Hong Kong Land Stock Price on July 29, 2024
| HNGKY Stock | USD 21.99 2.47 10.10% |
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 21.99, as last reported on the 12th of December 2024, with the highest price reaching 23.74 and the lowest price hitting 21.96 during the day. Hong Kong appears to be not too volatile, given 3 months investment horizon. Hong Kong Land holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hong Kong Land, which you can use to evaluate the volatility of the firm. Please utilize Hong Kong's Risk Adjusted Performance of 0.0796, market risk adjusted performance of (0.32), and Downside Deviation of 3.15 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.
Hong |
Sharpe Ratio = 0.1112
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Estimated Market Risk
| 3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Hong Kong is performing at about 8% 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 July 29, 2024
It is possible to determine the worth of Hong Kong on a given historical date. On July 29, 2024 Hong was worth 16.42 at the beginning of the trading date compared to the closed value of 16.42. 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 | |
| 16.52 | 16.52 | 16.52 | 16.52 | 1,725 | |
07/29/2024 | 16.42 | 16.42 | 16.42 | 16.42 | 7,987 |
| 16.12 | 16.12 | 16.12 | 16.12 | 1,972 |
| Backtest Hong Kong | | | Hong Kong History | | | Hong Kong Valuation | Previous | Next |
Hong Kong Trading Date Momentum on July 29, 2024
| On July 30 2024 Hong Kong Land was traded for 16.12 at the closing time. The highest daily price throughout the period was 16.12 and the lowest price was 16.12 . The daily volume was 2 K. The net trading volume on 07/30/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.83% . The trading delta at closing time to current closing price is 0.00% . |
Hong Kong Land 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 Land 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
Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. Hongkong Land Holdings Limited is a subsidiary of Jardine Strategic Holdings Limited. Hongkong is traded on OTC Exchange in the United States.
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 12, 2024
| High |
0.00 | 0.00 |
Hong Kong Land 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 12, 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 Land 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 | 0.0796 | |||
| Jensen Alpha | 0.4187 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0626 | |||
| Treynor Ratio | (0.33) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional 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.