Hong Kong Land Stock Price on May 26, 2020
| HNGKY Stock | USD 15.20 0.05 0.33% |
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 15.20, as last reported on the 25th of April, with the highest price reaching 15.60 and the lowest price hitting 15.04 during the day. We consider Hong Kong not too volatile. Hong Kong Land holds Efficiency (Sharpe) Ratio of 0.0172, which attests that the entity had a 0.0172% 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 check out Hong Kong's Market Risk Adjusted Performance of 0.427, risk adjusted performance of 0.0174, and Downside Deviation of 1.87 to validate if the risk estimate we provide is consistent with the expected return of 0.0327%.
Hong Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Hong |
Sharpe Ratio = 0.0172
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| Negative Returns | HNGKY |
Estimated Market Risk
| 1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Hong Kong is performing at about 1% 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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
Hong Kong April 25, 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 | 0.0174 | |||
| Jensen Alpha | 0.0184 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.417 |
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| Math Transform | ||
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hong Kong Land. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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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