Dong A (Korea) Price on May 8, 2024
088130 Stock | KRW 3,840 140.00 3.52% |
If you're considering investing in Dong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dong A stands at 3,840, as last reported on the 21st of December, with the highest price reaching 4,005 and the lowest price hitting 3,840 during the day. Dong A Eltek secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the company had a -0.15% return per unit of risk over the last 3 months. Dong A Eltek exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dong A's Downside Deviation of 3.86, coefficient of variation of 2519.72, and Mean Deviation of 2.75 to check the risk estimate we provide.
Dong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dong |
Sharpe Ratio = -0.1548
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Negative Returns | 088130 |
Estimated Market Risk
3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dong A 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 by adding Dong A to a well-diversified portfolio.
Dong A Valuation on May 8, 2024
It is possible to determine the worth of Dong A on a given historical date. On May 8, 2024 Dong was worth 5195.0 at the beginning of the trading date compared to the closed value of 5310.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dong A stock. Still, in general, we apply an absolute valuation method to find Dong A'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dong A's related companies.
Open | High | Low | Close | Volume | |
5,080 | 5,280 | 5,035 | 5,215 | 678,194 | |
05/08/2024 | 5,195 | 5,420 | 5,040 | 5,310 | 1,160,616 |
5,260 | 5,380 | 5,110 | 5,140 | 691,076 |
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Dong A Trading Date Momentum on May 8, 2024
On May 09 2024 Dong A Eltek was traded for 5,140 at the closing time. The highest price during the trading period was 5,380 and the lowest recorded bid was listed for 5,110 . The volume for the day was 691.1 K. This history from May 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.20% . The overall trading delta to the current price is 8.47% . |
Dong A Eltek Fundamentals Correlations and Trends
By evaluating Dong A'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 Dong A's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dong A Stock history
Dong A 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 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dong A Eltek 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 stock prices may prove useful in developing a viable investing in Dong A
Dong A Eltek Co., Ltd. manufactures and sells display equipment in South Korea. Dong A Eltek Co., Ltd. was founded in 1987 and is based in Anyang, South Korea. DONG A is traded on Korean Securities Dealers Automated Quotations in South Korea.
Dong A Stock Technical Analysis
Dong A 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 Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Dong A Eltek 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 December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Dong A 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 shares will generate the highest return on investment. By undertsting and applying Dong A stock market strength indicators, traders can identify Dong A Eltek entry and exit signals to maximize returns
Dong A Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dong A's price direction in advance. Along with the technical and fundamental analysis of Dong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dong 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 | 0.0399 | |||
Jensen Alpha | 0.2134 | |||
Total Risk Alpha | 0.049 | |||
Sortino Ratio | 0.0436 | |||
Treynor Ratio | (0.18) |
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Complementary Tools for Dong Stock analysis
When running Dong A's price analysis, check to measure Dong A'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 is operating at the current time. Most of Dong A's value examination focuses on studying past and present price action to predict the probability of Dong A'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's price. Additionally, you may evaluate how the addition of Dong A to your portfolios can decrease your overall portfolio volatility.
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