Hankuk Steel (Korea) Price on May 22, 2023

025550 Stock  KRW 2,900  65.00  2.19%   
If you're considering investing in Hankuk Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hankuk Steel stands at 2,900, as last reported on the 30th of November, with the highest price reaching 2,965 and the lowest price hitting 2,870 during the day. Hankuk Steel Wire holds Efficiency (Sharpe) Ratio of -0.0347, which attests that the entity had a -0.0347% return per unit of risk over the last 3 months. Hankuk Steel Wire exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hankuk Steel's Market Risk Adjusted Performance of (1.80), standard deviation of 1.43, and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide.
  
Hankuk Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0347

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Estimated Market Risk

 1.44
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hankuk Steel 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 Hankuk Steel by adding Hankuk Steel to a well-diversified portfolio.

Hankuk Steel Valuation on May 22, 2023

It is possible to determine the worth of Hankuk Steel on a given historical date. On May 22, 2023 Hankuk was worth 4196.43 at the beginning of the trading date compared to the closed value of 4235.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hankuk Steel stock. Still, in general, we apply an absolute valuation method to find Hankuk Steel'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 Hankuk Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hankuk Steel's related companies.
 Open High Low Close Volume
  4,167    4,235    4,143    4,177    122,770  
05/22/2023
  4,196    4,250    4,162    4,235    128,263  
  4,240    4,279    4,182    4,260    142,355  
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Open Value
4196.43
4235.38
Closing Value
4,201
Upside

Hankuk Steel Trading Date Momentum on May 22, 2023

On May 23 2023 Hankuk Steel Wire was traded for  4,260  at the closing time. The highest price during the trading period was 4,279  and the lowest recorded bid was listed for  4,182 . The volume for the day was 142.4 K. This history from May 23, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.57% . The trading delta at closing time to the current price is 0.00% .

Hankuk Steel Wire Fundamentals Correlations and Trends

By evaluating Hankuk Steel's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hankuk Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hankuk financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hankuk Steel Stock history

Hankuk Steel 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 Hankuk is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hankuk Steel Wire 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 Hankuk Steel stock prices may prove useful in developing a viable investing in Hankuk Steel
Hankuk Steel Wire Co., Ltd. produces and sells steel products in South Korea, Japan, and internationally. The company was founded in 1974 and is based in Busan, South Korea. HanSun is traded on Korean Securities Dealers Automated Quotations in South Korea.

Hankuk Steel Stock Technical Analysis

Hankuk Steel 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 Hankuk Steel technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hankuk Steel 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

Hankuk Steel Period Price Range

Low
November 30, 2024
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High

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Hankuk Steel Wire 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.

Hankuk Steel November 30, 2024 Market Strength

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

Hankuk Steel Technical and Predictive Indicators

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

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