Global Tax (Korea) Price on July 19, 2024

204620 Stock  KRW 4,025  95.00  2.42%   
If you're considering investing in Global Stock, it is important to understand the factors that can impact its price. As of today, the current price of Global Tax stands at 4,025, as last reported on the 27th of December, with the highest price reaching 4,100 and the lowest price hitting 3,865 during the day. At this point, Global Tax is very steady. Global Tax Free holds Efficiency (Sharpe) Ratio of 0.0514, which attests that the entity had a 0.0514% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Global Tax Free, which you can use to evaluate the volatility of the firm. Please check out Global Tax's Risk Adjusted Performance of 0.0571, market risk adjusted performance of 1.67, and Downside Deviation of 2.81 to validate if the risk estimate we provide is consistent with the expected return of 0.16%.
  
Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0514

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Estimated Market Risk

 3.19
  actual daily
28
72% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Global Tax 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 Global Tax by adding it to a well-diversified portfolio.

Global Tax Valuation on July 19, 2024

It is possible to determine the worth of Global Tax on a given historical date. On July 19, 2024 Global was worth 3985.0 at the beginning of the trading date compared to the closed value of 3985.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Tax stock. Still, in general, we apply an absolute valuation method to find Global Tax'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 Global Tax where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Tax's related companies.
 Open High Low Close Volume
  3,970    4,035    3,960    4,010    570,661  
07/19/2024
  3,985    4,020    3,960    3,985    502,781  
  3,970    4,060    3,885    4,025    640,715  
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Open Value
3985.0
3985.0
Closing Value
3,995
Upside

Global Tax Trading Date Momentum on July 19, 2024

On July 22 2024 Global Tax Free was traded for  4,025  at the closing time. The highest price during the trading period was 4,060  and the lowest recorded bid was listed for  3,885 . The volume for the day was 640.7 K. This history from July 22, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.00% . The overall trading delta to the current price is 2.01% .

Global Tax Free Fundamentals Correlations and Trends

By evaluating Global Tax'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 Global Tax's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Global Tax Stock history

Global Tax 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 Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Tax Free 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 Global Tax stock prices may prove useful in developing a viable investing in Global Tax
Global Tax Free Co., Ltd. operates as tax refund company for foreign tourists in South Korea. Global Tax Free Co., Ltd. was founded in 2005 and is based in Seoul, South Korea. Global Tax is traded on Korean Securities Dealers Automated Quotations in South Korea.

Global Tax Stock Technical Analysis

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

Global Tax Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Global Tax Free 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.

Global Tax December 27, 2024 Market Strength

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

Global Tax Technical and Predictive Indicators

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

When running Global Tax's price analysis, check to measure Global Tax'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 Global Tax is operating at the current time. Most of Global Tax's value examination focuses on studying past and present price action to predict the probability of Global Tax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Tax's price. Additionally, you may evaluate how the addition of Global Tax to your portfolios can decrease your overall portfolio volatility.
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