Hana Materials (Korea) Price on September 13, 2024
166090 Stock | KRW 23,000 800.00 3.36% |
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 23,000, as last reported on the 30th of November, with the highest price reaching 23,700 and the lowest price hitting 22,750 during the day. Hana Materials holds Efficiency (Sharpe) Ratio of -0.21, which attests that the entity had a -0.21% 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' Risk Adjusted Performance of (0.19), standard deviation of 2.73, and Market Risk Adjusted Performance of (14.02) 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.
Hana |
Sharpe Ratio = -0.212
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Negative Returns | 166090 |
Estimated Market Risk
2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.58 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.21 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 September 13, 2024
It is possible to determine the worth of Hana Materials on a given historical date. On September 13, 2024 Hana was worth 30250.0 at the beginning of the trading date compared to the closed value of 29850.0. 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 | |
29,400 | 30,700 | 29,400 | 30,250 | 272,257 | |
09/13/2024 | 30,250 | 30,350 | 29,450 | 29,850 | 91,570 |
29,800 | 29,800 | 28,500 | 29,050 | 163,816 |
Backtest Hana Materials | | | Hana Materials History | | | Hana Materials Valuation | Previous | Next |
Hana Materials Trading Date Momentum on September 13, 2024
On September 19 2024 Hana Materials was traded for 29,050 at the closing time. The highest price during the trading period was 29,800 and the lowest recorded bid was listed for 28,500 . The volume for the day was 163.8 K. This history from September 19, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.68% . The trading delta at closing time to the current price is 4.52% . |
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.
Price Boundaries
Hana Materials Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Hana Materials November 30, 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.
Risk Adjusted Performance | (0.19) | |||
Jensen Alpha | (0.73) | |||
Total Risk Alpha | (1.18) | |||
Treynor Ratio | (14.03) |
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Pattern Recognition | ||
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Volume Indicators |
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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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