Hanwha Solutions (Korea) Price on November 29, 2024
009830 Stock | 16,220 870.00 5.09% |
If you're considering investing in Hanwha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hanwha Solutions stands at 16,220, as last reported on the 2nd of December, with the highest price reaching 17,210 and the lowest price hitting 16,220 during the day. Hanwha Solutions holds Efficiency (Sharpe) Ratio of -0.2, which attests that the entity had a -0.2% return per unit of risk over the last 3 months. Hanwha Solutions exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hanwha Solutions' Market Risk Adjusted Performance of 0.6906, standard deviation of 3.14, and Risk Adjusted Performance of (0.16) to validate the risk estimate we provide.
Hanwha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hanwha |
Sharpe Ratio = -0.1997
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Negative Returns | 009830 |
Estimated Market Risk
3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.65 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hanwha Solutions 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 Hanwha Solutions by adding Hanwha Solutions to a well-diversified portfolio.
Hanwha Solutions Valuation on November 29, 2024
It is possible to determine the worth of Hanwha Solutions on a given historical date. On November 29, 2024 Hanwha was worth 17210.0 at the beginning of the trading date compared to the closed value of 16220.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hanwha Solutions stock. Still, in general, we apply an absolute valuation method to find Hanwha Solutions' 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 Hanwha Solutions where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hanwha Solutions' related companies.
Open | High | Low | Close | Volume | |
16,950 | 17,430 | 16,880 | 17,090 | 879,293 | |
11/29/2024 | 17,210 | 17,210 | 16,220 | 16,220 | 1,941,688 |
17,210 | 17,210 | 16,220 | 16,220 | 0.00 |
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Hanwha Solutions Trading Date Momentum on November 29, 2024
On December 02 2024 Hanwha Solutions was traded for 16,220 at the closing time. The highest price during the trading period was 17,210 and the lowest recorded bid was listed for 16,220 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not cause price change. The trading delta at closing time to the current price is 6.10% . |
Hanwha Solutions Fundamentals Correlations and Trends
By evaluating Hanwha Solutions' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hanwha Solutions' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hanwha financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hanwha Solutions Stock history
Hanwha Solutions 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 Hanwha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hanwha Solutions 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 Hanwha Solutions stock prices may prove useful in developing a viable investing in Hanwha Solutions
Hanwha Solutions Stock Technical Analysis
Hanwha Solutions 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
Hanwha Solutions Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Hanwha Solutions 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.
Hanwha Solutions December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Hanwha Solutions stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hanwha Solutions shares will generate the highest return on investment. By undertsting and applying Hanwha Solutions stock market strength indicators, traders can identify Hanwha Solutions entry and exit signals to maximize returns
Hanwha Solutions Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hanwha Solutions' price direction in advance. Along with the technical and fundamental analysis of Hanwha Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hanwha 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 | (0.16) | |||
Jensen Alpha | (0.56) | |||
Total Risk Alpha | (1.21) | |||
Treynor Ratio | 0.6806 |
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Volume Indicators |
Complementary Tools for Hanwha Stock analysis
When running Hanwha Solutions' price analysis, check to measure Hanwha Solutions' 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 Hanwha Solutions is operating at the current time. Most of Hanwha Solutions' value examination focuses on studying past and present price action to predict the probability of Hanwha Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanwha Solutions' price. Additionally, you may evaluate how the addition of Hanwha Solutions to your portfolios can decrease your overall portfolio volatility.
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