Kortek (Korea) Price on September 19, 2024
| 052330 Stock | KRW 7,760 10.00 0.13% |
If you're considering investing in Kortek Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kortek stands at 7,760, as last reported on the 28th of November, with the highest price reaching 7,790 and the lowest price hitting 7,730 during the day. At this point, Kortek is very steady. Kortek has Sharpe Ratio of 0.0934, which conveys that the firm had a 0.0934% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kortek, which you can use to evaluate the volatility of the firm. Please verify Kortek's Mean Deviation of 0.9276, downside deviation of 1.52, and Risk Adjusted Performance of 0.0408 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
Kortek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kortek |
Sharpe Ratio = 0.0934
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| Cash | Small Risk | 052330 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Kortek is performing at about 7% 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 Kortek by adding it to a well-diversified portfolio.
Kortek Valuation on September 19, 2024
It is possible to determine the worth of Kortek on a given historical date. On September 19, 2024 Kortek was worth 7510.0 at the beginning of the trading date compared to the closed value of 7540.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kortek stock. Still, in general, we apply an absolute valuation method to find Kortek'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 Kortek where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kortek's related companies.
| Open | High | Low | Close | Volume | |
| 7,530 | 7,590 | 7,460 | 7,560 | 20,958 | |
09/19/2024 | 7,510 | 7,590 | 7,500 | 7,540 | 16,096 |
| 7,540 | 7,640 | 7,540 | 7,610 | 18,786 |
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Kortek Trading Date Momentum on September 19, 2024
| On September 20 2024 Kortek was traded for 7,610 at the closing time. The highest price during the trading period was 7,640 and the lowest recorded bid was listed for 7,540 . The volume for the day was 18.8 K. This history from September 20, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.93% . The trading delta at closing time to the current price is 4.24% . |
Kortek Fundamentals Correlations and Trends
By evaluating Kortek'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 Kortek's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kortek financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kortek Stock history
Kortek 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 Kortek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kortek 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 Kortek stock prices may prove useful in developing a viable investing in Kortek
Kortek Corporation develops, produces, and sells industrial displays in South Korea and internationally. Kortek Corporation was founded in 1987 and is headquartered in Incheon, South Korea. KORTEK is traded on Korean Securities Dealers Automated Quotations in South Korea.
Kortek Stock Technical Analysis
Kortek 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
Kortek Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Kortek 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.
Kortek November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Kortek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kortek shares will generate the highest return on investment. By undertsting and applying Kortek stock market strength indicators, traders can identify Kortek entry and exit signals to maximize returns
Kortek Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kortek's price direction in advance. Along with the technical and fundamental analysis of Kortek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kortek 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 | 0.0408 | |||
| Jensen Alpha | 0.0343 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.2836 |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Kortek Stock analysis
When running Kortek's price analysis, check to measure Kortek'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 Kortek is operating at the current time. Most of Kortek's value examination focuses on studying past and present price action to predict the probability of Kortek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kortek's price. Additionally, you may evaluate how the addition of Kortek to your portfolios can decrease your overall portfolio volatility.
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