DB HiTek (Korea) Price on April 3, 2024
000990 Stock | 33,100 1,400 4.42% |
If you're considering investing in 000990 Stock, it is important to understand the factors that can impact its price. As of today, the current price of DB HiTek stands at 33,100, as last reported on the 12th of December 2024, with the highest price reaching 35,750 and the lowest price hitting 32,750 during the day. DB HiTek retains Efficiency (Sharpe Ratio) of -0.0518, which denotes the company had a -0.0518% return per unit of price deviation over the last 3 months. DB HiTek exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DB HiTek's Market Risk Adjusted Performance of 7.74, standard deviation of 3.19, and Information Ratio of (0.12) to check the risk estimate we provide.
000990 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
000990 |
Sharpe Ratio = -0.0518
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Estimated Market Risk
3.25 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DB HiTek 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 DB HiTek by adding DB HiTek to a well-diversified portfolio.
DB HiTek Valuation on April 3, 2024
It is possible to determine the worth of DB HiTek on a given historical date. On April 3, 2024 000990 was worth 45850.0 at the beginning of the trading date compared to the closed value of 45150.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DB HiTek stock. Still, in general, we apply an absolute valuation method to find DB HiTek'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 DB HiTek where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DB HiTek's related companies.
Open | High | Low | Close | Volume | |
47,300 | 47,800 | 46,200 | 46,350 | 617,000 | |
04/03/2024 | 45,850 | 46,050 | 44,450 | 45,150 | 398,764 |
45,650 | 46,550 | 45,300 | 45,350 | 359,955 |
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DB HiTek Trading Date Momentum on April 3, 2024
On April 04 2024 DB HiTek Co was traded for 45,350 at the closing time. The highest price during the trading period was 46,550 and the lowest recorded bid was listed for 45,300 . The volume for the day was 360 K. This history from April 4, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.44% . The overall trading delta to the current price is 9.19% . |
DB HiTek Fundamentals Correlations and Trends
By evaluating DB HiTek's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among DB HiTek's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 000990 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DB HiTek Stock history
DB HiTek 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 000990 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DB HiTek 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 DB HiTek stock prices may prove useful in developing a viable investing in DB HiTek
DB HiTek Stock Technical Analysis
DB HiTek 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.
Price Boundaries
DB HiTek Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
DB HiTek Co cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock Exchange. 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.
DB HiTek December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how DB HiTek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DB HiTek shares will generate the highest return on investment. By undertsting and applying DB HiTek stock market strength indicators, traders can identify DB HiTek Co entry and exit signals to maximize returns
DB HiTek Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DB HiTek's price direction in advance. Along with the technical and fundamental analysis of 000990 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 000990 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.
Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.76) | |||
Treynor Ratio | 7.73 |
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Complementary Tools for 000990 Stock analysis
When running DB HiTek's price analysis, check to measure DB HiTek'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 DB HiTek is operating at the current time. Most of DB HiTek's value examination focuses on studying past and present price action to predict the probability of DB HiTek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DB HiTek's price. Additionally, you may evaluate how the addition of DB HiTek to your portfolios can decrease your overall portfolio volatility.
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