Namhae Chemical (Korea) Price on November 22, 2024
025860 Stock | 6,260 20.00 0.32% |
If you're considering investing in Namhae Stock, it is important to understand the factors that can impact its price. As of today, the current price of Namhae Chemical stands at 6,260, as last reported on the 24th of November, with the highest price reaching 6,320 and the lowest price hitting 6,200 during the day. Namhae Chemical has Sharpe Ratio of -0.0992, which conveys that the firm had a -0.0992% return per unit of risk over the last 3 months. Namhae Chemical exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Namhae Chemical's Mean Deviation of 0.7382, risk adjusted performance of (0.09), and Standard Deviation of 0.9872 to check out the risk estimate we provide.
Namhae Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Namhae |
Sharpe Ratio = -0.0992
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Negative Returns | 025860 |
Estimated Market Risk
1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Namhae Chemical 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 Namhae Chemical by adding Namhae Chemical to a well-diversified portfolio.
Namhae Chemical Valuation on November 22, 2024
It is possible to determine the worth of Namhae Chemical on a given historical date. On November 22, 2024 Namhae was worth 6300.0 at the beginning of the trading date compared to the closed value of 6260.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Namhae Chemical stock. Still, in general, we apply an absolute valuation method to find Namhae Chemical'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 Namhae Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Namhae Chemical's related companies.
Open | High | Low | Close | Volume | |
6,220 | 6,320 | 6,200 | 6,260 | 50,225 | |
11/22/2024 | 6,300 | 6,310 | 6,260 | 6,260 | 43,350 |
6,220 | 6,320 | 6,200 | 6,260 | 0.00 |
Backtest Namhae Chemical | | | Namhae Chemical History | | | Namhae Chemical Valuation | Previous | Next |
Namhae Chemical Trading Date Momentum on November 22, 2024
On November 24 2024 Namhae Chemical was traded for 6,260 at the closing time. The highest price during the trading period was 6,320 and the lowest recorded bid was listed for 6,200 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not cause price change. The trading delta at closing time to the current price is 0.64% . |
Namhae Chemical Fundamentals Correlations and Trends
By evaluating Namhae Chemical'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 Namhae Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Namhae financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Namhae Chemical Stock history
Namhae Chemical 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 Namhae is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Namhae Chemical 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 Namhae Chemical stock prices may prove useful in developing a viable investing in Namhae Chemical
Namhae Chemical Stock Technical Analysis
Namhae Chemical 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
Namhae Chemical Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Namhae Chemical 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.
Namhae Chemical November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Namhae Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Namhae Chemical shares will generate the highest return on investment. By undertsting and applying Namhae Chemical stock market strength indicators, traders can identify Namhae Chemical entry and exit signals to maximize returns
Namhae Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Namhae Chemical's price direction in advance. Along with the technical and fundamental analysis of Namhae Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Namhae 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 | (0.15) | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | (0.91) |
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Complementary Tools for Namhae Stock analysis
When running Namhae Chemical's price analysis, check to measure Namhae Chemical'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 Namhae Chemical is operating at the current time. Most of Namhae Chemical's value examination focuses on studying past and present price action to predict the probability of Namhae Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Namhae Chemical's price. Additionally, you may evaluate how the addition of Namhae Chemical to your portfolios can decrease your overall portfolio volatility.
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