Formetal (Korea) Price History

119500 Stock  KRW 3,005  25.00  0.84%   
If you're considering investing in Formetal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Formetal stands at 3,005, as last reported on the 11th of December 2024, with the highest price reaching 3,210 and the lowest price hitting 2,865 during the day. Formetal appears to be very steady, given 3 months investment horizon. Formetal secures Sharpe Ratio (or Efficiency) of 0.0942, which denotes the company had a 0.0942% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Formetal Co, which you can use to evaluate the volatility of the firm. Please utilize Formetal's Downside Deviation of 1.94, mean deviation of 1.54, and Coefficient Of Variation of 1830.41 to check if our risk estimates are consistent with your expectations.
  
Formetal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0942

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Average Returns
Small Returns119500
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Estimated Market Risk

 2.47
  actual daily
21
79% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Formetal is performing at about 7% 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 Formetal by adding it to a well-diversified portfolio.

Formetal Stock Price History Chart

There are several ways to analyze Formetal Stock price data. The simplest method is using a basic Formetal candlestick price chart, which shows Formetal price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceDecember 10, 20243005.0
Lowest PriceDecember 2, 20242510.0

Formetal December 11, 2024 Stock Price Synopsis

Various analyses of Formetal's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Formetal Stock. It can be used to describe the percentage change in the price of Formetal from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Formetal Stock.
Formetal Price Rate Of Daily Change 1.01 
Formetal Market Facilitation Index 0.0005 
Formetal Price Daily Balance Of Power 0.07 
Formetal Price Action Indicator(20.00)
Formetal Accumulation Distribution 79,164 

Formetal December 11, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Formetal Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Formetal intraday prices and daily technical indicators to check the level of noise trading in Formetal Stock and then apply it to test your longer-term investment strategies against Formetal.

Formetal Stock Price History Data

The price series of Formetal for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 has a statistical range of 495.0 with a coefficient of variation of 3.75. The prices are distributed with arithmetic mean of 2775.3. The median price for the last 90 days is 2780.0. The company had 2:1 stock split on 19th of October 2012.
OpenHighLowCloseVolume
12/10/2024 2,950  3,210  2,865  3,005  736,568 
12/09/2024 2,640  3,225  2,620  2,980  1,628,377 
12/06/2024 2,655  2,855  2,615  2,705  338,758 
12/05/2024 2,705  2,710  2,620  2,655  95,413 
12/04/2024 2,460  2,940  2,440  2,750  1,036,322 
12/03/2024 2,510  2,550  2,495  2,510  52,931 
12/02/2024 2,615  2,615  2,455  2,510  186,813 
11/29/2024 2,665  2,675  2,610  2,615  43,854 
11/28/2024 2,645  2,690  2,625  2,660  11,218 
11/27/2024 2,700  2,735  2,630  2,645  56,407 
11/26/2024 2,695  2,715  2,640  2,690  60,208 
11/25/2024 2,800  2,810  2,665  2,695  106,876 
11/22/2024 2,760  2,890  2,760  2,780  27,494 
11/21/2024 2,780  2,875  2,755  2,780  19,256 
11/20/2024 2,785  2,800  2,730  2,770  32,803 
11/19/2024 2,740  2,810  2,735  2,765  23,064 
11/18/2024 2,755  2,785  2,715  2,765  23,963 
11/15/2024 2,665  2,765  2,610  2,760  43,135 
11/14/2024 2,655  2,705  2,630  2,635  47,348 
11/13/2024 2,725  2,740  2,640  2,675  91,276 
11/12/2024 2,800  2,810  2,710  2,725  84,404 
11/11/2024 2,865  2,880  2,770  2,800  37,197 
11/08/2024 2,895  2,910  2,855  2,865  17,448 
11/07/2024 2,900  2,920  2,850  2,905  23,256 
11/06/2024 2,895  2,920  2,855  2,890  35,564 
11/05/2024 2,880  2,930  2,875  2,880  23,137 
11/04/2024 2,855  2,920  2,840  2,910  34,240 
11/01/2024 2,900  2,930  2,860  2,870  30,946 
10/31/2024 2,865  2,945  2,835  2,900  70,469 
10/30/2024 2,830  2,885  2,785  2,870  52,155 
10/29/2024 2,815  2,830  2,785  2,825  26,205 
10/28/2024 2,830  2,845  2,755  2,795  59,148 
10/25/2024 2,875  2,900  2,815  2,830  123,852 
10/24/2024 2,895  2,930  2,810  2,900  73,095 
10/23/2024 2,900  3,030  2,865  2,905  403,961 
10/22/2024 2,760  3,035  2,730  2,900  581,914 
10/21/2024 2,740  2,780  2,740  2,760  18,536 
10/18/2024 2,765  2,765  2,715  2,740  13,385 
10/17/2024 2,755  2,785  2,745  2,755  22,272 
10/16/2024 2,820  2,845  2,720  2,785  48,906 
10/15/2024 2,830  2,860  2,810  2,850  22,033 
10/14/2024 2,870  2,880  2,785  2,860  60,480 
10/11/2024 2,820  2,820  2,780  2,810  10,271 
10/10/2024 2,840  2,855  2,790  2,810  20,676 
10/08/2024 2,870  2,880  2,795  2,840  38,751 
10/07/2024 2,840  2,870  2,830  2,865  23,935 
10/04/2024 2,840  2,860  2,835  2,840  16,224 
10/02/2024 2,860  2,890  2,825  2,840  48,589 
09/30/2024 2,880  2,890  2,835  2,850  36,835 
09/27/2024 2,870  2,900  2,830  2,875  30,032 
09/26/2024 2,845  2,880  2,830  2,870  15,102 
09/25/2024 2,805  2,890  2,795  2,860  33,147 
09/24/2024 2,755  2,805  2,745  2,805  14,215 
09/23/2024 2,730  2,760  2,705  2,750  35,017 
09/20/2024 2,730  2,755  2,695  2,730  55,617 
09/19/2024 2,710  2,720  2,685  2,720  36,790 
09/13/2024 2,670  2,695  2,650  2,690  40,025 
09/12/2024 2,640  2,670  2,620  2,670  36,774 
09/11/2024 2,680  2,690  2,600  2,610  50,628 
09/10/2024 2,670  2,705  2,650  2,680  20,755 
09/09/2024 2,610  2,685  2,590  2,670  58,774 

About Formetal Stock history

Formetal 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 Formetal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Formetal 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 Formetal stock prices may prove useful in developing a viable investing in Formetal
Formetal Co., Ltd. operates as a metal forging company in Korea. Formetal Co., Ltd. was founded in 1969 and is based in Seosan, South Korea. FORMETAL is traded on Korean Securities Dealers Automated Quotations in South Korea.

Formetal Stock Technical Analysis

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

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Formetal Technical and Predictive Indicators

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

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