Oriental Precision (Korea) Price on November 25, 2024
| 014940 Stock | KRW 5,340 60.00 1.11% |
If you're considering investing in Oriental Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oriental Precision stands at 5,340, as last reported on the 30th of December, with the highest price reaching 5,850 and the lowest price hitting 5,340 during the day. Oriental Precision appears to be very steady, given 3 months investment horizon. Oriental Precision maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Oriental Precision's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please evaluate Oriental Precision's Semi Deviation of 2.5, coefficient of variation of 860.89, and Risk Adjusted Performance of 0.1006 to confirm if our risk estimates are consistent with your expectations.
Oriental Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Oriental |
Sharpe Ratio = 0.1632
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Estimated Market Risk
| 4.02 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Oriental Precision is performing at about 12% 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 Oriental Precision by adding it to a well-diversified portfolio.
Oriental Precision Valuation on November 25, 2024
It is possible to determine the worth of Oriental Precision on a given historical date. On November 25, 2024 Oriental was worth 4934.31 at the beginning of the trading date compared to the closed value of 5330.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oriental Precision stock. Still, in general, we apply an absolute valuation method to find Oriental Precision'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 Oriental Precision where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oriental Precision's related companies.
| Open | High | Low | Close | Volume | |
| 4,687 | 4,954 | 4,632 | 4,939 | 2,459,629 | |
11/25/2024 | 4,934 | 5,638 | 4,924 | 5,331 | 8,882,658 |
| 5,331 | 5,360 | 5,053 | 5,123 | 2,769,440 |
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Oriental Precision Trading Date Momentum on November 25, 2024
| On November 26 2024 Oriental Precision Engineering was traded for 5,123 at the closing time. The highest price during the trading period was 5,360 and the lowest recorded bid was listed for 5,053 . The volume for the day was 2.8 M. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.90% . The trading delta at closing time to the current price is 10.97% . |
Oriental Precision Fundamentals Correlations and Trends
By evaluating Oriental Precision'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 Oriental Precision's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oriental financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oriental Precision Stock history
Oriental Precision 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 Oriental is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oriental Precision 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 Oriental Precision stock prices may prove useful in developing a viable investing in Oriental Precision
,Ltd. produces and sells ship and marine components and machineries in South Korea and internationally. The company was founded in 1980 and is based in Busan, South Korea. OPCO is traded on Korean Securities Dealers Automated Quotations in South Korea.
Oriental Precision Stock Technical Analysis
Oriental Precision 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
Oriental Precision Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Oriental Precision Engineering 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.
Oriental Precision December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Oriental Precision stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oriental Precision shares will generate the highest return on investment. By undertsting and applying Oriental Precision stock market strength indicators, traders can identify Oriental Precision Engineering entry and exit signals to maximize returns
Oriental Precision Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oriental Precision's price direction in advance. Along with the technical and fundamental analysis of Oriental Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oriental 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 | 0.1006 | |||
| Jensen Alpha | 0.4468 | |||
| Total Risk Alpha | 0.3406 | |||
| Sortino Ratio | 0.1447 | |||
| Treynor Ratio | 2.32 |
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Complementary Tools for Oriental Stock analysis
When running Oriental Precision's price analysis, check to measure Oriental Precision'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 Oriental Precision is operating at the current time. Most of Oriental Precision's value examination focuses on studying past and present price action to predict the probability of Oriental Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oriental Precision's price. Additionally, you may evaluate how the addition of Oriental Precision to your portfolios can decrease your overall portfolio volatility.
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