Choil Aluminum (Korea) Price on March 20, 2023

018470 Stock   1,489  23.00  1.52%   
If you're considering investing in Choil Stock, it is important to understand the factors that can impact its price. As of today, the current price of Choil Aluminum stands at 1,489, as last reported on the 29th of November, with the highest price reaching 1,515 and the lowest price hitting 1,470 during the day. Choil Aluminum secures Sharpe Ratio (or Efficiency) of -0.0822, which signifies that the company had a -0.0822% return per unit of risk over the last 3 months. Choil Aluminum exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Choil Aluminum's Standard Deviation of 2.22, risk adjusted performance of (0.07), and Mean Deviation of 1.62 to double-check the risk estimate we provide.
  
Choil Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0822

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Estimated Market Risk

 2.34
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.19
  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 Choil Aluminum 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 Choil Aluminum by adding Choil Aluminum to a well-diversified portfolio.

Choil Aluminum Valuation on March 20, 2023

It is possible to determine the worth of Choil Aluminum on a given historical date. On March 20, 2023 Choil was worth 2140.0 at the beginning of the trading date compared to the closed value of 2245.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Choil Aluminum stock. Still, in general, we apply an absolute valuation method to find Choil Aluminum'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 Choil Aluminum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Choil Aluminum's related companies.
 Open High Low Close Volume
  2,230    2,240    2,130    2,160    3,581,175  
03/20/2023
  2,140    2,320    2,140    2,245    7,413,167  
  2,260    2,485    2,245    2,420    26,831,512  
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Open Value
2140.0
2245.0
Closing Value
2,147
Upside

Choil Aluminum Trading Date Momentum on March 20, 2023

On March 21 2023 Choil Aluminum was traded for  2,420  at the closing time. The highest price during the trading period was 2,485  and the lowest recorded bid was listed for  2,245 . The volume for the day was 26.8 M. This history from March 21, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 7.80% . The overall trading delta to the current price is 55.01% .

Choil Aluminum Fundamentals Correlations and Trends

By evaluating Choil Aluminum'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 Choil Aluminum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Choil financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Choil Aluminum Stock history

Choil Aluminum 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 Choil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Choil Aluminum 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 Choil Aluminum stock prices may prove useful in developing a viable investing in Choil Aluminum

Choil Aluminum Stock Technical Analysis

Choil Aluminum 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 Choil Aluminum technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Choil Aluminum 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

Choil Aluminum Period Price Range

Low
November 29, 2024
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High

 0.00 

     

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Choil Aluminum 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.

Choil Aluminum November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Choil Aluminum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Choil Aluminum shares will generate the highest return on investment. By undertsting and applying Choil Aluminum stock market strength indicators, traders can identify Choil Aluminum entry and exit signals to maximize returns

Choil Aluminum Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Choil Aluminum's price direction in advance. Along with the technical and fundamental analysis of Choil Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Choil 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 Choil Stock analysis

When running Choil Aluminum's price analysis, check to measure Choil Aluminum'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 Choil Aluminum is operating at the current time. Most of Choil Aluminum's value examination focuses on studying past and present price action to predict the probability of Choil Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Choil Aluminum's price. Additionally, you may evaluate how the addition of Choil Aluminum to your portfolios can decrease your overall portfolio volatility.
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