Korea Aerospace (Korea) Price on May 31, 2024
| 047810 Stock | 52,900 1,000.00 1.93% |
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 Aerospace stands at 52,900, as last reported on the 11th of December 2024, with the highest price reaching 53,500 and the lowest price hitting 50,900 during the day. At this point, Korea Aerospace is very steady. Korea Aerospace Indu has Sharpe Ratio of 0.0205, which conveys that the firm had a 0.0205% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Korea Aerospace, which you can use to evaluate the volatility of the firm. Please verify Korea Aerospace's Mean Deviation of 2.03, downside deviation of 2.72, and Risk Adjusted Performance of 0.0097 to check out if the risk estimate we provide is consistent with the expected return of 0.0553%.
Korea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Korea |
Sharpe Ratio = 0.0205
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| Cash | Small Risk | 047810 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Korea Aerospace 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 Korea Aerospace by adding it to a well-diversified portfolio.
Korea Aerospace Valuation on May 31, 2024
It is possible to determine the worth of Korea Aerospace on a given historical date. On May 31, 2024 Korea was worth 54700.0 at the beginning of the trading date compared to the closed value of 51800.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Korea Aerospace stock. Still, in general, we apply an absolute valuation method to find Korea Aerospace'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 Korea Aerospace where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Korea Aerospace's related companies.
| Open | High | Low | Close | Volume | |
| 56,600 | 57,000 | 53,900 | 53,900 | 1,104,505 | |
05/31/2024 | 54,700 | 55,500 | 51,800 | 51,800 | 1,301,161 |
| 52,400 | 53,700 | 52,300 | 52,700 | 602,094 |
| Backtest Korea Aerospace | | | Korea Aerospace History | | | Korea Aerospace Valuation | Previous | Next |
Korea Aerospace Trading Date Momentum on May 31, 2024
| On June 03 2024 Korea Aerospace Industries was traded for 52,700 at the closing time. The highest price during the trading period was 53,700 and the lowest recorded bid was listed for 52,300 . The volume for the day was 602.1 K. This history from June 3, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.74% . The trading delta at closing time to the current price is 1.54% . |
Korea Aerospace Indu Fundamentals Correlations and Trends
By evaluating Korea Aerospace'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 Korea Aerospace's 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 Aerospace Stock history
Korea Aerospace 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 Aerospace Indu 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 Aerospace stock prices may prove useful in developing a viable investing in Korea Aerospace
Korea Aerospace Stock Technical Analysis
Korea Aerospace 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
Korea Aerospace Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Korea Aerospace Industries 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 Aerospace December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Korea Aerospace 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 Aerospace shares will generate the highest return on investment. By undertsting and applying Korea Aerospace stock market strength indicators, traders can identify Korea Aerospace Industries entry and exit signals to maximize returns
Korea Aerospace Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Korea Aerospace's 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.
| Risk Adjusted Performance | 0.0097 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0) |
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| Volume Indicators |
Complementary Tools for Korea Stock analysis
When running Korea Aerospace's price analysis, check to measure Korea Aerospace'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 Korea Aerospace is operating at the current time. Most of Korea Aerospace's value examination focuses on studying past and present price action to predict the probability of Korea Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korea Aerospace's price. Additionally, you may evaluate how the addition of Korea Aerospace to your portfolios can decrease your overall portfolio volatility.
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