Moonbae Steel (Korea) Price on December 16, 2024
| 008420 Stock | 2,510 15.00 0.59% |
If you're considering investing in Moonbae Stock, it is important to understand the factors that can impact its price. As of today, the current price of Moonbae Steel stands at 2,510, as last reported on the 24th of March, with the highest price reaching 2,555 and the lowest price hitting 2,510 during the day. Moonbae Steel appears to be very steady, given 3 months investment horizon. Moonbae Steel has Sharpe Ratio of 0.0835, which conveys that the firm had a 0.0835 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Moonbae Steel, which you can use to evaluate the volatility of the firm. Please exercise Moonbae Steel's Downside Deviation of 1.95, mean deviation of 1.57, and Risk Adjusted Performance of 0.0915 to check out if our risk estimates are consistent with your expectations.
Moonbae Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Moonbae |
Sharpe Ratio = 0.0835
| Best Portfolio | Best Equity | |||
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Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Moonbae Steel is performing at about 6% 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 Moonbae Steel by adding it to a well-diversified portfolio.
Moonbae Steel Valuation on December 16, 2024
It is possible to determine the worth of Moonbae Steel on a given historical date. On December 16, 2024 Moonbae was worth 2290.0 at the beginning of the trading date compared to the closed value of 2304.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Moonbae Steel stock. Still, in general, we apply an absolute valuation method to find Moonbae 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 Moonbae Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Moonbae Steel's related companies.
| Open | High | Low | Close | Volume | |
| 2,295 | 2,300 | 2,261 | 2,275 | 31,654 | |
12/16/2024 | 2,290 | 2,329 | 2,275 | 2,305 | 28,960 |
| 2,324 | 2,324 | 2,270 | 2,290 | 3,886 |
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Moonbae Steel Trading Date Momentum on December 16, 2024
| On December 17 2024 Moonbae Steel was traded for 2,290 at the closing time. The highest price during the trading period was 2,324 and the lowest recorded bid was listed for 2,270 . The volume for the day was 3.9 K. This history from December 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.64% . The trading delta at closing time to the current price is 2.34% . |
Moonbae Steel Fundamentals Correlations and Trends
By evaluating Moonbae 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 Moonbae Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Moonbae financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Moonbae Steel Stock history
Moonbae 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 Moonbae is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Moonbae 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 Moonbae Steel stock prices may prove useful in developing a viable investing in Moonbae Steel
Moonbae Steel Stock Technical Analysis
Moonbae 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
Moonbae Steel Period Price Range
Low | March 24, 2025
| High |
0.00 | 0.00 |
Moonbae Steel 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.
Moonbae Steel March 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Moonbae 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 Moonbae Steel shares will generate the highest return on investment. By undertsting and applying Moonbae Steel stock market strength indicators, traders can identify Moonbae Steel entry and exit signals to maximize returns
Moonbae Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Moonbae Steel's price direction in advance. Along with the technical and fundamental analysis of Moonbae Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Moonbae 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 | 0.0915 | |||
| Jensen Alpha | 0.267 | |||
| Total Risk Alpha | 0.4468 | |||
| Sortino Ratio | 0.1604 | |||
| Treynor Ratio | 0.7369 |
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| Volume Indicators |
Complementary Tools for Moonbae Stock analysis
When running Moonbae Steel's price analysis, check to measure Moonbae 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 Moonbae Steel is operating at the current time. Most of Moonbae Steel's value examination focuses on studying past and present price action to predict the probability of Moonbae 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 Moonbae Steel's price. Additionally, you may evaluate how the addition of Moonbae Steel to your portfolios can decrease your overall portfolio volatility.
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