Tcc Steel (Korea) Price on November 5, 2024
| 002710 Stock | 27,400 200.00 0.74% |
If you're considering investing in Tcc Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tcc Steel stands at 27,400, as last reported on the 3rd of January, with the highest price reaching 27,700 and the lowest price hitting 26,500 during the day. Tcc Steel owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.22, which indicates the firm had a -0.22% return per unit of risk over the last 3 months. Tcc Steel exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tcc Steel's Risk Adjusted Performance of (0.04), coefficient of variation of (1,554), and Variance of 23.59 to confirm the risk estimate we provide.
Tcc Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tcc |
Sharpe Ratio = -0.2216
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| Negative Returns | 002710 |
Estimated Market Risk
| 3.72 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.82 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tcc Steel 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 Tcc Steel by adding Tcc Steel to a well-diversified portfolio.
Tcc Steel Valuation on November 5, 2024
It is possible to determine the worth of Tcc Steel on a given historical date. On November 5, 2024 Tcc was worth 43400.0 at the beginning of the trading date compared to the closed value of 42700.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tcc Steel stock. Still, in general, we apply an absolute valuation method to find Tcc Steel'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 Tcc Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tcc Steel's related companies.
| Open | High | Low | Close | Volume | |
| 42,850 | 44,450 | 42,050 | 44,000 | 188,432 | |
11/05/2024 | 43,400 | 43,600 | 42,450 | 42,700 | 126,413 |
| 43,700 | 44,000 | 38,750 | 39,000 | 461,375 |
| Backtest Tcc Steel | | | Tcc Steel History | | | Tcc Steel Valuation | Previous | Next |
Tcc Steel Trading Date Momentum on November 5, 2024
| On November 06 2024 Tcc Steel was traded for 39,000 at the closing time. The highest price during the trading period was 44,000 and the lowest recorded bid was listed for 38,750 . The volume for the day was 461.4 K. This history from November 6, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 8.67% . The trading price change to the current price is 24.36% . |
Tcc Steel Fundamentals Correlations and Trends
By evaluating Tcc Steel'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 Tcc Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tcc financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tcc Steel Stock history
Tcc Steel 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 Tcc is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tcc 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 Tcc Steel stock prices may prove useful in developing a viable investing in Tcc Steel
Tcc Steel Stock Technical Analysis
Tcc Steel 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.
Price Boundaries
Tcc Steel Period Price Range
Low | January 3, 2025
| High |
0.00 | 0.00 |
Tcc Steel cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock 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.
Tcc Steel January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Tcc Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tcc Steel shares will generate the highest return on investment. By undertsting and applying Tcc Steel stock market strength indicators, traders can identify Tcc Steel entry and exit signals to maximize returns
Tcc Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tcc Steel's price direction in advance. Along with the technical and fundamental analysis of Tcc Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tcc 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) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.55) |
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| Volume Indicators |
Complementary Tools for Tcc Stock analysis
When running Tcc Steel's price analysis, check to measure Tcc Steel'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 Tcc Steel is operating at the current time. Most of Tcc Steel's value examination focuses on studying past and present price action to predict the probability of Tcc Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tcc Steel's price. Additionally, you may evaluate how the addition of Tcc Steel to your portfolios can decrease your overall portfolio volatility.
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