Doosan Heavy (Korea) Price on December 18, 2024
034020 Stock | 17,570 280.00 1.57% |
If you're considering investing in Doosan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Doosan Heavy stands at 17,570, as last reported on the 20th of December, with the highest price reaching 18,550 and the lowest price hitting 17,570 during the day. Doosan Heavy Ind secures Sharpe Ratio (or Efficiency) of -0.002, which denotes the company had a -0.002% return per unit of risk over the last 3 months. Doosan Heavy Ind exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doosan Heavy's Downside Deviation of 3.18, coefficient of variation of 1793.23, and Mean Deviation of 2.51 to check the risk estimate we provide.
Doosan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Doosan |
Sharpe Ratio = -0.002
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Negative Returns | 034020 |
Estimated Market Risk
3.2 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Doosan Heavy 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 Doosan Heavy by adding Doosan Heavy to a well-diversified portfolio.
Doosan Heavy Valuation on December 18, 2024
It is possible to determine the worth of Doosan Heavy on a given historical date. On December 18, 2024 Doosan was worth 17590.0 at the beginning of the trading date compared to the closed value of 18060.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Doosan Heavy stock. Still, in general, we apply an absolute valuation method to find Doosan Heavy'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 Doosan Heavy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Doosan Heavy's related companies.
Open | High | Low | Close | Volume | |
17,840 | 17,850 | 17,420 | 17,490 | 4,048,557 | |
12/18/2024 | 17,590 | 18,270 | 17,490 | 18,060 | 5,135,214 |
17,700 | 18,060 | 17,470 | 17,850 | 4,485,473 |
Backtest Doosan Heavy | | | Doosan Heavy History | | | Doosan Heavy Valuation | Previous | Next |
Doosan Heavy Trading Date Momentum on December 18, 2024
On December 19 2024 Doosan Heavy Ind was traded for 17,850 at the closing time. The highest price during the trading period was 18,060 and the lowest recorded bid was listed for 17,470 . The volume for the day was 4.5 M. This history from December 19, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.16% . The overall trading delta to the current price is 2.60% . |
Doosan Heavy Ind Fundamentals Correlations and Trends
By evaluating Doosan Heavy'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 Doosan Heavy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Doosan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Doosan Heavy Stock history
Doosan Heavy 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 Doosan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Doosan Heavy Ind 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 Doosan Heavy stock prices may prove useful in developing a viable investing in Doosan Heavy
Doosan Heavy Stock Technical Analysis
Doosan Heavy 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
Doosan Heavy Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Doosan Heavy Ind 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.
Doosan Heavy December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Doosan Heavy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Doosan Heavy shares will generate the highest return on investment. By undertsting and applying Doosan Heavy stock market strength indicators, traders can identify Doosan Heavy Ind entry and exit signals to maximize returns
Doosan Heavy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Doosan Heavy's price direction in advance. Along with the technical and fundamental analysis of Doosan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Doosan 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 | 0.0518 | |||
Jensen Alpha | 0.1572 | |||
Total Risk Alpha | 0.0825 | |||
Sortino Ratio | 0.0483 | |||
Treynor Ratio | 0.2094 |
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Complementary Tools for Doosan Stock analysis
When running Doosan Heavy's price analysis, check to measure Doosan Heavy'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 Doosan Heavy is operating at the current time. Most of Doosan Heavy's value examination focuses on studying past and present price action to predict the probability of Doosan Heavy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doosan Heavy's price. Additionally, you may evaluate how the addition of Doosan Heavy to your portfolios can decrease your overall portfolio volatility.
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