Taewoong Logistics (Korea) Price on April 28, 2023

124560 Stock  KRW 2,930  20.00  0.68%   
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 2,930, as last reported on the 27th of December, with the highest price reaching 3,000 and the lowest price hitting 2,930 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' Risk Adjusted Performance of 0.0036, coefficient of variation of (19,518), and Variance of 11.65 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.

Sharpe Ratio = -0.1332

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Estimated Market Risk

 2.67
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.35
  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 28, 2023

It is possible to determine the worth of Taewoong Logistics on a given historical date. On April 28, 2023 Taewoong was worth 4912.01 at the beginning of the trading date compared to the closed value of 4787.54. 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
  4,510    4,816    4,472    4,797    547,829  
04/28/2023
  4,912    5,056    4,697    4,788    783,966  
  4,788    4,922    4,677    4,864    524,454  
Backtest Taewoong Logistics  |  Taewoong Logistics History  |  Taewoong Logistics Valuation   PreviousNext  
Open Value
4912.01
4787.54
Closing Value
4,920
Upside

Taewoong Logistics Trading Date Momentum on April 28, 2023

On May 02 2023 Taewoong Logistics CoLtd was traded for  4,864  at the closing time. The highest price during the trading period was 4,922  and the lowest recorded bid was listed for  4,677 . The volume for the day was 524.5 K. This history from May 2, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 1.60% . The trading price change to the current price is 2.60% .

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

Taewoong Logistics Period Price Range

Low
December 27, 2024
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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.

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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