Hainan Development (China) Price on August 6, 2024
| 002163 Stock | 8.33 0.62 6.93% |
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 Development stands at 8.33, as last reported on the 6th of January, with the highest price reaching 9.02 and the lowest price hitting 8.27 during the day. Hainan Development appears to be slightly risky, given 3 months investment horizon. Hainan Development holds Efficiency (Sharpe) Ratio of 0.044, which attests that the entity had a 0.044% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hainan Development, which you can use to evaluate the volatility of the firm. Please utilize Hainan Development's Downside Deviation of 4.68, risk adjusted performance of 0.044, and Market Risk Adjusted Performance of 0.6269 to validate if our risk estimates are consistent with your expectations.
Hainan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hainan |
Sharpe Ratio = 0.044
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Estimated Market Risk
| 4.71 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Hainan Development 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 Hainan Development by adding it to a well-diversified portfolio.
Hainan Development Valuation on August 6, 2024
It is possible to determine the worth of Hainan Development on a given historical date. On August 6, 2024 Hainan was worth 5.75 at the beginning of the trading date compared to the closed value of 5.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hainan Development stock. Still, in general, we apply an absolute valuation method to find Hainan Development'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 Development where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hainan Development's related companies.
| Open | High | Low | Close | Volume | |
| 5.74 | 5.85 | 5.68 | 5.68 | 7,016,856 | |
08/06/2024 | 5.75 | 5.82 | 5.74 | 5.82 | 5,480,110 |
| 5.82 | 5.84 | 5.72 | 5.75 | 3,614,100 |
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Hainan Development Trading Date Momentum on August 6, 2024
| On August 07 2024 Hainan Development Holdings was traded for 5.75 at the closing time. The highest price during the trading period was 5.84 and the lowest recorded bid was listed for 5.72 . The volume for the day was 3.6 M. This history from August 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.20% . The trading delta at closing time to the current price is 0.17% . |
Hainan Development Fundamentals Correlations and Trends
By evaluating Hainan Development'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 Development'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 Development Stock history
Hainan Development 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 Development 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 Development stock prices may prove useful in developing a viable investing in Hainan Development
Hainan Development Stock Technical Analysis
Hainan Development 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 Development Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Hainan Development Holdings 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 Development January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Hainan Development 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 Development shares will generate the highest return on investment. By undertsting and applying Hainan Development stock market strength indicators, traders can identify Hainan Development Holdings entry and exit signals to maximize returns
Hainan Development Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hainan Development'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 | 0.044 | |||
| Jensen Alpha | 0.1933 | |||
| Total Risk Alpha | 0.1256 | |||
| Sortino Ratio | 0.0395 | |||
| Treynor Ratio | 0.6169 |
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| Volume Indicators |
Complementary Tools for Hainan Stock analysis
When running Hainan Development's price analysis, check to measure Hainan Development'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 Development is operating at the current time. Most of Hainan Development's value examination focuses on studying past and present price action to predict the probability of Hainan Development'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 Development's price. Additionally, you may evaluate how the addition of Hainan Development to your portfolios can decrease your overall portfolio volatility.
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