456680 (Korea) Price on December 20, 2024
| 456680 Etf | 6,210 205.00 3.41% |
If you're considering investing in 456680 Etf, it is important to understand the factors that can impact its price. As of today, the current price of 456680 stands at 6,210, as last reported on the 24th of December, with the highest price reaching 6,210 and the lowest price hitting 5,885 during the day. 456680 appears to be very steady, given 3 months investment horizon. 456680 retains Efficiency (Sharpe Ratio) of 0.16, which signifies that the etf had a 0.16% return per unit of price deviation over the last 3 months. By evaluating 456680's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please makes use of 456680's Market Risk Adjusted Performance of (62.87), coefficient of variation of 488.85, and Standard Deviation of 5.03 to double-check if our risk estimates are consistent with your expectations.
456680 Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
456680 |
Sharpe Ratio = 0.1579
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Estimated Market Risk
| 5.07 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.8 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average 456680 is performing at about 12% of its full potential. 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 456680 by adding it to a well-diversified portfolio.
456680 Valuation on December 20, 2024
It is possible to determine the worth of 456680 on a given historical date. On December 20, 2024 456680 was worth 6200.0 at the beginning of the trading date compared to the closed value of 6085.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 456680 etf. Still, in general, we apply an absolute valuation method to find 456680'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 456680 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 456680's related companies.
| Open | High | Low | Close | Volume | |
| 6,020 | 6,200 | 5,925 | 6,200 | 66,111 | |
12/20/2024 | 6,200 | 6,230 | 6,005 | 6,085 | 27,534 |
| 6,095 | 6,150 | 5,990 | 6,005 | 62,879 |
| Backtest 456680 | | | 456680 History | Previous | Next |
456680 Trading Date Momentum on December 20, 2024
| On December 23 2024 456680 was traded for 6,005 at the closing time. The highest price during the trading period was 6,150 and the lowest recorded bid was listed for 5,990 . The volume for the day was 62.9 K. This history from December 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.31% . The daily price change to the current price is 1.31% . |
Price Boundaries
456680 Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
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456680 December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how 456680 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 456680 shares will generate the highest return on investment. By undertsting and applying 456680 etf market strength indicators, traders can identify 456680 entry and exit signals to maximize returns
456680 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 456680's price direction in advance. Along with the technical and fundamental analysis of 456680 Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 456680 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.