Tcc Steel (Korea) Price on November 28, 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.

Sharpe Ratio = -0.2216

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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 28, 2024

It is possible to determine the worth of Tcc Steel on a given historical date. On November 28, 2024 Tcc was worth 35550.0 at the beginning of the trading date compared to the closed value of 36800.0. 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
  36,100    37,900    35,400    35,450    208,663  
11/28/2024
  35,550    36,800    35,550    36,800    137,808  
  36,550    36,550    34,300    34,750    158,925  
Backtest Tcc Steel  |  Tcc Steel History  |  Tcc Steel Valuation   PreviousNext  
Open Value
35550.0
35,539
Downside
36800.0
Closing Value
35,561
Upside

Tcc Steel Trading Date Momentum on November 28, 2024

On November 29 2024 Tcc Steel was traded for  34,750  at the closing time. The highest price during the trading period was 36,550  and the lowest recorded bid was listed for  34,300 . The volume for the day was 158.9 K. This history from November 29, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.57% . The trading price change to the current price is 14.13% .

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.
A focus of Tcc Steel technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tcc Steel 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...

Price Boundaries

Tcc Steel Period Price Range

Low
January 3, 2025
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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.

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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