Jeil Steel (Korea) Price on October 29, 2024
| 023440 Stock | KRW 1,905 5.00 0.26% |
If you're considering investing in Jeil Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jeil Steel stands at 1,905, as last reported on the 23rd of November, with the highest price reaching 1,960 and the lowest price hitting 1,873 during the day. Jeil Steel appears to be very steady, given 3 months investment horizon. Jeil Steel Mfg holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. By evaluating Jeil Steel's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please utilize Jeil Steel's Risk Adjusted Performance of 0.1084, market risk adjusted performance of 0.4978, and Downside Deviation of 4.33 to validate if our risk estimates are consistent with your expectations.
Jeil Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jeil |
Sharpe Ratio = 0.1392
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Estimated Market Risk
| 4.56 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Jeil Steel 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 Jeil Steel by adding it to a well-diversified portfolio.
Jeil Steel Valuation on October 29, 2024
It is possible to determine the worth of Jeil Steel on a given historical date. On October 29, 2024 Jeil was worth 1680.0 at the beginning of the trading date compared to the closed value of 1682.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jeil Steel stock. Still, in general, we apply an absolute valuation method to find Jeil 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 Jeil Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jeil Steel's related companies.
| Open | High | Low | Close | Volume | |
| 1,730 | 1,777 | 1,606 | 1,696 | 522,035 | |
10/29/2024 | 1,680 | 1,745 | 1,651 | 1,682 | 266,782 |
| 1,681 | 1,716 | 1,660 | 1,678 | 297,485 |
| Backtest Jeil Steel | | | Jeil Steel History | | | Jeil Steel Valuation | Previous | Next |
Jeil Steel Trading Date Momentum on October 29, 2024
| On October 30 2024 Jeil Steel Mfg was traded for 1,678 at the closing time. The highest price during the trading period was 1,716 and the lowest recorded bid was listed for 1,660 . The volume for the day was 297.5 K. This history from October 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.24% . The trading delta at closing time to the current price is 18.91% . |
Jeil Steel Mfg Fundamentals Correlations and Trends
By evaluating Jeil 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 Jeil Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jeil financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jeil Steel Stock history
Jeil 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 Jeil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jeil Steel Mfg 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 Jeil Steel stock prices may prove useful in developing a viable investing in Jeil Steel
Jeil Steel Stock Technical Analysis
Jeil 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
Jeil Steel Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Jeil Steel Mfg 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.
Jeil Steel November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Jeil 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 Jeil Steel shares will generate the highest return on investment. By undertsting and applying Jeil Steel stock market strength indicators, traders can identify Jeil Steel Mfg entry and exit signals to maximize returns
Jeil Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jeil Steel's price direction in advance. Along with the technical and fundamental analysis of Jeil Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jeil 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 | 0.1084 | |||
| Jensen Alpha | 0.4206 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.1012 | |||
| Treynor Ratio | 0.4878 |
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| Volume Indicators |
Complementary Tools for Jeil Stock analysis
When running Jeil Steel's price analysis, check to measure Jeil 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 Jeil Steel is operating at the current time. Most of Jeil Steel's value examination focuses on studying past and present price action to predict the probability of Jeil 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 Jeil Steel's price. Additionally, you may evaluate how the addition of Jeil Steel to your portfolios can decrease your overall portfolio volatility.
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