Hannong Chemicals (Korea) Price on January 11, 2024
| 011500 Stock | 19,470 930.00 4.56% |
If you're considering investing in Hannong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hannong Chemicals stands at 19,470, as last reported on the 1st of March, with the highest price reaching 20,200 and the lowest price hitting 19,170 during the day. Hannong Chemicals appears to be very steady, given 3 months investment horizon. Hannong Chemicals holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16 % return per unit of risk over the last 3 months. By evaluating Hannong Chemicals' technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please utilize Hannong Chemicals' Risk Adjusted Performance of 0.1047, market risk adjusted performance of (0.31), and Downside Deviation of 3.37 to validate if our risk estimates are consistent with your expectations.
Hannong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hannong |
Sharpe Ratio = 0.1563
| Best Portfolio | Best Equity | |||
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| Small Returns | 011500 | |||
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Estimated Market Risk
| 4.11 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Hannong Chemicals is performing at about 12% 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 Hannong Chemicals by adding it to a well-diversified portfolio.
Hannong Chemicals Valuation on January 11, 2024
It is possible to determine the worth of Hannong Chemicals on a given historical date. On January 11, 2024 Hannong was worth 16212.5 at the beginning of the trading date compared to the closed value of 16440.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hannong Chemicals stock. Still, in general, we apply an absolute valuation method to find Hannong Chemicals' 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 Hannong Chemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hannong Chemicals' related companies.
| Open | High | Low | Close | Volume | |
| 16,361 | 16,639 | 16,094 | 16,123 | 286,528 | |
01/11/2024 | 16,212 | 17,392 | 16,113 | 16,440 | 1,014,282 |
| 16,728 | 16,936 | 16,163 | 16,401 | 443,083 |
| Backtest Hannong Chemicals | | | Hannong Chemicals History | | | Hannong Chemicals Valuation | Previous | Next |
Hannong Chemicals Trading Date Momentum on January 11, 2024
| On January 12 2024 Hannong Chemicals was traded for 16,401 at the closing time. The highest price during the trading period was 16,936 and the lowest recorded bid was listed for 16,163 . The volume for the day was 443.1 K. This history from January 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.24% . The trading delta at closing time to the current price is 9.40% . |
About Hannong Chemicals Stock history
Hannong Chemicals 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 Hannong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hannong Chemicals 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 Hannong Chemicals stock prices may prove useful in developing a viable investing in Hannong Chemicals
Hannong Chemicals Stock Technical Analysis
Hannong Chemicals 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
Hannong Chemicals Period Price Range
Low | March 1, 2025
| High |
0.00 | 0.00 |
Hannong Chemicals 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.
Hannong Chemicals March 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Hannong Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hannong Chemicals shares will generate the highest return on investment. By undertsting and applying Hannong Chemicals stock market strength indicators, traders can identify Hannong Chemicals entry and exit signals to maximize returns
Hannong Chemicals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hannong Chemicals' price direction in advance. Along with the technical and fundamental analysis of Hannong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hannong 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 | 0.1047 | |||
| Jensen Alpha | 0.4782 | |||
| Total Risk Alpha | 0.6408 | |||
| Sortino Ratio | 0.1597 | |||
| Treynor Ratio | (0.32) |
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| Volume Indicators |
Complementary Tools for Hannong Stock analysis
When running Hannong Chemicals' price analysis, check to measure Hannong Chemicals' 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 Hannong Chemicals is operating at the current time. Most of Hannong Chemicals' value examination focuses on studying past and present price action to predict the probability of Hannong Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hannong Chemicals' price. Additionally, you may evaluate how the addition of Hannong Chemicals to your portfolios can decrease your overall portfolio volatility.
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