HNX (Vietnam) Price on October 2, 2024
HNXI Index | 230.29 0.48 0.21% |
Below is the normalized historical share price chart for HNX extending back to July 18, 2005. 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 HNX stands at 230.29, as last reported on the 26th of December, with the highest price reaching 230.87 and the lowest price hitting 229.08 during the day.
If you're considering investing in HNX Index, it is important to understand the factors that can impact its price. HNX holds Efficiency (Sharpe) Ratio of -0.0635, which attests that the entity had a -0.0635% return per unit of standard deviation over the last 3 months. HNX exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. HNX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = -0.0635
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Estimated Market Risk
0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HNX 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 HNX by adding HNX to a well-diversified portfolio.
HNX Valuation on October 2, 2024
It is possible to determine the worth of HNX on a given historical date. On October 2, 2024 HNX was worth 236.05 at the beginning of the trading date compared to the closed value of 235.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HNX index. Still, in general, we apply an absolute valuation method to find HNX'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 HNX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HNX's related companies.
Open | High | Low | Close | Volume | |
234.86 | 237.45 | 234.53 | 236.05 | 78,390,000 | |
10/02/2024 | 236.05 | 236.19 | 234.29 | 235.05 | 53,646,000 |
235.04 | 235.82 | 232.44 | 233.35 | 70,044,000 |
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HNX Trading Date Momentum on October 2, 2024
On October 03 2024 HNX was traded for 233.35 at the closing time. The highest price during the trading period was 235.82 and the lowest recorded bid was listed for 232.44 . The volume for the day was 70 M. This history from October 3, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.72% . The trading delta at closing time to the current price is 1.62% . |
Price Boundaries
HNX Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
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HNX December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how HNX index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HNX shares will generate the highest return on investment. By undertsting and applying HNX index market strength indicators, traders can identify HNX entry and exit signals to maximize returns
HNX Technical Drivers
HNX December 26, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HNX's price direction in advance. Along with the technical and fundamental analysis of HNX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of HNX 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 | (0.04) | |||
Mean Deviation | 0.4001 | |||
Coefficient Of Variation | (2,256) | |||
Standard Deviation | 0.5479 | |||
Variance | 0.3002 | |||
Information Ratio | (0.13) | |||
Total Risk Alpha | (0.06) | |||
Maximum Drawdown | 2.68 | |||
Value At Risk | (0.85) | |||
Potential Upside | 0.7329 | |||
Skewness | 0.994 | |||
Kurtosis | 3.4 |
Cycle Indicators | ||
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Pattern Recognition | ||
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Volume Indicators |