Choong Ang (Korea) Price on March 6, 2023

072020 Stock  KRW 9,720  30.00  0.31%   
If you're considering investing in Choong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Choong Ang stands at 9,720, as last reported on the 13th of December 2024, with the highest price reaching 9,780 and the lowest price hitting 9,600 during the day. Choong Ang Vaccine secures Sharpe Ratio (or Efficiency) of -0.0482, which signifies that the company had a -0.0482% return per unit of risk over the last 3 months. Choong Ang Vaccine exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Choong Ang's Risk Adjusted Performance of (0.03), standard deviation of 1.44, and Mean Deviation of 0.9813 to double-check the risk estimate we provide.
  
Choong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0482

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Estimated Market Risk

 1.5
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Choong Ang 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 Choong Ang by adding Choong Ang to a well-diversified portfolio.

Choong Ang Valuation on March 6, 2023

It is possible to determine the worth of Choong Ang on a given historical date. On March 6, 2023 Choong was worth 11405.17 at the beginning of the trading date compared to the closed value of 11415.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Choong Ang stock. Still, in general, we apply an absolute valuation method to find Choong Ang'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 Choong Ang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Choong Ang's related companies.
 Open High Low Close Volume
  11,276    11,494    11,207    11,415    41,563  
03/06/2023
  11,405    11,415    11,247    11,415    21,873  
  11,415    12,178    11,197    11,742    141,775  
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Open Value
11405.17
11,401
Downside
11415.08
Closing Value
11,410
Upside

Choong Ang Trading Date Momentum on March 6, 2023

On March 07 2023 Choong Ang Vaccine was traded for  11,742  at the closing time. The highest price during the trading period was 12,178  and the lowest recorded bid was listed for  11,197 . The volume for the day was 141.8 K. This history from March 7, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 2.86% . The overall trading delta to the current price is 5.03% .

Choong Ang Vaccine Fundamentals Correlations and Trends

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

About Choong Ang Stock history

Choong Ang 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 Choong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Choong Ang Vaccine 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 Choong Ang stock prices may prove useful in developing a viable investing in Choong Ang
Choong Ang Vaccine Laboratory Co., Ltd. engages in the production and sale of animal biological products primarily in Korea. The company, formerly known as ChoongAng Veterinary Infectious Diseases Research Institute, was founded in 1968 and is based in Daejeon, South Korea. CAVAC is traded on Korean Securities Dealers Automated Quotations in South Korea.

Choong Ang Stock Technical Analysis

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

Choong Ang Period Price Range

Low
December 13, 2024
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High

 0.00 

     

 0.00 

Choong Ang Vaccine 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.

Choong Ang December 13, 2024 Market Strength

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

Choong Ang Technical and Predictive Indicators

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

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