Hannan Metals Stock Price on January 31, 2024
| HANNF Stock | USD 0.57 0.04 6.56% |
If you're considering investing in Hannan Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Hannan Metals stands at 0.57, as last reported on the 11th of December 2024, with the highest price reaching 0.65 and the lowest price hitting 0.56 during the day. Hannan Metals appears to be out of control, given 3 months investment horizon. Hannan Metals holds Efficiency (Sharpe) Ratio of 0.0946, which attests that the entity had a 0.0946% return per unit of risk over the last 3 months. By evaluating Hannan Metals' technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Hannan Metals' Market Risk Adjusted Performance of (0.39), risk adjusted performance of 0.0842, and Downside Deviation of 5.72 to validate if our risk estimates are consistent with your expectations.
Hannan Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Hannan |
Sharpe Ratio = 0.0946
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Estimated Market Risk
| 5.54 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Hannan Metals is performing at about 7% 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 Hannan Metals by adding it to a well-diversified portfolio.
Hannan Metals Valuation on January 31, 2024
It is possible to determine the worth of Hannan Metals on a given historical date. On January 31, 2024 Hannan was worth 0.12 at the beginning of the trading date compared to the closed value of 0.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hannan Metals pink sheet. Still, in general, we apply an absolute valuation method to find Hannan Metals' 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 Hannan Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hannan Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.12 | 0.12 | 0.12 | 0.12 | 1,000.00 | |
01/31/2024 | 0.12 | 0.13 | 0.12 | 0.13 | 110,000 |
| 0.13 | 0.13 | 0.13 | 0.13 | 5,000 |
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Hannan Metals Trading Date Momentum on January 31, 2024
| On February 01 2024 Hannan Metals was traded for 0.13 at the closing time. The highest daily price throughout the period was 0.13 and the lowest price was 0.13 . The daily volume was 5 K. The net trading volume on 02/01/2024 did not cause price change. The trading delta at closing time to current closing price is 7.69% . |
Hannan Metals Fundamentals Correlations and Trends
By evaluating Hannan Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hannan Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hannan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hannan Metals Pink Sheet history
Hannan Metals 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 Hannan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hannan Metals 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 Hannan Metals stock prices may prove useful in developing a viable investing in Hannan Metals
Hannan Metals Ltd., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Ireland and Peru. The company was formerly known as Mitchell Resources Ltd. and changed its name to Hannan Metals Ltd. in January 2017. Hannan Metals is traded on OTC Exchange in the United States.
Hannan Metals Pink Sheet Technical Analysis
Hannan Metals technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Hannan Metals Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Hannan Metals cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Hannan Metals December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Hannan Metals pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hannan Metals shares will generate the highest return on investment. By undertsting and applying Hannan Metals pink sheet market strength indicators, traders can identify Hannan Metals entry and exit signals to maximize returns
Hannan Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hannan Metals' price direction in advance. Along with the technical and fundamental analysis of Hannan Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hannan 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 | 0.0842 | |||
| Jensen Alpha | 0.7255 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0784 | |||
| Treynor Ratio | (0.40) |
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| Volume Indicators |
Complementary Tools for Hannan Pink Sheet analysis
When running Hannan Metals' price analysis, check to measure Hannan Metals' 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 Hannan Metals is operating at the current time. Most of Hannan Metals' value examination focuses on studying past and present price action to predict the probability of Hannan Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hannan Metals' price. Additionally, you may evaluate how the addition of Hannan Metals to your portfolios can decrease your overall portfolio volatility.
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