RedcapTour (Korea) Price on May 31, 2023
| 038390 Stock | KRW 9,030 20.00 0.22% |
If you're considering investing in RedcapTour Stock, it is important to understand the factors that can impact its price. As of today, the current price of RedcapTour stands at 9,030, as last reported on the 1st of December, with the highest price reaching 9,100 and the lowest price hitting 8,940 during the day. RedcapTour appears to be very steady, given 3 months investment horizon. RedcapTour maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for RedcapTour, which you can use to evaluate the volatility of the company. Please evaluate RedcapTour's Semi Deviation of 0.2732, coefficient of variation of 646.62, and Risk Adjusted Performance of 0.122 to confirm if our risk estimates are consistent with your expectations.
RedcapTour Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
RedcapTour |
Sharpe Ratio = 0.1725
| Best Portfolio | Best Equity | |||
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| Average Returns | ||||
| Small Returns | 038390 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average RedcapTour is performing at about 13% of its full potential. 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 RedcapTour by adding it to a well-diversified portfolio.
RedcapTour Valuation on May 31, 2023
It is possible to determine the worth of RedcapTour on a given historical date. On May 31, 2023 RedcapTour was worth 8068.62 at the beginning of the trading date compared to the closed value of 8318.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RedcapTour stock. Still, in general, we apply an absolute valuation method to find RedcapTour'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 RedcapTour where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RedcapTour's related companies.
| Open | High | Low | Close | Volume | |
| 8,032 | 8,152 | 7,957 | 7,981 | 15,214 | |
05/31/2023 | 8,069 | 8,583 | 8,059 | 8,319 | 64,314 |
| 8,291 | 8,291 | 8,018 | 8,157 | 8,468 |
| Backtest RedcapTour | | | RedcapTour History | | | RedcapTour Valuation | Previous | Next |
RedcapTour Trading Date Momentum on May 31, 2023
| On June 01 2023 RedcapTour Co was traded for 8,157 at the closing time. The highest price during the trading period was 8,291 and the lowest recorded bid was listed for 8,018 . The volume for the day was 8.5 K. This history from June 1, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.95% . The trading delta at closing time to the current price is 2.51% . |
RedcapTour Fundamentals Correlations and Trends
By evaluating RedcapTour'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 RedcapTour's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RedcapTour financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RedcapTour Stock history
RedcapTour 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 RedcapTour is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RedcapTour 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 RedcapTour stock prices may prove useful in developing a viable investing in RedcapTour
RedcapTour Co., Ltd. engages in the car rental, travel, event, and hotel booking businesses in South Korea and internationally. The company was founded in 1977 and is headquartered in Seoul, South Korea. RedcapTour is traded on Korean Securities Dealers Automated Quotations in South Korea.
RedcapTour Stock Technical Analysis
RedcapTour 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
RedcapTour Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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RedcapTour December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how RedcapTour stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RedcapTour shares will generate the highest return on investment. By undertsting and applying RedcapTour stock market strength indicators, traders can identify RedcapTour Co entry and exit signals to maximize returns
RedcapTour Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RedcapTour's price direction in advance. Along with the technical and fundamental analysis of RedcapTour Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RedcapTour 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 | 0.122 | |||
| Jensen Alpha | 0.1919 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0813 | |||
| Treynor Ratio | (1.90) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for RedcapTour Stock analysis
When running RedcapTour's price analysis, check to measure RedcapTour'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 RedcapTour is operating at the current time. Most of RedcapTour's value examination focuses on studying past and present price action to predict the probability of RedcapTour's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RedcapTour's price. Additionally, you may evaluate how the addition of RedcapTour to your portfolios can decrease your overall portfolio volatility.
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