Daebo Magnetic (Korea) Price on October 4, 2024

290670 Stock  KRW 12,670  740.00  5.52%   
If you're considering investing in Daebo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Daebo Magnetic stands at 12,670, as last reported on the 1st of December, with the highest price reaching 13,280 and the lowest price hitting 12,670 during the day. Daebo Magnetic CoLtd secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of standard deviation over the last 3 months. Daebo Magnetic CoLtd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daebo Magnetic's Mean Deviation of 2.18, coefficient of variation of (667.43), and Standard Deviation of 3.21 to check the risk estimate we provide.
  
Daebo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1662

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns290670

Estimated Market Risk

 3.34
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.55
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Daebo Magnetic 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 Daebo Magnetic by adding Daebo Magnetic to a well-diversified portfolio.

Daebo Magnetic Valuation on October 4, 2024

It is possible to determine the worth of Daebo Magnetic on a given historical date. On October 4, 2024 Daebo was worth 17620.0 at the beginning of the trading date compared to the closed value of 17200.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daebo Magnetic stock. Still, in general, we apply an absolute valuation method to find Daebo Magnetic'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 Daebo Magnetic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daebo Magnetic's related companies.
 Open High Low Close Volume
  17,360    17,900    17,270    17,620    19,967  
10/04/2024
  17,620    17,770    17,200    17,200    24,207  
  17,300    18,640    17,260    18,300    47,869  
Backtest Daebo Magnetic  |  Daebo Magnetic History  |  Daebo Magnetic Valuation   PreviousNext  
Open Value
17620.0
17,610
Downside
17200.0
Closing Value
17,630
Upside

Daebo Magnetic Trading Date Momentum on October 4, 2024

On October 07 2024 Daebo Magnetic CoLtd was traded for  18,300  at the closing time. The highest price during the trading period was 18,640  and the lowest recorded bid was listed for  17,260 . The volume for the day was 47.9 K. This history from October 7, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 6.40% . The overall trading delta to the current price is 3.43% .

Daebo Magnetic CoLtd Fundamentals Correlations and Trends

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

About Daebo Magnetic Stock history

Daebo Magnetic 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 Daebo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Daebo Magnetic 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 Daebo Magnetic stock prices may prove useful in developing a viable investing in Daebo Magnetic
,Ltd. manufactures and sells electro magnetic filters that are used for secondary battery material process and cell process. The company was founded in 1994 and is headquartered in Hwaseong, South Korea. DAE BO is traded on Korean Securities Dealers Automated Quotations in South Korea.

Daebo Magnetic Stock Technical Analysis

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

Daebo Magnetic Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Daebo Magnetic 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.

Daebo Magnetic December 1, 2024 Market Strength

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

Daebo Magnetic Technical and Predictive Indicators

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

When running Daebo Magnetic's price analysis, check to measure Daebo Magnetic'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 Daebo Magnetic is operating at the current time. Most of Daebo Magnetic's value examination focuses on studying past and present price action to predict the probability of Daebo Magnetic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daebo Magnetic's price. Additionally, you may evaluate how the addition of Daebo Magnetic to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
CEOs Directory
Screen CEOs from public companies around the world
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities