ABCO Electronics (Korea) Price on February 16, 2023

036010 Stock  KRW 4,530  120.00  2.72%   
If you're considering investing in ABCO Stock, it is important to understand the factors that can impact its price. As of today, the current price of ABCO Electronics stands at 4,530, as last reported on the 3rd of December, with the highest price reaching 4,570 and the lowest price hitting 4,350 during the day. ABCO Electronics retains Efficiency (Sharpe Ratio) of -0.0804, which signifies that the company had a -0.0804% return per unit of risk over the last 3 months. ABCO Electronics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ABCO Electronics' variance of 9.95, and Market Risk Adjusted Performance of 24.36 to double-check the risk estimate we provide.
  
ABCO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0804

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Estimated Market Risk

 3.06
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.25
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average ABCO Electronics 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 ABCO Electronics by adding ABCO Electronics to a well-diversified portfolio.

ABCO Electronics Valuation on February 16, 2023

It is possible to determine the worth of ABCO Electronics on a given historical date. On February 16, 2023 ABCO was worth 11146.37 at the beginning of the trading date compared to the closed value of 11415.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABCO Electronics stock. Still, in general, we apply an absolute valuation method to find ABCO Electronics' 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 ABCO Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABCO Electronics' related companies.
 Open High Low Close Volume
  11,375    11,375    10,977    11,027    251,076  
02/16/2023
  11,146    11,505    11,067    11,415    265,836  
  11,246    11,326    11,117    11,126    156,363  
Backtest ABCO Electronics  |  ABCO Electronics History  |  ABCO Electronics Valuation   PreviousNext  
Open Value
11146.37
11,137
Downside
11415.08
Closing Value
11,156
Upside

ABCO Electronics Trading Date Momentum on February 16, 2023

On February 17 2023 ABCO Electronics Co was traded for  11,126  at the closing time. The highest price during the trading period was 11,326  and the lowest recorded bid was listed for  11,117 . The volume for the day was 156.4 K. This history from February 17, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.53% . The overall trading delta to the current price is 6.63% .

ABCO Electronics Fundamentals Correlations and Trends

By evaluating ABCO Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ABCO Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ABCO financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ABCO Electronics Stock history

ABCO Electronics 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 ABCO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ABCO Electronics 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 ABCO Electronics stock prices may prove useful in developing a viable investing in ABCO Electronics
ABCO Electronics Co., Ltd. manufactures and sells passive electronic components in South Korea and internationally. ABCO Electronics Co., Ltd. was founded in 1973 and is headquartered in Seongnam, South Korea. ABEL is traded on Korean Securities Dealers Automated Quotations in South Korea.

ABCO Electronics Stock Technical Analysis

ABCO Electronics 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.
A focus of ABCO Electronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ABCO Electronics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ABCO Electronics Period Price Range

Low
December 3, 2024
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High

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ABCO Electronics 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.

ABCO Electronics December 3, 2024 Market Strength

Market strength indicators help investors to evaluate how ABCO Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ABCO Electronics shares will generate the highest return on investment. By undertsting and applying ABCO Electronics stock market strength indicators, traders can identify ABCO Electronics Co entry and exit signals to maximize returns

ABCO Electronics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ABCO Electronics' price direction in advance. Along with the technical and fundamental analysis of ABCO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABCO 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.

Complementary Tools for ABCO Stock analysis

When running ABCO Electronics' price analysis, check to measure ABCO Electronics' 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 ABCO Electronics is operating at the current time. Most of ABCO Electronics' value examination focuses on studying past and present price action to predict the probability of ABCO Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABCO Electronics' price. Additionally, you may evaluate how the addition of ABCO Electronics to your portfolios can decrease your overall portfolio volatility.
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