Paradise (Korea) Price on June 18, 2024

034230 Stock  KRW 10,050  20.00  0.20%   
If you're considering investing in Paradise Stock, it is important to understand the factors that can impact its price. As of today, the current price of Paradise stands at 10,050, as last reported on the 30th of November, with the highest price reaching 10,050 and the lowest price hitting 9,840 during the day. Paradise maintains Sharpe Ratio (i.e., Efficiency) of -0.0944, which implies the firm had a -0.0944% return per unit of risk over the last 3 months. Paradise exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Paradise's Variance of 3.4, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,520) to confirm the risk estimate we provide.
  
Paradise Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0944

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Estimated Market Risk

 1.91
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Paradise 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 Paradise by adding Paradise to a well-diversified portfolio.

Paradise Valuation on June 18, 2024

It is possible to determine the worth of Paradise on a given historical date. On June 18, 2024 Paradise was worth 14300.0 at the beginning of the trading date compared to the closed value of 14240.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Paradise stock. Still, in general, we apply an absolute valuation method to find Paradise'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 Paradise where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Paradise's related companies.
 Open High Low Close Volume
  14,430    14,540    14,150    14,290    311,011  
06/18/2024
  14,300    14,420    14,200    14,240    274,099  
  14,310    14,310    13,800    13,900    732,386  
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Open Value
14300.0
14,294
Downside
14240.0
Closing Value
14,306
Upside

Paradise Trading Date Momentum on June 18, 2024

On June 19 2024 Paradise Co was traded for  13,900  at the closing time. The highest price during the trading period was 14,310  and the lowest recorded bid was listed for  13,800 . The volume for the day was 732.4 K. This history from June 19, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.39% . The trading delta at closing time to the current price is 1.05% .

Paradise Fundamentals Correlations and Trends

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

About Paradise Stock history

Paradise 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 Paradise is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Paradise 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 Paradise stock prices may prove useful in developing a viable investing in Paradise
Paradise Co., Ltd. engages in resort, hotel, game, travel, and leisure businesses in South Korea. The company was founded in 1972 and is headquartered in Seoul, South Korea. Paradise is traded on Korean Securities Dealers Automated Quotations in South Korea.

Paradise Stock Technical Analysis

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

Paradise Period Price Range

Low
November 30, 2024
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High

 0.00 

     

 0.00 

Paradise 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.

Paradise November 30, 2024 Market Strength

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

Paradise Technical and Predictive Indicators

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

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