Hankook Furniture (Korea) Price on February 24, 2023
| 004590 Stock | KRW 4,055 40.00 0.98% |
If you're considering investing in Hankook Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hankook Furniture stands at 4,055, as last reported on the 30th of November, with the highest price reaching 4,115 and the lowest price hitting 3,815 during the day. At this point, Hankook Furniture is very steady. Hankook Furniture holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hankook Furniture, which you can use to evaluate the volatility of the firm. Please check out Hankook Furniture's Risk Adjusted Performance of 0.0789, market risk adjusted performance of (0.69), and Downside Deviation of 0.924 to validate if the risk estimate we provide is consistent with the expected return of 0.18%.
Hankook Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hankook |
Sharpe Ratio = 0.1392
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Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Hankook Furniture is performing at about 10% 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 Hankook Furniture by adding it to a well-diversified portfolio.
Hankook Furniture Valuation on February 24, 2023
It is possible to determine the worth of Hankook Furniture on a given historical date. On February 24, 2023 Hankook was worth 4193.72 at the beginning of the trading date compared to the closed value of 4170.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hankook Furniture stock. Still, in general, we apply an absolute valuation method to find Hankook Furniture'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 Hankook Furniture where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hankook Furniture's related companies.
| Open | High | Low | Close | Volume | |
| 4,137 | 4,203 | 4,127 | 4,194 | 33,741 | |
02/24/2023 | 4,194 | 4,198 | 4,089 | 4,170 | 36,079 |
| 4,113 | 4,156 | 4,061 | 4,108 | 41,153 |
| Backtest Hankook Furniture | | | Hankook Furniture History | | | Hankook Furniture Valuation | Previous | Next |
Hankook Furniture Trading Date Momentum on February 24, 2023
| On February 27 2023 Hankook Furniture Co was traded for 4,108 at the closing time. The highest price during the trading period was 4,156 and the lowest recorded bid was listed for 4,061 . The volume for the day was 41.2 K. This history from February 27, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.48% . The trading delta at closing time to the current price is 1.48% . |
Hankook Furniture Fundamentals Correlations and Trends
By evaluating Hankook Furniture'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 Hankook Furniture's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hankook financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hankook Furniture Stock history
Hankook Furniture 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 Hankook is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hankook Furniture 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 Hankook Furniture stock prices may prove useful in developing a viable investing in Hankook Furniture
Hankook Furniture Co., Ltd. designs, manufactures and sells furniture in South Korea. The company was founded in 1966 and is based in Seoul, South Korea. KoreaFurni is traded on Korean Securities Dealers Automated Quotations in South Korea.
Hankook Furniture Stock Technical Analysis
Hankook Furniture 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
Hankook Furniture Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Hankook Furniture 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.
Hankook Furniture November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Hankook Furniture stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hankook Furniture shares will generate the highest return on investment. By undertsting and applying Hankook Furniture stock market strength indicators, traders can identify Hankook Furniture Co entry and exit signals to maximize returns
Hankook Furniture Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hankook Furniture's price direction in advance. Along with the technical and fundamental analysis of Hankook Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hankook 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 | 0.0789 | |||
| Jensen Alpha | 0.1354 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.70) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hankook Stock analysis
When running Hankook Furniture's price analysis, check to measure Hankook Furniture'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 Hankook Furniture is operating at the current time. Most of Hankook Furniture's value examination focuses on studying past and present price action to predict the probability of Hankook Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hankook Furniture's price. Additionally, you may evaluate how the addition of Hankook Furniture to your portfolios can decrease your overall portfolio volatility.
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