Prestige Biologics (Korea) Price on February 20, 2023

334970 Stock  KRW 4,505  310.00  6.44%   
If you're considering investing in Prestige Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prestige Biologics stands at 4,505, as last reported on the 23rd of December, with the highest price reaching 4,860 and the lowest price hitting 4,505 during the day. Prestige Biologics maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the firm had a -0.1% return per unit of risk over the last 3 months. Prestige Biologics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prestige Biologics' Variance of 18.32, coefficient of variation of (1,358), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
  
Prestige Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1038

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Negative Returns334970

Estimated Market Risk

 4.23
  actual daily
37
63% of assets are more volatile

Expected Return

 -0.44
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Prestige Biologics 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 Prestige Biologics by adding Prestige Biologics to a well-diversified portfolio.

Prestige Biologics Valuation on February 20, 2023

It is possible to determine the worth of Prestige Biologics on a given historical date. On February 20, 2023 Prestige was worth 3355.0 at the beginning of the trading date compared to the closed value of 3320.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prestige Biologics stock. Still, in general, we apply an absolute valuation method to find Prestige Biologics' 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 Prestige Biologics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prestige Biologics' related companies.
 Open High Low Close Volume
  3,305    3,355    3,210    3,275    381,427  
02/20/2023
  3,355    3,360    3,220    3,320    300,658  
  3,325    3,350    3,285    3,330    154,958  
Backtest Prestige Biologics  |  Prestige Biologics History  |  Prestige Biologics Valuation   PreviousNext  
Open Value
3355.0
3320.0
Closing Value
3,368
Upside

Prestige Biologics Trading Date Momentum on February 20, 2023

On February 21 2023 Prestige Biologics Co was traded for  3,330  at the closing time. The highest price during the trading period was 3,350  and the lowest recorded bid was listed for  3,285 . The volume for the day was 155 K. This history from February 21, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.30% . The trading delta at closing time to the current price is 2.41% .

Prestige Biologics Fundamentals Correlations and Trends

By evaluating Prestige Biologics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Prestige Biologics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prestige financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Prestige Biologics Stock history

Prestige Biologics 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 Prestige is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prestige Biologics 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 Prestige Biologics stock prices may prove useful in developing a viable investing in Prestige Biologics
Prestige Biologics Co., Ltd. specializes in the development and production of biologic agents and biosimilars. The company was founded in 2015 and is based in Cheongju-si, South Korea. Prestige Biologics is traded on Korean Securities Dealers Automated Quotations in South Korea.

Prestige Biologics Stock Technical Analysis

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

Prestige Biologics Period Price Range

Low
December 23, 2024
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High

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Prestige Biologics 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.

Prestige Biologics December 23, 2024 Market Strength

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

Prestige Biologics Technical and Predictive Indicators

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

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