Korea Gas (Korea) Price on August 29, 2024

036460 Stock   46,350  100.00  0.22%   
If you're considering investing in Korea Stock, it is important to understand the factors that can impact its price. As of today, the current price of Korea Gas stands at 46,350, as last reported on the 25th of November, with the highest price reaching 47,100 and the lowest price hitting 45,700 during the day. Korea Gas has Sharpe Ratio of -0.041, which conveys that the firm had a -0.041% return per unit of risk over the last 3 months. Korea Gas exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Korea Gas' Mean Deviation of 2.41, downside deviation of 3.39, and Risk Adjusted Performance of 0.0121 to check out the risk estimate we provide.
  
Korea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.041

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Estimated Market Risk

 3.21
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Korea Gas 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 Korea Gas by adding Korea Gas to a well-diversified portfolio.

Korea Gas Valuation on August 29, 2024

It is possible to determine the worth of Korea Gas on a given historical date. On August 29, 2024 Korea was worth 49450.0 at the beginning of the trading date compared to the closed value of 50300.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Korea Gas stock. Still, in general, we apply an absolute valuation method to find Korea Gas' 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 Korea Gas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Korea Gas' related companies.
 Open High Low Close Volume
  51,100    51,700    49,450    50,100    2,346,570  
08/29/2024
  49,450    52,000    49,450    50,300    2,474,573  
  51,300    53,000    49,300    52,200    3,592,838  
Backtest Korea Gas  |  Korea Gas History  |  Korea Gas Valuation   PreviousNext  
Open Value
49450.0
49,440
Downside
50300.0
Closing Value
49,460
Upside

Korea Gas Trading Date Momentum on August 29, 2024

On August 30 2024 Korea Gas was traded for  52,200  at the closing time. The highest price during the trading period was 53,000  and the lowest recorded bid was listed for  49,300 . The volume for the day was 3.6 M. This history from August 30, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.78% . The trading delta at closing time to the current price is 9.74% .

Korea Gas Fundamentals Correlations and Trends

By evaluating Korea Gas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Korea Gas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Korea financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Korea Gas Stock history

Korea Gas 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 Korea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Korea Gas 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 Korea Gas stock prices may prove useful in developing a viable investing in Korea Gas

Korea Gas Stock Technical Analysis

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

Korea Gas Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Korea Gas cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock Exchange. 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.

Korea Gas November 25, 2024 Market Strength

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

Korea Gas Technical and Predictive Indicators

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

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