Korea Line (Korea) Price on November 20, 2024

005880 Stock   1,770  22.00  1.26%   
If you're considering investing in Korea Stock, it is important to understand the factors that can impact its price. As of today, the current price of Korea Line stands at 1,770, as last reported on the 18th of January 2025, with the highest price reaching 1,815 and the lowest price hitting 1,756 during the day. Korea Line has Sharpe Ratio of -0.0236, which conveys that the firm had a -0.0236% return per unit of risk over the last 3 months. Korea Line exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Korea Line's Mean Deviation of 1.35, standard deviation of 1.91, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
  
Korea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0236

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Estimated Market Risk

 1.94
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Korea Line 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 Korea Line by adding Korea Line to a well-diversified portfolio.

Korea Line Valuation on November 20, 2024

It is possible to determine the worth of Korea Line on a given historical date. On November 20, 2024 Korea was worth 1789.0 at the beginning of the trading date compared to the closed value of 1781.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Korea Line stock. Still, in general, we apply an absolute valuation method to find Korea Line'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 Korea Line where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Korea Line's related companies.
 Open High Low Close Volume
  1,772    1,799    1,770    1,788    1,215,077  
11/20/2024
  1,789    1,793    1,775    1,781    535,305  
  1,791    1,792    1,765    1,772    784,550  
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Open Value
1789.0
1781.0
Closing Value
1,795
Upside

Korea Line Trading Date Momentum on November 20, 2024

On November 21 2024 Korea Line was traded for  1,772  at the closing time. The highest price during the trading period was 1,792  and the lowest recorded bid was listed for  1,765 . The volume for the day was 784.5 K. This history from November 21, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.51% . The trading delta at closing time to the current price is 0.11% .

Korea Line Fundamentals Correlations and Trends

By evaluating Korea Line'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 Korea Line's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Korea financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Korea Line Stock history

Korea Line 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 Korea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Korea Line 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 Korea Line stock prices may prove useful in developing a viable investing in Korea Line

Korea Line Stock Technical Analysis

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

Korea Line Period Price Range

Low
January 18, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Korea Line 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.

Korea Line January 18, 2025 Market Strength

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

Korea Line Technical and Predictive Indicators

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

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