Tae Kwang (Korea) Price on July 16, 2024
| 023160 Stock | KRW 16,640 140.00 0.85% |
If you're considering investing in Tae Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tae Kwang stands at 16,640, as last reported on the 27th of November, with the highest price reaching 17,010 and the lowest price hitting 16,130 during the day. Tae Kwang appears to be very steady, given 3 months investment horizon. Tae Kwang owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tae Kwang, which you can use to evaluate the volatility of the company. Please review Tae Kwang's Risk Adjusted Performance of 0.0729, semi deviation of 2.47, and Coefficient Of Variation of 1169.02 to confirm if our risk estimates are consistent with your expectations.
Tae Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tae |
Sharpe Ratio = 0.1275
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 023160 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Tae Kwang is performing at about 10% 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 Tae Kwang by adding it to a well-diversified portfolio.
Tae Kwang Valuation on July 16, 2024
It is possible to determine the worth of Tae Kwang on a given historical date. On July 16, 2024 Tae was worth 13500.0 at the beginning of the trading date compared to the closed value of 14530.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tae Kwang stock. Still, in general, we apply an absolute valuation method to find Tae Kwang'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 Tae Kwang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tae Kwang's related companies.
| Open | High | Low | Close | Volume | |
| 13,440 | 13,730 | 13,160 | 13,370 | 434,672 | |
07/16/2024 | 13,500 | 14,630 | 13,400 | 14,530 | 1,841,005 |
| 14,850 | 15,960 | 14,460 | 15,870 | 4,734,575 |
| Backtest Tae Kwang | | | Tae Kwang History | | | Tae Kwang Valuation | Previous | Next |
Tae Kwang Trading Date Momentum on July 16, 2024
| On July 17 2024 Tae Kwang was traded for 15,870 at the closing time. The highest price during the trading period was 15,960 and the lowest recorded bid was listed for 14,460 . The volume for the day was 4.7 M. This history from July 17, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 9.22% . The trading price change to the current price is 4.82% . |
Tae Kwang Fundamentals Correlations and Trends
By evaluating Tae Kwang'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 Tae Kwang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tae financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tae Kwang Stock history
Tae Kwang 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 Tae is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tae Kwang 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 Tae Kwang stock prices may prove useful in developing a viable investing in Tae Kwang
Tae Kwang Corporation manufactures, supplies, and sells butt weld pipe fittings for oil and gas, chemical and petrochemical, power plant, and shipbuilding businesses in Korea and internationally. Tae Kwang Corporation was founded in 1965 and is headquartered in Busan, South Korea. TKCORP is traded on Korean Securities Dealers Automated Quotations in South Korea.
Tae Kwang Stock Technical Analysis
Tae Kwang 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
Tae Kwang Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Tae Kwang 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.
Tae Kwang November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Tae Kwang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tae Kwang shares will generate the highest return on investment. By undertsting and applying Tae Kwang stock market strength indicators, traders can identify Tae Kwang entry and exit signals to maximize returns
Tae Kwang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tae Kwang's price direction in advance. Along with the technical and fundamental analysis of Tae Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tae 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 | 0.0729 | |||
| Jensen Alpha | 0.1159 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0502 | |||
| Treynor Ratio | 0.2189 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Tae Stock analysis
When running Tae Kwang's price analysis, check to measure Tae Kwang'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 Tae Kwang is operating at the current time. Most of Tae Kwang's value examination focuses on studying past and present price action to predict the probability of Tae Kwang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tae Kwang's price. Additionally, you may evaluate how the addition of Tae Kwang to your portfolios can decrease your overall portfolio volatility.
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