Korean Air (Korea) Price on September 25, 2024
| 003490 Stock | 24,300 200.00 0.82% |
If you're considering investing in Korean Stock, it is important to understand the factors that can impact its price. As of today, the current price of Korean Air stands at 24,300, as last reported on the 23rd of November, with the highest price reaching 24,600 and the lowest price hitting 24,050 during the day. At this point, Korean Air is very steady. Korean Air Lines has Sharpe Ratio of 0.0933, which conveys that the firm had a 0.0933% return per unit of risk over the last 3 months. We have found thirty technical indicators for Korean Air, which you can use to evaluate the volatility of the firm. Please verify Korean Air's Risk Adjusted Performance of 0.1421, downside deviation of 1.23, and Mean Deviation of 1.11 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
Korean Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Korean |
Sharpe Ratio = 0.0933
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Estimated Market Risk
| 1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Korean Air 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 Korean Air by adding it to a well-diversified portfolio.
Korean Air Valuation on September 25, 2024
It is possible to determine the worth of Korean Air on a given historical date. On September 25, 2024 Korean was worth 22700.0 at the beginning of the trading date compared to the closed value of 22450.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Korean Air stock. Still, in general, we apply an absolute valuation method to find Korean Air'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 Korean Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Korean Air's related companies.
| Open | High | Low | Close | Volume | |
| 22,300 | 22,500 | 22,200 | 22,500 | 686,036 | |
09/25/2024 | 22,700 | 22,850 | 22,450 | 22,450 | 834,631 |
| 22,500 | 22,700 | 22,450 | 22,700 | 738,561 |
| Backtest Korean Air | | | Korean Air History | | | Korean Air Valuation | Previous | Next |
Korean Air Trading Date Momentum on September 25, 2024
| On September 26 2024 Korean Air Lines was traded for 22,700 at the closing time. The highest price during the trading period was 22,700 and the lowest recorded bid was listed for 22,450 . The volume for the day was 738.6 K. This history from September 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.11% . The trading delta at closing time to the current price is 3.56% . |
Korean Air Lines Fundamentals Correlations and Trends
By evaluating Korean Air'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 Korean Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Korean financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Korean Air Stock history
Korean Air 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 Korean is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Korean Air Lines 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 Korean Air stock prices may prove useful in developing a viable investing in Korean Air
Korean Air Stock Technical Analysis
Korean Air 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
Korean Air Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Korean Air Lines 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.
Korean Air November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Korean Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Korean Air shares will generate the highest return on investment. By undertsting and applying Korean Air stock market strength indicators, traders can identify Korean Air Lines entry and exit signals to maximize returns
Korean Air Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Korean Air's price direction in advance. Along with the technical and fundamental analysis of Korean Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Korean 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 | 0.1421 | |||
| Jensen Alpha | 0.2442 | |||
| Total Risk Alpha | 0.0209 | |||
| Sortino Ratio | 0.0991 | |||
| Treynor Ratio | (23.82) |
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| Volume Indicators |
Complementary Tools for Korean Stock analysis
When running Korean Air's price analysis, check to measure Korean Air'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 Korean Air is operating at the current time. Most of Korean Air's value examination focuses on studying past and present price action to predict the probability of Korean Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korean Air's price. Additionally, you may evaluate how the addition of Korean Air to your portfolios can decrease your overall portfolio volatility.
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