BYON (Korea) Price on August 18, 2024

032980 Stock  KRW 830.00  34.00  4.27%   
If you're considering investing in BYON Stock, it is important to understand the factors that can impact its price. As of today, the current price of BYON stands at 830.00, as last reported on the 30th of November, with the highest price reaching 835.00 and the lowest price hitting 795.00 during the day. BYON secures Sharpe Ratio (or Efficiency) of -0.0238, which signifies that the company had a -0.0238% return per unit of risk over the last 3 months. BYON Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BYON's risk adjusted performance of (0.02), and Mean Deviation of 3.52 to double-check the risk estimate we provide.
  
BYON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0238

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Estimated Market Risk

 5.19
  actual daily
46
54% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average BYON 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 BYON by adding BYON to a well-diversified portfolio.

BYON Valuation on August 18, 2024

It is possible to determine the worth of BYON on a given historical date. On August 18, 2024 BYON was worth 1082.0 at the beginning of the trading date compared to the closed value of 1100.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BYON stock. Still, in general, we apply an absolute valuation method to find BYON'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 BYON where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BYON's related companies.
 Open High Low Close Volume
  1,136    1,136    1,076    1,100    209,535  
08/16/2024
  1,082    1,138    1,010    1,100    1,016,589  
  1,133    1,133    1,000.00    1,040    1,062,787  
Backtest BYON  |  BYON History  |  BYON Valuation   PreviousNext  
Open Value
1082.0
1100.0
Closing Value
1,098
Upside

BYON Trading Date Momentum on August 18, 2024

On August 19 2024 BYON Co was traded for  1,040  at the closing time. The highest price during the trading period was 1,133  and the lowest recorded bid was listed for  1,000.00 . The volume for the day was 1.1 M. This history from August 19, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.45% . The overall trading delta to the current price is 7.27% .

BYON Fundamentals Correlations and Trends

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

About BYON Stock history

BYON 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 BYON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BYON 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 BYON stock prices may prove useful in developing a viable investing in BYON
BYON Co., Ltd. manufactures and sells industrial chemicals in South Korea and internationally. BYON Co., Ltd. was founded in 1983 and is based in Seoul, South Korea. BYON is traded on Korean Securities Dealers Automated Quotations in South Korea.

BYON Stock Technical Analysis

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

BYON Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

BYON 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.

BYON November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how BYON stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BYON shares will generate the highest return on investment. By undertsting and applying BYON stock market strength indicators, traders can identify BYON Co entry and exit signals to maximize returns

BYON Technical and Predictive Indicators

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

When running BYON's price analysis, check to measure BYON'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 BYON is operating at the current time. Most of BYON's value examination focuses on studying past and present price action to predict the probability of BYON's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BYON's price. Additionally, you may evaluate how the addition of BYON to your portfolios can decrease your overall portfolio volatility.
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