Hankook Steel (Korea) Price on September 19, 2024
| 025890 Stock | 2,155 10.00 0.47% |
If you're considering investing in Hankook Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hankook Steel stands at 2,155, as last reported on the 1st of December, with the highest price reaching 2,165 and the lowest price hitting 2,070 during the day. Hankook Steel appears to be very steady, given 3 months investment horizon. Hankook Steel holds Efficiency (Sharpe) Ratio of 0.0547, which attests that the entity had a 0.0547% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hankook Steel, which you can use to evaluate the volatility of the firm. Please utilize Hankook Steel's Downside Deviation of 2.76, market risk adjusted performance of 0.6825, and Risk Adjusted Performance of 0.0449 to validate if our risk estimates are consistent with your expectations.
Hankook Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hankook |
Sharpe Ratio = 0.0547
| Best Portfolio | Best Equity | |||
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| Small Returns | 025890 | |||
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Estimated Market Risk
| 4.09 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Hankook Steel is performing at about 4% 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 Hankook Steel by adding it to a well-diversified portfolio.
Hankook Steel Valuation on September 19, 2024
It is possible to determine the worth of Hankook Steel on a given historical date. On September 19, 2024 Hankook was worth 1976.0 at the beginning of the trading date compared to the closed value of 1972.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hankook Steel stock. Still, in general, we apply an absolute valuation method to find Hankook Steel'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 Hankook Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hankook Steel's related companies.
| Open | High | Low | Close | Volume | |
| 1,955 | 1,982 | 1,949 | 1,970 | 25,233 | |
09/19/2024 | 1,976 | 1,990 | 1,954 | 1,972 | 10,918 |
| 1,972 | 1,972 | 1,963 | 1,971 | 8,631 |
| Backtest Hankook Steel | | | Hankook Steel History | | | Hankook Steel Valuation | Previous | Next |
Hankook Steel Trading Date Momentum on September 19, 2024
| On September 20 2024 Hankook Steel Co was traded for 1,971 at the closing time. The highest price during the trading period was 1,972 and the lowest recorded bid was listed for 1,963 . The volume for the day was 8.6 K. This history from September 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.05% . The trading delta at closing time to the current price is 0.20% . |
About Hankook Steel Stock history
Hankook Steel 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 Hankook is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hankook Steel 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 Hankook Steel stock prices may prove useful in developing a viable investing in Hankook Steel
Hankook Steel Stock Technical Analysis
Hankook Steel 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
Hankook Steel Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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Hankook Steel December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Hankook Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hankook Steel shares will generate the highest return on investment. By undertsting and applying Hankook Steel stock market strength indicators, traders can identify Hankook Steel Co entry and exit signals to maximize returns
Hankook Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hankook Steel's price direction in advance. Along with the technical and fundamental analysis of Hankook Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hankook 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 | 0.0449 | |||
| Jensen Alpha | 0.1444 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | 0.0183 | |||
| Treynor Ratio | 0.6725 |
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| Volume Indicators |
Complementary Tools for Hankook Stock analysis
When running Hankook Steel's price analysis, check to measure Hankook Steel'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 Hankook Steel is operating at the current time. Most of Hankook Steel's value examination focuses on studying past and present price action to predict the probability of Hankook Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hankook Steel's price. Additionally, you may evaluate how the addition of Hankook Steel to your portfolios can decrease your overall portfolio volatility.
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