Namyang Dairy (Korea) Price on September 3, 2024

003920 Stock   58,700  200.00  0.34%   
If you're considering investing in Namyang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Namyang Dairy stands at 58,700, as last reported on the 2nd of January, with the highest price reaching 60,200 and the lowest price hitting 58,300 during the day. At this point, Namyang Dairy is very steady. Namyang Dairy Products has Sharpe Ratio of 0.038, which conveys that the firm had a 0.038% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Namyang Dairy, which you can use to evaluate the volatility of the firm. Please verify Namyang Dairy's Mean Deviation of 1.81, downside deviation of 3.3, and Risk Adjusted Performance of 0.1099 to check out if the risk estimate we provide is consistent with the expected return of 0.0996%.
  
Namyang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.038

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Estimated Market Risk

 2.62
  actual daily
23
77% of assets are more volatile

Expected Return

 0.1
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
2
98% of assets perform better
Based on monthly moving average Namyang Dairy is performing at about 2% 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 Namyang Dairy by adding it to a well-diversified portfolio.

Namyang Dairy Valuation on September 3, 2024

It is possible to determine the worth of Namyang Dairy on a given historical date. On September 3, 2024 Namyang was worth 48167.52 at the beginning of the trading date compared to the closed value of 48117.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Namyang Dairy stock. Still, in general, we apply an absolute valuation method to find Namyang Dairy'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 Namyang Dairy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Namyang Dairy's related companies.
 Open High Low Close Volume
  48,717    48,717    47,768    47,868    5,830  
09/03/2024
  48,168    48,717    47,668    48,118    9,250  
  47,668    48,068    47,319    47,319    10,770  
Backtest Namyang Dairy  |  Namyang Dairy History  PreviousNext  
Open Value
48167.52
48,160
Downside
48117.61
Closing Value
48,175
Upside

Namyang Dairy Trading Date Momentum on September 3, 2024

On September 04 2024 Namyang Dairy Products was traded for  47,319  at the closing time. The highest price during the trading period was 48,068  and the lowest recorded bid was listed for  47,319 . The volume for the day was 10.8 K. This history from September 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.66% . The trading delta at closing time to the current price is 7.68% .

Price Boundaries

Namyang Dairy Period Price Range

Low
January 2, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Namyang Dairy Products 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.

Namyang Dairy January 2, 2025 Market Strength

Market strength indicators help investors to evaluate how Namyang Dairy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Namyang Dairy shares will generate the highest return on investment. By undertsting and applying Namyang Dairy stock market strength indicators, traders can identify Namyang Dairy Products entry and exit signals to maximize returns

Namyang Dairy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Namyang Dairy's price direction in advance. Along with the technical and fundamental analysis of Namyang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Namyang 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 Namyang Stock analysis

When running Namyang Dairy's price analysis, check to measure Namyang Dairy'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 Namyang Dairy is operating at the current time. Most of Namyang Dairy's value examination focuses on studying past and present price action to predict the probability of Namyang Dairy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Namyang Dairy's price. Additionally, you may evaluate how the addition of Namyang Dairy to your portfolios can decrease your overall portfolio volatility.
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