Osteonic (Korea) Price on September 20, 2024
226400 Stock | KRW 4,880 140.00 2.79% |
If you're considering investing in Osteonic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Osteonic stands at 4,880, as last reported on the 2nd of December, with the highest price reaching 5,140 and the lowest price hitting 4,850 during the day. Osteonic maintains Sharpe Ratio (i.e., Efficiency) of -0.0183, which implies the firm had a -0.0183% return per unit of risk over the last 3 months. Osteonic exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Osteonic's Coefficient Of Variation of (3,530), variance of 12.25, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
Osteonic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Osteonic |
Sharpe Ratio = -0.0183
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Negative Returns | 226400 |
Estimated Market Risk
3.56 actual daily | 31 69% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Osteonic 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 Osteonic by adding Osteonic to a well-diversified portfolio.
Osteonic Valuation on September 20, 2024
It is possible to determine the worth of Osteonic on a given historical date. On September 20, 2024 Osteonic was worth 5200.0 at the beginning of the trading date compared to the closed value of 5370.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Osteonic stock. Still, in general, we apply an absolute valuation method to find Osteonic'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 Osteonic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Osteonic's related companies.
Open | High | Low | Close | Volume | |
5,210 | 5,320 | 5,130 | 5,200 | 164,191 | |
09/20/2024 | 5,200 | 5,440 | 5,180 | 5,370 | 229,287 |
5,380 | 6,150 | 5,380 | 6,030 | 2,308,421 |
Backtest Osteonic | | | Osteonic History | | | Osteonic Valuation | Previous | Next |
Osteonic Trading Date Momentum on September 20, 2024
On September 23 2024 Osteonic Co was traded for 6,030 at the closing time. The highest price during the trading period was 6,150 and the lowest recorded bid was listed for 5,380 . The volume for the day was 2.3 M. This history from September 23, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 12.29% . The trading delta at closing time to the current price is 13.04% . |
Osteonic Fundamentals Correlations and Trends
By evaluating Osteonic'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 Osteonic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Osteonic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Osteonic Stock history
Osteonic 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 Osteonic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Osteonic 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 Osteonic stock prices may prove useful in developing a viable investing in Osteonic
Osteonic Co., Ltd. develops, manufactures, and sells bone fixation systems. Osteonic Co., Ltd. was founded in 2012 and is based in Seoul, South Korea. OSTEONIC is traded on Korean Securities Dealers Automated Quotations in South Korea.
Osteonic Stock Technical Analysis
Osteonic 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
Osteonic Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Osteonic 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.
Osteonic December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Osteonic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Osteonic shares will generate the highest return on investment. By undertsting and applying Osteonic stock market strength indicators, traders can identify Osteonic Co entry and exit signals to maximize returns
Osteonic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Osteonic's price direction in advance. Along with the technical and fundamental analysis of Osteonic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Osteonic 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 | (0.01) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.69) | |||
Treynor Ratio | 0.2892 |
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Volume Indicators |
Complementary Tools for Osteonic Stock analysis
When running Osteonic's price analysis, check to measure Osteonic'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 Osteonic is operating at the current time. Most of Osteonic's value examination focuses on studying past and present price action to predict the probability of Osteonic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osteonic's price. Additionally, you may evaluate how the addition of Osteonic to your portfolios can decrease your overall portfolio volatility.
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