TCC Steel (Korea) Price on March 21, 2024
| 002710 Stock | 30,200 500.00 1.68% |
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 30,200, as last reported on the 8th of January, with the highest price reaching 30,300 and the lowest price hitting 29,250 during the day. TCC Steel Corp retains Efficiency (Sharpe Ratio) of -0.18, which indicates the company had a -0.18% return per unit of volatility over the last 3 months. TCC Steel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TCC Steel's Mean Deviation of 3.36, market risk adjusted performance of (3.02), and Information Ratio of (0.07) 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 = -0.1834
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 002710 |
Estimated Market Risk
| 3.81 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.7 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 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 March 21, 2024
It is possible to determine the worth of TCC Steel on a given historical date. On March 21, 2024 TCC was worth 62718.01 at the beginning of the trading date compared to the closed value of 65310.49. 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 | |
| 63,316 | 63,615 | 61,322 | 61,721 | 205,248 | |
03/21/2024 | 62,718 | 66,507 | 62,718 | 65,310 | 431,357 |
| 65,310 | 65,410 | 63,217 | 63,217 | 175,195 |
| Backtest TCC Steel | | | TCC Steel History | Previous | Next |
TCC Steel Trading Date Momentum on March 21, 2024
| On March 22 2024 TCC Steel Corp was traded for 63,217 at the closing time. The highest price during the trading period was 65,410 and the lowest recorded bid was listed for 63,217 . The volume for the day was 175.2 K. This history from March 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.21% . The trading price change to the current price is 9.47% . |
Price Boundaries
TCC Steel Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
TCC Steel Corp cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. 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 8, 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 Corp 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 | (0.05) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (3.03) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| 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.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |