Kwang Jin (Korea) Price on August 4, 2023
026910 Stock | KRW 2,035 5.00 0.25% |
If you're considering investing in Kwang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kwang Jin stands at 2,035, as last reported on the 19th of December, with the highest price reaching 2,050 and the lowest price hitting 2,005 during the day. Kwang Jin Ind has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Kwang Jin exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kwang Jin's Mean Deviation of 1.28, standard deviation of 1.98, and Risk Adjusted Performance of (0.11) to check out the risk estimate we provide.
Kwang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kwang |
Sharpe Ratio = -0.1201
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 026910 |
Estimated Market Risk
1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kwang Jin 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 Kwang Jin by adding Kwang Jin to a well-diversified portfolio.
Kwang Jin Valuation on August 4, 2023
It is possible to determine the worth of Kwang Jin on a given historical date. On August 4, 2023 Kwang was worth 4385.0 at the beginning of the trading date compared to the closed value of 4445.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kwang Jin stock. Still, in general, we apply an absolute valuation method to find Kwang Jin'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 Kwang Jin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kwang Jin's related companies.
Open | High | Low | Close | Volume | |
4,295 | 4,435 | 4,250 | 4,430 | 13,498 | |
08/04/2023 | 4,385 | 4,445 | 4,370 | 4,445 | 5,595 |
4,445 | 4,445 | 4,300 | 4,355 | 11,143 |
Backtest Kwang Jin | | | Kwang Jin History | | | Kwang Jin Valuation | Previous | Next |
Kwang Jin Trading Date Momentum on August 4, 2023
On August 07 2023 Kwang Jin Ind was traded for 4,355 at the closing time. The highest price during the trading period was 4,445 and the lowest recorded bid was listed for 4,300 . The volume for the day was 11.1 K. This history from August 7, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.02% . The trading delta at closing time to the current price is 2.59% . |
Kwang Jin Ind Fundamentals Correlations and Trends
By evaluating Kwang Jin'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 Kwang Jin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kwang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kwang Jin Stock history
Kwang Jin 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 Kwang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kwang Jin Ind 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 Kwang Jin stock prices may prove useful in developing a viable investing in Kwang Jin
Co., Ltd. manufactures and sells hot rolled, cold drawn, and peeled steel bars in South Korea. Co., Ltd. was founded in 1976 and is based in Busan, South Korea. KwangjinInd is traded on Korean Securities Dealers Automated Quotations in South Korea.
Kwang Jin Stock Technical Analysis
Kwang Jin 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
Kwang Jin Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Kwang Jin Ind 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.
Kwang Jin December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Kwang Jin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kwang Jin shares will generate the highest return on investment. By undertsting and applying Kwang Jin stock market strength indicators, traders can identify Kwang Jin Ind entry and exit signals to maximize returns
Kwang Jin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kwang Jin's price direction in advance. Along with the technical and fundamental analysis of Kwang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kwang 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 | (0.11) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | 2.39 |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Kwang Stock analysis
When running Kwang Jin's price analysis, check to measure Kwang Jin'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 Kwang Jin is operating at the current time. Most of Kwang Jin's value examination focuses on studying past and present price action to predict the probability of Kwang Jin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kwang Jin's price. Additionally, you may evaluate how the addition of Kwang Jin to your portfolios can decrease your overall portfolio volatility.
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