Daewoo Engineering (Korea) Price on August 28, 2024
047040 Stock | 3,690 55.00 1.47% |
If you're considering investing in Daewoo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Daewoo Engineering stands at 3,690, as last reported on the 30th of November, with the highest price reaching 3,745 and the lowest price hitting 3,635 during the day. Daewoo Engineering secures Sharpe Ratio (or Efficiency) of -0.0753, which denotes the company had a -0.0753% return per unit of standard deviation over the last 3 months. Daewoo Engineering Construction exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daewoo Engineering's Mean Deviation of 1.26, coefficient of variation of (1,067), and Standard Deviation of 1.85 to check the risk estimate we provide.
Daewoo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Daewoo |
Sharpe Ratio = -0.0753
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Estimated Market Risk
1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Daewoo Engineering 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 Daewoo Engineering by adding Daewoo Engineering to a well-diversified portfolio.
Daewoo Engineering Valuation on August 28, 2024
It is possible to determine the worth of Daewoo Engineering on a given historical date. On August 28, 2024 Daewoo was worth 4250.0 at the beginning of the trading date compared to the closed value of 4025.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daewoo Engineering stock. Still, in general, we apply an absolute valuation method to find Daewoo Engineering'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 Daewoo Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daewoo Engineering's related companies.
Open | High | Low | Close | Volume | |
4,250 | 4,255 | 4,170 | 4,230 | 1,482,743 | |
08/28/2024 | 4,250 | 4,250 | 4,010 | 4,025 | 2,467,588 |
4,035 | 4,045 | 3,985 | 4,000 | 1,257,567 |
Backtest Daewoo Engineering | | | Daewoo Engineering History | | | Daewoo Engineering Valuation | Previous | Next |
Daewoo Engineering Trading Date Momentum on August 28, 2024
On August 29 2024 Daewoo Engineering Construction was traded for 4,000 at the closing time. The highest price during the trading period was 4,045 and the lowest recorded bid was listed for 3,985 . The volume for the day was 1.3 M. This history from August 29, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.62% . The overall trading delta to the current price is 6.58% . |
Daewoo Engineering Fundamentals Correlations and Trends
By evaluating Daewoo Engineering'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 Daewoo Engineering's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Daewoo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Daewoo Engineering Stock history
Daewoo Engineering 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 Daewoo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Daewoo Engineering 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 Daewoo Engineering stock prices may prove useful in developing a viable investing in Daewoo Engineering
Daewoo Engineering Stock Technical Analysis
Daewoo Engineering 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
Daewoo Engineering Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Daewoo Engineering Construction 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.
Daewoo Engineering November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Daewoo Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daewoo Engineering shares will generate the highest return on investment. By undertsting and applying Daewoo Engineering stock market strength indicators, traders can identify Daewoo Engineering Construction entry and exit signals to maximize returns
Daewoo Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Daewoo Engineering's price direction in advance. Along with the technical and fundamental analysis of Daewoo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Daewoo 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 | (0.07) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (0.49) | |||
Treynor Ratio | (0.29) |
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Complementary Tools for Daewoo Stock analysis
When running Daewoo Engineering's price analysis, check to measure Daewoo Engineering'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 Daewoo Engineering is operating at the current time. Most of Daewoo Engineering's value examination focuses on studying past and present price action to predict the probability of Daewoo Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daewoo Engineering's price. Additionally, you may evaluate how the addition of Daewoo Engineering to your portfolios can decrease your overall portfolio volatility.
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