Hafnia (Germany) Price on August 29, 2024

1OQ Stock  EUR 4.98  0.02  0.40%   
If you're considering investing in Hafnia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hafnia stands at 4.98, as last reported on the 11th of December 2024, with the highest price reaching 4.98 and the lowest price hitting 4.70 during the day. Hafnia Limited holds Efficiency (Sharpe) Ratio of -0.0499, which attests that the entity had a -0.0499% return per unit of risk over the last 3 months. Hafnia Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hafnia's Market Risk Adjusted Performance of (0.70), risk adjusted performance of (0.02), and Standard Deviation of 4.33 to validate the risk estimate we provide.
  
Hafnia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0499

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Estimated Market Risk

 4.35
  actual daily
38
62% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hafnia 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 Hafnia by adding Hafnia to a well-diversified portfolio.

Hafnia Valuation on August 29, 2024

It is possible to determine the worth of Hafnia on a given historical date. On August 29, 2024 Hafnia was worth 6.31 at the beginning of the trading date compared to the closed value of 6.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hafnia stock. Still, in general, we apply an absolute valuation method to find Hafnia'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 Hafnia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hafnia's related companies.
 Open High Low Close Volume
  6.21    6.21    6.11    6.11    1.00  
08/29/2024
  6.31    6.36    6.10    6.36    200.00  
  6.26    6.46    6.26    6.42    1,580  
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Open Value
6.31
6.36
Closing Value
19.37
Upside

Hafnia Trading Date Momentum on August 29, 2024

On August 30 2024 Hafnia Limited was traded for  6.42  at the closing time. The highest daily price throughout the period was 6.46  and the lowest price was  6.26 . The daily volume was 1.6 K. The net trading volume on 08/30/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 0.94% . The trading delta at closing time to current closing price is 9.28% .

Hafnia Limited Fundamentals Correlations and Trends

By evaluating Hafnia'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 Hafnia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hafnia financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hafnia Stock history

Hafnia 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 Hafnia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hafnia Limited 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 Hafnia stock prices may prove useful in developing a viable investing in Hafnia
The company operates through four segments Long Range II , Long Range I , Medium Range , and Handy size . As of January 8, 2021, it operated a fleet of 178 vessels in pools, including newbuilds, of which 103 are owned or chartered-in including six owned LR2s, 35 owned and chartered-in LR1s, 48 owned and chartered-in MRs, and 14 owned and chartered-in Handy vessels. HAFNIA is traded on Frankfurt Stock Exchange in Germany.

Hafnia Stock Technical Analysis

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

Hafnia Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hafnia Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Hafnia December 11, 2024 Market Strength

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

Hafnia Technical and Predictive Indicators

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

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