Ni Steel (Korea) Price on March 15, 2024

008260 Stock   3,530  155.00  4.59%   
If you're considering investing in 008260 Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ni Steel stands at 3,530, as last reported on the 11th of December 2024, with the highest price reaching 3,530 and the lowest price hitting 3,380 during the day. Ni Steel retains Efficiency (Sharpe Ratio) of -0.0868, which conveys that the firm had a -0.0868% return per unit of price deviation over the last 3 months. Ni Steel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Ni Steel's Information Ratio of (0.13), market risk adjusted performance of 0.5646, and Mean Deviation of 1.41 to check out the risk estimate we provide.
  
008260 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0868

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns008260

Estimated Market Risk

 2.41
  actual daily
21
79% 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 Ni Steel 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 Ni Steel by adding Ni Steel to a well-diversified portfolio.

Ni Steel Valuation on March 15, 2024

It is possible to determine the worth of Ni Steel on a given historical date. On March 15, 2024 008260 was worth 5060.0 at the beginning of the trading date compared to the closed value of 4905.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ni Steel stock. Still, in general, we apply an absolute valuation method to find Ni Steel'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 Ni Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ni Steel's related companies.
 Open High Low Close Volume
  4,970    5,010    4,955    5,010    34,851  
03/15/2024
  5,060    5,060    4,880    4,905    129,745  
  4,940    4,945    4,875    4,915    55,798  
Backtest Ni Steel  |  Ni Steel History  |  Ni Steel Valuation   PreviousNext  
Open Value
5060.0
4905.0
Closing Value
5,067
Upside

Ni Steel Trading Date Momentum on March 15, 2024

On March 18 2024 Ni Steel was traded for  4,915  at the closing time. The highest price during the trading period was 4,945  and the lowest recorded bid was listed for  4,875 . The volume for the day was 55.8 K. This history from March 18, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.20% . The trading delta at closing time to the current price is 4.08% .

Ni Steel Fundamentals Correlations and Trends

By evaluating Ni Steel'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 Ni Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 008260 financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ni Steel Stock history

Ni Steel 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 008260 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ni Steel 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 Ni Steel stock prices may prove useful in developing a viable investing in Ni Steel

Ni Steel Stock Technical Analysis

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

Ni Steel Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Ni Steel 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.

Ni Steel December 11, 2024 Market Strength

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

Ni Steel Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ni Steel's price direction in advance. Along with the technical and fundamental analysis of 008260 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 008260 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 008260 Stock analysis

When running Ni Steel's price analysis, check to measure Ni Steel'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 Ni Steel is operating at the current time. Most of Ni Steel's value examination focuses on studying past and present price action to predict the probability of Ni Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ni Steel's price. Additionally, you may evaluate how the addition of Ni Steel to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins