Ni Steel (Korea) Price on June 5, 2024
008260 Stock | 3,655 120.00 3.18% |
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 3,655, as last reported on the 30th of November, with the highest price reaching 3,775 and the lowest price hitting 3,645 during the day. Ni Steel retains Efficiency (Sharpe Ratio) of -0.057, which conveys that the firm had a -0.057% return per unit of price deviation over the last 3 months. Ni Steel exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Ni Steel's Mean Deviation of 1.31, information ratio of (0.11), and Market Risk Adjusted Performance of 0.4132 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.
008260 |
Sharpe Ratio = -0.057
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 008260 |
Estimated Market Risk
2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 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 June 5, 2024
It is possible to determine the worth of Ni Steel on a given historical date. On June 5, 2024 008260 was worth 4510.0 at the beginning of the trading date compared to the closed value of 4740.0. 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 | |
4,530 | 4,645 | 4,465 | 4,520 | 144,223 | |
06/05/2024 | 4,510 | 5,240 | 4,505 | 4,740 | 2,906,539 |
4,695 | 4,705 | 4,560 | 4,595 | 277,181 |
Backtest Ni Steel | | | Ni Steel History | | | Ni Steel Valuation | Previous | Next |
Ni Steel Trading Date Momentum on June 5, 2024
On June 07 2024 Ni Steel was traded for 4,595 at the closing time. The highest price during the trading period was 4,705 and the lowest recorded bid was listed for 4,560 . The volume for the day was 277.2 K. This history from June 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.06% . The trading delta at closing time to the current price is 6.12% . |
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.
Price Boundaries
Ni Steel Period Price Range
Low | November 30, 2024
| 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 November 30, 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.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | 0.4032 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |