489570 (Korea) Price on December 5, 2024
| 489570 Etf | 10,080 10.00 0.1% |
If you're considering investing in 489570 Etf, it is important to understand the factors that can impact its price. As of today, the current price of 489570 stands at 10,080, as last reported on the 23rd of December, with the highest price reaching 10,080 and the lowest price hitting 10,065 during the day. At this point, 489570 is very steady. 489570 retains Efficiency (Sharpe Ratio) of 0.22, which signifies that the etf had a 0.22% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for 489570, which you can use to evaluate the volatility of the entity. Please confirm 489570's Variance of 0.0049, standard deviation of 0.0703, and Market Risk Adjusted Performance of 0.2406 to double-check if the risk estimate we provide is consistent with the expected return of 0.0152%.
489570 Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
489570 |
Sharpe Ratio = 0.2183
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Based on monthly moving average 489570 is performing at about 17% 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 489570 by adding it to a well-diversified portfolio.
489570 Valuation on December 5, 2024
It is possible to determine the worth of 489570 on a given historical date. On December 5, 2024 489570 was worth 10065.0 at the beginning of the trading date compared to the closed value of 10065.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 489570 etf. Still, in general, we apply an absolute valuation method to find 489570'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 489570 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 489570's related companies.
| Open | High | Low | Close | Volume | |
| 10,055 | 10,055 | 10,055 | 10,055 | 987.00 | |
12/05/2024 | 10,065 | 10,070 | 10,065 | 10,065 | 9,478 |
| 10,065 | 10,070 | 10,065 | 10,070 | 1,004 |
| Backtest 489570 | | | 489570 History | Previous | Next |
489570 Trading Date Momentum on December 5, 2024
| On December 06 2024 489570 was traded for 10,070 at the closing time. The highest price during the trading period was 10,070 and the lowest recorded bid was listed for 10,065 . The volume for the day was 1 K. This history from December 6, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.05% . The daily price change to the current price is 0.10% . |
Price Boundaries
489570 Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
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489570 December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how 489570 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 489570 shares will generate the highest return on investment. By undertsting and applying 489570 etf market strength indicators, traders can identify 489570 entry and exit signals to maximize returns
489570 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 489570's price direction in advance. Along with the technical and fundamental analysis of 489570 Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 489570 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.