Korea Environment (Korea) Price on July 3, 2024
| 029960 Stock | KRW 9,000 10.00 0.11% |
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 Environment stands at 9,000, as last reported on the 2nd of January, with the highest price reaching 9,010 and the lowest price hitting 9,000 during the day. Korea Environment appears to be very steady, given 3 months investment horizon. Korea Environment has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23% return per unit of risk over the last 3 months. By analyzing Korea Environment's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise Korea Environment's Risk Adjusted Performance of 0.1389, mean deviation of 1.16, and Downside Deviation of 1.65 to check out if our risk estimates are consistent with your expectations.
Korea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Korea |
Sharpe Ratio = 0.2265
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Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Korea Environment is performing at about 17% 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 Korea Environment by adding it to a well-diversified portfolio.
Korea Environment Valuation on July 3, 2024
It is possible to determine the worth of Korea Environment on a given historical date. On July 3, 2024 Korea was worth 6736.51 at the beginning of the trading date compared to the closed value of 6575.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Korea Environment stock. Still, in general, we apply an absolute valuation method to find Korea Environment'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 Environment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Korea Environment's related companies.
| Open | High | Low | Close | Volume | |
| 6,699 | 6,755 | 6,689 | 6,727 | 80,288 | |
07/03/2024 | 6,737 | 6,737 | 6,566 | 6,576 | 100,247 |
| 6,585 | 6,604 | 6,529 | 6,576 | 31,216 |
| Backtest Korea Environment | | | Korea Environment History | | | Korea Environment Valuation | Previous | Next |
Korea Environment Trading Date Momentum on July 3, 2024
| On July 04 2024 Korea Environment Technology was traded for 6,576 at the closing time. The highest price during the trading period was 6,604 and the lowest recorded bid was listed for 6,529 . The volume for the day was 31.2 K. This history from July 4, 2024 did not cause price change. The trading delta at closing time to the current price is 0.86% . |
Korea Environment Fundamentals Correlations and Trends
By evaluating Korea Environment'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 Environment'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 Environment Stock history
Korea Environment 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 Environment 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 Environment stock prices may prove useful in developing a viable investing in Korea Environment
Korea Environment Stock Technical Analysis
Korea Environment 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 Environment Period Price Range
Low | January 2, 2025
| High |
0.00 | 0.00 |
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Korea Environment January 2, 2025 Market Strength
Market strength indicators help investors to evaluate how Korea Environment 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 Environment shares will generate the highest return on investment. By undertsting and applying Korea Environment stock market strength indicators, traders can identify Korea Environment Technology entry and exit signals to maximize returns
Korea Environment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Korea Environment'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 | 0.1389 | |||
| Jensen Alpha | 0.3786 | |||
| Total Risk Alpha | 0.3764 | |||
| Sortino Ratio | 0.2288 | |||
| Treynor Ratio | 1.2 |
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Complementary Tools for Korea Stock analysis
When running Korea Environment's price analysis, check to measure Korea Environment'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 Environment is operating at the current time. Most of Korea Environment's value examination focuses on studying past and present price action to predict the probability of Korea Environment'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 Environment's price. Additionally, you may evaluate how the addition of Korea Environment to your portfolios can decrease your overall portfolio volatility.
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