Iljin Materials (Korea) Price on September 6, 2024
| 020150 Stock | 27,400 3,600 15.13% |
If you're considering investing in Iljin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Iljin Materials stands at 27,400, as last reported on the 17th of December 2024, with the highest price reaching 27,650 and the lowest price hitting 24,300 during the day. Iljin Materials holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Iljin Materials exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Iljin Materials' Market Risk Adjusted Performance of 0.5778, risk adjusted performance of (0.09), and Standard Deviation of 3.73 to validate the risk estimate we provide.
Iljin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Iljin |
Sharpe Ratio = -0.1328
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 020150 |
Estimated Market Risk
| 3.83 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.51 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Iljin Materials 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 Iljin Materials by adding Iljin Materials to a well-diversified portfolio.
Iljin Materials Valuation on September 6, 2024
It is possible to determine the worth of Iljin Materials on a given historical date. On September 6, 2024 Iljin was worth 43000.0 at the beginning of the trading date compared to the closed value of 39750.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Iljin Materials stock. Still, in general, we apply an absolute valuation method to find Iljin Materials' 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 Iljin Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Iljin Materials' related companies.
| Open | High | Low | Close | Volume | |
| 40,050 | 45,650 | 40,050 | 43,000 | 1,114,242 | |
09/06/2024 | 43,000 | 43,950 | 39,750 | 39,750 | 449,425 |
| 38,700 | 39,950 | 38,000 | 39,000 | 229,229 |
| Backtest Iljin Materials | | | Iljin Materials History | Previous | Next |
Iljin Materials Trading Date Momentum on September 6, 2024
| On September 09 2024 Iljin Materials Co was traded for 39,000 at the closing time. The highest price during the trading period was 39,950 and the lowest recorded bid was listed for 38,000 . The volume for the day was 229.2 K. This history from September 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.89% . The trading delta at closing time to the current price is 0.13% . |
Price Boundaries
Iljin Materials Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Iljin Materials Co 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.
Iljin Materials December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Iljin Materials stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Iljin Materials shares will generate the highest return on investment. By undertsting and applying Iljin Materials stock market strength indicators, traders can identify Iljin Materials Co entry and exit signals to maximize returns
Iljin Materials Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Iljin Materials' price direction in advance. Along with the technical and fundamental analysis of Iljin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Iljin 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 | (0.09) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | 0.5678 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Iljin Stock analysis
When running Iljin Materials' price analysis, check to measure Iljin Materials' 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 Iljin Materials is operating at the current time. Most of Iljin Materials' value examination focuses on studying past and present price action to predict the probability of Iljin Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iljin Materials' price. Additionally, you may evaluate how the addition of Iljin Materials to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |