Hanwha ARIRANG (Korea) Price on November 19, 2024
| 269530 Etf | 17,215 150.00 0.88% |
If you're considering investing in Hanwha Etf, it is important to understand the factors that can impact its price. As of today, the current price of Hanwha ARIRANG stands at 17,215, as last reported on the 29th of November, with the highest price reaching 17,235 and the lowest price hitting 16,935 during the day. At this point, Hanwha ARIRANG is very steady. Hanwha ARIRANG SP holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hanwha ARIRANG SP, which you can use to evaluate the volatility of the entity. Please check out Hanwha ARIRANG's Risk Adjusted Performance of 0.1317, market risk adjusted performance of 10.85, and Downside Deviation of 0.9432 to validate if the risk estimate we provide is consistent with the expected return of 0.16%.
Hanwha Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Hanwha |
Sharpe Ratio = 0.1467
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 269530 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Hanwha ARIRANG is performing at about 11% 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 Hanwha ARIRANG by adding it to a well-diversified portfolio.
Hanwha ARIRANG Valuation on November 19, 2024
It is possible to determine the worth of Hanwha ARIRANG on a given historical date. On November 19, 2024 Hanwha was worth 16830.0 at the beginning of the trading date compared to the closed value of 16830.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hanwha ARIRANG etf. Still, in general, we apply an absolute valuation method to find Hanwha ARIRANG'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 Hanwha ARIRANG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hanwha ARIRANG's related companies.
| Open | High | Low | Close | Volume | |
| 16,585 | 16,740 | 16,585 | 16,715 | 1,770 | |
11/19/2024 | 16,830 | 16,845 | 16,820 | 16,830 | 276.00 |
| 16,780 | 17,020 | 16,780 | 16,960 | 2,708 |
| Backtest Hanwha ARIRANG | | | Hanwha ARIRANG History | Previous | Next |
Hanwha ARIRANG Trading Date Momentum on November 19, 2024
| On November 20 2024 Hanwha ARIRANG SP was traded for 16,960 at the closing time. The highest price during the trading period was 17,020 and the lowest recorded bid was listed for 16,780 . The volume for the day was 2.7 K. This history from November 20, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.77% . The trading delta at closing time to the current price is 0.62% . |
Price Boundaries
Hanwha ARIRANG Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Hanwha ARIRANG SP 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.
Hanwha ARIRANG November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Hanwha ARIRANG etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hanwha ARIRANG shares will generate the highest return on investment. By undertsting and applying Hanwha ARIRANG etf market strength indicators, traders can identify Hanwha ARIRANG SP entry and exit signals to maximize returns
Hanwha ARIRANG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hanwha ARIRANG's price direction in advance. Along with the technical and fundamental analysis of Hanwha Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hanwha 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.