Korea Steel (Korea) Price on November 6, 2024
007280 Stock | 1,316 89.00 7.25% |
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 Steel stands at 1,316, as last reported on the 11th of December 2024, with the highest price reaching 1,334 and the lowest price hitting 1,227 during the day. Korea Steel has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Korea Steel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Korea Steel's Standard Deviation of 2.09, risk adjusted performance of (0.06), and Mean Deviation of 1.44 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.
Korea |
Sharpe Ratio = -0.1163
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Estimated Market Risk
2.1 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Korea 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 Korea Steel by adding Korea Steel to a well-diversified portfolio.
Korea Steel Valuation on November 6, 2024
It is possible to determine the worth of Korea Steel on a given historical date. On November 6, 2024 Korea was worth 1532.0 at the beginning of the trading date compared to the closed value of 1522.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Korea Steel stock. Still, in general, we apply an absolute valuation method to find Korea 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 Korea Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Korea Steel's related companies.
Open | High | Low | Close | Volume | |
1,529 | 1,541 | 1,516 | 1,532 | 16,750 | |
11/06/2024 | 1,532 | 1,532 | 1,510 | 1,522 | 15,498 |
1,521 | 1,522 | 1,491 | 1,510 | 32,633 |
Backtest Korea Steel | | | Korea Steel History | | | Korea Steel Valuation | Previous | Next |
Korea Steel Trading Date Momentum on November 6, 2024
On November 07 2024 Korea Steel Co was traded for 1,510 at the closing time. The highest price during the trading period was 1,522 and the lowest recorded bid was listed for 1,491 . The volume for the day was 32.6 K. This history from November 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.79% . The trading delta at closing time to the current price is 7.36% . |
Korea Steel Fundamentals Correlations and Trends
By evaluating Korea Steel'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 Steel'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 Steel Stock history
Korea Steel 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 Steel 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 Steel stock prices may prove useful in developing a viable investing in Korea Steel
Korea Steel Stock Technical Analysis
Korea Steel 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
Korea Steel Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Korea Steel Co 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 Steel December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Korea 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 Korea Steel shares will generate the highest return on investment. By undertsting and applying Korea Steel stock market strength indicators, traders can identify Korea Steel Co entry and exit signals to maximize returns
Korea Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Korea Steel'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.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.53) | |||
Treynor Ratio | 1.86 |
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Volume Indicators |
Complementary Tools for Korea Stock analysis
When running Korea Steel's price analysis, check to measure Korea 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 Korea Steel is operating at the current time. Most of Korea Steel's value examination focuses on studying past and present price action to predict the probability of Korea 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 Korea Steel's price. Additionally, you may evaluate how the addition of Korea Steel to your portfolios can decrease your overall portfolio volatility.
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