Korea Refract (Korea) Price on November 27, 2023
010040 Stock | 2,135 35.00 1.67% |
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 Refract stands at 2,135, as last reported on the 23rd of November, with the highest price reaching 2,170 and the lowest price hitting 2,100 during the day. Korea Refract has Sharpe Ratio of -0.0844, which conveys that the firm had a -0.0844% return per unit of risk over the last 3 months. Korea Refract exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Korea Refract's Standard Deviation of 1.51, risk adjusted performance of (0.08), and Mean Deviation of 1.13 to check out the risk estimate we provide.
Korea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Korea |
Sharpe Ratio = -0.0844
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Negative Returns | 010040 |
Estimated Market Risk
1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Korea Refract 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 Korea Refract by adding Korea Refract to a well-diversified portfolio.
Korea Refract Valuation on November 27, 2023
It is possible to determine the worth of Korea Refract on a given historical date. On November 27, 2023 Korea was worth 3014.25 at the beginning of the trading date compared to the closed value of 2965.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Korea Refract stock. Still, in general, we apply an absolute valuation method to find Korea Refract'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 Refract where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Korea Refract's related companies.
Open | High | Low | Close | Volume | |
2,985 | 3,034 | 2,985 | 3,009 | 133,227 | |
11/27/2023 | 3,014 | 3,034 | 2,965 | 2,965 | 164,268 |
2,985 | 3,024 | 2,940 | 3,004 | 185,739 |
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Korea Refract Trading Date Momentum on November 27, 2023
On November 28 2023 Korea Refract was traded for 3,004 at the closing time. The highest price during the trading period was 3,024 and the lowest recorded bid was listed for 2,940 . The volume for the day was 185.7 K. This history from November 28, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 1.33% . The trading delta at closing time to the current price is 1.33% . |
Korea Refract Fundamentals Correlations and Trends
By evaluating Korea Refract'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 Refract'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 Refract Stock history
Korea Refract 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 Refract 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 Refract stock prices may prove useful in developing a viable investing in Korea Refract
Korea Refract Stock Technical Analysis
Korea Refract 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 Refract Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Korea Refract 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 Refract November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Korea Refract 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 Refract shares will generate the highest return on investment. By undertsting and applying Korea Refract stock market strength indicators, traders can identify Korea Refract entry and exit signals to maximize returns
Korea Refract Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Korea Refract'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 | (0.08) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.41) | |||
Treynor Ratio | 5.82 |
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Complementary Tools for Korea Stock analysis
When running Korea Refract's price analysis, check to measure Korea Refract'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 Refract is operating at the current time. Most of Korea Refract's value examination focuses on studying past and present price action to predict the probability of Korea Refract'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 Refract's price. Additionally, you may evaluate how the addition of Korea Refract to your portfolios can decrease your overall portfolio volatility.
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