Myoung Shin (Korea) Price on October 16, 2024
| 009900 Stock | 11,580 430.00 3.58% |
If you're considering investing in Myoung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Myoung Shin stands at 11,580, as last reported on the 29th of November, with the highest price reaching 12,050 and the lowest price hitting 11,450 during the day. At this point, Myoung Shin is very steady. Myoung Shin Industrial has Sharpe Ratio of 0.0446, which conveys that the firm had a 0.0446% return per unit of risk over the last 3 months. We have found thirty technical indicators for Myoung Shin, which you can use to evaluate the volatility of the firm. Please verify Myoung Shin's Risk Adjusted Performance of 0.0169, downside deviation of 3.1, and Mean Deviation of 2.27 to check out if the risk estimate we provide is consistent with the expected return of 0.15%.
Myoung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Myoung |
Sharpe Ratio = 0.0446
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Estimated Market Risk
| 3.41 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Myoung Shin is performing at about 3% 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 Myoung Shin by adding it to a well-diversified portfolio.
Myoung Shin Valuation on October 16, 2024
It is possible to determine the worth of Myoung Shin on a given historical date. On October 16, 2024 Myoung was worth 12270.0 at the beginning of the trading date compared to the closed value of 12320.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Myoung Shin stock. Still, in general, we apply an absolute valuation method to find Myoung Shin'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 Myoung Shin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Myoung Shin's related companies.
| Open | High | Low | Close | Volume | |
| 12,590 | 12,720 | 12,370 | 12,420 | 47,640 | |
10/16/2024 | 12,270 | 12,500 | 12,140 | 12,320 | 67,226 |
| 12,410 | 12,410 | 12,110 | 12,130 | 67,026 |
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Myoung Shin Trading Date Momentum on October 16, 2024
| On October 17 2024 Myoung Shin Industrial was traded for 12,130 at the closing time. The highest price during the trading period was 12,410 and the lowest recorded bid was listed for 12,110 . The volume for the day was 67 K. This history from October 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.54% . The trading delta at closing time to the current price is 6.17% . |
Myoung Shin Industrial Fundamentals Correlations and Trends
By evaluating Myoung Shin'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 Myoung Shin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Myoung financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Myoung Shin Stock history
Myoung Shin 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 Myoung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Myoung Shin Industrial 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 Myoung Shin stock prices may prove useful in developing a viable investing in Myoung Shin
Myoung Shin Stock Technical Analysis
Myoung Shin 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
Myoung Shin Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Myoung Shin Industrial 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.
Myoung Shin November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Myoung Shin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Myoung Shin shares will generate the highest return on investment. By undertsting and applying Myoung Shin stock market strength indicators, traders can identify Myoung Shin Industrial entry and exit signals to maximize returns
Myoung Shin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Myoung Shin's price direction in advance. Along with the technical and fundamental analysis of Myoung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Myoung 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 | 0.0169 | |||
| Jensen Alpha | 0.0152 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.2423 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Myoung Stock analysis
When running Myoung Shin's price analysis, check to measure Myoung Shin'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 Myoung Shin is operating at the current time. Most of Myoung Shin's value examination focuses on studying past and present price action to predict the probability of Myoung Shin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Myoung Shin's price. Additionally, you may evaluate how the addition of Myoung Shin to your portfolios can decrease your overall portfolio volatility.
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