Atec (Korea) Price on October 14, 2024
| 045660 Stock | KRW 13,820 70.00 0.50% |
If you're considering investing in Atec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Atec stands at 13,820, as last reported on the 1st of December, with the highest price reaching 14,550 and the lowest price hitting 13,700 during the day. At this point, Atec is very steady. Atec secures Sharpe Ratio (or Efficiency) of 0.0193, which signifies that the company had a 0.0193% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Atec Co, which you can use to evaluate the volatility of the firm. Please confirm Atec's risk adjusted performance of 0.0234, and Mean Deviation of 2.8 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
Atec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Atec |
Sharpe Ratio = 0.0193
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | 045660 | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.63 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Atec is performing at about 1% 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 Atec by adding it to a well-diversified portfolio.
Atec Valuation on October 14, 2024
It is possible to determine the worth of Atec on a given historical date. On October 14, 2024 Atec was worth 14310.0 at the beginning of the trading date compared to the closed value of 15040.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atec stock. Still, in general, we apply an absolute valuation method to find Atec'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 Atec where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atec's related companies.
| Open | High | Low | Close | Volume | |
| 14,340 | 14,440 | 14,230 | 14,330 | 26,624 | |
10/14/2024 | 14,310 | 15,050 | 14,300 | 15,040 | 68,824 |
| 15,200 | 15,760 | 14,960 | 15,730 | 108,917 |
| Backtest Atec | | | Atec History | | | Atec Valuation | Previous | Next |
Atec Trading Date Momentum on October 14, 2024
| On October 15 2024 Atec Co was traded for 15,730 at the closing time. The highest price during the trading period was 15,760 and the lowest recorded bid was listed for 14,960 . The volume for the day was 108.9 K. This history from October 15, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.59% . The overall trading delta to the current price is 1.20% . |
Atec Fundamentals Correlations and Trends
By evaluating Atec'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 Atec's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Atec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Atec Stock history
Atec 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 Atec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Atec 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 Atec stock prices may prove useful in developing a viable investing in Atec
Ltd. develops technologies and products in the area of display solutions primarily in South Korea. Ltd. was founded in 1993 and is headquartered in Seongnam, South Korea. ATEC is traded on Korean Securities Dealers Automated Quotations in South Korea.
Atec Stock Technical Analysis
Atec 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
Atec Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Atec 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.
Atec December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Atec stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atec shares will generate the highest return on investment. By undertsting and applying Atec stock market strength indicators, traders can identify Atec Co entry and exit signals to maximize returns
Atec Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Atec's price direction in advance. Along with the technical and fundamental analysis of Atec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Atec 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 | 0.0234 | |||
| Jensen Alpha | 0.004 | |||
| Total Risk Alpha | (0.84) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1331 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Atec Stock analysis
When running Atec's price analysis, check to measure Atec'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 Atec is operating at the current time. Most of Atec's value examination focuses on studying past and present price action to predict the probability of Atec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atec's price. Additionally, you may evaluate how the addition of Atec to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |