Hannong Chemicals (Korea) Price on September 30, 2024

011500 Stock   14,080  980.00  6.51%   
If you're considering investing in Hannong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hannong Chemicals stands at 14,080, as last reported on the 29th of November, with the highest price reaching 15,490 and the lowest price hitting 14,080 during the day. Hannong Chemicals holds Efficiency (Sharpe) Ratio of -0.0811, which attests that the entity had a -0.0811% return per unit of risk over the last 3 months. Hannong Chemicals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hannong Chemicals' Risk Adjusted Performance of (0.05), market risk adjusted performance of 0.4432, and Standard Deviation of 4.36 to validate the risk estimate we provide.
  
Hannong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0811

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Estimated Market Risk

 4.3
  actual daily
38
62% of assets are more volatile

Expected Return

 -0.35
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hannong Chemicals 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 Hannong Chemicals by adding Hannong Chemicals to a well-diversified portfolio.

Hannong Chemicals Valuation on September 30, 2024

It is possible to determine the worth of Hannong Chemicals on a given historical date. On September 30, 2024 Hannong was worth 20100.0 at the beginning of the trading date compared to the closed value of 19980.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hannong Chemicals stock. Still, in general, we apply an absolute valuation method to find Hannong Chemicals' 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 Hannong Chemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hannong Chemicals' related companies.
 Open High Low Close Volume
  21,750    21,800    20,350    20,400    1,466,553  
09/30/2024
  20,100    21,200    19,960    19,980    1,333,990  
  19,400    20,200    19,320    19,670    513,421  
Backtest Hannong Chemicals  |  Hannong Chemicals History  |  Hannong Chemicals Valuation   PreviousNext  
Open Value
20100.0
20,087
Downside
19980.0
Closing Value
20,113
Upside

Hannong Chemicals Trading Date Momentum on September 30, 2024

On October 02 2024 Hannong Chemicals was traded for  19,670  at the closing time. The highest price during the trading period was 20,200  and the lowest recorded bid was listed for  19,320 . The volume for the day was 513.4 K. This history from October 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.55% . The trading delta at closing time to the current price is 9.11% .

About Hannong Chemicals Stock history

Hannong Chemicals 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 Hannong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hannong Chemicals 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 Hannong Chemicals stock prices may prove useful in developing a viable investing in Hannong Chemicals

Hannong Chemicals Stock Technical Analysis

Hannong Chemicals 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.
A focus of Hannong Chemicals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hannong Chemicals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hannong Chemicals Period Price Range

Low
November 29, 2024
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High

 0.00 

     

 0.00 

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Hannong Chemicals November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Hannong Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hannong Chemicals shares will generate the highest return on investment. By undertsting and applying Hannong Chemicals stock market strength indicators, traders can identify Hannong Chemicals entry and exit signals to maximize returns

Hannong Chemicals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hannong Chemicals' price direction in advance. Along with the technical and fundamental analysis of Hannong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hannong 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.

Complementary Tools for Hannong Stock analysis

When running Hannong Chemicals' price analysis, check to measure Hannong Chemicals' 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 Hannong Chemicals is operating at the current time. Most of Hannong Chemicals' value examination focuses on studying past and present price action to predict the probability of Hannong Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hannong Chemicals' price. Additionally, you may evaluate how the addition of Hannong Chemicals to your portfolios can decrease your overall portfolio volatility.
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