Hanwha Chemical (Korea) Price on February 9, 2023

009830 Stock   19,790  440.00  2.27%   
If you're considering investing in Hanwha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hanwha Chemical stands at 19,790, as last reported on the 23rd of January, with the highest price reaching 20,200 and the lowest price hitting 19,060 during the day. At this point, Hanwha Chemical is very steady. Hanwha Chemical Corp holds Efficiency (Sharpe) Ratio of 0.0144, which attests that the entity had a 0.0144 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Hanwha Chemical Corp, which you can use to evaluate the volatility of the firm. Please check out Hanwha Chemical's Downside Deviation of 3.6, market risk adjusted performance of (0.03), and Risk Adjusted Performance of 0.0113 to validate if the risk estimate we provide is consistent with the expected return of 0.0596%.
  
Hanwha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0144

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Estimated Market Risk

 4.14
  actual daily
36
64% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
1
99% of assets perform better
Based on monthly moving average Hanwha Chemical is performing at about 1% 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 Hanwha Chemical by adding it to a well-diversified portfolio.

Hanwha Chemical Valuation on February 9, 2023

It is possible to determine the worth of Hanwha Chemical on a given historical date. On February 9, 2023 Hanwha was worth 50281.85 at the beginning of the trading date compared to the closed value of 51467.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hanwha Chemical stock. Still, in general, we apply an absolute valuation method to find Hanwha Chemical'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 Hanwha Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hanwha Chemical's related companies.
 Open High Low Close Volume
  50,982    51,036    50,120    50,336    1,065,955  
02/09/2023
  50,282    51,737    50,120    51,467    1,643,210  
  51,090    51,198    49,473    49,797    1,237,396  
Backtest Hanwha Chemical  |  Hanwha Chemical History  |  Hanwha Chemical Valuation   PreviousNext  
Open Value
50281.85
50,269
Downside
51467.49
Closing Value
50,294
Upside

Hanwha Chemical Trading Date Momentum on February 9, 2023

On February 10 2023 Hanwha Chemical Corp was traded for  49,797  at the closing time. The highest price during the trading period was 51,198  and the lowest recorded bid was listed for  49,473 . The volume for the day was 1.2 M. This history from February 10, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 3.25% . The trading delta at closing time to the current price is 4.50% .

About Hanwha Chemical Stock history

Hanwha Chemical 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 Hanwha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hanwha Chemical Corp 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 Hanwha Chemical stock prices may prove useful in developing a viable investing in Hanwha Chemical

Hanwha Chemical Stock Technical Analysis

Hanwha Chemical 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 Hanwha Chemical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hanwha Chemical 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

Hanwha Chemical Period Price Range

Low
January 23, 2025
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High

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Hanwha Chemical January 23, 2025 Market Strength

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

Hanwha Chemical Technical and Predictive Indicators

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

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