NewFlex Technology (Korea) Price on October 23, 2024
| 085670 Stock | KRW 4,445 65.00 1.44% |
If you're considering investing in NewFlex Stock, it is important to understand the factors that can impact its price. As of today, the current price of NewFlex Technology stands at 4,445, as last reported on the 5th of December, with the highest price reaching 4,530 and the lowest price hitting 4,415 during the day. At this point, NewFlex Technology is very steady. NewFlex Technology has Sharpe Ratio of 0.0172, which conveys that the firm had a 0.0172% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for NewFlex Technology, which you can use to evaluate the volatility of the firm. Please verify NewFlex Technology's Risk Adjusted Performance of (0.01), standard deviation of 4.15, and Mean Deviation of 2.74 to check out if the risk estimate we provide is consistent with the expected return of 0.0736%.
NewFlex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NewFlex |
Sharpe Ratio = 0.0172
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| Cash | Small Risk | Average Risk | 085670 | Huge Risk |
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Estimated Market Risk
| 4.28 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average NewFlex Technology is performing at about 1% 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 NewFlex Technology by adding it to a well-diversified portfolio.
NewFlex Technology Valuation on October 23, 2024
It is possible to determine the worth of NewFlex Technology on a given historical date. On October 23, 2024 NewFlex was worth 5640.0 at the beginning of the trading date compared to the closed value of 5610.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NewFlex Technology stock. Still, in general, we apply an absolute valuation method to find NewFlex Technology'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 NewFlex Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NewFlex Technology's related companies.
| Open | High | Low | Close | Volume | |
| 5,790 | 5,840 | 5,530 | 5,560 | 761,353 | |
10/23/2024 | 5,640 | 5,650 | 5,380 | 5,610 | 391,858 |
| 5,490 | 5,570 | 5,350 | 5,350 | 583,564 |
| Backtest NewFlex Technology | | | NewFlex Technology History | | | NewFlex Technology Valuation | Previous | Next |
NewFlex Technology Trading Date Momentum on October 23, 2024
| On October 24 2024 NewFlex Technology Co was traded for 5,350 at the closing time. The highest price during the trading period was 5,570 and the lowest recorded bid was listed for 5,350 . The volume for the day was 583.6 K. This history from October 24, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 4.63% . The trading delta at closing time to the current price is 9.63% . |
NewFlex Technology Fundamentals Correlations and Trends
By evaluating NewFlex Technology'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 NewFlex Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NewFlex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NewFlex Technology Stock history
NewFlex Technology 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 NewFlex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NewFlex Technology 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 NewFlex Technology stock prices may prove useful in developing a viable investing in NewFlex Technology
NewFlex Technology Stock Technical Analysis
NewFlex Technology 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
NewFlex Technology Period Price Range
Low | December 5, 2024
| High |
0.00 | 0.00 |
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NewFlex Technology December 5, 2024 Market Strength
Market strength indicators help investors to evaluate how NewFlex Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NewFlex Technology shares will generate the highest return on investment. By undertsting and applying NewFlex Technology stock market strength indicators, traders can identify NewFlex Technology Co entry and exit signals to maximize returns
NewFlex Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NewFlex Technology's price direction in advance. Along with the technical and fundamental analysis of NewFlex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NewFlex 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 | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | 0.4996 |
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| Volume Indicators |
Complementary Tools for NewFlex Stock analysis
When running NewFlex Technology's price analysis, check to measure NewFlex Technology'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 NewFlex Technology is operating at the current time. Most of NewFlex Technology's value examination focuses on studying past and present price action to predict the probability of NewFlex Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewFlex Technology's price. Additionally, you may evaluate how the addition of NewFlex Technology to your portfolios can decrease your overall portfolio volatility.
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