Mirae Asset (Korea) Price on September 20, 2024
| 006805 Stock | 4,480 40.00 0.88% |
If you're considering investing in Mirae Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mirae Asset stands at 4,480, as last reported on the 1st of December, with the highest price reaching 4,660 and the lowest price hitting 4,475 during the day. At this point, Mirae Asset is very steady. Mirae Asset Daewoo has Sharpe Ratio of 0.0425, which conveys that the firm had a 0.0425% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mirae Asset, which you can use to evaluate the volatility of the firm. Please verify Mirae Asset's Mean Deviation of 1.3, downside deviation of 2.17, and Risk Adjusted Performance of 0.0412 to check out if the risk estimate we provide is consistent with the expected return of 0.18%.
Mirae Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mirae |
Sharpe Ratio = 0.0425
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 006805 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.18 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Mirae Asset is performing at about 3% 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 Mirae Asset by adding it to a well-diversified portfolio.
Mirae Asset Valuation on September 20, 2024
It is possible to determine the worth of Mirae Asset on a given historical date. On September 20, 2024 Mirae was worth 4280.0 at the beginning of the trading date compared to the closed value of 4250.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mirae Asset stock. Still, in general, we apply an absolute valuation method to find Mirae Asset'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 Mirae Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mirae Asset's related companies.
| Open | High | Low | Close | Volume | |
| 4,245 | 4,300 | 4,240 | 4,275 | 19,958 | |
09/20/2024 | 4,280 | 4,300 | 4,250 | 4,250 | 8,506 |
| 4,245 | 4,260 | 4,240 | 4,250 | 12,622 |
| Backtest Mirae Asset | | | Mirae Asset History | Previous | Next |
Mirae Asset Trading Date Momentum on September 20, 2024
| On September 23 2024 Mirae Asset Daewoo was traded for 4,250 at the closing time. The highest price during the trading period was 4,260 and the lowest recorded bid was listed for 4,240 . The volume for the day was 12.6 K. This history from September 23, 2024 did not cause price change. The trading delta at closing time to the current price is 1.41% . |
Price Boundaries
Mirae Asset Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Mirae Asset Daewoo 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.
Mirae Asset December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Mirae Asset stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mirae Asset shares will generate the highest return on investment. By undertsting and applying Mirae Asset stock market strength indicators, traders can identify Mirae Asset Daewoo entry and exit signals to maximize returns
Mirae Asset Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mirae Asset's price direction in advance. Along with the technical and fundamental analysis of Mirae Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mirae 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 | 0.0412 | |||
| Jensen Alpha | 0.1313 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | 0.0162 | |||
| Treynor Ratio | 0.6604 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Mirae Stock analysis
When running Mirae Asset's price analysis, check to measure Mirae Asset'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 Mirae Asset is operating at the current time. Most of Mirae Asset's value examination focuses on studying past and present price action to predict the probability of Mirae Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirae Asset's price. Additionally, you may evaluate how the addition of Mirae Asset to your portfolios can decrease your overall portfolio volatility.
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