Hongkong Land (Germany) Price on May 16, 2024
| HLH Stock | EUR 4.10 0.06 1.44% |
If you're considering investing in Hongkong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hongkong Land stands at 4.10, as last reported on the 22nd of December, with the highest price reaching 4.10 and the lowest price hitting 4.10 during the day. Hongkong Land appears to be relatively risky, given 3 months investment horizon. Hongkong Land Holdings holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Hongkong Land Holdings, which you can use to evaluate the volatility of the firm. Please utilize Hongkong Land's Downside Deviation of 2.12, market risk adjusted performance of (0.78), and Risk Adjusted Performance of 0.1085 to validate if our risk estimates are consistent with your expectations.
Hongkong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hongkong |
Sharpe Ratio = 0.1342
| Best Portfolio | Best Equity | |||
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| Small Returns | HLH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Hongkong Land is performing at about 10% 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 Hongkong Land by adding it to a well-diversified portfolio.
Hongkong Land Valuation on May 16, 2024
It is possible to determine the worth of Hongkong Land on a given historical date. On May 16, 2024 Hongkong was worth 3.06 at the beginning of the trading date compared to the closed value of 3.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hongkong Land stock. Still, in general, we apply an absolute valuation method to find Hongkong Land'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 Hongkong Land where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hongkong Land's related companies.
| Open | High | Low | Close | Volume | |
| 3.04 | 3.04 | 3.04 | 3.04 | 300.00 | |
05/16/2024 | 3.06 | 3.06 | 3.06 | 3.06 | 1.00 |
| 3.02 | 3.02 | 3.02 | 3.02 | 1.00 |
| Backtest Hongkong Land | | | Hongkong Land History | | | Hongkong Land Valuation | Previous | Next |
Hongkong Land Trading Date Momentum on May 16, 2024
| On May 17 2024 Hongkong Land Holdings was traded for 3.02 at the closing time. The highest daily price throughout the period was 3.02 and the lowest price was 3.02 . There was no trading activity during the period 1.0. Lack of trading volume on 05/17/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.31% . The trading delta at closing time to current closing price is 3.27% . |
Hongkong Land Holdings Fundamentals Correlations and Trends
By evaluating Hongkong Land'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 Hongkong Land's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hongkong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hongkong Land Stock history
Hongkong Land 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 Hongkong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hongkong Land Holdings 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 Hongkong Land stock prices may prove useful in developing a viable investing in Hongkong Land
Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of real estate properties in Greater China, Southeast Asia, and internationally. Hongkong Land Holdings Limited is a subsidiary of Jardine Strategic Holdings Limited. H K operates under Real Estate - General classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2090 people.
Hongkong Land Stock Technical Analysis
Hongkong Land 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
Hongkong Land Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Hongkong Land Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Hongkong Land December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Hongkong Land stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hongkong Land shares will generate the highest return on investment. By undertsting and applying Hongkong Land stock market strength indicators, traders can identify Hongkong Land Holdings entry and exit signals to maximize returns
Hongkong Land Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hongkong Land's price direction in advance. Along with the technical and fundamental analysis of Hongkong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hongkong 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 | 0.1085 | |||
| Jensen Alpha | 0.3813 | |||
| Total Risk Alpha | 0.2874 | |||
| Sortino Ratio | 0.1646 | |||
| Treynor Ratio | (0.79) |
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hongkong Stock analysis
When running Hongkong Land's price analysis, check to measure Hongkong Land'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 Hongkong Land is operating at the current time. Most of Hongkong Land's value examination focuses on studying past and present price action to predict the probability of Hongkong Land's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hongkong Land's price. Additionally, you may evaluate how the addition of Hongkong Land to your portfolios can decrease your overall portfolio volatility.
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