Korea Zinc (Korea) Price on September 26, 2024
| 010130 Stock | 941,000 38,000 4.21% |
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 Zinc stands at 941,000, as last reported on the 27th of November, with the highest price reaching 944,000 and the lowest price hitting 894,000 during the day. Korea Zinc appears to be very steady, given 3 months investment horizon. Korea Zinc has Sharpe Ratio of 0.26, which conveys that the firm had a 0.26% return per unit of risk over the last 3 months. By analyzing Korea Zinc's technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please exercise Korea Zinc's Downside Deviation of 2.14, risk adjusted performance of 0.2051, and Mean Deviation of 2.14 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 = 0.2563
| Best Portfolio | Best Equity | |||
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| Small Returns | 010130 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.87 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Korea Zinc is performing at about 20% 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 Zinc by adding it to a well-diversified portfolio.
Korea Zinc Valuation on September 26, 2024
It is possible to determine the worth of Korea Zinc on a given historical date. On September 26, 2024 Korea was worth 745000.0 at the beginning of the trading date compared to the closed value of 713000.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Korea Zinc stock. Still, in general, we apply an absolute valuation method to find Korea Zinc'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 Zinc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Korea Zinc's related companies.
| Open | High | Low | Close | Volume | |
| 699,000 | 719,000 | 691,000 | 704,000 | 175,247 | |
09/26/2024 | 745,000 | 747,000 | 703,000 | 713,000 | 382,649 |
| 718,000 | 723,000 | 706,000 | 711,000 | 202,851 |
| Backtest Korea Zinc | | | Korea Zinc History | | | Korea Zinc Valuation | Previous | Next |
Korea Zinc Trading Date Momentum on September 26, 2024
| On September 27 2024 Korea Zinc was traded for 711,000 at the closing time. The highest price during the trading period was 723,000 and the lowest recorded bid was listed for 706,000 . The volume for the day was 202.9 K. This history from September 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.28% . The trading delta at closing time to the current price is 8.98% . |
Korea Zinc Fundamentals Correlations and Trends
By evaluating Korea Zinc'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 Zinc'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 Zinc Stock history
Korea Zinc 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 Zinc 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 Zinc stock prices may prove useful in developing a viable investing in Korea Zinc
Korea Zinc Stock Technical Analysis
Korea Zinc 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 Zinc Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Korea Zinc 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 Zinc November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Korea Zinc 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 Zinc shares will generate the highest return on investment. By undertsting and applying Korea Zinc stock market strength indicators, traders can identify Korea Zinc entry and exit signals to maximize returns
Korea Zinc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Korea Zinc'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 | 0.2051 | |||
| Jensen Alpha | 1.07 | |||
| Total Risk Alpha | 0.3587 | |||
| Sortino Ratio | 0.3811 | |||
| Treynor Ratio | (0.87) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Korea Stock analysis
When running Korea Zinc's price analysis, check to measure Korea Zinc'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 Zinc is operating at the current time. Most of Korea Zinc's value examination focuses on studying past and present price action to predict the probability of Korea Zinc'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 Zinc's price. Additionally, you may evaluate how the addition of Korea Zinc to your portfolios can decrease your overall portfolio volatility.
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