Dongil Steel (Korea) Price on October 18, 2024

023790 Stock  KRW 1,175  5.00  0.42%   
If you're considering investing in Dongil Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dongil Steel stands at 1,175, as last reported on the 27th of November, with the highest price reaching 1,180 and the lowest price hitting 1,165 during the day. Dongil Steel secures Sharpe Ratio (or Efficiency) of -0.0293, which denotes the company had a -0.0293% return per unit of risk over the last 3 months. Dongil Steel Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dongil Steel's Mean Deviation of 1.04, variance of 1.99, and Standard Deviation of 1.41 to check the risk estimate we provide.
  
Dongil Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0293

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Estimated Market Risk

 1.31
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Dongil Steel 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 Dongil Steel by adding Dongil Steel to a well-diversified portfolio.

Dongil Steel Valuation on October 18, 2024

It is possible to determine the worth of Dongil Steel on a given historical date. On October 18, 2024 Dongil was worth 1308.0 at the beginning of the trading date compared to the closed value of 1300.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dongil Steel stock. Still, in general, we apply an absolute valuation method to find Dongil 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 Dongil Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dongil Steel's related companies.
 Open High Low Close Volume
  1,300    1,308    1,278    1,308    10,671  
10/18/2024
  1,308    1,310    1,292    1,300    1,902  
  1,300    1,300    1,258    1,288    3,675  
Backtest Dongil Steel  |  Dongil Steel History  |  Dongil Steel Valuation   PreviousNext  
Open Value
1308.0
1300.0
Closing Value
1,312
Upside

Dongil Steel Trading Date Momentum on October 18, 2024

On October 21 2024 Dongil Steel Co was traded for  1,288  at the closing time. The highest price during the trading period was 1,300  and the lowest recorded bid was listed for  1,258 . The volume for the day was 3.7 K. This history from October 21, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.92% . The overall trading delta to the current price is 10.69% .

Dongil Steel Fundamentals Correlations and Trends

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

About Dongil Steel Stock history

Dongil 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 Dongil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dongil Steel 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 Dongil Steel stock prices may prove useful in developing a viable investing in Dongil Steel
Dongil Steel Co., Ltd. manufactures and sells iron and steel products for various industries in South Korea. Dongil Steel Co., Ltd. was founded in 1967 and is based in Busan, South Korea. DongilSteel is traded on Korean Securities Dealers Automated Quotations in South Korea.

Dongil Steel Stock Technical Analysis

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

Dongil Steel Period Price Range

Low
November 27, 2024
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High

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Dongil Steel 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.

Dongil Steel November 27, 2024 Market Strength

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

Dongil Steel Technical and Predictive Indicators

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

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