Woori Technology (Korea) Price on February 16, 2023
032820 Stock | KRW 1,703 42.00 2.53% |
If you're considering investing in Woori Stock, it is important to understand the factors that can impact its price. As of today, the current price of Woori Technology stands at 1,703, as last reported on the 11th of December 2024, with the highest price reaching 1,720 and the lowest price hitting 1,641 during the day. Woori Technology shows Sharpe Ratio of -0.13, which attests that the company had a -0.13% return per unit of risk over the last 3 months. Woori Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Woori Technology's Standard Deviation of 3.57, mean deviation of 2.61, and Market Risk Adjusted Performance of (2.03) to validate the risk estimate we provide.
Woori Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Woori |
Sharpe Ratio = -0.1317
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Estimated Market Risk
3.57 actual daily | 31 69% of assets are more volatile |
Expected Return
-0.47 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Woori Technology 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 Woori Technology by adding Woori Technology to a well-diversified portfolio.
Woori Technology Valuation on February 16, 2023
It is possible to determine the worth of Woori Technology on a given historical date. On February 16, 2023 Woori was worth 1465.0 at the beginning of the trading date compared to the closed value of 1445.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Woori Technology stock. Still, in general, we apply an absolute valuation method to find Woori Technology'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 Woori Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Woori Technology's related companies.
Open | High | Low | Close | Volume | |
1,430 | 1,457 | 1,418 | 1,430 | 2,090,613 | |
02/16/2023 | 1,465 | 1,465 | 1,429 | 1,445 | 1,586,187 |
1,438 | 1,438 | 1,395 | 1,417 | 976,593 |
Backtest Woori Technology | | | Woori Technology History | | | Woori Technology Valuation | Previous | Next |
Woori Technology Trading Date Momentum on February 16, 2023
On February 17 2023 Woori Technology was traded for 1,417 at the closing time. The highest price during the trading period was 1,438 and the lowest recorded bid was listed for 1,395 . The volume for the day was 976.6 K. This history from February 17, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.94% . The trading price change to the current price is 3.60% . |
Woori Technology Fundamentals Correlations and Trends
By evaluating Woori Technology'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 Woori Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Woori financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Woori Technology Stock history
Woori Technology 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 Woori is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Woori Technology 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 Woori Technology stock prices may prove useful in developing a viable investing in Woori Technology
Woori Technology, Inc. manufactures switchboard and electricity automatic control panels. Woori Technology, Inc. was founded in 1993 and is headquartered in Seoul, South Korea. WooriTG is traded on Korean Securities Dealers Automated Quotations in South Korea.
Woori Technology Stock Technical Analysis
Woori Technology 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
Woori Technology Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Woori Technology 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.
Woori Technology December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Woori Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Woori Technology shares will generate the highest return on investment. By undertsting and applying Woori Technology stock market strength indicators, traders can identify Woori Technology entry and exit signals to maximize returns
Woori Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Woori Technology's price direction in advance. Along with the technical and fundamental analysis of Woori Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Woori 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 | (0.51) | |||
Total Risk Alpha | (1.05) | |||
Treynor Ratio | (2.04) |
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Volume Indicators |
Complementary Tools for Woori Stock analysis
When running Woori Technology's price analysis, check to measure Woori Technology'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 Woori Technology is operating at the current time. Most of Woori Technology's value examination focuses on studying past and present price action to predict the probability of Woori Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woori Technology's price. Additionally, you may evaluate how the addition of Woori Technology to your portfolios can decrease your overall portfolio volatility.
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