Hanwha Chemical (Korea) Price on December 18, 2023
| 009830 Stock | 19,460 530.00 2.65% |
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 19,460, as last reported on the 27th of March, with the highest price reaching 20,150 and the lowest price hitting 19,400 during the day. Hanwha Chemical appears to be very steady, given 3 months investment horizon. Hanwha Chemical Corp holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13 % return per unit of risk over the last 3 months. By evaluating Hanwha Chemical's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Hanwha Chemical's Market Risk Adjusted Performance of 0.2416, risk adjusted performance of 0.0882, and Downside Deviation of 2.9 to validate if our risk estimates are consistent with your expectations.
Hanwha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hanwha |
Sharpe Ratio = 0.134
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Estimated Market Risk
| 3.93 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Hanwha Chemical is performing at about 10% 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 December 18, 2023
It is possible to determine the worth of Hanwha Chemical on a given historical date. On December 18, 2023 Hanwha was worth 34560.93 at the beginning of the trading date compared to the closed value of 34074.16. 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 | |
| 32,760 | 36,703 | 32,760 | 34,025 | 10,737,120 | |
12/18/2023 | 34,561 | 34,950 | 33,198 | 34,074 | 1,882,164 |
| 33,587 | 34,269 | 33,247 | 33,733 | 1,060,440 |
| Backtest Hanwha Chemical | | | Hanwha Chemical History | | | Hanwha Chemical Valuation | Previous | Next |
Hanwha Chemical Trading Date Momentum on December 18, 2023
| On December 19 2023 Hanwha Chemical Corp was traded for 33,733 at the closing time. The highest price during the trading period was 34,269 and the lowest recorded bid was listed for 33,247 . The volume for the day was 1.1 M. This history from December 19, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.00% . The trading delta at closing time to the current price is 11.15% . |
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.
Price Boundaries
Hanwha Chemical Period Price Range
Low | March 27, 2025
| High |
0.00 | 0.00 |
Hanwha Chemical Corp cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. 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.
Hanwha Chemical March 27, 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.
| Risk Adjusted Performance | 0.0882 | |||
| Jensen Alpha | 0.3476 | |||
| Total Risk Alpha | 0.3548 | |||
| Sortino Ratio | 0.1196 | |||
| Treynor Ratio | 0.2316 |
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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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