Poongsan (Korea) Price on February 12, 2024

103140 Stock   52,900  300.00  0.56%   
If you're considering investing in Poongsan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Poongsan stands at 52,900, as last reported on the 6th of January, with the highest price reaching 53,700 and the lowest price hitting 52,200 during the day. Poongsan maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11% return per unit of risk over the last 3 months. Poongsan exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Poongsan's Risk Adjusted Performance of (0.02), coefficient of variation of (3,148), and Variance of 9.65 to confirm the risk estimate we provide.
  
Poongsan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1077

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Estimated Market Risk

 3.0
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.32
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Poongsan 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 Poongsan by adding Poongsan to a well-diversified portfolio.

Poongsan Valuation on February 12, 2024

It is possible to determine the worth of Poongsan on a given historical date. On February 12, 2024 Poongsan was worth 39200.0 at the beginning of the trading date compared to the closed value of 37950.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Poongsan stock. Still, in general, we apply an absolute valuation method to find Poongsan'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 Poongsan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Poongsan's related companies.
 Open High Low Close Volume
  39,850    39,900    39,100    39,250    182,039  
02/08/2024
  39,200    39,200    37,550    37,950    429,226  
  38,100    39,000    38,100    38,850    182,165  
Backtest Poongsan  |  Poongsan History  |  Poongsan Valuation   PreviousNext  
Open Value
39200.0
39,191
Downside
37950.0
Closing Value
39,209
Upside

Poongsan Trading Date Momentum on February 12, 2024

On February 13 2024 Poongsan was traded for  38,850  at the closing time. The highest price during the trading period was 39,000  and the lowest recorded bid was listed for  38,100 . The volume for the day was 182.2 K. This history from February 13, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.37% . The trading delta at closing time to the current price is 1.58% .

Poongsan Fundamentals Correlations and Trends

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

About Poongsan Stock history

Poongsan 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 Poongsan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Poongsan 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 Poongsan stock prices may prove useful in developing a viable investing in Poongsan

Poongsan Stock Technical Analysis

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

Poongsan Period Price Range

Low
January 6, 2025
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High

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Poongsan 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.

Poongsan January 6, 2025 Market Strength

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

Poongsan Technical and Predictive Indicators

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

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