Tplex (Korea) Price on July 11, 2024
| 081150 Stock | KRW 2,990 100.00 3.24% |
If you're considering investing in Tplex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tplex stands at 2,990, as last reported on the 29th of November, with the highest price reaching 3,470 and the lowest price hitting 2,990 during the day. At this point, Tplex is very steady. Tplex owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0447, which indicates the firm had a 0.0447% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tplex Co, which you can use to evaluate the volatility of the company. Please validate Tplex's Risk Adjusted Performance of 0.0261, semi deviation of 2.53, and Coefficient Of Variation of 4197.83 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
Tplex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tplex |
Sharpe Ratio = 0.0447
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Estimated Market Risk
| 3.79 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Tplex is performing at about 3% 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 Tplex by adding it to a well-diversified portfolio.
Tplex Valuation on July 11, 2024
It is possible to determine the worth of Tplex on a given historical date. On July 11, 2024 Tplex was worth 3090.0 at the beginning of the trading date compared to the closed value of 3030.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tplex stock. Still, in general, we apply an absolute valuation method to find Tplex'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 Tplex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tplex's related companies.
| Open | High | Low | Close | Volume | |
| 3,140 | 3,160 | 3,070 | 3,100 | 209,982 | |
07/11/2024 | 3,090 | 3,115 | 3,030 | 3,030 | 139,429 |
| 3,010 | 3,050 | 3,010 | 3,040 | 59,904 |
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Tplex Trading Date Momentum on July 11, 2024
| On July 12 2024 Tplex Co was traded for 3,040 at the closing time. The highest price during the trading period was 3,050 and the lowest recorded bid was listed for 3,010 . The volume for the day was 59.9 K. This history from July 12, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.33% . The trading price change to the current price is 3.96% . |
Tplex Fundamentals Correlations and Trends
By evaluating Tplex'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 Tplex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tplex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tplex Stock history
Tplex 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 Tplex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tplex 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 Tplex stock prices may prove useful in developing a viable investing in Tplex
Tplex Co., Ltd., a stainless steel processing company, engages in the cutting and processing of stainless steel in South Korea. The company was founded in 1982 and is headquartered in Ansan, South Korea. Tplex is traded on Korean Securities Dealers Automated Quotations in South Korea.
Tplex Stock Technical Analysis
Tplex 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
Tplex Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Tplex November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Tplex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tplex shares will generate the highest return on investment. By undertsting and applying Tplex stock market strength indicators, traders can identify Tplex Co entry and exit signals to maximize returns
Tplex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tplex's price direction in advance. Along with the technical and fundamental analysis of Tplex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tplex 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 | 0.0261 | |||
| Jensen Alpha | 0.0573 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.4626 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Tplex Stock analysis
When running Tplex's price analysis, check to measure Tplex'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 Tplex is operating at the current time. Most of Tplex's value examination focuses on studying past and present price action to predict the probability of Tplex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tplex's price. Additionally, you may evaluate how the addition of Tplex to your portfolios can decrease your overall portfolio volatility.
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