Hainan Haiyao (China) Price on November 29, 2024
| 000566 Stock | 4.50 0.18 3.85% |
If you're considering investing in Hainan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hainan Haiyao stands at 4.50, as last reported on the 6th of January, with the highest price reaching 4.73 and the lowest price hitting 4.50 during the day. At this point, Hainan Haiyao is unstable. Hainan Haiyao holds Efficiency (Sharpe) Ratio of 0.008, which attests that the entity had a 0.008% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hainan Haiyao, which you can use to evaluate the volatility of the firm. Please check out Hainan Haiyao's Downside Deviation of 4.32, risk adjusted performance of 0.0148, and Market Risk Adjusted Performance of 0.1208 to validate if the risk estimate we provide is consistent with the expected return of 0.0388%.
Hainan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hainan |
Sharpe Ratio = 0.008
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 000566 |
Estimated Market Risk
| 4.83 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hainan Haiyao 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 Hainan Haiyao by adding Hainan Haiyao to a well-diversified portfolio.
Hainan Haiyao Valuation on November 29, 2024
It is possible to determine the worth of Hainan Haiyao on a given historical date. On November 29, 2024 Hainan was worth 5.47 at the beginning of the trading date compared to the closed value of 5.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hainan Haiyao stock. Still, in general, we apply an absolute valuation method to find Hainan Haiyao'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 Hainan Haiyao where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hainan Haiyao's related companies.
| Open | High | Low | Close | Volume | |
| 5.33 | 5.76 | 5.25 | 5.55 | 88,469,606 | |
11/29/2024 | 5.47 | 5.71 | 5.34 | 5.64 | 71,867,988 |
| 5.99 | 6.20 | 5.89 | 6.20 | 46,898,551 |
| Backtest Hainan Haiyao | | | Hainan Haiyao History | | | Hainan Haiyao Valuation | Previous | Next |
Hainan Haiyao Trading Date Momentum on November 29, 2024
| On December 02 2024 Hainan Haiyao Co was traded for 6.20 at the closing time. The highest price during the trading period was 6.20 and the lowest recorded bid was listed for 5.89 . The volume for the day was 46.9 M. This history from December 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 9.93% . The trading delta at closing time to the current price is 5.14% . |
Hainan Haiyao Fundamentals Correlations and Trends
By evaluating Hainan Haiyao'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 Hainan Haiyao's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hainan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hainan Haiyao Stock history
Hainan Haiyao 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 Hainan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hainan Haiyao 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 Hainan Haiyao stock prices may prove useful in developing a viable investing in Hainan Haiyao
Hainan Haiyao Stock Technical Analysis
Hainan Haiyao 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
Hainan Haiyao Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Hainan Haiyao Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen 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.
Hainan Haiyao January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Hainan Haiyao stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hainan Haiyao shares will generate the highest return on investment. By undertsting and applying Hainan Haiyao stock market strength indicators, traders can identify Hainan Haiyao Co entry and exit signals to maximize returns
Hainan Haiyao Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hainan Haiyao's price direction in advance. Along with the technical and fundamental analysis of Hainan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hainan 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 | 0.0148 | |||
| Jensen Alpha | 0.0256 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0038 | |||
| Treynor Ratio | 0.1108 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hainan Stock analysis
When running Hainan Haiyao's price analysis, check to measure Hainan Haiyao'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 Hainan Haiyao is operating at the current time. Most of Hainan Haiyao's value examination focuses on studying past and present price action to predict the probability of Hainan Haiyao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hainan Haiyao's price. Additionally, you may evaluate how the addition of Hainan Haiyao to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |