Nongshim (Korea) Price on November 29, 2024

004370 Stock   344,000  4,000  1.15%   
If you're considering investing in Nongshim Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nongshim stands at 344,000, as last reported on the 2nd of December, with the highest price reaching 347,500 and the lowest price hitting 339,500 during the day. Nongshim has Sharpe Ratio of -0.0813, which conveys that the firm had a -0.0813% return per unit of risk over the last 3 months. Nongshim exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nongshim's Mean Deviation of 1.46, standard deviation of 2.12, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide.
  
Nongshim Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0813

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Estimated Market Risk

 2.21
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nongshim 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 Nongshim by adding Nongshim to a well-diversified portfolio.

Nongshim Valuation on November 29, 2024

It is possible to determine the worth of Nongshim on a given historical date. On November 29, 2024 Nongshim was worth 347000.0 at the beginning of the trading date compared to the closed value of 344000.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nongshim stock. Still, in general, we apply an absolute valuation method to find Nongshim'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 Nongshim where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nongshim's related companies.
 Open High Low Close Volume
  348,000    349,500    344,500    348,000    5,566  
11/29/2024
  347,000    347,500    339,500    344,000    12,378  
  347,000    347,500    339,500    344,000    0.00  
Backtest Nongshim  |  Nongshim History  |  Nongshim Valuation   PreviousNext  
Open Value
347000.0
346,993
Downside
344000.0
Closing Value
347,007
Upside

Nongshim Trading Date Momentum on November 29, 2024

On December 02 2024 Nongshim was traded for  344,000  at the closing time. The highest price during the trading period was 347,500  and the lowest recorded bid was listed for  339,500 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not cause price change. The trading delta at closing time to the current price is 0.87% .

Nongshim Fundamentals Correlations and Trends

By evaluating Nongshim'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 Nongshim's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nongshim financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nongshim Stock history

Nongshim 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 Nongshim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nongshim 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 Nongshim stock prices may prove useful in developing a viable investing in Nongshim

Nongshim Stock Technical Analysis

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

Price Boundaries

Nongshim Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nongshim 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.

Nongshim December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Nongshim stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nongshim shares will generate the highest return on investment. By undertsting and applying Nongshim stock market strength indicators, traders can identify Nongshim entry and exit signals to maximize returns

Nongshim Technical and Predictive Indicators

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

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