Chin Yang (Korea) Price on April 19, 2024
051630 Stock | 2,225 125.00 5.32% |
If you're considering investing in Chin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chin Yang stands at 2,225, as last reported on the 27th of November, with the highest price reaching 2,375 and the lowest price hitting 2,225 during the day. Chin Yang Chemical secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Chin Yang Chemical exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chin Yang's Standard Deviation of 2.51, risk adjusted performance of (0.09), and Mean Deviation of 1.71 to double-check the risk estimate we provide.
Chin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chin |
Sharpe Ratio = -0.1042
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Negative Returns | 051630 |
Estimated Market Risk
2.65 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chin Yang 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 Chin Yang by adding Chin Yang to a well-diversified portfolio.
Chin Yang Valuation on April 19, 2024
It is possible to determine the worth of Chin Yang on a given historical date. On April 19, 2024 Chin was worth 3238.75 at the beginning of the trading date compared to the closed value of 3243.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chin Yang stock. Still, in general, we apply an absolute valuation method to find Chin Yang'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 Chin Yang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chin Yang's related companies.
Open | High | Low | Close | Volume | |
3,230 | 3,293 | 3,157 | 3,239 | 44,726 | |
04/19/2024 | 3,239 | 3,275 | 3,166 | 3,243 | 62,464 |
3,243 | 3,302 | 3,221 | 3,239 | 19,054 |
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Chin Yang Trading Date Momentum on April 19, 2024
On April 22 2024 Chin Yang Chemical was traded for 3,239 at the closing time. The highest price during the trading period was 3,302 and the lowest recorded bid was listed for 3,221 . The volume for the day was 19.1 K. This history from April 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.14% . The overall trading delta to the current price is 1.40% . |
About Chin Yang Stock history
Chin Yang 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 Chin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chin Yang Chemical 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 Chin Yang stock prices may prove useful in developing a viable investing in Chin Yang
Chin Yang Stock Technical Analysis
Chin Yang 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
Chin Yang Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Chin Yang Chemical 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.
Chin Yang November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Chin Yang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chin Yang shares will generate the highest return on investment. By undertsting and applying Chin Yang stock market strength indicators, traders can identify Chin Yang Chemical entry and exit signals to maximize returns
Chin Yang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chin Yang's price direction in advance. Along with the technical and fundamental analysis of Chin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chin 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 | (0.09) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.71) | |||
Treynor Ratio | 12.86 |
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Volume Indicators |
Complementary Tools for Chin Stock analysis
When running Chin Yang's price analysis, check to measure Chin Yang'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 Chin Yang is operating at the current time. Most of Chin Yang's value examination focuses on studying past and present price action to predict the probability of Chin Yang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chin Yang's price. Additionally, you may evaluate how the addition of Chin Yang to your portfolios can decrease your overall portfolio volatility.
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