Keum Kang (Korea) Price on November 22, 2024

053260 Stock  KRW 4,295  40.00  0.94%   
If you're considering investing in Keum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Keum Kang stands at 4,295, as last reported on the 27th of November, with the highest price reaching 4,365 and the lowest price hitting 4,190 during the day. Keum Kang Steel has Sharpe Ratio of -0.0885, which conveys that the firm had a -0.0885% return per unit of risk over the last 3 months. Keum Kang exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Keum Kang's Standard Deviation of 2.2, mean deviation of 1.35, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
  
Keum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0885

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Estimated Market Risk

 2.27
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.2
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Keum Kang 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 Keum Kang by adding Keum Kang to a well-diversified portfolio.

Keum Kang Valuation on November 22, 2024

It is possible to determine the worth of Keum Kang on a given historical date. On November 22, 2024 Keum was worth 4295.0 at the beginning of the trading date compared to the closed value of 4265.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Keum Kang stock. Still, in general, we apply an absolute valuation method to find Keum Kang'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 Keum Kang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Keum Kang's related companies.
 Open High Low Close Volume
  4,270    4,345    4,270    4,310    7,611  
11/22/2024
  4,295    4,335    4,225    4,265    2,851  
  4,230    4,295    4,225    4,255    8,745  
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Open Value
4295.0
4265.0
Closing Value
4,302
Upside

Keum Kang Trading Date Momentum on November 22, 2024

On November 25 2024 Keum Kang Steel was traded for  4,255  at the closing time. The highest price during the trading period was 4,295  and the lowest recorded bid was listed for  4,225 . The volume for the day was 8.7 K. This history from November 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.23% . The trading delta at closing time to the current price is 0.23% .

Keum Kang Steel Fundamentals Correlations and Trends

By evaluating Keum Kang'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 Keum Kang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Keum financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Keum Kang Stock history

Keum Kang 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 Keum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Keum Kang Steel 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 Keum Kang stock prices may prove useful in developing a viable investing in Keum Kang
Keum Kang Steel Co., Ltd. engages in the processing and selling of cold-rolled coils in South Korea. Keum Kang Steel Co., Ltd. was founded in 1977 and is headquartered in Seoul, South Korea. KEUM KANG is traded on Korean Securities Dealers Automated Quotations in South Korea.

Keum Kang Stock Technical Analysis

Keum Kang 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.
A focus of Keum Kang technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Keum Kang trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Keum Kang Period Price Range

Low
November 27, 2024
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High

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Keum Kang Steel 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.

Keum Kang November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Keum Kang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Keum Kang shares will generate the highest return on investment. By undertsting and applying Keum Kang stock market strength indicators, traders can identify Keum Kang Steel entry and exit signals to maximize returns

Keum Kang Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Keum Kang's price direction in advance. Along with the technical and fundamental analysis of Keum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Keum 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.

Complementary Tools for Keum Stock analysis

When running Keum Kang's price analysis, check to measure Keum Kang'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 Keum Kang is operating at the current time. Most of Keum Kang's value examination focuses on studying past and present price action to predict the probability of Keum Kang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Keum Kang's price. Additionally, you may evaluate how the addition of Keum Kang to your portfolios can decrease your overall portfolio volatility.
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