Hon Hai Precision Stock Price on October 23, 2024

HNHPF Stock  USD 11.18  0.35  3.04%   
If you're considering investing in Hon Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Hon Hai stands at 11.18, as last reported on the 16th of December 2024, with the highest price reaching 11.25 and the lowest price hitting 11.14 during the day. Hon Hai Precision holds Efficiency (Sharpe) Ratio of -0.004, which attests that the entity had a -0.004% return per unit of risk over the last 3 months. Hon Hai Precision exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hon Hai's Market Risk Adjusted Performance of 0.2616, downside deviation of 1.94, and Risk Adjusted Performance of 0.0379 to validate the risk estimate we provide.
  
Hon Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.004

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

Estimated Market Risk

 1.86
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.01
  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 Hon Hai 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 Hon Hai by adding Hon Hai to a well-diversified portfolio.

Hon Hai Valuation on October 23, 2024

It is possible to determine the worth of Hon Hai on a given historical date. On October 23, 2024 Hon was worth 13.39 at the beginning of the trading date compared to the closed value of 13.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hon Hai pink sheet. Still, in general, we apply an absolute valuation method to find Hon Hai'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 Hon Hai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hon Hai's related companies.
 Open High Low Close Volume
  13.10    13.38    12.93    13.33    58,700  
10/23/2024
  13.39    13.39    13.06    13.26    42,200  
  13.15    13.18    13.00    13.06    15,440  
Backtest Hon Hai  |  Hon Hai History  |  Hon Hai Valuation   PreviousNext  
Open Value
13.39
13.26
Closing Value
18.98
Upside

Hon Hai Trading Date Momentum on October 23, 2024

On October 24 2024 Hon Hai Precision was traded for  13.06  at the closing time. The highest daily price throughout the period was 13.18  and the lowest price was  13.00 . The daily volume was 15.4 K. The net trading volume on 10/24/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.51% . The trading delta at closing time to current closing price is 0.08% .

Hon Hai Precision Fundamentals Correlations and Trends

By evaluating Hon Hai'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 Hon Hai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hon financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hon Hai Pink Sheet history

Hon Hai 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 Hon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hon Hai Precision 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 Hon Hai stock prices may prove useful in developing a viable investing in Hon Hai
Hon Hai Precision Industry Co., Ltd. provides technology solutions in Japan, Ireland, the United States, Singapore, China, Taiwan, and internationally. The company was founded in 1974 and is headquartered in New Taipei City, Taiwan. Hon Hai operates under Electronic Components classification in the United States and is traded on OTC Exchange. It employs 826608 people.

Hon Hai Pink Sheet Technical Analysis

Hon Hai 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 Hon Hai technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hon Hai 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

Hon Hai Period Price Range

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hon Hai Precision 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.

Hon Hai December 16, 2024 Market Strength

Market strength indicators help investors to evaluate how Hon Hai 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 Hon Hai shares will generate the highest return on investment. By undertsting and applying Hon Hai pink sheet market strength indicators, traders can identify Hon Hai Precision entry and exit signals to maximize returns

Hon Hai Technical and Predictive Indicators

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

When running Hon Hai's price analysis, check to measure Hon Hai'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 Hon Hai is operating at the current time. Most of Hon Hai's value examination focuses on studying past and present price action to predict the probability of Hon Hai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hon Hai's price. Additionally, you may evaluate how the addition of Hon Hai to your portfolios can decrease your overall portfolio volatility.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account