Tae Kyung (Korea) Price on March 31, 2023
| 006890 Stock | 11,600 400.00 3.57% |
If you're considering investing in Tae Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tae Kyung stands at 11,600, as last reported on the 18th of December 2024, with the highest price reaching 11,680 and the lowest price hitting 10,920 during the day. At this point, Tae Kyung is very steady. Tae Kyung Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.067, which indicates the firm had a 0.067% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tae Kyung Chemical, which you can use to evaluate the volatility of the company. Please validate Tae Kyung's Coefficient Of Variation of 1658.5, risk adjusted performance of 0.0499, and Semi Deviation of 1.33 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Tae Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tae |
Sharpe Ratio = 0.067
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| Cash | Small Risk | 006890 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Tae Kyung is performing at about 5% 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 Tae Kyung by adding it to a well-diversified portfolio.
Tae Kyung Valuation on March 31, 2023
It is possible to determine the worth of Tae Kyung on a given historical date. On March 31, 2023 Tae was worth 13990.87 at the beginning of the trading date compared to the closed value of 14010.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tae Kyung stock. Still, in general, we apply an absolute valuation method to find Tae Kyung'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 Tae Kyung where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tae Kyung's related companies.
| Open | High | Low | Close | Volume | |
| 14,001 | 14,030 | 13,873 | 13,873 | 32,885 | |
03/31/2023 | 13,991 | 14,178 | 13,873 | 14,011 | 52,159 |
| 14,139 | 14,286 | 13,981 | 14,257 | 67,288 |
| Backtest Tae Kyung | | | Tae Kyung History | | | Tae Kyung Valuation | Previous | Next |
Tae Kyung Trading Date Momentum on March 31, 2023
| On April 03 2023 Tae Kyung Chemical was traded for 14,257 at the closing time. The highest price during the trading period was 14,286 and the lowest recorded bid was listed for 13,981 . The volume for the day was 67.3 K. This history from April 3, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 1.76% . The trading price change to the current price is 0.28% . |
About Tae Kyung Stock history
Tae Kyung 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 Tae is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tae Kyung Chemical 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 Tae Kyung stock prices may prove useful in developing a viable investing in Tae Kyung
Tae Kyung Stock Technical Analysis
Tae Kyung 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.
Price Boundaries
Tae Kyung Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Tae Kyung Chemical 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.
Tae Kyung December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Tae Kyung stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tae Kyung shares will generate the highest return on investment. By undertsting and applying Tae Kyung stock market strength indicators, traders can identify Tae Kyung Chemical entry and exit signals to maximize returns
Tae Kyung Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tae Kyung's price direction in advance. Along with the technical and fundamental analysis of Tae Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tae 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 | 0.0499 | |||
| Jensen Alpha | 0.0923 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0321 | |||
| Treynor Ratio | 0.486 |
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Complementary Tools for Tae Stock analysis
When running Tae Kyung's price analysis, check to measure Tae Kyung'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 Tae Kyung is operating at the current time. Most of Tae Kyung's value examination focuses on studying past and present price action to predict the probability of Tae Kyung's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tae Kyung's price. Additionally, you may evaluate how the addition of Tae Kyung to your portfolios can decrease your overall portfolio volatility.
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