Narae Nanotech (Korea) Price on December 24, 2024
| 137080 Stock | 4,015 110.00 2.82% |
If you're considering investing in Narae Stock, it is important to understand the factors that can impact its price. As of today, the current price of Narae Nanotech stands at 4,015, as last reported on the 5th of January, with the highest price reaching 4,095 and the lowest price hitting 3,910 during the day. At this point, Narae Nanotech is very steady. Narae Nanotech Corp has Sharpe Ratio of 0.0378, which conveys that the firm had a 0.0378% return per unit of risk over the last 3 months. We have found thirty technical indicators for Narae Nanotech, which you can use to evaluate the volatility of the firm. Please verify Narae Nanotech's Downside Deviation of 3.74, mean deviation of 2.85, and Risk Adjusted Performance of 0.0218 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
Narae Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Narae |
Sharpe Ratio = 0.0378
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| Cash | Small Risk | Average Risk | 137080 | Huge Risk |
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Estimated Market Risk
| 3.77 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Narae Nanotech is performing at about 2% of its full potential. 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 Narae Nanotech by adding it to a well-diversified portfolio.
Narae Nanotech Valuation on December 24, 2024
It is possible to determine the worth of Narae Nanotech on a given historical date. On December 24, 2024 Narae was worth 4470.0 at the beginning of the trading date compared to the closed value of 4800.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Narae Nanotech stock. Still, in general, we apply an absolute valuation method to find Narae Nanotech'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 Narae Nanotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Narae Nanotech's related companies.
| Open | High | Low | Close | Volume | |
| 4,175 | 4,530 | 4,175 | 4,470 | 97,921 | |
12/24/2024 | 4,470 | 4,910 | 4,470 | 4,800 | 117,401 |
| 4,720 | 5,040 | 4,710 | 4,810 | 97,312 |
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Narae Nanotech Trading Date Momentum on December 24, 2024
| On December 26 2024 Narae Nanotech Corp was traded for 4,810 at the closing time. The highest price during the trading period was 5,040 and the lowest recorded bid was listed for 4,710 . The volume for the day was 97.3 K. This history from December 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.21% . The trading delta at closing time to the current price is 18.23% . |
Narae Nanotech Corp Fundamentals Correlations and Trends
By evaluating Narae Nanotech's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Narae Nanotech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Narae financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Narae Nanotech Stock history
Narae Nanotech 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 Narae is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Narae Nanotech Corp 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 Narae Nanotech stock prices may prove useful in developing a viable investing in Narae Nanotech
Narae Nanotech Stock Technical Analysis
Narae Nanotech 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
Narae Nanotech Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Narae Nanotech Corp 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.
Narae Nanotech January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Narae Nanotech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Narae Nanotech shares will generate the highest return on investment. By undertsting and applying Narae Nanotech stock market strength indicators, traders can identify Narae Nanotech Corp entry and exit signals to maximize returns
Narae Nanotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Narae Nanotech's price direction in advance. Along with the technical and fundamental analysis of Narae Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Narae 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 | 0.0218 | |||
| Jensen Alpha | 0.0485 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.011 | |||
| Treynor Ratio | 0.1363 |
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| Volume Indicators |
Complementary Tools for Narae Stock analysis
When running Narae Nanotech's price analysis, check to measure Narae Nanotech'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 Narae Nanotech is operating at the current time. Most of Narae Nanotech's value examination focuses on studying past and present price action to predict the probability of Narae Nanotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Narae Nanotech's price. Additionally, you may evaluate how the addition of Narae Nanotech to your portfolios can decrease your overall portfolio volatility.
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