Hanwha ARIRANG (Korea) Price on November 28, 2024
| 289670 Etf | 56,460 460.00 0.82% |
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 56,460, as last reported on the 2nd of December, with the highest price reaching 56,465 and the lowest price hitting 56,225 during the day. At this point, Hanwha ARIRANG is very steady. Hanwha ARIRANG KTB holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hanwha ARIRANG KTB, which you can use to evaluate the volatility of the entity. Please check out Hanwha ARIRANG's Market Risk Adjusted Performance of 0.5558, downside deviation of 0.3916, and Risk Adjusted Performance of 0.0588 to validate if the risk estimate we provide is consistent with the expected return of 0.0545%.
Hanwha Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Hanwha |
Sharpe Ratio = 0.1654
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| Cash | 289670 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Hanwha ARIRANG is performing at about 13% 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 28, 2024
It is possible to determine the worth of Hanwha ARIRANG on a given historical date. On November 28, 2024 Hanwha was worth 56225.0 at the beginning of the trading date compared to the closed value of 56460.0. 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 | |
| 56,000 | 56,000 | 56,000 | 56,000 | 26.00 | |
11/28/2024 | 56,225 | 56,465 | 56,225 | 56,460 | 371.00 |
| 56,225 | 56,465 | 56,225 | 56,460 | 0.00 |
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Hanwha ARIRANG Trading Date Momentum on November 28, 2024
| On December 02 2024 Hanwha ARIRANG KTB was traded for 56,460 at the closing time. The highest price during the trading period was 56,465 and the lowest recorded bid was listed for 56,225 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not cause price change. The trading delta at closing time to the current price is 0.42% . |
Price Boundaries
Hanwha ARIRANG Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Hanwha ARIRANG KTB 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 December 2, 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 KTB 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.