Ecoplastic (Korea) Price on August 1, 2024

038110 Stock  KRW 2,400  80.00  3.23%   
If you're considering investing in Ecoplastic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ecoplastic stands at 2,400, as last reported on the 30th of November, with the highest price reaching 2,480 and the lowest price hitting 2,400 during the day. Ecoplastic secures Sharpe Ratio (or Efficiency) of -0.26, which denotes the company had a -0.26% return per unit of risk over the last 3 months. Ecoplastic exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ecoplastic's Variance of 3.33, mean deviation of 1.4, and Standard Deviation of 1.83 to check the risk estimate we provide.
  
Ecoplastic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2573

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Estimated Market Risk

 1.88
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.48
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.26
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ecoplastic 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 Ecoplastic by adding Ecoplastic to a well-diversified portfolio.

Ecoplastic Valuation on August 1, 2024

It is possible to determine the worth of Ecoplastic on a given historical date. On August 1, 2024 Ecoplastic was worth 3600.0 at the beginning of the trading date compared to the closed value of 3715.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ecoplastic stock. Still, in general, we apply an absolute valuation method to find Ecoplastic'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 Ecoplastic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ecoplastic's related companies.
 Open High Low Close Volume
  3,570    3,660    3,520    3,620    104,908  
08/01/2024
  3,600    3,730    3,600    3,715    110,399  
  3,670    3,670    3,505    3,520    246,294  
Backtest Ecoplastic  |  Ecoplastic History  |  Ecoplastic Valuation   PreviousNext  
Open Value
3600.0
3715.0
Closing Value
3,606
Upside

Ecoplastic Trading Date Momentum on August 1, 2024

On August 02 2024 Ecoplastic was traded for  3,520  at the closing time. The highest price during the trading period was 3,670  and the lowest recorded bid was listed for  3,505 . The volume for the day was 246.3 K. This history from August 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.25% . The overall trading delta to the current price is 11.17% .

Ecoplastic Fundamentals Correlations and Trends

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

About Ecoplastic Stock history

Ecoplastic 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 Ecoplastic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ecoplastic 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 Ecoplastic stock prices may prove useful in developing a viable investing in Ecoplastic
Ecoplastic Corporation engages in the research, development, production, and sale of auto plastic parts in South Korea. The company was founded in 1984 and is based in Gyeongju, South Korea. ECOPLASTIC is traded on Korean Securities Dealers Automated Quotations in South Korea.

Ecoplastic Stock Technical Analysis

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

Ecoplastic Period Price Range

Low
November 30, 2024
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High

 0.00 

     

 0.00 

Ecoplastic 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.

Ecoplastic November 30, 2024 Market Strength

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

Ecoplastic Technical and Predictive Indicators

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

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