Newtree CoLtd (Korea) Price on February 19, 2024
270870 Stock | KRW 5,530 240.00 4.16% |
If you're considering investing in Newtree Stock, it is important to understand the factors that can impact its price. As of today, the current price of Newtree CoLtd stands at 5,530, as last reported on the 9th of January, with the highest price reaching 5,750 and the lowest price hitting 5,530 during the day. Newtree CoLtd has Sharpe Ratio of -0.2, which conveys that the firm had a -0.2% return per unit of risk over the last 3 months. Newtree CoLtd exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Newtree CoLtd's Risk Adjusted Performance of (0.15), standard deviation of 3.71, and Mean Deviation of 2.22 to check out the risk estimate we provide.
Newtree Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Newtree |
Sharpe Ratio = -0.1971
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Negative Returns | 270870 |
Estimated Market Risk
3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
-0.75 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Newtree CoLtd 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 Newtree CoLtd by adding Newtree CoLtd to a well-diversified portfolio.
Newtree CoLtd Valuation on February 19, 2024
It is possible to determine the worth of Newtree CoLtd on a given historical date. On February 19, 2024 Newtree was worth 7330.0 at the beginning of the trading date compared to the closed value of 7440.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newtree CoLtd stock. Still, in general, we apply an absolute valuation method to find Newtree 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 Newtree CoLtd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newtree CoLtd's related companies.
Open | High | Low | Close | Volume | |
7,250 | 7,330 | 7,220 | 7,330 | 13,042 | |
02/19/2024 | 7,330 | 7,460 | 7,280 | 7,440 | 17,620 |
7,530 | 7,530 | 7,380 | 7,530 | 29,317 |
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Newtree CoLtd Trading Date Momentum on February 19, 2024
On February 20 2024 Newtree CoLtd was traded for 7,530 at the closing time. The highest price during the trading period was 7,530 and the lowest recorded bid was listed for 7,380 . The volume for the day was 29.3 K. This history from February 20, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.21% . The trading delta at closing time to the current price is 5.51% . |
Newtree CoLtd Fundamentals Correlations and Trends
By evaluating Newtree CoLtd'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 Newtree CoLtd's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newtree financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Newtree CoLtd Stock history
Newtree CoLtd 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 Newtree is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newtree CoLtd 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 Newtree CoLtd stock prices may prove useful in developing a viable investing in Newtree CoLtd
It offers skincare, weight management, and health functional food products, as well as health supplements. The company was founded in 2001 and is headquartered in Seongnam, South Korea. Newtree is traded on Korean Securities Dealers Automated Quotations in South Korea.
Newtree CoLtd Stock Technical Analysis
Newtree CoLtd 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
Newtree CoLtd Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Newtree 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.
Newtree CoLtd January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Newtree 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 Newtree CoLtd shares will generate the highest return on investment. By undertsting and applying Newtree CoLtd stock market strength indicators, traders can identify Newtree CoLtd entry and exit signals to maximize returns
Newtree CoLtd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Newtree CoLtd's price direction in advance. Along with the technical and fundamental analysis of Newtree Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newtree 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 | (0.15) | |||
Jensen Alpha | (0.77) | |||
Total Risk Alpha | (0.85) | |||
Treynor Ratio | (2.83) |
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Volume Indicators |
Complementary Tools for Newtree Stock analysis
When running Newtree CoLtd's price analysis, check to measure Newtree 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 Newtree CoLtd is operating at the current time. Most of Newtree CoLtd's value examination focuses on studying past and present price action to predict the probability of Newtree 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 Newtree CoLtd's price. Additionally, you may evaluate how the addition of Newtree CoLtd to your portfolios can decrease your overall portfolio volatility.
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