Elentec Co (Korea) Price on April 4, 2024

054210 Stock  KRW 5,070  90.00  1.74%   
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 Co stands at 5,070, as last reported on the 22nd of December, with the highest price reaching 5,120 and the lowest price hitting 4,980 during the day. Elentec Co secures Sharpe Ratio (or Efficiency) of -0.0683, which denotes the company had a -0.0683% return per unit of risk over the last 3 months. Elentec Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elentec Co's Variance of 8.4, standard deviation of 2.9, and Mean Deviation of 1.99 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 = -0.0683

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns054210

Estimated Market Risk

 2.97
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.2
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Elentec Co 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 Co by adding Elentec Co to a well-diversified portfolio.

Elentec Co Valuation on April 4, 2024

It is possible to determine the worth of Elentec Co on a given historical date. On April 4, 2024 Elentec was worth 8290.0 at the beginning of the trading date compared to the closed value of 8310.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elentec Co stock. Still, in general, we apply an absolute valuation method to find Elentec Co'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 Co where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elentec Co's related companies.
 Open High Low Close Volume
  8,550    8,550    8,220    8,320    78,059  
04/04/2024
  8,290    8,350    8,250    8,310    61,237  
  8,320    8,320    8,210    8,240    38,954  
Backtest Elentec Co  |  Elentec Co History  |  Elentec Co Valuation   PreviousNext  
Open Value
8290.0
8310.0
Closing Value
8,299
Upside

Elentec Co Trading Date Momentum on April 4, 2024

On April 05 2024 Elentec Co was traded for  8,240  at the closing time. The highest price during the trading period was 8,320  and the lowest recorded bid was listed for  8,210 . The volume for the day was 39 K. This history from April 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.84% . The overall trading delta to the current price is 4.81% .

Elentec Co Fundamentals Correlations and Trends

By evaluating Elentec Co'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 Co'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 Co Stock history

Elentec Co 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 Co 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 Co stock prices may prove useful in developing a viable investing in Elentec Co
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 Co Stock Technical Analysis

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

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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 Co December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Elentec Co 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 Co shares will generate the highest return on investment. By undertsting and applying Elentec Co stock market strength indicators, traders can identify Elentec Co entry and exit signals to maximize returns

Elentec Co Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Elentec Co'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 Co's price analysis, check to measure Elentec Co'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 Co is operating at the current time. Most of Elentec Co's value examination focuses on studying past and present price action to predict the probability of Elentec Co'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 Co's price. Additionally, you may evaluate how the addition of Elentec Co to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges