Daewon Chemical (Korea) Price on December 6, 2024
| 024890 Stock | 1,003 9.00 0.91% |
If you're considering investing in Daewon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Daewon Chemical stands at 1,003, as last reported on the 24th of January, with the highest price reaching 1,018 and the lowest price hitting 990.00 during the day. At this point, Daewon Chemical is very steady. Daewon Chemical secures Sharpe Ratio (or Efficiency) of 0.012, which denotes the company had a 0.012 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Daewon Chemical Co, which you can use to evaluate the volatility of the firm. Please confirm Daewon Chemical's Mean Deviation of 2.28, downside deviation of 3.22, and Semi Deviation of 3.09 to check if the risk estimate we provide is consistent with the expected return of 0.0592%.
Daewon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Daewon |
Sharpe Ratio = 0.012
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| Cash | Small Risk | Average Risk | 024890 | Huge Risk |
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Estimated Market Risk
| 4.91 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Daewon Chemical 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 Daewon Chemical by adding Daewon Chemical to a well-diversified portfolio.
Daewon Chemical Valuation on December 6, 2024
It is possible to determine the worth of Daewon Chemical on a given historical date. On December 6, 2024 Daewon was worth 1071.0 at the beginning of the trading date compared to the closed value of 1029.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daewon Chemical stock. Still, in general, we apply an absolute valuation method to find Daewon Chemical'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 Daewon Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daewon Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 1,111 | 1,120 | 1,066 | 1,100 | 142,212 | |
12/06/2024 | 1,071 | 1,085 | 996.00 | 1,029 | 369,565 |
| 981.00 | 1,010 | 953.00 | 970.00 | 205,045 |
| Backtest Daewon Chemical | | | Daewon Chemical History | | | Daewon Chemical Valuation | Previous | Next |
Daewon Chemical Trading Date Momentum on December 6, 2024
| On December 09 2024 Daewon Chemical Co was traded for 970.00 at the closing time. The highest price during the trading period was 1,010 and the lowest recorded bid was listed for 953.00 . The volume for the day was 205 K. This history from December 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.73% . The overall trading delta to the current price is 1.46% . |
About Daewon Chemical Stock history
Daewon Chemical 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 Daewon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Daewon 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 Daewon Chemical stock prices may prove useful in developing a viable investing in Daewon Chemical
Daewon Chemical Stock Technical Analysis
Daewon Chemical 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
Daewon Chemical Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
Daewon Chemical Co 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.
Daewon Chemical January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Daewon Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daewon Chemical shares will generate the highest return on investment. By undertsting and applying Daewon Chemical stock market strength indicators, traders can identify Daewon Chemical Co entry and exit signals to maximize returns
Daewon Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Daewon Chemical's price direction in advance. Along with the technical and fundamental analysis of Daewon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Daewon 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 | 0.0185 | |||
| Jensen Alpha | 0.0389 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0012 | |||
| Treynor Ratio | 0.2178 |
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Complementary Tools for Daewon Stock analysis
When running Daewon Chemical's price analysis, check to measure Daewon Chemical'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 Daewon Chemical is operating at the current time. Most of Daewon Chemical's value examination focuses on studying past and present price action to predict the probability of Daewon Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daewon Chemical's price. Additionally, you may evaluate how the addition of Daewon Chemical to your portfolios can decrease your overall portfolio volatility.
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