Hanwha Chemical (Korea) Price on April 26, 2023

009830 Stock   16,850  90.00  0.54%   
If you're considering investing in Hanwha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hanwha Chemical stands at 16,850, as last reported on the 15th of December 2024, with the highest price reaching 17,220 and the lowest price hitting 16,480 during the day. Hanwha Chemical Corp holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Hanwha Chemical Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hanwha Chemical's Market Risk Adjusted Performance of 0.5508, standard deviation of 3.62, and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide.
  
Hanwha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1407

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Estimated Market Risk

 3.64
  actual daily
32
68% of assets are more volatile

Expected Return

 -0.51
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hanwha Chemical 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 Hanwha Chemical by adding Hanwha Chemical to a well-diversified portfolio.

Hanwha Chemical Valuation on April 26, 2023

It is possible to determine the worth of Hanwha Chemical on a given historical date. On April 26, 2023 Hanwha was worth 54300.0 at the beginning of the trading date compared to the closed value of 53100.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hanwha Chemical stock. Still, in general, we apply an absolute valuation method to find Hanwha Chemical'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 Hanwha Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hanwha Chemical's related companies.
 Open High Low Close Volume
  54,400    55,500    53,600    55,100    2,662,992  
04/26/2023
  54,300    54,700    53,100    53,100    1,988,902  
  51,800    53,100    50,700    51,200    3,589,075  
Backtest Hanwha Chemical  |  Hanwha Chemical History  |  Hanwha Chemical Valuation   PreviousNext  
Open Value
54300.0
54,289
Downside
53100.0
Closing Value
54,311
Upside

Hanwha Chemical Trading Date Momentum on April 26, 2023

On April 27 2023 Hanwha Chemical Corp was traded for  51,200  at the closing time. The highest price during the trading period was 53,100  and the lowest recorded bid was listed for  50,700 . The volume for the day was 3.6 M. This history from April 27, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 3.58% . The trading delta at closing time to the current price is 12.99% .

About Hanwha Chemical Stock history

Hanwha Chemical 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 Hanwha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hanwha Chemical Corp 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 Hanwha Chemical stock prices may prove useful in developing a viable investing in Hanwha Chemical

Hanwha Chemical Stock Technical Analysis

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

Hanwha Chemical Period Price Range

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December 15, 2024
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Hanwha Chemical Corp 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.

Hanwha Chemical December 15, 2024 Market Strength

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

Hanwha Chemical Technical and Predictive Indicators

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

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