Dongbang Transport (Korea) Price on October 21, 2024
004140 Stock | 2,380 100.00 4.39% |
If you're considering investing in Dongbang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dongbang Transport stands at 2,380, as last reported on the 26th of November, with the highest price reaching 2,435 and the lowest price hitting 2,305 during the day. Dongbang Transport secures Sharpe Ratio (or Efficiency) of -0.0946, which denotes the company had a -0.0946% return per unit of risk over the last 3 months. Dongbang Transport Logistics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dongbang Transport's Variance of 5.1, mean deviation of 1.74, and Standard Deviation of 2.26 to check the risk estimate we provide.
Dongbang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dongbang |
Sharpe Ratio = -0.0946
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 004140 |
Estimated Market Risk
2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dongbang Transport 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 Dongbang Transport by adding Dongbang Transport to a well-diversified portfolio.
Dongbang Transport Valuation on October 21, 2024
It is possible to determine the worth of Dongbang Transport on a given historical date. On October 21, 2024 Dongbang was worth 2500.0 at the beginning of the trading date compared to the closed value of 2440.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dongbang Transport stock. Still, in general, we apply an absolute valuation method to find Dongbang Transport'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 Dongbang Transport where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dongbang Transport's related companies.
Open | High | Low | Close | Volume | |
2,485 | 2,510 | 2,390 | 2,465 | 546,941 | |
10/21/2024 | 2,500 | 2,500 | 2,440 | 2,440 | 289,377 |
2,425 | 2,455 | 2,365 | 2,370 | 473,366 |
Backtest Dongbang Transport | | | Dongbang Transport History | | | Dongbang Transport Valuation | Previous | Next |
Dongbang Transport Trading Date Momentum on October 21, 2024
On October 22 2024 Dongbang Transport Logistics was traded for 2,370 at the closing time. The highest price during the trading period was 2,455 and the lowest recorded bid was listed for 2,365 . The volume for the day was 473.4 K. This history from October 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.87% . The overall trading delta to the current price is 6.15% . |
About Dongbang Transport Stock history
Dongbang Transport 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 Dongbang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dongbang Transport 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 Dongbang Transport stock prices may prove useful in developing a viable investing in Dongbang Transport
Dongbang Transport Stock Technical Analysis
Dongbang Transport 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
Dongbang Transport Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Dongbang Transport Logistics 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.
Dongbang Transport November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Dongbang Transport stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dongbang Transport shares will generate the highest return on investment. By undertsting and applying Dongbang Transport stock market strength indicators, traders can identify Dongbang Transport Logistics entry and exit signals to maximize returns
Dongbang Transport Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dongbang Transport's price direction in advance. Along with the technical and fundamental analysis of Dongbang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dongbang 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 | (0.1) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (0.68) | |||
Treynor Ratio | 1.72 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Dongbang Stock analysis
When running Dongbang Transport's price analysis, check to measure Dongbang Transport'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 Dongbang Transport is operating at the current time. Most of Dongbang Transport's value examination focuses on studying past and present price action to predict the probability of Dongbang Transport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dongbang Transport's price. Additionally, you may evaluate how the addition of Dongbang Transport to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |