Daesung Industrial (Korea) Price on October 17, 2024
128820 Stock | 3,295 15.00 0.46% |
If you're considering investing in Daesung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Daesung Industrial stands at 3,295, as last reported on the 6th of January, with the highest price reaching 3,315 and the lowest price hitting 3,270 during the day. Daesung Industrial secures Sharpe Ratio (or Efficiency) of -0.0564, which denotes the company had a -0.0564% return per unit of standard deviation over the last 3 months. Daesung Industrial Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daesung Industrial's Mean Deviation of 1.44, coefficient of variation of (1,024), and Standard Deviation of 2.43 to check the risk estimate we provide.
Daesung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Daesung |
Sharpe Ratio = -0.0564
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Negative Returns | 128820 |
Estimated Market Risk
2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Daesung Industrial 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 Daesung Industrial by adding Daesung Industrial to a well-diversified portfolio.
Daesung Industrial Valuation on October 17, 2024
It is possible to determine the worth of Daesung Industrial on a given historical date. On October 17, 2024 Daesung was worth 3500.0 at the beginning of the trading date compared to the closed value of 3495.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daesung Industrial stock. Still, in general, we apply an absolute valuation method to find Daesung Industrial'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 Daesung Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daesung Industrial's related companies.
Open | High | Low | Close | Volume | |
3,475 | 3,510 | 3,470 | 3,500 | 59,822 | |
10/17/2024 | 3,500 | 3,525 | 3,485 | 3,495 | 39,092 |
3,535 | 3,885 | 3,470 | 3,480 | 1,882,316 |
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Daesung Industrial Trading Date Momentum on October 17, 2024
On October 18 2024 Daesung Industrial Co was traded for 3,480 at the closing time. The highest price during the trading period was 3,885 and the lowest recorded bid was listed for 3,470 . The volume for the day was 1.9 M. This history from October 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.43% . The overall trading delta to the current price is 2.00% . |
About Daesung Industrial Stock history
Daesung Industrial 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 Daesung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Daesung Industrial 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 Daesung Industrial stock prices may prove useful in developing a viable investing in Daesung Industrial
Daesung Industrial Stock Technical Analysis
Daesung Industrial 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
Daesung Industrial Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Daesung Industrial Co 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.
Daesung Industrial January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Daesung Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daesung Industrial shares will generate the highest return on investment. By undertsting and applying Daesung Industrial stock market strength indicators, traders can identify Daesung Industrial Co entry and exit signals to maximize returns
Daesung Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Daesung Industrial's price direction in advance. Along with the technical and fundamental analysis of Daesung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Daesung 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 | (0.07) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | (3.14) |
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Volume Indicators |
Complementary Tools for Daesung Stock analysis
When running Daesung Industrial's price analysis, check to measure Daesung Industrial'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 Daesung Industrial is operating at the current time. Most of Daesung Industrial's value examination focuses on studying past and present price action to predict the probability of Daesung Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daesung Industrial's price. Additionally, you may evaluate how the addition of Daesung Industrial to your portfolios can decrease your overall portfolio volatility.
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