Hanjoo Light (Korea) Price on November 12, 2024
| 198940 Stock | 745.00 11.00 1.46% |
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 745.00, as last reported on the 17th of February 2025, with the highest price reaching 758.00 and the lowest price hitting 704.00 during the day. Hanjoo Light Metal holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12 % 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 Market Risk Adjusted Performance of (2.66), standard deviation of 2.19, and Risk Adjusted Performance of (0.13) 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.
Hanjoo |
Sharpe Ratio = -0.1163
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| Negative Returns | 198940 |
Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 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 November 12, 2024
It is possible to determine the worth of Hanjoo Light on a given historical date. On November 12, 2024 Hanjoo was worth 945.0 at the beginning of the trading date compared to the closed value of 904.0. 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 | |
| 973.00 | 981.00 | 943.00 | 945.00 | 176,322 | |
11/12/2024 | 945.00 | 945.00 | 901.00 | 904.00 | 180,728 |
| 894.00 | 976.00 | 891.00 | 920.00 | 404,527 |
| Backtest Hanjoo Light | | | Hanjoo Light History | Previous | Next |
Hanjoo Light Trading Date Momentum on November 12, 2024
| On November 13 2024 Hanjoo Light Metal was traded for 920.00 at the closing time. The highest price during the trading period was 976.00 and the lowest recorded bid was listed for 891.00 . The volume for the day was 404.5 K. This history from November 13, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.77% . The trading delta at closing time to the current price is 9.18% . |
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.
Price Boundaries
Hanjoo Light Period Price Range
Low | February 17, 2025
| 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 February 17, 2025 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.
| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (2.67) |
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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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