Hwaseung Industries (Korea) Price on November 1, 2024
| 006060 Stock | 4,105 145.00 3.66% |
If you're considering investing in Hwaseung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hwaseung Industries stands at 4,105, as last reported on the 25th of November, with the highest price reaching 4,115 and the lowest price hitting 3,925 during the day. At this point, Hwaseung Industries is very steady. Hwaseung Industries holds Efficiency (Sharpe) Ratio of 0.039, which attests that the entity had a 0.039% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Hwaseung Industries, which you can use to evaluate the volatility of the firm. Please check out Hwaseung Industries' risk adjusted performance of 0.0449, and Market Risk Adjusted Performance of 4.7 to validate if the risk estimate we provide is consistent with the expected return of 0.0632%.
Hwaseung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hwaseung |
Sharpe Ratio = 0.039
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Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Hwaseung Industries is performing at about 3% 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 Hwaseung Industries by adding it to a well-diversified portfolio.
Hwaseung Industries Valuation on November 1, 2024
It is possible to determine the worth of Hwaseung Industries on a given historical date. On November 1, 2024 Hwaseung was worth 4205.0 at the beginning of the trading date compared to the closed value of 4250.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hwaseung Industries stock. Still, in general, we apply an absolute valuation method to find Hwaseung Industries' 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 Hwaseung Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hwaseung Industries' related companies.
| Open | High | Low | Close | Volume | |
| 4,125 | 4,260 | 4,120 | 4,260 | 154,921 | |
11/01/2024 | 4,205 | 4,290 | 4,150 | 4,250 | 154,945 |
| 4,250 | 4,250 | 4,135 | 4,190 | 170,074 |
| Backtest Hwaseung Industries | | | Hwaseung Industries History | | | Hwaseung Industries Valuation | Previous | Next |
Hwaseung Industries Trading Date Momentum on November 1, 2024
| On November 04 2024 Hwaseung Industries Co was traded for 4,190 at the closing time. The highest price during the trading period was 4,250 and the lowest recorded bid was listed for 4,135 . The volume for the day was 170.1 K. This history from November 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.41% . The trading delta at closing time to the current price is 1.18% . |
Hwaseung Industries Fundamentals Correlations and Trends
By evaluating Hwaseung Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hwaseung Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hwaseung financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hwaseung Industries Stock history
Hwaseung Industries 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 Hwaseung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hwaseung Industries 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 Hwaseung Industries stock prices may prove useful in developing a viable investing in Hwaseung Industries
Hwaseung Industries Stock Technical Analysis
Hwaseung Industries 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
Hwaseung Industries Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Hwaseung Industries Co 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.
Hwaseung Industries November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Hwaseung Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hwaseung Industries shares will generate the highest return on investment. By undertsting and applying Hwaseung Industries stock market strength indicators, traders can identify Hwaseung Industries Co entry and exit signals to maximize returns
Hwaseung Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hwaseung Industries' price direction in advance. Along with the technical and fundamental analysis of Hwaseung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hwaseung 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 | 0.0449 | |||
| Jensen Alpha | 0.0704 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 4.69 |
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Complementary Tools for Hwaseung Stock analysis
When running Hwaseung Industries' price analysis, check to measure Hwaseung Industries' 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 Hwaseung Industries is operating at the current time. Most of Hwaseung Industries' value examination focuses on studying past and present price action to predict the probability of Hwaseung Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hwaseung Industries' price. Additionally, you may evaluate how the addition of Hwaseung Industries to your portfolios can decrease your overall portfolio volatility.
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