POSCO M (Korea) Price on November 14, 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, coefficient of variation of (2,746), and Risk Adjusted Performance of (0.02) 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.

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 14, 2024

It is possible to determine the worth of POSCO M on a given historical date. On November 14, 2024 POSCO was worth 14120.0 at the beginning of the trading date compared to the closed value of 13500.0. 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
  14,390    14,650    13,910    14,000    185,991  
11/14/2024
  14,120    14,270    13,500    13,500    188,274  
  13,300    13,560    12,590    13,350    234,242  
Backtest POSCO M  |  POSCO M History  |  POSCO M Valuation   PreviousNext  
Open Value
14120.0
14,110
Downside
13500.0
Closing Value
14,130
Upside

POSCO M Trading Date Momentum on November 14, 2024

On November 15 2024 POSCO M TECH Co was traded for  13,350  at the closing time. The highest price during the trading period was 13,560  and the lowest recorded bid was listed for  12,590 . The volume for the day was 234.2 K. This history from November 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.11% . The trading delta at closing time to the current price is 3.33% .

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

POSCO M Period Price Range

Low
November 27, 2024
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High

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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.

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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