HanS Laser (China) Price on April 8, 2024

002008 Stock   23.41  0.53  2.21%   
Below is the normalized historical share price chart for HanS Laser Tech extending back to June 25, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of HanS Laser stands at 23.41, as last reported on the 5th of January, with the highest price reaching 24.17 and the lowest price hitting 23.34 during the day.
IPO Date
11th of June 2004
200 Day MA
21.8766
50 Day MA
26.2924
Beta
1.11
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in HanS Stock, it is important to understand the factors that can impact its price. HanS Laser Tech holds Efficiency (Sharpe) Ratio of -0.0428, which attests that the entity had a -0.0428% return per unit of risk over the last 3 months. HanS Laser Tech exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HanS Laser's Risk Adjusted Performance of 0.0772, market risk adjusted performance of (3.41), and Downside Deviation of 2.61 to validate the risk estimate we provide.
  
The current year's Total Stockholder Equity is expected to grow to about 18.1 B, whereas Common Stock is forecasted to decline to about 793.6 M. . HanS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0428

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Negative Returns002008

Estimated Market Risk

 2.78
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average HanS Laser 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 HanS Laser by adding HanS Laser to a well-diversified portfolio.
Price Book
1.5503
Enterprise Value Ebitda
12.084
Price Sales
1.6606
Shares Float
781 M
Dividend Share
0.2

HanS Laser Valuation on April 8, 2024

It is possible to determine the worth of HanS Laser on a given historical date. On April 8, 2024 HanS was worth 18.75 at the beginning of the trading date compared to the closed value of 18.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HanS Laser stock. Still, in general, we apply an absolute valuation method to find HanS Laser'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 HanS Laser where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HanS Laser's related companies.
 Open High Low Close Volume
  18.90    18.91    18.66    18.75    8,266,407  
04/08/2024
  18.75    18.81    18.35    18.38    9,344,936  
  18.33    18.57    18.33    18.54    6,508,290  
Backtest HanS Laser  |  HanS Laser History  |  HanS Laser Valuation   PreviousNext  
Open Value
18.75
18.38
Closing Value
27.08
Upside

HanS Laser Trading Date Momentum on April 8, 2024

On April 09 2024 HanS Laser Tech was traded for  18.54  at the closing time. The highest price during the trading period was 18.57  and the lowest recorded bid was listed for  18.33 . The volume for the day was 6.5 M. This history from April 9, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.87% . The trading delta at closing time to the current price is 0.54% .

HanS Laser Tech Fundamentals Correlations and Trends

By evaluating HanS Laser'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 HanS Laser's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HanS financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About HanS Laser Stock history

HanS Laser 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 HanS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HanS Laser Tech 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 HanS Laser stock prices may prove useful in developing a viable investing in HanS Laser
Last ReportedProjected for Next Year
Common Stock Shares Outstanding947 M850.2 M
Net Income Applicable To Common Shares1.4 B1.5 B

HanS Laser Quarterly Net Working Capital

10.18 Billion

HanS Laser Stock Technical Analysis

HanS Laser 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.
A focus of HanS Laser technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HanS Laser trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

HanS Laser Period Price Range

Low
January 5, 2025
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High

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HanS Laser Tech 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.

HanS Laser January 5, 2025 Market Strength

Market strength indicators help investors to evaluate how HanS Laser stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HanS Laser shares will generate the highest return on investment. By undertsting and applying HanS Laser stock market strength indicators, traders can identify HanS Laser Tech entry and exit signals to maximize returns

HanS Laser Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for HanS Laser's price direction in advance. Along with the technical and fundamental analysis of HanS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HanS 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.

Complementary Tools for HanS Stock analysis

When running HanS Laser's price analysis, check to measure HanS Laser'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 HanS Laser is operating at the current time. Most of HanS Laser's value examination focuses on studying past and present price action to predict the probability of HanS Laser's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HanS Laser's price. Additionally, you may evaluate how the addition of HanS Laser to your portfolios can decrease your overall portfolio volatility.
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