Hana Microelectronics (Thailand) Price on October 2, 2023
HANA Stock | THB 27.25 0.50 1.80% |
If you're considering investing in Hana Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hana Microelectronics stands at 27.25, as last reported on the 30th of November, with the highest price reaching 28.50 and the lowest price hitting 26.75 during the day. Hana Microelectronics holds Efficiency (Sharpe) Ratio of -0.18, which attests that the entity had a -0.18% return per unit of risk over the last 3 months. Hana Microelectronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hana Microelectronics' Risk Adjusted Performance of (0.13), standard deviation of 2.83, and Market Risk Adjusted Performance of 0.7443 to validate the risk estimate we provide.
Hana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hana |
Sharpe Ratio = -0.1778
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Estimated Market Risk
2.88 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.51 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hana Microelectronics 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 Hana Microelectronics by adding Hana Microelectronics to a well-diversified portfolio.
Hana Microelectronics Valuation on October 2, 2023
It is possible to determine the worth of Hana Microelectronics on a given historical date. On October 2, 2023 Hana was worth 57.78 at the beginning of the trading date compared to the closed value of 58.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hana Microelectronics stock. Still, in general, we apply an absolute valuation method to find Hana Microelectronics' 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 Hana Microelectronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hana Microelectronics' related companies.
Open | High | Low | Close | Volume | |
59.24 | 59.24 | 57.30 | 57.54 | 17,641,221 | |
10/02/2023 | 57.78 | 59.96 | 57.78 | 58.99 | 10,166,020 |
58.99 | 60.20 | 58.75 | 59.48 | 13,697,200 |
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Hana Microelectronics Trading Date Momentum on October 2, 2023
On October 03 2023 Hana Microelectronics Public was traded for 59.48 at the closing time. The highest price during the trading period was 60.20 and the lowest recorded bid was listed for 58.75 . The volume for the day was 13.7 M. This history from October 3, 2023 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 0.83% . The trading delta at closing time to the current price is 7.39% . |
Hana Microelectronics Fundamentals Correlations and Trends
By evaluating Hana Microelectronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hana Microelectronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hana financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hana Microelectronics Stock history
Hana Microelectronics 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 Hana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hana Microelectronics 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 Hana Microelectronics stock prices may prove useful in developing a viable investing in Hana Microelectronics
Hana Microelectronics Public Company Limited, together with its subsidiaries, manufactures and trades in electronic components. The company was founded in 1978 and is headquartered in Bangkok, Thailand. HANA MICROELECTRONICS operates under Electronic Components classification in Thailand and is traded on Stock Exchange of Thailand.
Hana Microelectronics Stock Technical Analysis
Hana Microelectronics 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
Hana Microelectronics Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Hana Microelectronics Public cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand 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.
Hana Microelectronics November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Hana Microelectronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hana Microelectronics shares will generate the highest return on investment. By undertsting and applying Hana Microelectronics stock market strength indicators, traders can identify Hana Microelectronics Public entry and exit signals to maximize returns
Hana Microelectronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hana Microelectronics' price direction in advance. Along with the technical and fundamental analysis of Hana Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hana 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 | (0.13) | |||
Jensen Alpha | (0.44) | |||
Total Risk Alpha | (1.01) | |||
Treynor Ratio | 0.7343 |
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Other Information on Investing in Hana Stock
Hana Microelectronics financial ratios help investors to determine whether Hana Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hana with respect to the benefits of owning Hana Microelectronics security.