MITECH CoLtd (Korea) Price on June 21, 2024

179290 Stock   8,150  160.00  1.93%   
If you're considering investing in MITECH Stock, it is important to understand the factors that can impact its price. As of today, the current price of MITECH CoLtd stands at 8,150, as last reported on the 22nd of December, with the highest price reaching 8,310 and the lowest price hitting 8,090 during the day. At this point, MITECH CoLtd is very steady. MITECH CoLtd has Sharpe Ratio of 0.0573, which conveys that the firm had a 0.0573% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for MITECH CoLtd, which you can use to evaluate the volatility of the firm. Please verify MITECH CoLtd's Mean Deviation of 2.01, market risk adjusted performance of (1.13), and Risk Adjusted Performance of 0.0941 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
  
MITECH Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0573

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall Risk179290High RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.45
  actual daily
21
79% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average MITECH CoLtd is performing at about 4% 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 MITECH CoLtd by adding it to a well-diversified portfolio.

MITECH CoLtd Valuation on June 21, 2024

It is possible to determine the worth of MITECH CoLtd on a given historical date. On June 21, 2024 MITECH was worth 8300.0 at the beginning of the trading date compared to the closed value of 8190.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MITECH CoLtd stock. Still, in general, we apply an absolute valuation method to find MITECH CoLtd'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 MITECH CoLtd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MITECH CoLtd's related companies.
 Open High Low Close Volume
  8,450    8,580    8,280    8,300    204,836  
06/21/2024
  8,300    8,350    8,050    8,190    258,773  
  8,100    8,190    7,890    7,970    167,119  
Backtest MITECH CoLtd  |  MITECH CoLtd History  PreviousNext  
Open Value
8300.0
8190.0
Closing Value
8,307
Upside

MITECH CoLtd Trading Date Momentum on June 21, 2024

On June 24 2024 MITECH CoLtd was traded for  7,970  at the closing time. The highest price during the trading period was 8,190  and the lowest recorded bid was listed for  7,890 . The volume for the day was 167.1 K. This history from June 24, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.69% . The trading delta at closing time to the current price is 1.95% .

Price Boundaries

MITECH CoLtd Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

MITECH 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.

MITECH CoLtd December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how MITECH CoLtd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MITECH CoLtd shares will generate the highest return on investment. By undertsting and applying MITECH CoLtd stock market strength indicators, traders can identify MITECH CoLtd entry and exit signals to maximize returns

MITECH CoLtd Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MITECH CoLtd's price direction in advance. Along with the technical and fundamental analysis of MITECH Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MITECH 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 MITECH Stock analysis

When running MITECH CoLtd's price analysis, check to measure MITECH CoLtd'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 MITECH CoLtd is operating at the current time. Most of MITECH CoLtd's value examination focuses on studying past and present price action to predict the probability of MITECH CoLtd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MITECH CoLtd's price. Additionally, you may evaluate how the addition of MITECH CoLtd to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites