Hanshin Construction (Korea) Price on July 31, 2024
004960 Stock | 6,840 20.00 0.29% |
If you're considering investing in Hanshin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hanshin Construction stands at 6,840, as last reported on the 24th of November, with the highest price reaching 6,890 and the lowest price hitting 6,750 during the day. Hanshin Construction holds Efficiency (Sharpe) Ratio of -0.0475, which attests that the entity had a -0.0475% return per unit of risk over the last 3 months. Hanshin Construction exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hanshin Construction's Market Risk Adjusted Performance of 0.226, standard deviation of 2.28, and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide.
Hanshin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hanshin |
Sharpe Ratio = -0.0475
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Estimated Market Risk
2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hanshin Construction 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 Hanshin Construction by adding Hanshin Construction to a well-diversified portfolio.
Hanshin Construction Valuation on July 31, 2024
It is possible to determine the worth of Hanshin Construction on a given historical date. On July 31, 2024 Hanshin was worth 7200.0 at the beginning of the trading date compared to the closed value of 7360.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hanshin Construction stock. Still, in general, we apply an absolute valuation method to find Hanshin Construction'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 Hanshin Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hanshin Construction's related companies.
Open | High | Low | Close | Volume | |
7,190 | 7,560 | 6,890 | 7,340 | 250,727 | |
07/31/2024 | 7,200 | 7,560 | 7,080 | 7,360 | 196,622 |
7,360 | 7,450 | 7,200 | 7,280 | 51,177 |
Backtest Hanshin Construction | | | Hanshin Construction History | | | Hanshin Construction Valuation | Previous | Next |
Hanshin Construction Trading Date Momentum on July 31, 2024
On August 01 2024 Hanshin Construction Co was traded for 7,280 at the closing time. The highest price during the trading period was 7,450 and the lowest recorded bid was listed for 7,200 . The volume for the day was 51.2 K. This history from August 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.09% . The trading delta at closing time to the current price is 4.62% . |
About Hanshin Construction Stock history
Hanshin Construction 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 Hanshin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hanshin Construction 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 Hanshin Construction stock prices may prove useful in developing a viable investing in Hanshin Construction
Hanshin Construction Stock Technical Analysis
Hanshin Construction 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
Hanshin Construction Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Hanshin Construction 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.
Hanshin Construction November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Hanshin Construction stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hanshin Construction shares will generate the highest return on investment. By undertsting and applying Hanshin Construction stock market strength indicators, traders can identify Hanshin Construction Co entry and exit signals to maximize returns
Hanshin Construction Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hanshin Construction's price direction in advance. Along with the technical and fundamental analysis of Hanshin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hanshin 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 | (0.01) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.41) | |||
Treynor Ratio | 0.216 |
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Volume Indicators |
Complementary Tools for Hanshin Stock analysis
When running Hanshin Construction's price analysis, check to measure Hanshin Construction'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 Hanshin Construction is operating at the current time. Most of Hanshin Construction's value examination focuses on studying past and present price action to predict the probability of Hanshin Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanshin Construction's price. Additionally, you may evaluate how the addition of Hanshin Construction to your portfolios can decrease your overall portfolio volatility.
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