Hua Nan (Taiwan) Price on November 21, 2024
| 2880 Stock | TWD 26.05 0.10 0.38% |
If you're considering investing in Hua Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hua Nan stands at 26.05, as last reported on the 30th of November, with the highest price reaching 26.20 and the lowest price hitting 25.80 during the day. At this stage we consider Hua Stock to be very steady. Hua Nan Financial holds Efficiency (Sharpe) Ratio of 0.0466, which attests that the entity had a 0.0466% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Hua Nan Financial, which you can use to evaluate the volatility of the firm. Please check out Hua Nan's market risk adjusted performance of 0.2133, and Risk Adjusted Performance of 0.0356 to validate if the risk estimate we provide is consistent with the expected return of 0.0408%.
Hua Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hua |
Sharpe Ratio = 0.0466
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2880 |
Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Hua Nan is performing at about 3% 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 Hua Nan by adding it to a well-diversified portfolio.
Hua Nan Valuation on November 21, 2024
It is possible to determine the worth of Hua Nan on a given historical date. On November 21, 2024 Hua was worth 25.3 at the beginning of the trading date compared to the closed value of 25.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hua Nan stock. Still, in general, we apply an absolute valuation method to find Hua Nan'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 Hua Nan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hua Nan's related companies.
| Open | High | Low | Close | Volume | |
| 25.30 | 25.40 | 25.20 | 25.20 | 12,901,392 | |
11/21/2024 | 25.30 | 25.60 | 25.25 | 25.60 | 18,457,668 |
| 25.60 | 25.70 | 25.45 | 25.50 | 10,026,237 |
| Backtest Hua Nan | | | Hua Nan History | | | Hua Nan Valuation | Previous | Next |
Hua Nan Trading Date Momentum on November 21, 2024
| On November 22 2024 Hua Nan Financial was traded for 25.50 at the closing time. The highest price during the trading period was 25.70 and the lowest recorded bid was listed for 25.45 . The volume for the day was 10 M. This history from November 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.39% . The trading delta at closing time to the current price is 1.17% . |
Hua Nan Financial Fundamentals Correlations and Trends
By evaluating Hua Nan'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 Hua Nan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hua financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hua Nan Stock history
Hua Nan 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 Hua is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hua Nan Financial 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 Hua Nan stock prices may prove useful in developing a viable investing in Hua Nan
Hua Nan Financial Holdings Co., Ltd., together with its subsidiaries, provides financial services in Taiwan and internationally. The company was founded in 1919 and is headquartered in Taipei, Taiwan. HUA NAN operates under BanksRegional classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 10808 people.
Hua Nan Stock Technical Analysis
Hua Nan 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
Hua Nan Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Hua Nan Financial 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.
Hua Nan November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Hua Nan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hua Nan shares will generate the highest return on investment. By undertsting and applying Hua Nan stock market strength indicators, traders can identify Hua Nan Financial entry and exit signals to maximize returns
Hua Nan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hua Nan's price direction in advance. Along with the technical and fundamental analysis of Hua Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hua 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 | 0.0356 | |||
| Jensen Alpha | 0.0108 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.2033 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Hua Stock Analysis
When running Hua Nan's price analysis, check to measure Hua Nan'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 Hua Nan is operating at the current time. Most of Hua Nan's value examination focuses on studying past and present price action to predict the probability of Hua Nan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hua Nan's price. Additionally, you may evaluate how the addition of Hua Nan to your portfolios can decrease your overall portfolio volatility.