Hanwha Chemical (Korea) Price on June 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 16th 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-three 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, risk adjusted performance of (0.08), and Standard Deviation of 3.62 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.
Hanwha |
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 June 26, 2023
It is possible to determine the worth of Hanwha Chemical on a given historical date. On June 26, 2023 Hanwha was worth 43450.0 at the beginning of the trading date compared to the closed value of 42950.0. 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 | |
45,350 | 45,650 | 43,050 | 43,250 | 1,893,530 | |
06/26/2023 | 43,450 | 43,500 | 42,250 | 42,950 | 922,208 |
42,650 | 43,250 | 42,500 | 42,850 | 583,596 |
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Hanwha Chemical Trading Date Momentum on June 26, 2023
On June 27 2023 Hanwha Chemical Corp was traded for 42,850 at the closing time. The highest price during the trading period was 43,250 and the lowest recorded bid was listed for 42,500 . The volume for the day was 583.6 K. This history from June 27, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.23% . The trading delta at closing time to the current price is 1.86% . |
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.
Price Boundaries
Hanwha Chemical Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
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Hanwha Chemical December 16, 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.
Risk Adjusted Performance | (0.08) | |||
Jensen Alpha | (0.38) | |||
Total Risk Alpha | (0.91) | |||
Treynor Ratio | 0.5408 |
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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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