Hannan Metals Stock Price on December 12, 2024

HAN Stock  CAD 0.78  0.03  3.70%   
Below is the normalized historical share price chart for Hannan Metals extending back to March 31, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hannan Metals stands at 0.78, as last reported on the 13th of December 2024, with the highest price reaching 0.85 and the lowest price hitting 0.72 during the day.
200 Day MA
0.4744
50 Day MA
0.5524
Beta
0.473
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Hannan Stock, it is important to understand the factors that can impact its price. Hannan Metals appears to be out of control, given 3 months investment horizon. Hannan Metals holds Efficiency (Sharpe) Ratio of 0.0988, which attests that the entity had a 0.0988% return per unit of risk over the last 3 months. By evaluating Hannan Metals' technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please utilize Hannan Metals' Risk Adjusted Performance of 0.091, market risk adjusted performance of (0.87), and Downside Deviation of 5.18 to validate if our risk estimates are consistent with your expectations.
  
At this time, Hannan Metals' Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 14.1 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 4.2 M in 2024. . At this time, Hannan Metals' Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to climb to 6.83 in 2024, whereas Price Earnings Ratio is likely to drop (7.84) in 2024. Hannan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0988

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Estimated Market Risk

 5.93
  actual daily
52
52% of assets are less volatile

Expected Return

 0.59
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Hannan Metals is performing at about 7% 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 Hannan Metals by adding it to a well-diversified portfolio.
Price Book
9.6828
Book Value
0.084
Enterprise Value
93.9 M
Enterprise Value Ebitda
(35.22)
Shares Float
108 M

Hannan Metals Valuation on December 12, 2024

It is possible to determine the worth of Hannan Metals on a given historical date. On December 12, 2024 Hannan was worth 0.85 at the beginning of the trading date compared to the closed value of 0.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hannan Metals stock. Still, in general, we apply an absolute valuation method to find Hannan Metals' 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 Hannan Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hannan Metals' related companies.
 Open High Low Close Volume
  0.80    0.81    0.77    0.81    41,866  
12/12/2024
  0.85    0.85    0.72    0.78    70,006  
Backtest Hannan Metals  |  Hannan Metals History  |  Hannan Metals Valuation   Previous
Open Value
0.85
0.78
Closing Value
18.63
Upside

Hannan Metals Trading Date Momentum on December 12, 2024

On December 12 2024 Hannan Metals was traded for  0.78  at the closing time. The highest daily price throughout the period was 0.85  and the lowest price was  0.72 . The daily volume was 70 K. The net trading volume on 12/12/2024 did not cause price change. The trading delta at closing time to current closing price is 8.97% .

Hannan Metals Fundamentals Correlations and Trends

By evaluating Hannan Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hannan Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hannan financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hannan Metals Stock history

Hannan Metals 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 Hannan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hannan Metals 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 Hannan Metals stock prices may prove useful in developing a viable investing in Hannan Metals
Last ReportedProjected for Next Year
Common Stock Shares Outstanding109.6 M115 M
Net Loss-2 M-2.1 M

Hannan Metals Quarterly Net Working Capital

3.39 Million

Hannan Metals Stock Technical Analysis

Hannan Metals 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 Hannan Metals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hannan Metals 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

Hannan Metals Period Price Range

Low
December 13, 2024
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High

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Hannan Metals cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Hannan Metals December 13, 2024 Market Strength

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

Hannan Metals Technical and Predictive Indicators

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

Additional Tools for Hannan Stock Analysis

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