Hung Sheng (Taiwan) Price on November 27, 2024
| 2534 Stock | TWD 26.95 0.25 0.94% |
If you're considering investing in Hung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hung Sheng stands at 26.95, as last reported on the 30th of November, with the highest price reaching 27.00 and the lowest price hitting 26.15 during the day. At this stage we consider Hung Stock to be very steady. Hung Sheng Construction holds Efficiency (Sharpe) Ratio of 0.0052, which attests that the entity had a 0.0052% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hung Sheng Construction, which you can use to evaluate the volatility of the firm. Please check out Hung Sheng's Downside Deviation of 2.15, market risk adjusted performance of 0.069, and Risk Adjusted Performance of 0.0172 to validate if the risk estimate we provide is consistent with the expected return of 0.0091%.
Hung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hung |
Sharpe Ratio = 0.0052
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2534 |
Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hung Sheng 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 Hung Sheng by adding Hung Sheng to a well-diversified portfolio.
Hung Sheng Valuation on November 27, 2024
It is possible to determine the worth of Hung Sheng on a given historical date. On November 27, 2024 Hung was worth 27.15 at the beginning of the trading date compared to the closed value of 26.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hung Sheng stock. Still, in general, we apply an absolute valuation method to find Hung Sheng'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 Hung Sheng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hung Sheng's related companies.
| Open | High | Low | Close | Volume | |
| 26.45 | 27.35 | 26.30 | 27.15 | 1,748,346 | |
11/27/2024 | 27.15 | 27.25 | 26.70 | 26.80 | 578,254 |
| 27.05 | 27.10 | 26.40 | 26.70 | 888,857 |
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Hung Sheng Trading Date Momentum on November 27, 2024
| On November 28 2024 Hung Sheng Construction was traded for 26.70 at the closing time. The highest price during the trading period was 27.10 and the lowest recorded bid was listed for 26.40 . The volume for the day was 888.9 K. This history from November 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.37% . The trading delta at closing time to the current price is 1.12% . |
Hung Sheng Construction Fundamentals Correlations and Trends
By evaluating Hung Sheng'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 Hung Sheng's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hung financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hung Sheng Stock history
Hung Sheng 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 Hung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hung Sheng Construction 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 Hung Sheng stock prices may prove useful in developing a viable investing in Hung Sheng
HUNG SHENG Construction Co., Ltd. operates in the real estate sector in Taiwan. HUNG SHENG Construction Co., Ltd. is headquartered in Taipei, Taiwan. HUNG SHENG is traded on Taiwan Stock Exchange in Taiwan.
Hung Sheng Stock Technical Analysis
Hung Sheng 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
Hung Sheng Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Hung Sheng Construction 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.
Hung Sheng November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Hung Sheng stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hung Sheng shares will generate the highest return on investment. By undertsting and applying Hung Sheng stock market strength indicators, traders can identify Hung Sheng Construction entry and exit signals to maximize returns
Hung Sheng Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hung Sheng's price direction in advance. Along with the technical and fundamental analysis of Hung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hung 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 | 0.0172 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.059 |
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| Volume Indicators |
Additional Tools for Hung Stock Analysis
When running Hung Sheng's price analysis, check to measure Hung Sheng'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 Hung Sheng is operating at the current time. Most of Hung Sheng's value examination focuses on studying past and present price action to predict the probability of Hung Sheng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hung Sheng's price. Additionally, you may evaluate how the addition of Hung Sheng to your portfolios can decrease your overall portfolio volatility.