487950 (Korea) Price on October 2, 2024
| 487950 Etf | 9,405 55.00 0.58% |
If you're considering investing in 487950 Etf, it is important to understand the factors that can impact its price. As of today, the current price of 487950 stands at 9,405, as last reported on the 23rd of December, with the highest price reaching 9,500 and the lowest price hitting 9,405 during the day. At this point, 487950 is very steady. 487950 retains Efficiency (Sharpe Ratio) of 0.0349, which signifies that the etf had a 0.0349% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for 487950, which you can use to evaluate the volatility of the entity. Please confirm 487950's Standard Deviation of 1.66, coefficient of variation of 3043.65, and Market Risk Adjusted Performance of 0.3754 to double-check if the risk estimate we provide is consistent with the expected return of 0.0597%.
487950 Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
487950 |
Sharpe Ratio = 0.0349
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| Cash | Small Risk | 487950 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average 487950 is performing at about 2% 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 487950 by adding it to a well-diversified portfolio.
487950 Valuation on October 2, 2024
It is possible to determine the worth of 487950 on a given historical date. On October 2, 2024 487950 was worth 9321.32 at the beginning of the trading date compared to the closed value of 9168.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 487950 etf. Still, in general, we apply an absolute valuation method to find 487950'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 487950 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 487950's related companies.
| Open | High | Low | Close | Volume | |
| 9,277 | 9,277 | 9,045 | 9,045 | 4,849 | |
10/02/2024 | 9,321 | 9,321 | 9,109 | 9,168 | 1,263 |
| 9,321 | 9,321 | 9,139 | 9,139 | 7,390 |
| Backtest 487950 | | | 487950 History | Previous | Next |
487950 Trading Date Momentum on October 2, 2024
| On October 04 2024 487950 was traded for 9,139 at the closing time. The highest price during the trading period was 9,321 and the lowest recorded bid was listed for 9,139 . The volume for the day was 7.4 K. This history from October 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.32% . The daily price change to the current price is 2.15% . |
Price Boundaries
487950 Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
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487950 December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how 487950 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 487950 shares will generate the highest return on investment. By undertsting and applying 487950 etf market strength indicators, traders can identify 487950 entry and exit signals to maximize returns
487950 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 487950's price direction in advance. Along with the technical and fundamental analysis of 487950 Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 487950 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.