Hong Kong Exchanges Stock Price on May 6, 2024
HKXCF Stock | USD 38.10 1.72 4.32% |
If you're considering investing in Hong Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Hong Kong stands at 38.10, as last reported on the 30th of December, with the highest price reaching 39.90 and the lowest price hitting 38.10 during the day. Hong Kong Exchanges holds Efficiency (Sharpe) Ratio of -0.0047, which attests that the entity had a -0.0047% return per unit of risk over the last 3 months. Hong Kong Exchanges exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hong Kong's Downside Deviation of 5.62, risk adjusted performance of 0.0506, and Market Risk Adjusted Performance of 0.4505 to validate the risk estimate we provide.
Hong Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Hong |
Sharpe Ratio = -0.0047
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Estimated Market Risk
5.23 actual daily | 46 54% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hong Kong 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 Hong Kong by adding Hong Kong to a well-diversified portfolio.
Hong Kong Valuation on May 6, 2024
It is possible to determine the worth of Hong Kong on a given historical date. On May 6, 2024 Hong was worth 34.53 at the beginning of the trading date compared to the closed value of 33.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hong Kong pink sheet. Still, in general, we apply an absolute valuation method to find Hong Kong'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 Hong Kong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hong Kong's related companies.
Open | High | Low | Close | Volume | |
33.44 | 33.62 | 33.44 | 33.62 | 1,678 | |
05/06/2024 | 34.53 | 34.53 | 33.23 | 33.23 | 2,640 |
32.89 | 32.89 | 32.89 | 32.89 | 627.00 |
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Hong Kong Trading Date Momentum on May 6, 2024
On May 07 2024 Hong Kong Exchanges was traded for 32.89 at the closing time. The highest daily price throughout the period was 32.89 and the lowest price was 32.89 . The daily volume was 627. The net trading volume on 05/07/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.02% . The trading delta at closing time to current closing price is 10.32% . |
Hong Kong Exchanges Fundamentals Correlations and Trends
By evaluating Hong Kong'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 Hong Kong's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hong Kong Pink Sheet history
Hong Kong 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 Hong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hong Kong Exchanges 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 Hong Kong stock prices may prove useful in developing a viable investing in Hong Kong
Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock exchanges and futures exchanges, and related clearing houses in Hong Kong, Mainland China, and the United Kingdom. Hong Kong Exchanges and Clearing Limited is based in Central, Hong Kong. Hong Kong operates under Financial Data Stock Exchanges classification in the United States and is traded on OTC Exchange. It employs 2146 people.
Hong Kong Pink Sheet Technical Analysis
Hong Kong technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Hong Kong Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Hong Kong Exchanges cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Hong Kong December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Hong Kong pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hong Kong shares will generate the highest return on investment. By undertsting and applying Hong Kong pink sheet market strength indicators, traders can identify Hong Kong Exchanges entry and exit signals to maximize returns
Hong Kong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hong Kong's price direction in advance. Along with the technical and fundamental analysis of Hong Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hong 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 | 0.0506 | |||
Jensen Alpha | 0.2556 | |||
Total Risk Alpha | 0.1221 | |||
Sortino Ratio | 0.044 | |||
Treynor Ratio | 0.4405 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Hong Pink Sheet analysis
When running Hong Kong's price analysis, check to measure Hong Kong'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 Hong Kong is operating at the current time. Most of Hong Kong's value examination focuses on studying past and present price action to predict the probability of Hong Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Kong's price. Additionally, you may evaluate how the addition of Hong Kong to your portfolios can decrease your overall portfolio volatility.
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