Daesung Hi-Tech (Korea) Price on December 4, 2024
| 129920 Stock | 3,500 170.00 5.11% |
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 Hi-Tech stands at 3,500, as last reported on the 13th of December 2024, with the highest price reaching 3,540 and the lowest price hitting 3,415 during the day. Daesung Hi Tech secures Sharpe Ratio (or Efficiency) of -0.0666, which denotes the company had a -0.0666% return per unit of standard deviation over the last 3 months. Daesung Hi Tech Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daesung Hi-Tech's Standard Deviation of 2.99, mean deviation of 2.24, and Coefficient Of Variation of (2,119) 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 = -0.0666
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| Negative Returns | 129920 |
Estimated Market Risk
| 3.01 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.2 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 Daesung Hi-Tech 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 Hi-Tech by adding Daesung Hi-Tech to a well-diversified portfolio.
Daesung Hi-Tech Valuation on December 4, 2024
It is possible to determine the worth of Daesung Hi-Tech on a given historical date. On December 4, 2024 Daesung was worth 3590.0 at the beginning of the trading date compared to the closed value of 3525.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daesung Hi-Tech stock. Still, in general, we apply an absolute valuation method to find Daesung Hi-Tech'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 Hi-Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daesung Hi-Tech's related companies.
| Open | High | Low | Close | Volume | |
| 3,720 | 3,785 | 3,630 | 3,680 | 47,112 | |
12/04/2024 | 3,590 | 3,730 | 3,520 | 3,525 | 76,998 |
| 3,530 | 3,605 | 3,440 | 3,500 | 40,359 |
| Backtest Daesung Hi-Tech | | | Daesung Hi-Tech History | Previous | Next |
Daesung Hi-Tech Trading Date Momentum on December 4, 2024
| On December 05 2024 Daesung Hi Tech Co was traded for 3,500 at the closing time. The highest price during the trading period was 3,605 and the lowest recorded bid was listed for 3,440 . The volume for the day was 40.4 K. This history from December 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.71% . The overall trading delta to the current price is 0.43% . |
Price Boundaries
Daesung Hi-Tech Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Daesung Hi Tech Co 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.
Daesung Hi-Tech December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Daesung Hi-Tech 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 Hi-Tech shares will generate the highest return on investment. By undertsting and applying Daesung Hi-Tech stock market strength indicators, traders can identify Daesung Hi Tech Co entry and exit signals to maximize returns
Daesung Hi-Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Daesung Hi-Tech'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 | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 0.8569 |
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Complementary Tools for Daesung Stock analysis
When running Daesung Hi-Tech's price analysis, check to measure Daesung Hi-Tech'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 Hi-Tech is operating at the current time. Most of Daesung Hi-Tech's value examination focuses on studying past and present price action to predict the probability of Daesung Hi-Tech'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 Hi-Tech's price. Additionally, you may evaluate how the addition of Daesung Hi-Tech to your portfolios can decrease your overall portfolio volatility.
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