Hyosung Chemical (Korea) Price on November 21, 2023
298000 Stock | 31,350 550.00 1.79% |
If you're considering investing in Hyosung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hyosung Chemical stands at 31,350, as last reported on the 23rd of November, with the highest price reaching 32,300 and the lowest price hitting 30,600 during the day. Hyosung Chemical Corp holds Efficiency (Sharpe) Ratio of -0.28, which attests that the entity had a -0.28% return per unit of risk over the last 3 months. Hyosung Chemical Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hyosung Chemical's Standard Deviation of 2.38, market risk adjusted performance of 3.61, and Risk Adjusted Performance of (0.16) to validate the risk estimate we provide.
Hyosung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hyosung |
Sharpe Ratio = -0.2808
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Negative Returns | 298000 |
Estimated Market Risk
2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.67 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.28 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hyosung Chemical 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 Hyosung Chemical by adding Hyosung Chemical to a well-diversified portfolio.
Hyosung Chemical Valuation on November 21, 2023
It is possible to determine the worth of Hyosung Chemical on a given historical date. On November 21, 2023 Hyosung was worth 92400.0 at the beginning of the trading date compared to the closed value of 92000.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hyosung Chemical stock. Still, in general, we apply an absolute valuation method to find Hyosung Chemical'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 Hyosung Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hyosung Chemical's related companies.
Open | High | Low | Close | Volume | |
88,300 | 92,400 | 88,300 | 92,400 | 9,112 | |
11/21/2023 | 92,400 | 92,400 | 89,000 | 92,000 | 7,384 |
92,400 | 92,400 | 90,100 | 91,300 | 5,620 |
Backtest Hyosung Chemical | | | Hyosung Chemical History | | | Hyosung Chemical Valuation | Previous | Next |
Hyosung Chemical Trading Date Momentum on November 21, 2023
On November 22 2023 Hyosung Chemical Corp was traded for 91,300 at the closing time. The highest price during the trading period was 92,400 and the lowest recorded bid was listed for 90,100 . The volume for the day was 5.6 K. This history from November 22, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.76% . The trading delta at closing time to the current price is 2.61% . |
Hyosung Chemical Corp Fundamentals Correlations and Trends
By evaluating Hyosung Chemical'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 Hyosung Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hyosung financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hyosung Chemical Stock history
Hyosung Chemical 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 Hyosung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hyosung Chemical Corp 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 Hyosung Chemical stock prices may prove useful in developing a viable investing in Hyosung Chemical
Hyosung Chemical Stock Technical Analysis
Hyosung Chemical 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
Hyosung Chemical Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Hyosung Chemical Corp 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.
Hyosung Chemical November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Hyosung Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hyosung Chemical shares will generate the highest return on investment. By undertsting and applying Hyosung Chemical stock market strength indicators, traders can identify Hyosung Chemical Corp entry and exit signals to maximize returns
Hyosung Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hyosung Chemical's price direction in advance. Along with the technical and fundamental analysis of Hyosung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hyosung 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 | (0.16) | |||
Jensen Alpha | (0.53) | |||
Total Risk Alpha | (0.85) | |||
Treynor Ratio | 3.6 |
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Volume Indicators |
Complementary Tools for Hyosung Stock analysis
When running Hyosung Chemical's price analysis, check to measure Hyosung Chemical'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 Hyosung Chemical is operating at the current time. Most of Hyosung Chemical's value examination focuses on studying past and present price action to predict the probability of Hyosung Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyosung Chemical's price. Additionally, you may evaluate how the addition of Hyosung Chemical to your portfolios can decrease your overall portfolio volatility.
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