Hanjoo Light (Korea) Price on August 27, 2024

198940 Stock   816.00  15.00  1.81%   
If you're considering investing in Hanjoo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hanjoo Light stands at 816.00, as last reported on the 30th of November, with the highest price reaching 839.00 and the lowest price hitting 816.00 during the day. Hanjoo Light Metal holds Efficiency (Sharpe) Ratio of -0.2, which attests that the entity had a -0.2% return per unit of risk over the last 3 months. Hanjoo Light Metal exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hanjoo Light's Standard Deviation of 2.63, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (7.59) to validate the risk estimate we provide.
  
Hanjoo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2001

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Estimated Market Risk

 2.07
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.41
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.2
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hanjoo Light 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 Hanjoo Light by adding Hanjoo Light to a well-diversified portfolio.

Hanjoo Light Valuation on August 27, 2024

It is possible to determine the worth of Hanjoo Light on a given historical date. On August 27, 2024 Hanjoo was worth 1100.0 at the beginning of the trading date compared to the closed value of 1138.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hanjoo Light stock. Still, in general, we apply an absolute valuation method to find Hanjoo Light'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 Hanjoo Light where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hanjoo Light's related companies.
 Open High Low Close Volume
  1,013    1,250    997.00    1,120    9,222,933  
08/27/2024
  1,100    1,200    1,070    1,138    2,277,035  
  1,190    1,190    1,093    1,097    978,003  
Backtest Hanjoo Light  |  Hanjoo Light History  PreviousNext  
Open Value
1100.0
1138.0
Closing Value
1,106
Upside

Hanjoo Light Trading Date Momentum on August 27, 2024

On August 28 2024 Hanjoo Light Metal was traded for  1,097  at the closing time. The highest price during the trading period was 1,190  and the lowest recorded bid was listed for  1,093 . The volume for the day was 978 K. This history from August 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.60% . The trading delta at closing time to the current price is 12.13% .

About Hanjoo Light Stock history

Hanjoo Light 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 Hanjoo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hanjoo Light Metal 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 Hanjoo Light stock prices may prove useful in developing a viable investing in Hanjoo Light

Hanjoo Light Stock Technical Analysis

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

Hanjoo Light Period Price Range

Low
November 30, 2024
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High

 0.00 

     

 0.00 

Hanjoo Light Metal cannot be verified against its exchange. Please verify the symbol is currently traded on Korea 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.

Hanjoo Light November 30, 2024 Market Strength

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

Hanjoo Light Technical and Predictive Indicators

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

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