Hannong Chemicals (Korea) Price on October 21, 2024
011500 Stock | 15,380 480.00 3.22% |
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 15,380, as last reported on the 26th of November, with the highest price reaching 15,490 and the lowest price hitting 15,000 during the day. Hannong Chemicals holds Efficiency (Sharpe) Ratio of -0.023, which attests that the entity had a -0.023% 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 (0.01), market risk adjusted performance of 0.3711, and Standard Deviation of 4.45 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.
Hannong |
Sharpe Ratio = -0.023
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 011500 |
Estimated Market Risk
4.45 actual daily | 39 61% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 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 October 21, 2024
It is possible to determine the worth of Hannong Chemicals on a given historical date. On October 21, 2024 Hannong was worth 19010.0 at the beginning of the trading date compared to the closed value of 19020.0. 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 | |
18,600 | 19,310 | 18,570 | 18,710 | 377,924 | |
10/21/2024 | 19,010 | 19,250 | 18,360 | 19,020 | 518,050 |
20,700 | 20,750 | 18,640 | 18,650 | 1,785,009 |
Backtest Hannong Chemicals | | | Hannong Chemicals History | | | Hannong Chemicals Valuation | Previous | Next |
Hannong Chemicals Trading Date Momentum on October 21, 2024
On October 22 2024 Hannong Chemicals was traded for 18,650 at the closing time. The highest price during the trading period was 20,750 and the lowest recorded bid was listed for 18,640 . The volume for the day was 1.8 M. This history from October 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.95% . The trading delta at closing time to the current price is 7.78% . |
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.
Price Boundaries
Hannong Chemicals Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Hannong Chemicals 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.
Hannong Chemicals November 26, 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.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.80) | |||
Treynor Ratio | 0.3611 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |