Korean Reinsurance (Korea) Price on October 4, 2023
| 003690 Stock | 8,030 130.00 1.65% |
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 Reinsurance stands at 8,030, as last reported on the 27th of November, with the highest price reaching 8,060 and the lowest price hitting 7,850 during the day. Korean Reinsurance appears to be very steady, given 3 months investment horizon. Korean Reinsurance has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Korean Reinsurance, which you can use to evaluate the volatility of the firm. Please exercise Korean Reinsurance's Mean Deviation of 1.15, risk adjusted performance of 0.0689, and Downside Deviation of 1.24 to check out if our risk estimates are consistent with your expectations.
Korean Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Korean |
Sharpe Ratio = 0.1416
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 003690 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Korean Reinsurance is performing at about 11% 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 Reinsurance by adding it to a well-diversified portfolio.
Korean Reinsurance Valuation on October 4, 2023
It is possible to determine the worth of Korean Reinsurance on a given historical date. On October 4, 2023 Korean was worth 5305.81 at the beginning of the trading date compared to the closed value of 5305.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Korean Reinsurance stock. Still, in general, we apply an absolute valuation method to find Korean Reinsurance'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 Reinsurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Korean Reinsurance's related companies.
| Open | High | Low | Close | Volume | |
| 5,358 | 5,364 | 5,260 | 5,351 | 360,618 | |
10/04/2023 | 5,306 | 5,384 | 5,260 | 5,306 | 461,687 |
| 5,371 | 5,566 | 5,345 | 5,540 | 883,675 |
| Backtest Korean Reinsurance | | | Korean Reinsurance History | | | Korean Reinsurance Valuation | Previous | Next |
Korean Reinsurance Trading Date Momentum on October 4, 2023
| On October 05 2023 Korean Reinsurance Co was traded for 5,540 at the closing time. The highest price during the trading period was 5,566 and the lowest recorded bid was listed for 5,345 . The volume for the day was 883.7 K. This history from October 5, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 4.41% . The trading delta at closing time to the current price is 5.63% . |
About Korean Reinsurance Stock history
Korean Reinsurance 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 Reinsurance 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 Reinsurance stock prices may prove useful in developing a viable investing in Korean Reinsurance
Korean Reinsurance Stock Technical Analysis
Korean Reinsurance 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 Reinsurance Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Korean Reinsurance Co cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. 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 Reinsurance November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Korean Reinsurance 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 Reinsurance shares will generate the highest return on investment. By undertsting and applying Korean Reinsurance stock market strength indicators, traders can identify Korean Reinsurance Co entry and exit signals to maximize returns
Korean Reinsurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Korean Reinsurance'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 | 0.0689 | |||
| Jensen Alpha | 0.1349 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.64) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Korean Stock analysis
When running Korean Reinsurance's price analysis, check to measure Korean Reinsurance'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 Reinsurance is operating at the current time. Most of Korean Reinsurance's value examination focuses on studying past and present price action to predict the probability of Korean Reinsurance'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 Reinsurance's price. Additionally, you may evaluate how the addition of Korean Reinsurance to your portfolios can decrease your overall portfolio volatility.
| CEOs Directory Screen CEOs from public companies around the world | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |