Hironic (Korea) Price on March 15, 2023
149980 Stock | KRW 6,300 270.00 4.48% |
If you're considering investing in Hironic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hironic stands at 6,300, as last reported on the 1st of January, with the highest price reaching 6,380 and the lowest price hitting 5,900 during the day. Hironic holds Efficiency (Sharpe) Ratio of -0.0164, which attests that the entity had a -0.0164% return per unit of risk over the last 3 months. Hironic exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hironic's Risk Adjusted Performance of (0.01), standard deviation of 3.69, and Market Risk Adjusted Performance of 0.4685 to validate the risk estimate we provide.
Hironic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hironic |
Sharpe Ratio = -0.0164
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Negative Returns | 149980 |
Estimated Market Risk
3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hironic is not performing at its full potential. However, 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 Hironic by adding Hironic to a well-diversified portfolio.
Hironic Valuation on March 15, 2023
It is possible to determine the worth of Hironic on a given historical date. On March 15, 2023 Hironic was worth 5091.66 at the beginning of the trading date compared to the closed value of 5366.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hironic stock. Still, in general, we apply an absolute valuation method to find Hironic'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 Hironic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hironic's related companies.
Open | High | Low | Close | Volume | |
5,250 | 5,292 | 5,025 | 5,025 | 150,107 | |
03/15/2023 | 5,092 | 5,758 | 5,092 | 5,367 | 676,475 |
5,367 | 5,392 | 5,175 | 5,225 | 121,942 |
Backtest Hironic | | | Hironic History | | | Hironic Valuation | Previous | Next |
Hironic Trading Date Momentum on March 15, 2023
On March 16 2023 Hironic Co was traded for 5,225 at the closing time. The highest price during the trading period was 5,392 and the lowest recorded bid was listed for 5,175 . The volume for the day was 121.9 K. This history from March 16, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.64% . The trading delta at closing time to the current price is 1.86% . |
Hironic Fundamentals Correlations and Trends
By evaluating Hironic'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 Hironic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hironic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hironic Stock history
Hironic 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 Hironic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hironic 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 Hironic stock prices may prove useful in developing a viable investing in Hironic
Hironic Stock Technical Analysis
Hironic 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
Hironic Period Price Range
Low | January 1, 2025
| High |
0.00 | 0.00 |
Hironic Co 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.
Hironic January 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Hironic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hironic shares will generate the highest return on investment. By undertsting and applying Hironic stock market strength indicators, traders can identify Hironic Co entry and exit signals to maximize returns
Hironic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hironic's price direction in advance. Along with the technical and fundamental analysis of Hironic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hironic 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 | (0.01) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.11) | |||
Treynor Ratio | 0.4585 |
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Math Transform | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
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When running Hironic's price analysis, check to measure Hironic'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 Hironic is operating at the current time. Most of Hironic's value examination focuses on studying past and present price action to predict the probability of Hironic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hironic's price. Additionally, you may evaluate how the addition of Hironic to your portfolios can decrease your overall portfolio volatility.
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