Hanpin Electron (Taiwan) Price on March 19, 2024
| 2488 Stock | TWD 56.40 0.90 1.57% |
If you're considering investing in Hanpin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hanpin Electron stands at 56.40, as last reported on the 11th of December 2024, with the highest price reaching 57.70 and the lowest price hitting 56.40 during the day. At this stage we consider Hanpin Stock to be very steady. Hanpin Electron holds Efficiency (Sharpe) Ratio of 0.0607, which attests that the entity had a 0.0607% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hanpin Electron, which you can use to evaluate the volatility of the firm. Please check out Hanpin Electron's Risk Adjusted Performance of 0.0893, downside deviation of 2.7, and Market Risk Adjusted Performance of 0.5991 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Hanpin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hanpin |
Sharpe Ratio = 0.0607
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| Cash | Small Risk | 2488 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Hanpin Electron is performing at about 4% 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 Hanpin Electron by adding it to a well-diversified portfolio.
Hanpin Electron Valuation on March 19, 2024
It is possible to determine the worth of Hanpin Electron on a given historical date. On March 19, 2024 Hanpin was worth 44.75 at the beginning of the trading date compared to the closed value of 45.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hanpin Electron stock. Still, in general, we apply an absolute valuation method to find Hanpin Electron'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 Hanpin Electron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hanpin Electron's related companies.
| Open | High | Low | Close | Volume | |
| 44.20 | 44.75 | 43.80 | 44.70 | 988,114 | |
03/19/2024 | 44.75 | 46.25 | 44.75 | 45.75 | 1,184,303 |
| 45.90 | 45.90 | 45.25 | 45.35 | 741,009 |
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Hanpin Electron Trading Date Momentum on March 19, 2024
| On March 20 2024 Hanpin Electron Co was traded for 45.35 at the closing time. The highest price during the trading period was 45.90 and the lowest recorded bid was listed for 45.25 . The volume for the day was 741 K. This history from March 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.87% . The trading delta at closing time to the current price is 1.31% . |
Hanpin Electron Fundamentals Correlations and Trends
By evaluating Hanpin Electron'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 Hanpin Electron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hanpin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hanpin Electron Stock history
Hanpin Electron 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 Hanpin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hanpin Electron 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 Hanpin Electron stock prices may prove useful in developing a viable investing in Hanpin Electron
Hanpin Electron Co., Ltd. designs, manufactures, and sells electronic consumer products, professional audio products, and professional DJ equipment in Taiwan, China, Hong Kong, and Singapore. The company was founded in 1965 and is headquartered in Tainan County, Taiwan. HANPIN ELECTRONIC is traded on Taiwan Stock Exchange in Taiwan.
Hanpin Electron Stock Technical Analysis
Hanpin Electron 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
Hanpin Electron Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Hanpin Electron December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Hanpin Electron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hanpin Electron shares will generate the highest return on investment. By undertsting and applying Hanpin Electron stock market strength indicators, traders can identify Hanpin Electron Co entry and exit signals to maximize returns
Hanpin Electron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hanpin Electron's price direction in advance. Along with the technical and fundamental analysis of Hanpin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hanpin 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 | 0.0893 | |||
| Jensen Alpha | 0.1942 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0469 | |||
| Treynor Ratio | 0.5891 |
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Additional Tools for Hanpin Stock Analysis
When running Hanpin Electron's price analysis, check to measure Hanpin Electron'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 Hanpin Electron is operating at the current time. Most of Hanpin Electron's value examination focuses on studying past and present price action to predict the probability of Hanpin Electron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanpin Electron's price. Additionally, you may evaluate how the addition of Hanpin Electron to your portfolios can decrease your overall portfolio volatility.