Korea Petro (Korea) Price on May 15, 2023

006650 Stock   80,500  5,600  6.50%   
If you're considering investing in Korea Stock, it is important to understand the factors that can impact its price. As of today, the current price of Korea Petro stands at 80,500, as last reported on the 30th of November, with the highest price reaching 86,900 and the lowest price hitting 79,600 during the day. Korea Petro Chemical has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Korea Petro exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Korea Petro's Standard Deviation of 3.14, mean deviation of 2.4, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide.
  
Korea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1088

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Estimated Market Risk

 3.3
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.36
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Korea Petro 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 Korea Petro by adding Korea Petro to a well-diversified portfolio.

Korea Petro Valuation on May 15, 2023

It is possible to determine the worth of Korea Petro on a given historical date. On May 15, 2023 Korea was worth 136608.0 at the beginning of the trading date compared to the closed value of 137005.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Korea Petro stock. Still, in general, we apply an absolute valuation method to find Korea Petro'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 Korea Petro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Korea Petro's related companies.
 Open High Low Close Volume
  141,377    141,377    138,098    138,297    28,767  
05/15/2023
  136,608    140,681    132,435    137,005    46,109  
  137,204    139,986    136,608    137,701    22,161  
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Open Value
136608.0
136,598
Downside
137005.0
Closing Value
136,618
Upside

Korea Petro Trading Date Momentum on May 15, 2023

On May 16 2023 Korea Petro Chemical was traded for  137,701  at the closing time. The highest price during the trading period was 139,986  and the lowest recorded bid was listed for  136,608 . The volume for the day was 22.2 K. This history from May 16, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.51% . The trading delta at closing time to the current price is 4.06% .

Korea Petro Chemical Fundamentals Correlations and Trends

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

About Korea Petro Stock history

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

Korea Petro Stock Technical Analysis

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

Korea Petro Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Korea Petro Chemical 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.

Korea Petro November 30, 2024 Market Strength

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

Korea Petro Technical and Predictive Indicators

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

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