Hana Materials (Korea) Price on February 17, 2023

166090 Stock  KRW 23,150  300.00  1.31%   
If you're considering investing in Hana Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hana Materials stands at 23,150, as last reported on the 4th of December, with the highest price reaching 23,500 and the lowest price hitting 22,750 during the day. Hana Materials holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. Hana Materials exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hana Materials' Market Risk Adjusted Performance of 22.13, standard deviation of 2.66, and Risk Adjusted Performance of (0.12) to validate the risk estimate we provide.
  
Hana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1642

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Estimated Market Risk

 2.66
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.44
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hana Materials 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 Hana Materials by adding Hana Materials to a well-diversified portfolio.

Hana Materials Valuation on February 17, 2023

It is possible to determine the worth of Hana Materials on a given historical date. On February 17, 2023 Hana was worth 36907.64 at the beginning of the trading date compared to the closed value of 37204.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hana Materials stock. Still, in general, we apply an absolute valuation method to find Hana Materials' 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 Hana Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hana Materials' related companies.
 Open High Low Close Volume
  36,661    38,340    36,414    37,797    198,040  
02/17/2023
  36,908    37,402    36,661    37,204    92,229  
  36,858    37,945    36,117    37,846    144,294  
Backtest Hana Materials  |  Hana Materials History  |  Hana Materials Valuation   PreviousNext  
Open Value
36907.64
36,900
Downside
37204.09
Closing Value
36,916
Upside

Hana Materials Trading Date Momentum on February 17, 2023

On February 20 2023 Hana Materials was traded for  37,846  at the closing time. The highest price during the trading period was 37,945  and the lowest recorded bid was listed for  36,117 . The volume for the day was 144.3 K. This history from February 20, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 1.73% . The trading delta at closing time to the current price is 1.59% .

Hana Materials Fundamentals Correlations and Trends

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

About Hana Materials Stock history

Hana Materials 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 Hana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hana Materials 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 Hana Materials stock prices may prove useful in developing a viable investing in Hana Materials
Hana Materials Inc. manufactures and sells silicon electrodes and rings in South Korea. Hana Materials Inc. was founded in 2007 and is headquartered in Cheonan, South Korea. Hana Materials is traded on Korean Securities Dealers Automated Quotations in South Korea.

Hana Materials Stock Technical Analysis

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

Hana Materials Period Price Range

Low
December 4, 2024
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Hana Materials 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.

Hana Materials December 4, 2024 Market Strength

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

Hana Materials Technical and Predictive Indicators

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

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