HLB Power (Korea) Price on December 12, 2024
043220 Stock | KRW 368.00 18.00 5.14% |
If you're considering investing in HLB Stock, it is important to understand the factors that can impact its price. As of today, the current price of HLB Power stands at 368.00, as last reported on the 12th of December 2024, with the highest price reaching 374.00 and the lowest price hitting 320.00 during the day. HLB Power retains Efficiency (Sharpe Ratio) of -0.0739, which attests that the entity had a -0.0739% return per unit of return volatility over the last 3 months. HLB Power exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HLB Power's Standard Deviation of 5.15, market risk adjusted performance of (0.68), and Coefficient Of Variation of (1,228) to validate the risk estimate we provide.
HLB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HLB |
Sharpe Ratio = -0.0739
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Estimated Market Risk
5.28 actual daily | 47 53% of assets are more volatile |
Expected Return
-0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HLB Power 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 HLB Power by adding HLB Power to a well-diversified portfolio.
HLB Power Valuation on December 12, 2024
It is possible to determine the worth of HLB Power on a given historical date. On December 12, 2024 HLB was worth 347.0 at the beginning of the trading date compared to the closed value of 368.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HLB Power stock. Still, in general, we apply an absolute valuation method to find HLB Power'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 HLB Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HLB Power's related companies.
Open | High | Low | Close | Volume | |
347.00 | 374.00 | 320.00 | 368.00 | 3,112,501 | |
12/12/2024 | 347.00 | 374.00 | 320.00 | 368.00 | 0.00 |
Backtest HLB Power | | | HLB Power History | | | HLB Power Valuation | Previous |
HLB Power Trading Date Momentum on December 12, 2024
On December 12 2024 HLB Power Co was traded for 368.00 at the closing time. The highest price during the trading period was 374.00 and the lowest recorded bid was listed for 320.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 12, 2024 did not cause price change. The trading delta at closing time to the current price is 5.71% . |
HLB Power Fundamentals Correlations and Trends
By evaluating HLB Power'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 HLB Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HLB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HLB Power Stock history
HLB Power 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 HLB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HLB Power 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 HLB Power stock prices may prove useful in developing a viable investing in HLB Power
HLB Power Co., Ltd. manufactures and sells power plant dampers and busways in South Korea. The company was founded in 1995 and is based in Seoul, South Korea. HLB POWER is traded on Korean Securities Dealers Automated Quotations in South Korea.
HLB Power Stock Technical Analysis
HLB Power 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
HLB Power Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
HLB Power Co 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.
HLB Power December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how HLB Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HLB Power shares will generate the highest return on investment. By undertsting and applying HLB Power stock market strength indicators, traders can identify HLB Power Co entry and exit signals to maximize returns
HLB Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HLB Power's price direction in advance. Along with the technical and fundamental analysis of HLB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HLB 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 | (0.05) | |||
Jensen Alpha | (0.50) | |||
Total Risk Alpha | (1.25) | |||
Treynor Ratio | (0.69) |
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Complementary Tools for HLB Stock analysis
When running HLB Power's price analysis, check to measure HLB Power'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 HLB Power is operating at the current time. Most of HLB Power's value examination focuses on studying past and present price action to predict the probability of HLB Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HLB Power's price. Additionally, you may evaluate how the addition of HLB Power to your portfolios can decrease your overall portfolio volatility.
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