Hang Xiao (China) Price History

Stocks . China . 
Stock . Hang Xiao Steel
600477 Stock   2.91  0.02  0.68%   
Below is the normalized historical share price chart for Hang Xiao Steel extending back to November 10, 2003. 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 Hang Xiao stands at 2.91, as last reported on the 16th of December 2024, with the highest price reaching 2.96 and the lowest price hitting 2.89 during the day.
IPO Date
24th of October 2003
200 Day MA
2.6026
50 Day MA
2.8252
Beta
0.433
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Hang Stock, it is important to understand the factors that can impact its price. Hang Xiao appears to be risky, given 3 months investment horizon. Hang Xiao Steel holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. By evaluating Hang Xiao's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please utilize Hang Xiao's Downside Deviation of 2.73, market risk adjusted performance of (0.92), and Risk Adjusted Performance of 0.1226 to validate if our risk estimates are consistent with your expectations.
  
At present, Hang Xiao's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 2.6 B, whereas Treasury Stock is forecasted to decline to (214.9 K). . Hang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1888

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Good Returns
Average Returns
Small Returns600477
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Negative Returns

Estimated Market Risk

 3.07
  actual daily
27
73% of assets are more volatile

Expected Return

 0.58
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Hang Xiao is performing at about 14% 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 Hang Xiao by adding it to a well-diversified portfolio.
Price Book
1.3326
Enterprise Value Ebitda
27.9549
Price Sales
0.7515
Shares Float
1.4 B
Wall Street Target Price
4.3

Hang Xiao Stock Price History Chart

There are several ways to analyze Hang Stock price data. The simplest method is using a basic Hang candlestick price chart, which shows Hang Xiao price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 7, 20243.13
Lowest PriceSeptember 18, 20242.14

Hang Xiao December 16, 2024 Stock Price Synopsis

Various analyses of Hang Xiao's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Hang Stock. It can be used to describe the percentage change in the price of Hang Xiao from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Hang Stock.
Hang Xiao Price Action Indicator(0.02)
Hang Xiao Price Daily Balance Of Power(0.29)
Hang Xiao Price Rate Of Daily Change 0.99 
Hang Xiao Accumulation Distribution 681,682 

Hang Xiao December 16, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Hang Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Hang Xiao intraday prices and daily technical indicators to check the level of noise trading in Hang Stock and then apply it to test your longer-term investment strategies against Hang.

Hang Stock Price History Data

The price series of Hang Xiao for the period between Tue, Sep 17, 2024 and Mon, Dec 16, 2024 has a statistical range of 0.99 with a coefficient of variation of 10.91. The prices are distributed with arithmetic mean of 2.69. The median price for the last 90 days is 2.75. The company had 1.2:1 stock split on 11th of June 2019. Hang Xiao Steel issued dividends on 2024-10-22.
OpenHighLowCloseVolume
12/16/2024 2.92  2.96  2.89  2.91  28,825,392 
12/13/2024 3.02  3.03  2.92  2.93  39,715,184 
12/12/2024 3.02  3.04  2.96  3.04  39,804,555 
12/11/2024 2.92  3.03  2.92  3.02  52,839,068 
12/10/2024 3.09  3.11  2.92  2.93  72,609,363 
12/09/2024 3.06  3.10  2.97  3.01  52,071,390 
12/06/2024 2.94  3.06  2.93  3.05  59,320,102 
12/05/2024 2.86  2.96  2.86  2.94  43,802,134 
12/04/2024 2.89  2.91  2.85  2.87  29,108,119 
12/03/2024 2.91  2.92  2.86  2.91  25,990,622 
12/02/2024 2.80  2.92  2.78  2.91  43,357,979 
11/29/2024 2.75  2.79  2.73  2.78  22,357,320 
11/28/2024 2.75  2.79  2.74  2.75  22,625,128 
11/27/2024 2.70  2.74  2.63  2.74  26,126,907 
11/26/2024 2.72  2.74  2.69  2.70  20,247,252 
11/25/2024 2.73  2.78  2.65  2.73  38,501,589 
11/22/2024 2.87  2.87  2.74  2.75  25,652,106 
11/21/2024 2.88  2.90  2.84  2.86  20,773,162 
11/20/2024 2.86  2.89  2.83  2.89  25,201,611 
11/19/2024 2.86  2.88  2.79  2.85  27,331,394 
11/18/2024 2.87  2.91  2.83  2.85  36,135,477 
11/15/2024 2.86  2.91  2.82  2.83  29,548,798 
11/14/2024 2.94  2.98  2.87  2.88  26,762,038 
11/13/2024 3.01  3.04  2.91  2.95  39,496,839 
11/12/2024 3.05  3.09  2.99  3.02  38,902,068 
11/11/2024 3.08  3.11  3.03  3.07  34,916,577 
11/08/2024 3.16  3.18  3.07  3.08  44,044,709 
11/07/2024 3.06  3.14  3.06  3.13  62,005,322 
11/06/2024 2.99  3.23  2.93  3.11  122,761,340 
11/05/2024 2.83  3.00  2.82  2.99  55,660,786 
11/04/2024 2.85  2.89  2.81  2.84  29,303,862 
11/01/2024 2.90  2.93  2.82  2.84  40,248,775 
10/31/2024 2.82  2.90  2.81  2.88  48,121,982 
10/30/2024 2.73  2.80  2.73  2.78  24,051,477 
10/29/2024 2.86  2.87  2.73  2.75  43,093,030 
10/28/2024 2.72  2.84  2.71  2.84  47,366,213 
10/25/2024 2.66  2.73  2.63  2.72  35,495,887 
10/24/2024 2.66  2.67  2.61  2.64  23,687,460 
10/23/2024 2.63  2.71  2.61  2.68  34,926,712 
10/22/2024 2.60  2.63  2.56  2.62  26,291,019 
10/21/2024 2.60  2.61  2.57  2.59  36,844,157 
10/18/2024 2.48  2.63  2.46  2.60  64,356,943 
10/17/2024 2.57  2.58  2.48  2.48  32,222,014 
10/16/2024 2.49  2.58  2.48  2.55  31,824,596 
10/15/2024 2.60  2.62  2.54  2.55  31,389,795 
10/14/2024 2.59  2.63  2.54  2.61  30,303,608 
10/11/2024 2.67  2.69  2.54  2.57  40,464,497 
10/10/2024 2.64  2.77  2.62  2.68  40,851,812 
10/09/2024 2.88  2.88  2.64  2.64  58,807,953 
10/08/2024 3.06  3.06  2.80  2.92  86,234,876 
09/30/2024 2.60  2.78  2.60  2.78  79,911,988 
09/27/2024 2.49  2.53  2.46  2.53  25,861,598 
09/26/2024 2.36  2.45  2.35  2.45  31,091,165 
09/25/2024 2.31  2.45  2.30  2.36  42,618,989 
09/24/2024 2.20  2.29  2.20  2.29  32,129,275 
09/23/2024 2.19  2.20  2.17  2.18  7,486,549 
09/20/2024 2.20  2.21  2.17  2.19  12,396,724 
09/19/2024 2.15  2.22  2.14  2.20  20,779,515 
09/18/2024 2.16  2.17  2.10  2.14  14,873,502 
09/13/2024 2.17  2.18  2.15  2.16  8,374,600 
09/12/2024 2.16  2.19  2.15  2.16  11,736,113 

About Hang Xiao Stock history

Hang Xiao 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 Hang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hang Xiao Steel 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 Hang Xiao stock prices may prove useful in developing a viable investing in Hang Xiao
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.7 B2.4 B
Net Income Applicable To Common Shares473.3 M497 M

Hang Xiao Quarterly Net Working Capital

1.39 Billion

Hang Xiao Stock Technical Analysis

Hang Xiao technical stock 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, stock market cycles, or different charting patterns.
Overlap Analysis
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Forecast Models
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Price Shifting
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Volatility Indicators
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Value Movement
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A focus of Hang Xiao technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hang Xiao 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...

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Correlation Analysis

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Hang Xiao Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hang Xiao's price direction in advance. Along with the technical and fundamental analysis of Hang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hang 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 Performance0.1226
Jensen Alpha0.4938
Total Risk Alpha0.1511
Sortino Ratio0.1395
Treynor Ratio(0.93)
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators

Complementary Tools for Hang Stock analysis

When running Hang Xiao's price analysis, check to measure Hang Xiao'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 Hang Xiao is operating at the current time. Most of Hang Xiao's value examination focuses on studying past and present price action to predict the probability of Hang Xiao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hang Xiao's price. Additionally, you may evaluate how the addition of Hang Xiao to your portfolios can decrease your overall portfolio volatility.
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