BYON (Korea) Price on August 30, 2024
032980 Stock | KRW 840.00 46.00 5.79% |
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 840.00, as last reported on the 27th of November, with the highest price reaching 851.00 and the lowest price hitting 752.00 during the day. BYON secures Sharpe Ratio (or Efficiency) of -0.0252, which signifies that the company had a -0.0252% 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 mean deviation of 3.4, and Risk Adjusted Performance of (0.02) 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.
BYON |
Sharpe Ratio = -0.0252
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 032980 |
Estimated Market Risk
5.12 actual daily | 45 55% of assets are more volatile |
Expected Return
-0.13 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 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 30, 2024
It is possible to determine the worth of BYON on a given historical date. On August 30, 2024 BYON was worth 976.0 at the beginning of the trading date compared to the closed value of 969.0. 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 | |
984.00 | 1,002 | 965.00 | 976.00 | 162,196 | |
08/30/2024 | 976.00 | 1,009 | 959.00 | 969.00 | 154,644 |
968.00 | 1,046 | 966.00 | 966.00 | 614,094 |
Backtest BYON | | | BYON History | | | BYON Valuation | Previous | Next |
BYON Trading Date Momentum on August 30, 2024
On September 02 2024 BYON Co was traded for 966.00 at the closing time. The highest price during the trading period was 1,046 and the lowest recorded bid was listed for 966.00 . The volume for the day was 614.1 K. This history from September 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.31% . The overall trading delta to the current price is 2.17% . |
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.
Price Boundaries
BYON Period Price Range
Low | November 27, 2024
| 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 27, 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.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.28) | |||
Total Risk Alpha | (0.99) | |||
Treynor Ratio | (0.41) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |