Hang Xiao (China) Price on March 29, 2024
| 600477 Stock | 2.91 0.03 1.04% |
If you're considering investing in Hang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hang Xiao stands at 2.91, as last reported on the 4th of March, with the highest price reaching 2.93 and the lowest price hitting 2.86 during the day. At this point, Hang Xiao is unstable. Hang Xiao Steel holds Efficiency (Sharpe) Ratio of 0.0156, which attests that the entity had a 0.0156 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hang Xiao Steel, which you can use to evaluate the volatility of the firm. Please check out Hang Xiao's Downside Deviation of 2.3, market risk adjusted performance of (0.19), and Risk Adjusted Performance of 0.0192 to validate if the risk estimate we provide is consistent with the expected return of 0.0435%.
Hang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hang |
Sharpe Ratio = 0.0156
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 600477 |
Estimated Market Risk
| 2.79 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Hang Xiao is performing at about 1% 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 Hang Xiao by adding it to a well-diversified portfolio.
Hang Xiao Valuation on March 29, 2024
It is possible to determine the worth of Hang Xiao on a given historical date. On March 29, 2024 Hang was worth 2.77 at the beginning of the trading date compared to the closed value of 2.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hang Xiao stock. Still, in general, we apply an absolute valuation method to find Hang Xiao'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 Hang Xiao where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hang Xiao's related companies.
| Open | High | Low | Close | Volume | |
| 2.73 | 2.79 | 2.72 | 2.76 | 14,973,368 | |
03/29/2024 | 2.77 | 2.78 | 2.74 | 2.77 | 4,994,632 |
| 2.78 | 2.88 | 2.78 | 2.87 | 23,190,178 |
| Backtest Hang Xiao | | | Hang Xiao History | | | Hang Xiao Valuation | Previous | Next |
Hang Xiao Trading Date Momentum on March 29, 2024
| On April 01 2024 Hang Xiao Steel was traded for 2.87 at the closing time. The highest price during the trading period was 2.88 and the lowest recorded bid was listed for 2.78 . The volume for the day was 23.2 M. This history from April 1, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.61% . The trading delta at closing time to the current price is 4.69% . |
Hang Xiao Steel Fundamentals Correlations and Trends
By evaluating Hang Xiao'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 Hang Xiao's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hang Xiao Stock history
Hang Xiao 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 Hang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hang Xiao 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 Hang Xiao stock prices may prove useful in developing a viable investing in Hang Xiao
Hang Xiao Stock Technical Analysis
Hang Xiao 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
Hang Xiao Period Price Range
Low | March 4, 2025
| High |
0.00 | 0.00 |
Hang Xiao Steel cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock Exchange. 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.
Hang Xiao March 4, 2025 Market Strength
Market strength indicators help investors to evaluate how Hang Xiao stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hang Xiao shares will generate the highest return on investment. By undertsting and applying Hang Xiao stock market strength indicators, traders can identify Hang Xiao Steel entry and exit signals to maximize returns
Hang Xiao Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hang Xiao's price direction in advance. Along with the technical and fundamental analysis of Hang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hang 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 | 0.0192 | |||
| Jensen Alpha | 0.0186 | |||
| Total Risk Alpha | 0.3538 | |||
| Sortino Ratio | 0.053 | |||
| Treynor Ratio | (0.20) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hang Stock analysis
When running Hang Xiao's price analysis, check to measure Hang Xiao'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 Hang Xiao is operating at the current time. Most of Hang Xiao's value examination focuses on studying past and present price action to predict the probability of Hang Xiao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hang Xiao's price. Additionally, you may evaluate how the addition of Hang Xiao to your portfolios can decrease your overall portfolio volatility.
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