Korea Alcohol (Korea) Price on November 27, 2024

017890 Stock  KRW 8,640  20.00  0.23%   
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 Alcohol stands at 8,640, as last reported on the 27th of November, with the highest price reaching 8,710 and the lowest price hitting 8,620 during the day. Korea Alcohol Industrial has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. Korea Alcohol exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Korea Alcohol's Mean Deviation of 0.8081, risk adjusted performance of (0.15), and Standard Deviation of 1.29 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.

Sharpe Ratio = -0.1769

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Estimated Market Risk

 1.0
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Korea Alcohol 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 Alcohol by adding Korea Alcohol to a well-diversified portfolio.

Korea Alcohol Valuation on November 27, 2024

It is possible to determine the worth of Korea Alcohol on a given historical date. On November 27, 2024 Korea was worth 8640.0 at the beginning of the trading date compared to the closed value of 8640.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Korea Alcohol stock. Still, in general, we apply an absolute valuation method to find Korea Alcohol'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 Alcohol where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Korea Alcohol's related companies.
 Open High Low Close Volume
  8,640    8,710    8,620    8,640    0.00  
11/27/2024
  8,640    8,710    8,620    8,640    0.00  
Backtest Korea Alcohol  |  Korea Alcohol History  |  Korea Alcohol Valuation   Previous
Open Value
8640.0
8640.0
Closing Value
8,643
Upside

Korea Alcohol Trading Date Momentum on November 27, 2024

On November 27 2024 Korea Alcohol Industrial was traded for  8,640  at the closing time. The highest price during the trading period was 8,710  and the lowest recorded bid was listed for  8,620 . There was no trading activity during the period 0.0. Lack of trading volume on November 27, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% .

Korea Alcohol Industrial Fundamentals Correlations and Trends

By evaluating Korea Alcohol'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 Alcohol'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 Alcohol Stock history

Korea Alcohol 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 Alcohol 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 Korea Alcohol stock prices may prove useful in developing a viable investing in Korea Alcohol
Korea Alcohol Industrial Co., Ltd. produces and sells chemical products in South Korea and internationally. The company was founded in 1984 and is headquartered in Yongin, South Korea. KAI is traded on Korean Securities Dealers Automated Quotations in South Korea.

Korea Alcohol Stock Technical Analysis

Korea Alcohol 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.
A focus of Korea Alcohol technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Korea Alcohol trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Korea Alcohol Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Korea Alcohol Industrial cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. 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 Alcohol November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Korea Alcohol 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 Alcohol shares will generate the highest return on investment. By undertsting and applying Korea Alcohol stock market strength indicators, traders can identify Korea Alcohol Industrial entry and exit signals to maximize returns

Korea Alcohol Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Korea Alcohol'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.

Complementary Tools for Korea Stock analysis

When running Korea Alcohol's price analysis, check to measure Korea Alcohol'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 Alcohol is operating at the current time. Most of Korea Alcohol's value examination focuses on studying past and present price action to predict the probability of Korea Alcohol'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 Alcohol's price. Additionally, you may evaluate how the addition of Korea Alcohol to your portfolios can decrease your overall portfolio volatility.
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