Elentec (Korea) Price on March 30, 2023

054210 Stock  KRW 5,200  10.00  0.19%   
If you're considering investing in Elentec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elentec stands at 5,200, as last reported on the 10th of January, with the highest price reaching 5,230 and the lowest price hitting 5,090 during the day. Elentec secures Sharpe Ratio (or Efficiency) of -0.0596, which denotes the company had a -0.0596% return per unit of risk over the last 3 months. Elentec Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elentec's Mean Deviation of 1.98, variance of 8.32, and Standard Deviation of 2.88 to check the risk estimate we provide.
  
Elentec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0596

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Estimated Market Risk

 2.97
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Elentec 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 Elentec by adding Elentec to a well-diversified portfolio.

Elentec Valuation on March 30, 2023

It is possible to determine the worth of Elentec on a given historical date. On March 30, 2023 Elentec was worth 14945.98 at the beginning of the trading date compared to the closed value of 14030.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elentec stock. Still, in general, we apply an absolute valuation method to find Elentec'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 Elentec where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elentec's related companies.
 Open High Low Close Volume
  14,582    14,848    14,345    14,808    418,553  
03/30/2023
  14,946    14,946    13,991    14,030    883,550  
  14,099    14,109    13,144    13,193    810,924  
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Open Value
14945.98
14,937
Downside
14030.32
Closing Value
14,955
Upside

Elentec Trading Date Momentum on March 30, 2023

On March 31 2023 Elentec Co was traded for  13,193  at the closing time. The highest price during the trading period was 14,109  and the lowest recorded bid was listed for  13,144 . The volume for the day was 810.9 K. This history from March 31, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 5.96% . The overall trading delta to the current price is 5.33% .

Elentec Fundamentals Correlations and Trends

By evaluating Elentec'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 Elentec's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elentec financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Elentec Stock history

Elentec 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 Elentec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elentec 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 Elentec stock prices may prove useful in developing a viable investing in Elentec
Elentec Co., Ltd. manufactures and sells electronic and communication products in South Korea and internationally. Elentec Co., Ltd. was founded in 1977 and is headquartered in Hwaseong, South Korea. Elentec is traded on Korean Securities Dealers Automated Quotations in South Korea.

Elentec Stock Technical Analysis

Elentec 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 Elentec technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Elentec 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

Elentec Period Price Range

Low
January 10, 2025
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Elentec 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.

Elentec January 10, 2025 Market Strength

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

Elentec Technical and Predictive Indicators

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

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