Hong Kong Exchanges Stock Price on June 27, 2024

HKXCF Stock  USD 36.87  0.35  0.94%   
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 36.87, as last reported on the 23rd of December, with the highest price reaching 39.34 and the lowest price hitting 36.87 during the day. Hong Kong appears to be not too volatile, given 3 months investment horizon. Hong Kong Exchanges holds Efficiency (Sharpe) Ratio of 0.044, which attests that the entity had a 0.044% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hong Kong Exchanges, which you can use to evaluate the volatility of the firm. Please utilize Hong Kong's Downside Deviation of 5.5, risk adjusted performance of 0.069, and Market Risk Adjusted Performance of (1.09) to validate if our risk estimates are consistent with your expectations.
  
Hong Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.044

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Estimated Market Risk

 5.27
  actual daily
46
54% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Hong Kong is performing at about 3% 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 Hong Kong by adding it to a well-diversified portfolio.

Hong Kong Valuation on June 27, 2024

It is possible to determine the worth of Hong Kong on a given historical date. On June 27, 2024 Hong was worth 32.21 at the beginning of the trading date compared to the closed value of 32.21. 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
  32.58    32.58    32.58    32.58    199.00  
06/27/2024
  32.21    32.21    30.92    32.21    25,440  
  32.21    32.21    31.56    31.56    2,124  
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Open Value
32.21
32.21
Closing Value
48.01
Upside

Hong Kong Trading Date Momentum on June 27, 2024

On June 28 2024 Hong Kong Exchanges was traded for  31.56  at the closing time. The highest daily price throughout the period was 32.21  and the lowest price was  31.56 . The daily volume was 2.1 K. The net trading volume on 06/28/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.02% . The trading delta at closing time to current closing price is 4.66% .

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.
A focus of Hong Kong technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hong Kong trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hong Kong Period Price Range

Low
December 23, 2024
0.00  NaN%
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 23, 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.

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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