Hon Hai (Taiwan) Price on September 2, 2024

2317 Stock  TWD 210.50  7.50  3.69%   
If you're considering investing in Hon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hon Hai stands at 210.50, as last reported on the 26th of November, with the highest price reaching 210.50 and the lowest price hitting 205.50 during the day. Hon Hai appears to be very steady, given 3 months investment horizon. Hon Hai Precision 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. We have found twenty-nine technical indicators for Hon Hai Precision, which you can use to evaluate the volatility of the firm. Please utilize Hon Hai's Downside Deviation of 1.89, risk adjusted performance of 0.1122, and Market Risk Adjusted Performance of (1.05) to validate if our risk estimates are consistent with your expectations.
  
Hon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1167

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Estimated Market Risk

 1.87
  actual daily
16
84% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Hon Hai is performing at about 9% of its full potential. 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 Hon Hai by adding it to a well-diversified portfolio.

Hon Hai Valuation on September 2, 2024

It is possible to determine the worth of Hon Hai on a given historical date. On September 2, 2024 Hon was worth 185.5 at the beginning of the trading date compared to the closed value of 183.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hon Hai stock. Still, in general, we apply an absolute valuation method to find Hon Hai'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 Hon Hai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hon Hai's related companies.
 Open High Low Close Volume
  185.00    186.00    183.50    184.50    51,255,941  
09/02/2024
  185.50    187.00    182.00    183.00    36,258,388  
  184.00    187.00    183.00    185.00    52,160,276  
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Open Value
185.5
179.89
Downside
183.0
Closing Value
191.11
Upside

Hon Hai Trading Date Momentum on September 2, 2024

On September 03 2024 Hon Hai Precision was traded for  185.00  at the closing time. The highest price during the trading period was 187.00  and the lowest recorded bid was listed for  183.00 . The volume for the day was 52.2 M. This history from September 3, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.09% . The trading delta at closing time to the current price is 4.64% .

Hon Hai Precision Fundamentals Correlations and Trends

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

About Hon Hai Stock history

Hon Hai 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 Hon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hon Hai Precision 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 Hon Hai stock prices may prove useful in developing a viable investing in Hon Hai
Hon Hai Precision Industry Co., Ltd. provides technology solutions in Japan, Ireland, the United States, Europe, Singapore, China, Hong Kong, and internationally. The company was founded in 1974 and is headquartered in New Taipei City, Taiwan. HON HAI operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.

Hon Hai Stock Technical Analysis

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

Hon Hai Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hon Hai Precision cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan 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.

Hon Hai November 26, 2024 Market Strength

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

Hon Hai Technical and Predictive Indicators

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

Additional Tools for Hon Stock Analysis

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