Wonbang Tech (Korea) Price on October 18, 2024
053080 Stock | 13,160 650.00 4.71% |
If you're considering investing in Wonbang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wonbang Tech stands at 13,160, as last reported on the 1st of March, with the highest price reaching 13,550 and the lowest price hitting 13,160 during the day. At this point, Wonbang Tech is very steady. Wonbang Tech shows Sharpe Ratio of 0.0309, which attests that the company had a 0.0309 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Wonbang Tech, which you can use to evaluate the volatility of the company. Please check out Wonbang Tech's Standard Deviation of 2.85, mean deviation of 2.22, and Market Risk Adjusted Performance of 0.9357 to validate if the risk estimate we provide is consistent with the expected return of 0.0906%.
Wonbang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wonbang |
Sharpe Ratio = 0.0309
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Cash | Small Risk | 053080 | High Risk | Huge Risk |
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Estimated Market Risk
2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Wonbang Tech is performing at about 2% 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 Wonbang Tech by adding it to a well-diversified portfolio.
Wonbang Tech Valuation on October 18, 2024
It is possible to determine the worth of Wonbang Tech on a given historical date. On October 18, 2024 Wonbang was worth 16250.0 at the beginning of the trading date compared to the closed value of 15960.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wonbang Tech stock. Still, in general, we apply an absolute valuation method to find Wonbang Tech'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 Wonbang Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wonbang Tech's related companies.
Open | High | Low | Close | Volume | |
16,430 | 16,620 | 16,050 | 16,350 | 123,358 | |
10/18/2024 | 16,250 | 16,350 | 15,780 | 15,960 | 125,997 |
15,710 | 16,130 | 15,600 | 15,950 | 114,653 |
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Wonbang Tech Trading Date Momentum on October 18, 2024
On October 21 2024 Wonbang Tech Co was traded for 15,950 at the closing time. The highest price during the trading period was 16,130 and the lowest recorded bid was listed for 15,600 . The volume for the day was 114.7 K. This history from October 21, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.06% . The trading price change to the current price is 4.45% . |
About Wonbang Tech Stock history
Wonbang Tech 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 Wonbang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wonbang Tech 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 Wonbang Tech stock prices may prove useful in developing a viable investing in Wonbang Tech
Wonbang Tech Stock Technical Analysis
Wonbang Tech 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
Wonbang Tech Period Price Range
Low | March 1, 2025
| High |
0.00 | 0.00 |
Wonbang Tech Co 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.
Wonbang Tech March 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Wonbang Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wonbang Tech shares will generate the highest return on investment. By undertsting and applying Wonbang Tech stock market strength indicators, traders can identify Wonbang Tech Co entry and exit signals to maximize returns
Wonbang Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wonbang Tech's price direction in advance. Along with the technical and fundamental analysis of Wonbang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wonbang 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) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | 0.0312 | |||
Treynor Ratio | 0.9257 |
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Complementary Tools for Wonbang Stock analysis
When running Wonbang Tech's price analysis, check to measure Wonbang Tech'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 Wonbang Tech is operating at the current time. Most of Wonbang Tech's value examination focuses on studying past and present price action to predict the probability of Wonbang Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wonbang Tech's price. Additionally, you may evaluate how the addition of Wonbang Tech to your portfolios can decrease your overall portfolio volatility.
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