HansBiomed (Korea) Price on October 30, 2024

042520 Stock  KRW 7,710  140.00  1.78%   
If you're considering investing in HansBiomed Stock, it is important to understand the factors that can impact its price. As of today, the current price of HansBiomed stands at 7,710, as last reported on the 26th of November, with the highest price reaching 8,100 and the lowest price hitting 7,480 during the day. HansBiomed holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of risk over the last 3 months. HansBiomed exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HansBiomed's Standard Deviation of 2.44, market risk adjusted performance of (7.80), and Risk Adjusted Performance of (0.13) to validate the risk estimate we provide.
  
HansBiomed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.169

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Estimated Market Risk

 2.57
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.43
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average HansBiomed 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 HansBiomed by adding HansBiomed to a well-diversified portfolio.

HansBiomed Valuation on October 30, 2024

It is possible to determine the worth of HansBiomed on a given historical date. On October 30, 2024 HansBiomed was worth 7980.0 at the beginning of the trading date compared to the closed value of 8220.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HansBiomed stock. Still, in general, we apply an absolute valuation method to find HansBiomed'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 HansBiomed where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HansBiomed's related companies.
 Open High Low Close Volume
  8,580    8,580    7,930    7,980    71,456  
10/30/2024
  7,980    8,330    7,900    8,220    36,676  
  8,450    8,450    8,000    8,280    17,954  
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Open Value
7980.0
8220.0
Closing Value
7,988
Upside

HansBiomed Trading Date Momentum on October 30, 2024

On October 31 2024 HansBiomed was traded for  8,280  at the closing time. The highest price during the trading period was 8,450  and the lowest recorded bid was listed for  8,000 . The volume for the day was 18 K. This history from October 31, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.73% . The trading delta at closing time to the current price is 0.36% .

HansBiomed Fundamentals Correlations and Trends

By evaluating HansBiomed'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 HansBiomed's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HansBiomed financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About HansBiomed Stock history

HansBiomed 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 HansBiomed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HansBiomed 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 HansBiomed stock prices may prove useful in developing a viable investing in HansBiomed
HansBiomed Corporation, together with its subsidiaries, engages in the research and development, production, and sale of medical materials for the procedure and the raw materials for medical supplies. HansBiomed Corporation was founded in 1993 and is based in Seoul, South Korea. HANS BIOMED is traded on Korean Securities Dealers Automated Quotations in South Korea.

HansBiomed Stock Technical Analysis

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

HansBiomed Period Price Range

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November 26, 2024
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HansBiomed 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.

HansBiomed November 26, 2024 Market Strength

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

HansBiomed Technical and Predictive Indicators

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

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