Dongbu Steel (Korea) Price on August 23, 2024
016380 Stock | 5,920 380.00 6.86% |
If you're considering investing in Dongbu Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dongbu Steel stands at 5,920, as last reported on the 11th of December 2024, with the highest price reaching 5,960 and the lowest price hitting 5,460 during the day. Dongbu Steel secures Sharpe Ratio (or Efficiency) of -0.0246, which denotes the company had a -0.0246% return per unit of risk over the last 3 months. Dongbu Steel Co exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dongbu Steel's Downside Deviation of 2.74, coefficient of variation of 3125.34, and Mean Deviation of 1.88 to check the risk estimate we provide.
Dongbu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dongbu |
Sharpe Ratio = -0.0246
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 016380 |
Estimated Market Risk
2.47 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dongbu Steel 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 Dongbu Steel by adding Dongbu Steel to a well-diversified portfolio.
Dongbu Steel Valuation on August 23, 2024
It is possible to determine the worth of Dongbu Steel on a given historical date. On August 23, 2024 Dongbu was worth 5750.0 at the beginning of the trading date compared to the closed value of 5730.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dongbu Steel stock. Still, in general, we apply an absolute valuation method to find Dongbu Steel'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 Dongbu Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dongbu Steel's related companies.
Open | High | Low | Close | Volume | |
5,800 | 5,850 | 5,730 | 5,770 | 213,558 | |
08/23/2024 | 5,750 | 5,770 | 5,630 | 5,730 | 182,049 |
5,750 | 5,770 | 5,680 | 5,700 | 81,243 |
Backtest Dongbu Steel | | | Dongbu Steel History | | | Dongbu Steel Valuation | Previous | Next |
Dongbu Steel Trading Date Momentum on August 23, 2024
On August 26 2024 Dongbu Steel Co was traded for 5,700 at the closing time. The highest price during the trading period was 5,770 and the lowest recorded bid was listed for 5,680 . The volume for the day was 81.2 K. This history from August 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.52% . The overall trading delta to the current price is 0.35% . |
Dongbu Steel Fundamentals Correlations and Trends
By evaluating Dongbu Steel'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 Dongbu Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dongbu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dongbu Steel Stock history
Dongbu Steel 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 Dongbu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dongbu Steel 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 Dongbu Steel stock prices may prove useful in developing a viable investing in Dongbu Steel
Dongbu Steel Stock Technical Analysis
Dongbu Steel 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
Dongbu Steel Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Dongbu Steel Co 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.
Dongbu Steel December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Dongbu Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dongbu Steel shares will generate the highest return on investment. By undertsting and applying Dongbu Steel stock market strength indicators, traders can identify Dongbu Steel Co entry and exit signals to maximize returns
Dongbu Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dongbu Steel's price direction in advance. Along with the technical and fundamental analysis of Dongbu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dongbu 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 | 0.0303 | |||
Jensen Alpha | 0.0472 | |||
Total Risk Alpha | (0.33) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.3376 |
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Volume Indicators |
Complementary Tools for Dongbu Stock analysis
When running Dongbu Steel's price analysis, check to measure Dongbu Steel'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 Dongbu Steel is operating at the current time. Most of Dongbu Steel's value examination focuses on studying past and present price action to predict the probability of Dongbu Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dongbu Steel's price. Additionally, you may evaluate how the addition of Dongbu Steel to your portfolios can decrease your overall portfolio volatility.
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