Hurum (Korea) Price on August 18, 2023

353190 Stock  KRW 705.00  5.00  0.71%   
If you're considering investing in Hurum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hurum stands at 705.00, as last reported on the 3rd of December, with the highest price reaching 716.00 and the lowest price hitting 684.00 during the day. Hurum holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of risk over the last 3 months. Hurum exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hurum's Standard Deviation of 2.33, market risk adjusted performance of (4.77), and Risk Adjusted Performance of (0.13) to validate the risk estimate we provide.
  
Hurum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1715

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Estimated Market Risk

 2.27
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.39
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hurum 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 Hurum by adding Hurum to a well-diversified portfolio.

Hurum Valuation on August 18, 2023

It is possible to determine the worth of Hurum on a given historical date. On August 18, 2023 Hurum was worth 1175.0 at the beginning of the trading date compared to the closed value of 1173.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hurum stock. Still, in general, we apply an absolute valuation method to find Hurum'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 Hurum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hurum's related companies.
 Open High Low Close Volume
  1,160    1,189    1,100    1,189    234,650  
08/18/2023
  1,175    1,189    1,151    1,173    98,179  
  1,173    1,180    1,136    1,167    144,733  
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Open Value
1175.0
1173.0
Closing Value
1,182
Upside

Hurum Trading Date Momentum on August 18, 2023

On August 21 2023 Hurum Co was traded for  1,167  at the closing time. The highest price during the trading period was 1,180  and the lowest recorded bid was listed for  1,136 . The volume for the day was 144.7 K. This history from August 21, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.51% . The trading delta at closing time to the current price is 6.05% .

Hurum Fundamentals Correlations and Trends

By evaluating Hurum'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 Hurum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hurum financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hurum Stock history

Hurum 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 Hurum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hurum 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 Hurum stock prices may prove useful in developing a viable investing in Hurum
NH Special Purpose Acquisition 16 Company focuses to merge with other companies. The company was founded in 2020 and is headquartered in Seoul, South Korea. NH SPAC is traded on Korean Securities Dealers Automated Quotations in South Korea.

Hurum Stock Technical Analysis

Hurum 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.
A focus of Hurum technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hurum trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hurum Period Price Range

Low
December 3, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hurum 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.

Hurum December 3, 2024 Market Strength

Market strength indicators help investors to evaluate how Hurum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hurum shares will generate the highest return on investment. By undertsting and applying Hurum stock market strength indicators, traders can identify Hurum Co entry and exit signals to maximize returns

Hurum Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hurum's price direction in advance. Along with the technical and fundamental analysis of Hurum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hurum 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.

Complementary Tools for Hurum Stock analysis

When running Hurum's price analysis, check to measure Hurum'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 Hurum is operating at the current time. Most of Hurum's value examination focuses on studying past and present price action to predict the probability of Hurum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hurum's price. Additionally, you may evaluate how the addition of Hurum to your portfolios can decrease your overall portfolio volatility.
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