Hang Lung Properties Stock Price on January 30, 2024
| HLPPY Stock | USD 4.19 0.22 5.54% |
If you're considering investing in Hang Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Hang Lung stands at 4.19, as last reported on the 30th of November, with the highest price reaching 4.20 and the lowest price hitting 4.05 during the day. Hang Lung appears to be unstable, given 3 months investment horizon. Hang Lung Properties holds Efficiency (Sharpe) Ratio of 0.0852, which attests that the entity had a 0.0852% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hang Lung Properties, which you can use to evaluate the volatility of the firm. Please utilize Hang Lung's Risk Adjusted Performance of 0.0552, downside deviation of 3.61, and Market Risk Adjusted Performance of 0.5751 to validate if our risk estimates are consistent with your expectations.
Hang Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Hang |
Sharpe Ratio = 0.0852
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Estimated Market Risk
| 4.02 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Hang Lung is performing at about 6% 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 Hang Lung by adding it to a well-diversified portfolio.
Hang Lung Valuation on January 30, 2024
It is possible to determine the worth of Hang Lung on a given historical date. On January 30, 2024 Hang was worth 5.25 at the beginning of the trading date compared to the closed value of 5.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hang Lung pink sheet. Still, in general, we apply an absolute valuation method to find Hang Lung'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 Hang Lung where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hang Lung's related companies.
| Open | High | Low | Close | Volume | |
| 5.71 | 5.71 | 5.61 | 5.68 | 170,744 | |
01/30/2024 | 5.25 | 5.29 | 5.20 | 5.22 | 139,973 |
| 5.31 | 5.34 | 5.27 | 5.30 | 215,788 |
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Hang Lung Trading Date Momentum on January 30, 2024
| On January 31 2024 Hang Lung Properties was traded for 5.30 at the closing time. The highest daily price throughout the period was 5.34 and the lowest price was 5.27 . The daily volume was 215.8 K. The net trading volume on 01/31/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.53% . The trading delta at closing time to current closing price is 7.47% . |
Hang Lung Properties Fundamentals Correlations and Trends
By evaluating Hang Lung'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 Hang Lung's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hang Lung Pink Sheet history
Hang Lung 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 Hang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hang Lung Properties 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 Hang Lung stock prices may prove useful in developing a viable investing in Hang Lung
Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. Hang Lung Properties Limited is a subsidiary of Hang Lung Group Limited. Hang Lung operates under Real Estate Services classification in the United States and is traded on OTC Exchange. It employs 4104 people.
Hang Lung Pink Sheet Technical Analysis
Hang Lung 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
Hang Lung Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Hang Lung November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Hang Lung 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 Hang Lung shares will generate the highest return on investment. By undertsting and applying Hang Lung pink sheet market strength indicators, traders can identify Hang Lung Properties entry and exit signals to maximize returns
Hang Lung Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hang Lung's price direction in advance. Along with the technical and fundamental analysis of Hang Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hang 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 | 0.0552 | |||
| Jensen Alpha | 0.1828 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.0301 | |||
| Treynor Ratio | 0.5651 |
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Additional Tools for Hang Pink Sheet Analysis
When running Hang Lung's price analysis, check to measure Hang Lung'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 Hang Lung is operating at the current time. Most of Hang Lung's value examination focuses on studying past and present price action to predict the probability of Hang Lung's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hang Lung's price. Additionally, you may evaluate how the addition of Hang Lung to your portfolios can decrease your overall portfolio volatility.