Korea New (Korea) Price on October 4, 2023
| 058400 Stock | 860.00 24.00 2.71% |
If you're considering investing in Korea Stock, it is important to understand the factors that can impact its price. As of today, the current price of Korea New stands at 860.00, as last reported on the 11th of December 2024, with the highest price reaching 893.00 and the lowest price hitting 831.00 during the day. Korea New appears to be very steady, given 3 months investment horizon. Korea New Network has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Korea New, which you can use to evaluate the volatility of the firm. Please exercise Korea New's Downside Deviation of 1.55, mean deviation of 1.4, and Risk Adjusted Performance of 0.0719 to check out if our risk estimates are consistent with your expectations.
Korea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Korea |
Sharpe Ratio = 0.1409
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Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Korea New is performing at about 11% 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 Korea New by adding it to a well-diversified portfolio.
Korea New Valuation on October 4, 2023
It is possible to determine the worth of Korea New on a given historical date. On October 4, 2023 Korea was worth 892.91 at the beginning of the trading date compared to the closed value of 885.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Korea New stock. Still, in general, we apply an absolute valuation method to find Korea New'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 Korea New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Korea New's related companies.
| Open | High | Low | Close | Volume | |
| 876.21 | 893.89 | 876.21 | 893.89 | 88,783 | |
10/04/2023 | 892.91 | 894.88 | 870.32 | 885.05 | 193,868 |
| 886.04 | 892.91 | 872.28 | 872.28 | 163,702 |
| Backtest Korea New | | | Korea New History | | | Korea New Valuation | Previous | Next |
Korea New Trading Date Momentum on October 4, 2023
| On October 05 2023 Korea New Network was traded for 872.28 at the closing time. The highest price during the trading period was 892.91 and the lowest recorded bid was listed for 872.28 . The volume for the day was 163.7 K. This history from October 5, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.44% . The trading delta at closing time to the current price is 2.55% . |
Korea New Network Fundamentals Correlations and Trends
By evaluating Korea New'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 Korea New's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Korea financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Korea New Stock history
Korea New 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 Korea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Korea New Network 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 Korea New stock prices may prove useful in developing a viable investing in Korea New
Korea New Stock Technical Analysis
Korea New 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
Korea New Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Korea New Network 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.
Korea New December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Korea New stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Korea New shares will generate the highest return on investment. By undertsting and applying Korea New stock market strength indicators, traders can identify Korea New Network entry and exit signals to maximize returns
Korea New Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Korea New's price direction in advance. Along with the technical and fundamental analysis of Korea Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Korea 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 | 0.0719 | |||
| Jensen Alpha | 0.2108 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0496 | |||
| Treynor Ratio | (1.13) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Korea Stock analysis
When running Korea New's price analysis, check to measure Korea New'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 Korea New is operating at the current time. Most of Korea New's value examination focuses on studying past and present price action to predict the probability of Korea New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korea New's price. Additionally, you may evaluate how the addition of Korea New to your portfolios can decrease your overall portfolio volatility.
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