Tway Air (Korea) Price on October 15, 2024
091810 Stock | 2,630 45.00 1.68% |
If you're considering investing in Tway Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tway Air stands at 2,630, as last reported on the 13th of December 2024, with the highest price reaching 2,705 and the lowest price hitting 2,600 during the day. Tway Air owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0221, which indicates the firm had a -0.0221% return per unit of risk over the last 3 months. Tway Air Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tway Air's Coefficient Of Variation of (25,412), variance of 22.43, and Risk Adjusted Performance of 0.0056 to confirm the risk estimate we provide.
Tway Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tway |
Sharpe Ratio = -0.0221
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Estimated Market Risk
4.98 actual daily | 44 56% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tway Air 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 Tway Air by adding Tway Air to a well-diversified portfolio.
Tway Air Valuation on October 15, 2024
It is possible to determine the worth of Tway Air on a given historical date. On October 15, 2024 Tway was worth 3155.0 at the beginning of the trading date compared to the closed value of 2940.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tway Air stock. Still, in general, we apply an absolute valuation method to find Tway Air'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 Tway Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tway Air's related companies.
Open | High | Low | Close | Volume | |
3,265 | 3,470 | 3,165 | 3,165 | 18,255,472 | |
10/15/2024 | 3,155 | 3,385 | 2,920 | 2,940 | 29,787,780 |
2,940 | 3,055 | 2,900 | 3,010 | 9,542,099 |
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Tway Air Trading Date Momentum on October 15, 2024
On October 16 2024 Tway Air Co was traded for 3,010 at the closing time. The highest price during the trading period was 3,055 and the lowest recorded bid was listed for 2,900 . The volume for the day was 9.5 M. This history from October 16, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.38% . The trading price change to the current price is 5.61% . |
Tway Air Fundamentals Correlations and Trends
By evaluating Tway Air'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 Tway Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tway financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tway Air Stock history
Tway Air 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 Tway is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tway Air 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 Tway Air stock prices may prove useful in developing a viable investing in Tway Air
Tway Air Stock Technical Analysis
Tway Air 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
Tway Air Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Tway Air Co cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock Exchange. 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.
Tway Air December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Tway Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tway Air shares will generate the highest return on investment. By undertsting and applying Tway Air stock market strength indicators, traders can identify Tway Air Co entry and exit signals to maximize returns
Tway Air Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tway Air's price direction in advance. Along with the technical and fundamental analysis of Tway Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tway 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 | 0.0056 | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.69) | |||
Treynor Ratio | (0.04) |
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Complementary Tools for Tway Stock analysis
When running Tway Air's price analysis, check to measure Tway Air'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 Tway Air is operating at the current time. Most of Tway Air's value examination focuses on studying past and present price action to predict the probability of Tway Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tway Air's price. Additionally, you may evaluate how the addition of Tway Air to your portfolios can decrease your overall portfolio volatility.
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