysis
When running Hyundai Steel's price analysis, check to measure Hyundai Steel'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 Steel is operating at the current time. Most of Hyundai Steel's value examination focuses on studying past and present price action to predict the probability of Hyundai Steel'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 Steel's price. Additionally, you may evaluate how the addition of Hyundai Steel to your portfolios can decrease your overall portfolio volatility.
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |