Hannan Metals Stock Price on April 17, 2024
| HAN Stock | CAD 0.72 0.02 2.86% |
Below is the normalized historical share price chart for Hannan Metals extending back to March 31, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hannan Metals stands at 0.72, as last reported on the 27th of December, with the highest price reaching 0.72 and the lowest price hitting 0.68 during the day.
If you're considering investing in Hannan Stock, it is important to understand the factors that can impact its price. Hannan Metals appears to be out of control, given 3 months investment horizon. Hannan Metals holds Efficiency (Sharpe) Ratio of 0.0817, which attests that the entity had a 0.0817% return per unit of risk over the last 3 months. By evaluating Hannan Metals' technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Hannan Metals' Downside Deviation of 5.35, market risk adjusted performance of (0.37), and Risk Adjusted Performance of 0.0784 to validate if our risk estimates are consistent with your expectations.
At this time, Hannan Metals' Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 14.1 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 4.2 M in 2024. . At this time, Hannan Metals' Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to climb to 6.83 in 2024, whereas Price Earnings Ratio is likely to drop (7.84) in 2024. Hannan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.4997 | 50 Day MA 0.5822 | Beta 0.473 |
Hannan |
Sharpe Ratio = 0.0817
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HAN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.19 actual daily | 55 55% of assets are less volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Hannan Metals 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 Hannan Metals by adding it to a well-diversified portfolio.
Price Book 8.6069 | Book Value 0.084 | Enterprise Value 83.1 M | Enterprise Value Ebitda (35.22) | Shares Float 108 M |
Hannan Metals Valuation on April 17, 2024
It is possible to determine the worth of Hannan Metals on a given historical date. On April 17, 2024 Hannan was worth 0.4 at the beginning of the trading date compared to the closed value of 0.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hannan Metals stock. Still, in general, we apply an absolute valuation method to find Hannan Metals' 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 Hannan Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hannan Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.40 | 0.40 | 0.38 | 0.38 | 36,800 | |
04/17/2024 | 0.40 | 0.40 | 0.39 | 0.39 | 31,000 |
| 0.40 | 0.42 | 0.40 | 0.41 | 70,100 |
| Backtest Hannan Metals | | | Hannan Metals History | | | Hannan Metals Valuation | Previous | Next |
Hannan Metals Trading Date Momentum on April 17, 2024
| On April 18 2024 Hannan Metals was traded for 0.41 at the closing time. The highest daily price throughout the period was 0.42 and the lowest price was 0.40 . The daily volume was 70.1 K. The net trading volume on 04/18/2024 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 5.13% . The trading delta at closing time to current closing price is 17.95% . |
Hannan Metals Fundamentals Correlations and Trends
By evaluating Hannan Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hannan Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hannan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hannan Metals Stock history
Hannan Metals 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 Hannan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hannan Metals 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 Hannan Metals stock prices may prove useful in developing a viable investing in Hannan Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 109.6 M | 115 M | |
| Net Loss | -2 M | -2.1 M |
Hannan Metals Quarterly Net Working Capital |
|
Hannan Metals Stock Technical Analysis
Hannan Metals 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
Hannan Metals Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Hannan Metals cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. 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.
Hannan Metals December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Hannan Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hannan Metals shares will generate the highest return on investment. By undertsting and applying Hannan Metals stock market strength indicators, traders can identify Hannan Metals entry and exit signals to maximize returns
Hannan Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hannan Metals' price direction in advance. Along with the technical and fundamental analysis of Hannan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hannan 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 | 0.0784 | |||
| Jensen Alpha | 0.5791 | |||
| Total Risk Alpha | 0.1908 | |||
| Sortino Ratio | 0.0891 | |||
| Treynor Ratio | (0.38) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Hannan Stock Analysis
When running Hannan Metals' price analysis, check to measure Hannan Metals' 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 Hannan Metals is operating at the current time. Most of Hannan Metals' value examination focuses on studying past and present price action to predict the probability of Hannan Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hannan Metals' price. Additionally, you may evaluate how the addition of Hannan Metals to your portfolios can decrease your overall portfolio volatility.