Hafnia Limited Stock Technical Analysis
| HAFN Stock | 5.64 0.31 5.82% |
As of the 30th of November, Hafnia retains the Risk Adjusted Performance of (0.13), market risk adjusted performance of (42.75), and Standard Deviation of 2.33. Hafnia technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.
Hafnia Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hafnia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HafniaHafnia |
Hafnia 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.
Hafnia Limited Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hafnia Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hafnia Limited Trend Analysis
Use this graph to draw trend lines for Hafnia Limited. You can use it to identify possible trend reversals for Hafnia as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hafnia price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hafnia Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hafnia Limited applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Hafnia Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 70.7, which is the sum of squared deviations for the predicted Hafnia price change compared to its average price change.About Hafnia Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Hafnia Limited on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Hafnia Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hafnia Limited price pattern first instead of the macroeconomic environment surrounding Hafnia Limited. By analyzing Hafnia's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hafnia's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hafnia specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0684 | 0.15 | 0.0756 | Price To Sales Ratio | 3.36 | 1.38 | 1.86 |
Hafnia November 30, 2024 Technical Indicators
Most technical analysis of Hafnia help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hafnia from various momentum indicators to cycle indicators. When you analyze Hafnia charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | (0.13) | |||
| Market Risk Adjusted Performance | (42.75) | |||
| Mean Deviation | 1.81 | |||
| Coefficient Of Variation | (546.62) | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.43 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | (42.76) | |||
| Maximum Drawdown | 9.2 | |||
| Value At Risk | (4.15) | |||
| Potential Upside | 3.44 | |||
| Skewness | 0.3655 | |||
| Kurtosis | (0.17) |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hafnia Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hafnia. If investors know Hafnia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hafnia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.37) | Dividend Share 0.97 | Revenue Per Share 5.289 | Quarterly Revenue Growth 0.741 | Return On Assets 0.1275 |
The market value of Hafnia Limited is measured differently than its book value, which is the value of Hafnia that is recorded on the company's balance sheet. Investors also form their own opinion of Hafnia's value that differs from its market value or its book value, called intrinsic value, which is Hafnia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hafnia's market value can be influenced by many factors that don't directly affect Hafnia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hafnia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hafnia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hafnia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.