Hironic Co (Korea) Price on March 18, 2024
| 149980 Stock | KRW 6,340 50.00 0.78% |
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 Co stands at 6,340, as last reported on the 24th of December, with the highest price reaching 6,500 and the lowest price hitting 6,300 during the day. Hironic Co holds Efficiency (Sharpe) Ratio of -0.0225, which attests that the entity had a -0.0225% return per unit of risk over the last 3 months. Hironic Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hironic Co's Standard Deviation of 3.57, market risk adjusted performance of 0.2364, and Risk Adjusted Performance of (0.03) 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 = -0.0225
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 149980 |
Estimated Market Risk
| 3.7 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.08 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 Co 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 Co by adding Hironic Co to a well-diversified portfolio.
Hironic Co Valuation on March 18, 2024
It is possible to determine the worth of Hironic Co on a given historical date. On March 18, 2024 Hironic was worth 7400.0 at the beginning of the trading date compared to the closed value of 7200.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hironic Co stock. Still, in general, we apply an absolute valuation method to find Hironic Co'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 Co where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hironic Co's related companies.
| Open | High | Low | Close | Volume | |
| 7,590 | 7,620 | 7,300 | 7,350 | 116,431 | |
03/18/2024 | 7,400 | 7,420 | 7,190 | 7,200 | 98,057 |
| 7,310 | 7,310 | 6,990 | 7,080 | 155,649 |
| Backtest Hironic Co | | | Hironic Co History | | | Hironic Co Valuation | Previous | Next |
Hironic Co Trading Date Momentum on March 18, 2024
| On March 19 2024 Hironic Co was traded for 7,080 at the closing time. The highest price during the trading period was 7,310 and the lowest recorded bid was listed for 6,990 . The volume for the day was 155.6 K. This history from March 19, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.67% . The trading delta at closing time to the current price is 8.33% . |
Hironic Co Fundamentals Correlations and Trends
By evaluating Hironic Co'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 Co'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 Co Stock history
Hironic Co 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 Co 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 Co stock prices may prove useful in developing a viable investing in Hironic Co
Hironic Co Stock Technical Analysis
Hironic Co 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 Co Period Price Range
Low | December 24, 2024
| 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 Co December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Hironic Co 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 Co shares will generate the highest return on investment. By undertsting and applying Hironic Co stock market strength indicators, traders can identify Hironic Co entry and exit signals to maximize returns
Hironic Co Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hironic Co'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 | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.2264 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hironic Stock analysis
When running Hironic Co's price analysis, check to measure Hironic Co'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 Co is operating at the current time. Most of Hironic Co's value examination focuses on studying past and present price action to predict the probability of Hironic Co'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 Co's price. Additionally, you may evaluate how the addition of Hironic Co to your portfolios can decrease your overall portfolio volatility.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |