POSCO M (Korea) Price on November 6, 2024
009520 Stock | KRW 14,600 50.00 0.34% |
If you're considering investing in POSCO Stock, it is important to understand the factors that can impact its price. As of today, the current price of POSCO M stands at 14,600, as last reported on the 27th of November, with the highest price reaching 14,760 and the lowest price hitting 14,470 during the day. POSCO M TECH maintains Sharpe Ratio (i.e., Efficiency) of -0.0425, which implies the firm had a -0.0425% return per unit of standard deviation over the last 3 months. POSCO M TECH exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check POSCO M's Market Risk Adjusted Performance of 0.2932, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,746) to confirm the risk estimate we provide.
POSCO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
POSCO |
Sharpe Ratio = -0.0425
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Estimated Market Risk
3.38 actual daily | 30 70% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average POSCO M 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 POSCO M by adding POSCO M to a well-diversified portfolio.
POSCO M Valuation on November 6, 2024
It is possible to determine the worth of POSCO M on a given historical date. On November 6, 2024 POSCO was worth 17150.0 at the beginning of the trading date compared to the closed value of 16170.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of POSCO M stock. Still, in general, we apply an absolute valuation method to find POSCO M'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 POSCO M where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against POSCO M's related companies.
Open | High | Low | Close | Volume | |
16,500 | 17,250 | 16,440 | 16,900 | 215,343 | |
11/06/2024 | 17,150 | 17,150 | 16,080 | 16,170 | 200,359 |
16,180 | 16,350 | 15,720 | 15,960 | 175,180 |
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POSCO M Trading Date Momentum on November 6, 2024
On November 07 2024 POSCO M TECH Co was traded for 15,960 at the closing time. The highest price during the trading period was 16,350 and the lowest recorded bid was listed for 15,720 . The volume for the day was 175.2 K. This history from November 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.30% . The trading delta at closing time to the current price is 18.12% . |
POSCO M TECH Fundamentals Correlations and Trends
By evaluating POSCO M'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 POSCO M's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. POSCO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About POSCO M Stock history
POSCO M 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 POSCO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in POSCO M TECH 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 POSCO M stock prices may prove useful in developing a viable investing in POSCO M
Posco M-Tech Co., Ltd. operates as a steel material-specialized company. The company was founded in 1973 and is headquartered in Pohang, South Korea. POSCO M is traded on Korean Securities Dealers Automated Quotations in South Korea.
POSCO M Stock Technical Analysis
POSCO M 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
POSCO M Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
POSCO M TECH Co 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.
POSCO M November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how POSCO M stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading POSCO M shares will generate the highest return on investment. By undertsting and applying POSCO M stock market strength indicators, traders can identify POSCO M TECH Co entry and exit signals to maximize returns
POSCO M Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for POSCO M's price direction in advance. Along with the technical and fundamental analysis of POSCO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of POSCO 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 | (0.02) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.64) | |||
Treynor Ratio | 0.2832 |
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Complementary Tools for POSCO Stock analysis
When running POSCO M's price analysis, check to measure POSCO M'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 POSCO M is operating at the current time. Most of POSCO M's value examination focuses on studying past and present price action to predict the probability of POSCO M's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POSCO M's price. Additionally, you may evaluate how the addition of POSCO M to your portfolios can decrease your overall portfolio volatility.
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