Phoenix Materials (Korea) Price on October 16, 2024
050090 Stock | KRW 695.00 9.00 1.31% |
If you're considering investing in Phoenix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Phoenix Materials stands at 695.00, as last reported on the 2nd of December, with the highest price reaching 767.00 and the lowest price hitting 695.00 during the day. Phoenix Materials maintains Sharpe Ratio (i.e., Efficiency) of -0.0973, which implies the firm had a -0.0973% return per unit of risk over the last 3 months. Phoenix Materials exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Phoenix Materials' Risk Adjusted Performance of (0.09), coefficient of variation of (775.53), and Variance of 7.61 to confirm the risk estimate we provide.
Phoenix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Phoenix |
Sharpe Ratio = -0.0973
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 050090 |
Estimated Market Risk
2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Phoenix Materials 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 Phoenix Materials by adding Phoenix Materials to a well-diversified portfolio.
Phoenix Materials Valuation on October 16, 2024
It is possible to determine the worth of Phoenix Materials on a given historical date. On October 16, 2024 Phoenix was worth 846.0 at the beginning of the trading date compared to the closed value of 821.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Phoenix Materials stock. Still, in general, we apply an absolute valuation method to find Phoenix Materials' 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 Phoenix Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Phoenix Materials' related companies.
Open | High | Low | Close | Volume | |
839.00 | 850.00 | 831.00 | 848.00 | 17,269 | |
10/16/2024 | 846.00 | 846.00 | 819.00 | 821.00 | 26,710 |
816.00 | 820.00 | 795.00 | 800.00 | 32,306 |
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Phoenix Materials Trading Date Momentum on October 16, 2024
On October 17 2024 Phoenix Materials Co was traded for 800.00 at the closing time. The highest price during the trading period was 820.00 and the lowest recorded bid was listed for 795.00 . The volume for the day was 32.3 K. This history from October 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.56% . The trading delta at closing time to the current price is 4.14% . |
Phoenix Materials Fundamentals Correlations and Trends
By evaluating Phoenix Materials' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Phoenix Materials' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Phoenix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Phoenix Materials Stock history
Phoenix Materials 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 Phoenix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Phoenix Materials 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 Phoenix Materials stock prices may prove useful in developing a viable investing in Phoenix Materials
Phoenix Materials Co., Ltd. is engaged in the manufacture and sale of materials and components for display, energy, LED lighting, and semiconductor applications in South Korea, Southeast Asia, China, Japan, and North America.
Phoenix Materials Stock Technical Analysis
Phoenix Materials 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
Phoenix Materials Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Phoenix Materials 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.
Phoenix Materials December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Phoenix Materials stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Phoenix Materials shares will generate the highest return on investment. By undertsting and applying Phoenix Materials stock market strength indicators, traders can identify Phoenix Materials Co entry and exit signals to maximize returns
Phoenix Materials Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Phoenix Materials' price direction in advance. Along with the technical and fundamental analysis of Phoenix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Phoenix 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 | (0.09) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.83) | |||
Treynor Ratio | 0.7769 |
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Price Transform | ||
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Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Phoenix Stock analysis
When running Phoenix Materials' price analysis, check to measure Phoenix Materials' 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 Phoenix Materials is operating at the current time. Most of Phoenix Materials' value examination focuses on studying past and present price action to predict the probability of Phoenix Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phoenix Materials' price. Additionally, you may evaluate how the addition of Phoenix Materials to your portfolios can decrease your overall portfolio volatility.
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