HanS Laser (China) Price on November 29, 2024

002008 Stock   25.72  0.16  0.62%   
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 25.72, as last reported on the 23rd of January, with the highest price reaching 26.00 and the lowest price hitting 25.52 during the day.
IPO Date
11th of June 2004
200 Day MA
22.2196
50 Day MA
25.8938
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. At this point, HanS Laser is very steady. HanS Laser Tech holds Efficiency (Sharpe) Ratio of 0.0404, which attests that the entity had a 0.0404 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for HanS Laser Tech, which you can use to evaluate the volatility of the firm. Please check out HanS Laser's Market Risk Adjusted Performance of 0.1856, downside deviation of 2.4, and Risk Adjusted Performance of 0.0414 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
  
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 = 0.0404

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall Risk002008High RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.66
  actual daily
23
77% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average HanS Laser is performing at about 3% 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 HanS Laser by adding it to a well-diversified portfolio.
Price Book
1.7033
Enterprise Value Ebitda
13.3954
Price Sales
1.8281
Shares Float
781 M
Dividend Share
0.2

Related Headline

Beijing Enlight Headline on 29th of November 2024

3 Promising Growth Companies With Insider Ownership Up To 38 Simply Wall St

HanS Laser Valuation on November 29, 2024

It is possible to determine the worth of HanS Laser on a given historical date. On November 29, 2024 HanS was worth 25.28 at the beginning of the trading date compared to the closed value of 26.34. 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
  25.68    25.75    25.25    25.31    23,852,621  
11/29/2024
  25.28    26.69    25.15    26.34    46,245,765  
  26.51    27.12    26.35    26.79    38,750,632  
Backtest HanS Laser  |  HanS Laser History  |  HanS Laser Valuation   PreviousNext  
Open Value
25.28
26.34
Closing Value
33.25
Upside

HanS Laser Trading Date Momentum on November 29, 2024

On December 02 2024 HanS Laser Tech was traded for  26.79  at the closing time. The highest price during the trading period was 27.12  and the lowest recorded bid was listed for  26.35 . The volume for the day was 38.8 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 1.71% . The trading delta at closing time to the current price is 2.13% .

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 23, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

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 23, 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.
Commodity Directory
Find actively traded commodities issued by global exchanges
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.