Innometry (Korea) Price on January 4, 2024

302430 Stock  KRW 7,620  30.00  0.39%   
If you're considering investing in Innometry Stock, it is important to understand the factors that can impact its price. As of today, the current price of Innometry stands at 7,620, as last reported on the 13th of December 2024, with the highest price reaching 7,700 and the lowest price hitting 7,510 during the day. Innometry holds Efficiency (Sharpe) Ratio of -0.24, which attests that the entity had a -0.24% return per unit of risk over the last 3 months. Innometry exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Innometry's Market Risk Adjusted Performance of (7.15), standard deviation of 2.75, and Risk Adjusted Performance of (0.11) to validate the risk estimate we provide.
  
Innometry Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2378

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns302430

Estimated Market Risk

 2.67
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.63
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.24
  actual daily
0
Most of other assets perform better
Based on monthly moving average Innometry 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 Innometry by adding Innometry to a well-diversified portfolio.

Innometry Valuation on January 4, 2024

It is possible to determine the worth of Innometry on a given historical date. On January 4, 2024 Innometry was worth 11250.0 at the beginning of the trading date compared to the closed value of 11200.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innometry stock. Still, in general, we apply an absolute valuation method to find Innometry'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 Innometry where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innometry's related companies.
 Open High Low Close Volume
  11,600    11,600    11,360    11,390    26,668  
01/04/2024
  11,250    11,440    11,100    11,200    30,550  
  11,350    11,490    11,170    11,350    34,463  
Backtest Innometry  |  Innometry History  |  Innometry Valuation   PreviousNext  
Open Value
11250.0
11,242
Downside
11200.0
Closing Value
11,258
Upside

Innometry Trading Date Momentum on January 4, 2024

On January 05 2024 Innometry Co was traded for  11,350  at the closing time. The highest price during the trading period was 11,490  and the lowest recorded bid was listed for  11,170 . The volume for the day was 34.5 K. This history from January 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.34% . The trading delta at closing time to the current price is 1.61% .

Innometry Fundamentals Correlations and Trends

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

About Innometry Stock history

Innometry 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 Innometry is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Innometry 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 Innometry stock prices may prove useful in developing a viable investing in Innometry
Innometry Co., Ltd. manufactures and sells X-ray inspection systems in South Korea. The company was founded in 2008 and is headquartered in Hwaseong, South Korea. INNOMETRY is traded on Korean Securities Dealers Automated Quotations in South Korea.

Innometry Stock Technical Analysis

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

Innometry Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Innometry 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.

Innometry December 13, 2024 Market Strength

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

Innometry Technical and Predictive Indicators

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

When running Innometry's price analysis, check to measure Innometry'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 Innometry is operating at the current time. Most of Innometry's value examination focuses on studying past and present price action to predict the probability of Innometry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innometry's price. Additionally, you may evaluate how the addition of Innometry to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Bonds Directory
Find actively traded corporate debentures issued by US companies
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance