Hong Ho (Taiwan) Price on May 2, 2024
| 1446 Stock | TWD 54.80 0.70 1.29% |
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 Ho stands at 54.80, as last reported on the 2nd of December, with the highest price reaching 55.40 and the lowest price hitting 53.90 during the day. Hong Ho appears to be very steady, given 3 months investment horizon. Hong Ho Precision holds Efficiency (Sharpe) Ratio of 0.0938, which attests that the entity had a 0.0938% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hong Ho Precision, which you can use to evaluate the volatility of the firm. Please utilize Hong Ho's Market Risk Adjusted Performance of (1.15), risk adjusted performance of 0.0734, and Downside Deviation of 2.88 to validate if our risk estimates are consistent with your expectations.
Hong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hong |
Sharpe Ratio = 0.0938
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 1446 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Hong Ho is performing at about 7% 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 Ho by adding it to a well-diversified portfolio.
Hong Ho Valuation on May 2, 2024
It is possible to determine the worth of Hong Ho on a given historical date. On May 2, 2024 Hong was worth 40.3 at the beginning of the trading date compared to the closed value of 43.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hong Ho stock. Still, in general, we apply an absolute valuation method to find Hong Ho'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 Ho where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hong Ho's related companies.
| Open | High | Low | Close | Volume | |
| 40.05 | 40.50 | 39.05 | 39.80 | 1,586,132 | |
05/02/2024 | 40.30 | 43.75 | 39.80 | 43.75 | 4,467,159 |
| 46.15 | 47.75 | 44.55 | 46.25 | 10,959,216 |
| Backtest Hong Ho | | | Hong Ho History | | | Hong Ho Valuation | Previous | Next |
Hong Ho Trading Date Momentum on May 2, 2024
| On May 03 2024 Hong Ho Precision was traded for 46.25 at the closing time. The highest price during the trading period was 47.75 and the lowest recorded bid was listed for 44.55 . The volume for the day was 11 M. This history from May 3, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 5.71% . The trading delta at closing time to the current price is 19.31% . |
Hong Ho Precision Fundamentals Correlations and Trends
By evaluating Hong Ho'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 Hong Ho's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hong Ho Stock history
Hong Ho 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 Hong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hong Ho Precision 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 Hong Ho stock prices may prove useful in developing a viable investing in Hong Ho
Hong Ho Stock Technical Analysis
Hong Ho 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
Hong Ho Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Hong Ho Precision cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock 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 Ho December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Hong Ho 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 Ho shares will generate the highest return on investment. By undertsting and applying Hong Ho stock market strength indicators, traders can identify Hong Ho Precision entry and exit signals to maximize returns
Hong Ho Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hong Ho'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.
| Risk Adjusted Performance | 0.0734 | |||
| Jensen Alpha | 0.2564 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0359 | |||
| Treynor Ratio | (1.16) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Hong Stock Analysis
When running Hong Ho's price analysis, check to measure Hong Ho'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 Hong Ho is operating at the current time. Most of Hong Ho's value examination focuses on studying past and present price action to predict the probability of Hong Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Ho's price. Additionally, you may evaluate how the addition of Hong Ho to your portfolios can decrease your overall portfolio volatility.