Korea Shipbuilding (Korea) Price on November 28, 2023
| 009540 Stock | 204,500 7,000 3.31% |
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 Shipbuilding stands at 204,500, as last reported on the 30th of November, with the highest price reaching 212,500 and the lowest price hitting 203,000 during the day. Korea Shipbuilding appears to be very steady, given 3 months investment horizon. Korea Shipbuilding has Sharpe Ratio of 0.0912, which conveys that the firm had a 0.0912% return per unit of risk over the last 3 months. We have found thirty technical indicators for Korea Shipbuilding, which you can use to evaluate the volatility of the firm. Please exercise Korea Shipbuilding's Risk Adjusted Performance of 0.0447, downside deviation of 2.67, and Mean Deviation of 2.07 to check out if our risk estimates are consistent with your expectations.
Korea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Korea |
Sharpe Ratio = 0.0912
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Estimated Market Risk
| 2.72 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Korea Shipbuilding is performing at about 7% of its full potential. 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 Shipbuilding by adding it to a well-diversified portfolio.
Korea Shipbuilding Valuation on November 28, 2023
It is possible to determine the worth of Korea Shipbuilding on a given historical date. On November 28, 2023 Korea was worth 106900.0 at the beginning of the trading date compared to the closed value of 108000.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Korea Shipbuilding stock. Still, in general, we apply an absolute valuation method to find Korea Shipbuilding'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 Shipbuilding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Korea Shipbuilding's related companies.
| Open | High | Low | Close | Volume | |
| 103,400 | 106,000 | 101,400 | 106,000 | 191,008 | |
11/28/2023 | 106,900 | 109,100 | 105,800 | 108,000 | 199,417 |
| 108,300 | 108,700 | 105,900 | 107,500 | 148,750 |
| Backtest Korea Shipbuilding | | | Korea Shipbuilding History | | | Korea Shipbuilding Valuation | Previous | Next |
Korea Shipbuilding Trading Date Momentum on November 28, 2023
| On November 29 2023 Korea Shipbuilding Offshore was traded for 107,500 at the closing time. The highest price during the trading period was 108,700 and the lowest recorded bid was listed for 105,900 . The volume for the day was 148.8 K. This history from November 29, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.46% . The trading delta at closing time to the current price is 2.04% . |
Korea Shipbuilding Fundamentals Correlations and Trends
By evaluating Korea Shipbuilding'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 Shipbuilding'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 Shipbuilding Stock history
Korea Shipbuilding 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 Shipbuilding 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 Shipbuilding stock prices may prove useful in developing a viable investing in Korea Shipbuilding
Korea Shipbuilding Stock Technical Analysis
Korea Shipbuilding 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
Korea Shipbuilding Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Korea Shipbuilding Offshore 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 Shipbuilding November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Korea Shipbuilding 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 Shipbuilding shares will generate the highest return on investment. By undertsting and applying Korea Shipbuilding stock market strength indicators, traders can identify Korea Shipbuilding Offshore entry and exit signals to maximize returns
Korea Shipbuilding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Korea Shipbuilding'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.
| Risk Adjusted Performance | 0.0447 | |||
| Jensen Alpha | 0.0139 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1438 |
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| Volume Indicators |
Complementary Tools for Korea Stock analysis
When running Korea Shipbuilding's price analysis, check to measure Korea Shipbuilding'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 Shipbuilding is operating at the current time. Most of Korea Shipbuilding's value examination focuses on studying past and present price action to predict the probability of Korea Shipbuilding'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 Shipbuilding's price. Additionally, you may evaluate how the addition of Korea Shipbuilding to your portfolios can decrease your overall portfolio volatility.
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