Haiphong Packing (Vietnam) Price on November 22, 2024

BXH Stock   15,100  100.00  0.67%   
If you're considering investing in Haiphong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Haiphong Packing stands at 15,100, as last reported on the 29th of December, with the highest price reaching 15,100 and the lowest price hitting 15,000 during the day. Haiphong Packing appears to be very steady, given 3 months investment horizon. Haiphong Packing VICEM holds Efficiency (Sharpe) Ratio of 0.086, which attests that the entity had a 0.086% return per unit of risk over the last 3 months. By evaluating Haiphong Packing's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Haiphong Packing's insignificant Risk Adjusted Performance, market risk adjusted performance of (0.39), and Standard Deviation of 7.03 to validate if our risk estimates are consistent with your expectations.
  
Haiphong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.086

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsBXH
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 6.1
  actual daily
54
54% of assets are less volatile

Expected Return

 0.52
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average Haiphong Packing is performing at about 6% 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 Haiphong Packing by adding it to a well-diversified portfolio.

Haiphong Packing Valuation on November 22, 2024

It is possible to determine the worth of Haiphong Packing on a given historical date. On November 22, 2024 Haiphong was worth 16400.0 at the beginning of the trading date compared to the closed value of 16500.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Haiphong Packing stock. Still, in general, we apply an absolute valuation method to find Haiphong Packing'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 Haiphong Packing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Haiphong Packing's related companies.
 Open High Low Close Volume
  15,000    15,000    15,000    15,000    50,000  
11/22/2024
  16,400    16,500    15,300    16,500    60,100  
  16,500    18,000    16,500    18,000    2,100  
Backtest Haiphong Packing  |  Haiphong Packing History  PreviousNext  
Open Value
16400.0
16,382
Downside
16500.0
Closing Value
16,418
Upside

Haiphong Packing Trading Date Momentum on November 22, 2024

On November 25 2024 Haiphong Packing VICEM was traded for  18,000  at the closing time. The maximum traded price for the trading interval was 18,000  and the lowest daily price was  16,500 . The daily volume was recorded at 2.1 K. The volume of trading on 25th of November 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 9.09% . The trading delta at closing time to the closing price today is 9.70% .

Price Boundaries

Haiphong Packing Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Haiphong Packing VICEM cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.

Haiphong Packing December 29, 2024 Market Strength

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

Haiphong Packing Technical and Predictive Indicators

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