Hongkong Land Holdings Stock Price on March 11, 2024
| HKHGF Stock | USD 3.32 0.08 2.35% |
If you're considering investing in Hongkong Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Hongkong Land stands at 3.32, as last reported on the 15th of June 2024, with the highest price reaching 3.32 and the lowest price hitting 3.32 during the day. Hongkong Land appears to be slightly risky, given 3 months investment horizon. Hongkong Land Holdings holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty technical indicators for Hongkong Land Holdings, which you can use to evaluate the volatility of the firm. Please utilize Hongkong Land's Risk Adjusted Performance of 0.0912, market risk adjusted performance of 0.7477, and Standard Deviation of 1.68 to validate if our risk estimates are consistent with your expectations.
Hongkong Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Hongkong |
Sharpe Ratio = 0.1385
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Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Hongkong Land is performing at about 10% 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 Hongkong Land by adding it to a well-diversified portfolio.
Hongkong Land Valuation on March 11, 2024
It is possible to determine the worth of Hongkong Land on a given historical date. On March 11, 2024 Hongkong was worth 3.04 at the beginning of the trading date compared to the closed value of 2.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hongkong Land pink sheet. Still, in general, we apply an absolute valuation method to find Hongkong Land'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 Hongkong Land where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hongkong Land's related companies.
| Open | High | Low | Close | Volume | |
| 3.04 | 3.04 | 2.88 | 2.88 | 1.00 | |
03/11/2024 | 3.04 | 3.04 | 2.88 | 2.88 | 1.00 |
| 3.04 | 3.04 | 2.88 | 2.88 | 1.00 |
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Hongkong Land Trading Date Momentum on March 11, 2024
| On March 12 2024 Hongkong Land Holdings was traded for 2.88 at the closing time. The highest daily price throughout the period was 3.04 and the lowest price was 2.88 . There was no trading activity during the period 1.0. Lack of trading volume on 03/12/2024 did not cause price change. The trading delta at closing time to current closing price is 5.56% . |
Hongkong Land Holdings Fundamentals Correlations and Trends
By evaluating Hongkong Land'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 Hongkong Land's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hongkong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hongkong Land Pink Sheet history
Hongkong Land 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 Hongkong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hongkong Land Holdings 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 Hongkong Land stock prices may prove useful in developing a viable investing in Hongkong Land
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 Land is traded on OTC Exchange in the United States.
Hongkong Land Pink Sheet Technical Analysis
Hongkong Land 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
Hongkong Land Period Price Range
Low | March 11, 2024
| High |
3.04 | 2.88 |
Hongkong Land June 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Hongkong Land 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 Hongkong Land shares will generate the highest return on investment. By undertsting and applying Hongkong Land pink sheet market strength indicators, traders can identify Hongkong Land Holdings entry and exit signals to maximize returns
Hongkong Land Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hongkong Land's price direction in advance. Along with the technical and fundamental analysis of Hongkong Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hongkong 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 | 0.0912 | |||
| Jensen Alpha | 0.2224 | |||
| Total Risk Alpha | 0.2521 | |||
| Treynor Ratio | 0.7377 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hongkong Pink Sheet analysis
When running Hongkong Land's price analysis, check to measure Hongkong Land'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 Hongkong Land is operating at the current time. Most of Hongkong Land's value examination focuses on studying past and present price action to predict the probability of Hongkong Land's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hongkong Land's price. Additionally, you may evaluate how the addition of Hongkong Land to your portfolios can decrease your overall portfolio volatility.
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