Taewoong Logistics (Korea) Price on April 18, 2024
124560 Stock | KRW 2,885 25.00 0.87% |
If you're considering investing in Taewoong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taewoong Logistics stands at 2,885, as last reported on the 27th of December, with the highest price reaching 2,910 and the lowest price hitting 2,830 during the day. Taewoong Logistics CoLtd owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Taewoong Logistics CoLtd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taewoong Logistics' Coefficient Of Variation of (19,518), variance of 11.65, and Risk Adjusted Performance of 0.0036 to confirm the risk estimate we provide.
Taewoong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taewoong |
Sharpe Ratio = -0.1276
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Negative Returns | 124560 |
Estimated Market Risk
2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taewoong Logistics 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 Taewoong Logistics by adding Taewoong Logistics to a well-diversified portfolio.
Taewoong Logistics Valuation on April 18, 2024
It is possible to determine the worth of Taewoong Logistics on a given historical date. On April 18, 2024 Taewoong was worth 3172.35 at the beginning of the trading date compared to the closed value of 3226.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taewoong Logistics stock. Still, in general, we apply an absolute valuation method to find Taewoong Logistics' 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 Taewoong Logistics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taewoong Logistics' related companies.
Open | High | Low | Close | Volume | |
3,246 | 3,319 | 3,221 | 3,241 | 258,036 | |
04/18/2024 | 3,172 | 3,275 | 3,172 | 3,226 | 283,078 |
3,231 | 3,499 | 3,187 | 3,324 | 1,550,037 |
Backtest Taewoong Logistics | | | Taewoong Logistics History | | | Taewoong Logistics Valuation | Previous | Next |
Taewoong Logistics Trading Date Momentum on April 18, 2024
On April 19 2024 Taewoong Logistics CoLtd was traded for 3,324 at the closing time. The highest price during the trading period was 3,499 and the lowest recorded bid was listed for 3,187 . The volume for the day was 1.6 M. This history from April 19, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.03% . The trading price change to the current price is 1.21% . |
Taewoong Logistics CoLtd Fundamentals Correlations and Trends
By evaluating Taewoong Logistics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Taewoong Logistics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taewoong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taewoong Logistics Stock history
Taewoong Logistics 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 Taewoong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taewoong Logistics CoLtd 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 Taewoong Logistics stock prices may prove useful in developing a viable investing in Taewoong Logistics
,Ltd., a logistics company, provides various transport services by sea, air, bulk project, and inland transportation. ,Ltd. was founded in 1996 and is headquartered in Seoul, South Korea. Taewoong Logistics is traded on Korean Securities Dealers Automated Quotations in South Korea.
Taewoong Logistics Stock Technical Analysis
Taewoong Logistics 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
Taewoong Logistics Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Taewoong Logistics CoLtd 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.
Taewoong Logistics December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Taewoong Logistics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taewoong Logistics shares will generate the highest return on investment. By undertsting and applying Taewoong Logistics stock market strength indicators, traders can identify Taewoong Logistics CoLtd entry and exit signals to maximize returns
Taewoong Logistics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taewoong Logistics' price direction in advance. Along with the technical and fundamental analysis of Taewoong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taewoong 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 | 0.0036 | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | (0.08) |
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Complementary Tools for Taewoong Stock analysis
When running Taewoong Logistics' price analysis, check to measure Taewoong Logistics' 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 Taewoong Logistics is operating at the current time. Most of Taewoong Logistics' value examination focuses on studying past and present price action to predict the probability of Taewoong Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taewoong Logistics' price. Additionally, you may evaluate how the addition of Taewoong Logistics to your portfolios can decrease your overall portfolio volatility.
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