Dong-A Steel (Korea) Price on June 5, 2024
| 058730 Stock | 2,875 275.00 10.58% |
If you're considering investing in Dong-A Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dong-A Steel stands at 2,875, as last reported on the 11th of December 2024, with the highest price reaching 2,890 and the lowest price hitting 2,635 during the day. Dong A Steel secures Sharpe Ratio (or Efficiency) of -0.0266, which denotes the company had a -0.0266% return per unit of risk over the last 3 months. Dong A Steel Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dong-A Steel's Mean Deviation of 2.61, variance of 12.62, and Standard Deviation of 3.55 to check the risk estimate we provide.
Dong-A Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dong-A |
Sharpe Ratio = -0.0266
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 058730 |
Estimated Market Risk
| 3.72 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dong-A Steel 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 Dong-A Steel by adding Dong-A Steel to a well-diversified portfolio.
Dong-A Steel Valuation on June 5, 2024
It is possible to determine the worth of Dong-A Steel on a given historical date. On June 5, 2024 Dong-A was worth 3380.0 at the beginning of the trading date compared to the closed value of 3395.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dong-A Steel stock. Still, in general, we apply an absolute valuation method to find Dong-A Steel'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 Dong-A Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dong-A Steel's related companies.
| Open | High | Low | Close | Volume | |
| 3,390 | 3,440 | 3,375 | 3,375 | 46,427 | |
06/05/2024 | 3,380 | 3,410 | 3,335 | 3,395 | 30,603 |
| 3,360 | 3,405 | 3,350 | 3,355 | 70,812 |
| Backtest Dong-A Steel | | | Dong-A Steel History | | | Dong-A Steel Valuation | Previous | Next |
Dong-A Steel Trading Date Momentum on June 5, 2024
| On June 07 2024 Dong A Steel Technology was traded for 3,355 at the closing time. The highest price during the trading period was 3,405 and the lowest recorded bid was listed for 3,350 . The volume for the day was 70.8 K. This history from June 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.18% . The overall trading delta to the current price is 3.83% . |
About Dong-A Steel Stock history
Dong-A Steel 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 Dong-A is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dong A Steel 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 Dong-A Steel stock prices may prove useful in developing a viable investing in Dong-A Steel
Dong-A Steel Stock Technical Analysis
Dong-A Steel 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
Dong-A Steel Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Dong A Steel Technology 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.
Dong-A Steel December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Dong-A Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dong-A Steel shares will generate the highest return on investment. By undertsting and applying Dong-A Steel stock market strength indicators, traders can identify Dong A Steel Technology entry and exit signals to maximize returns
Dong-A Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dong-A Steel's price direction in advance. Along with the technical and fundamental analysis of Dong-A Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dong-A 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 | (0.02) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.28) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Dong-A Stock analysis
When running Dong-A Steel's price analysis, check to measure Dong-A Steel'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 Dong-A Steel is operating at the current time. Most of Dong-A Steel's value examination focuses on studying past and present price action to predict the probability of Dong-A Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dong-A Steel's price. Additionally, you may evaluate how the addition of Dong-A Steel to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |