Daejung Chemicals (Korea) Price on September 9, 2024
120240 Stock | KRW 13,080 80.00 0.62% |
If you're considering investing in Daejung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Daejung Chemicals stands at 13,080, as last reported on the 5th of January, with the highest price reaching 13,090 and the lowest price hitting 12,810 during the day. Daejung Chemicals Metals secures Sharpe Ratio (or Efficiency) of -0.0669, which denotes the company had a -0.0669% return per unit of standard deviation over the last 3 months. Daejung Chemicals Metals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daejung Chemicals' Standard Deviation of 1.76, mean deviation of 1.2, and Coefficient Of Variation of (1,277) to check the risk estimate we provide.
Daejung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Daejung |
Sharpe Ratio = -0.0669
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Negative Returns | 120240 |
Estimated Market Risk
1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Daejung Chemicals 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 Daejung Chemicals by adding Daejung Chemicals to a well-diversified portfolio.
Daejung Chemicals Valuation on September 9, 2024
It is possible to determine the worth of Daejung Chemicals on a given historical date. On September 9, 2024 Daejung was worth 13395.0 at the beginning of the trading date compared to the closed value of 13491.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daejung Chemicals stock. Still, in general, we apply an absolute valuation method to find Daejung Chemicals' 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 Daejung Chemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daejung Chemicals' related companies.
Open | High | Low | Close | Volume | |
13,839 | 13,974 | 13,521 | 13,569 | 15,502 | |
09/09/2024 | 13,395 | 13,617 | 13,318 | 13,492 | 5,225 |
13,434 | 13,752 | 13,434 | 13,492 | 8,024 |
Backtest Daejung Chemicals | | | Daejung Chemicals History | | | Daejung Chemicals Valuation | Previous | Next |
Daejung Chemicals Trading Date Momentum on September 9, 2024
On September 10 2024 Daejung Chemicals Metals was traded for 13,492 at the closing time. The highest price during the trading period was 13,752 and the lowest recorded bid was listed for 13,434 . The volume for the day was 8 K. This history from September 10, 2024 did not affect price variability. The overall trading delta to the current price is 2.86% . |
Daejung Chemicals Metals Fundamentals Correlations and Trends
By evaluating Daejung Chemicals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Daejung Chemicals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Daejung financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Daejung Chemicals Stock history
Daejung Chemicals 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 Daejung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Daejung Chemicals Metals 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 Daejung Chemicals stock prices may prove useful in developing a viable investing in Daejung Chemicals
,Ltd. manufactures reagents and raw materials in South Korea. ,Ltd. was founded in 1968 and is headquartered in Siheung, South Korea. DAEJUNG CM is traded on Korean Securities Dealers Automated Quotations in South Korea.
Daejung Chemicals Stock Technical Analysis
Daejung Chemicals 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
Daejung Chemicals Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Daejung Chemicals Metals 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.
Daejung Chemicals January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Daejung Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daejung Chemicals shares will generate the highest return on investment. By undertsting and applying Daejung Chemicals stock market strength indicators, traders can identify Daejung Chemicals Metals entry and exit signals to maximize returns
Daejung Chemicals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Daejung Chemicals' price direction in advance. Along with the technical and fundamental analysis of Daejung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Daejung 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 | (0.06) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | (1.65) |
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Complementary Tools for Daejung Stock analysis
When running Daejung Chemicals' price analysis, check to measure Daejung Chemicals' 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 Daejung Chemicals is operating at the current time. Most of Daejung Chemicals' value examination focuses on studying past and present price action to predict the probability of Daejung Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daejung Chemicals' price. Additionally, you may evaluate how the addition of Daejung Chemicals to your portfolios can decrease your overall portfolio volatility.
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