Hong Leong (Malaysia) Price on October 21, 2024
| 1082 Stock | 18.50 0.10 0.54% |
If you're considering investing in Hong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hong Leong stands at 18.50, as last reported on the 25th of November, with the highest price reaching 18.56 and the lowest price hitting 18.40 during the day. As of now, Hong Stock is very steady. Hong Leong Financial holds Efficiency (Sharpe) Ratio of 0.0602, which attests that the entity had a 0.0602% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hong Leong Financial, which you can use to evaluate the volatility of the firm. Please check out Hong Leong's Market Risk Adjusted Performance of (0.74), risk adjusted performance of 0.0531, and Downside Deviation of 1.03 to validate if the risk estimate we provide is consistent with the expected return of 0.063%.
Hong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hong |
Sharpe Ratio = 0.0602
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| Cash | 1082 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Hong Leong is performing at about 4% of its full potential. 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 Hong Leong by adding it to a well-diversified portfolio.
Hong Leong Valuation on October 21, 2024
It is possible to determine the worth of Hong Leong on a given historical date. On October 21, 2024 Hong was worth 18.66 at the beginning of the trading date compared to the closed value of 18.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hong Leong stock. Still, in general, we apply an absolute valuation method to find Hong Leong'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 Hong Leong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hong Leong's related companies.
| Open | High | Low | Close | Volume | |
| 18.68 | 18.68 | 18.60 | 18.64 | 172,700 | |
10/21/2024 | 18.66 | 18.74 | 18.54 | 18.56 | 71,000 |
| 18.56 | 18.83 | 18.56 | 18.75 | 250,200 |
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Hong Leong Trading Date Momentum on October 21, 2024
| On October 22 2024 Hong Leong Financial was traded for 18.75 at the closing time. The highest price during the trading period was 18.83 and the lowest recorded bid was listed for 18.56 . The volume for the day was 250.2 K. This history from October 22, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 1.02% . The trading delta at closing time to the current price is 0.32% . |
Price Boundaries
Hong Leong Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Hong Leong Financial cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur 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.
Hong Leong November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Hong Leong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hong Leong shares will generate the highest return on investment. By undertsting and applying Hong Leong stock market strength indicators, traders can identify Hong Leong Financial entry and exit signals to maximize returns
Hong Leong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hong Leong's price direction in advance. Along with the technical and fundamental analysis of Hong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hong 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.