TAEYANG (Korea) Price on April 5, 2024
| 053620 Stock | KRW 6,470 140.00 2.12% |
If you're considering investing in TAEYANG Stock, it is important to understand the factors that can impact its price. As of today, the current price of TAEYANG stands at 6,470, as last reported on the 23rd of December, with the highest price reaching 6,610 and the lowest price hitting 6,470 during the day. At this point, TAEYANG is very steady. TAEYANG owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the company had a 0.11% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for TAEYANG, which you can use to evaluate the volatility of the entity. Please validate TAEYANG's Risk Adjusted Performance of 0.0692, downside deviation of 1.26, and Market Risk Adjusted Performance of (0.79) to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
TAEYANG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TAEYANG |
Sharpe Ratio = 0.109
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Estimated Market Risk
| 1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average TAEYANG is performing at about 8% 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 TAEYANG by adding it to a well-diversified portfolio.
TAEYANG Valuation on April 5, 2024
It is possible to determine the worth of TAEYANG on a given historical date. On April 5, 2024 TAEYANG was worth 7260.0 at the beginning of the trading date compared to the closed value of 7230.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TAEYANG stock. Still, in general, we apply an absolute valuation method to find TAEYANG'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 TAEYANG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TAEYANG's related companies.
| Open | High | Low | Close | Volume | |
| 7,250 | 7,250 | 7,190 | 7,230 | 1,116 | |
04/05/2024 | 7,260 | 7,260 | 7,170 | 7,230 | 1,072 |
| 7,230 | 7,230 | 7,150 | 7,180 | 3,442 |
| Backtest TAEYANG | | | TAEYANG History | | | TAEYANG Valuation | Previous | Next |
TAEYANG Trading Date Momentum on April 5, 2024
| On April 08 2024 TAEYANG was traded for 7,180 at the closing time. The highest price during the trading period was 7,230 and the lowest recorded bid was listed for 7,150 . The volume for the day was 3.4 K. This history from April 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.69% . The trading price change to the current price is 1.11% . |
TAEYANG Fundamentals Correlations and Trends
By evaluating TAEYANG'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 TAEYANG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TAEYANG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TAEYANG Stock history
TAEYANG 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 TAEYANG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TAEYANG 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 TAEYANG stock prices may prove useful in developing a viable investing in TAEYANG
TAEYANG Corporation provides portable butane gas cartridges, stoves, and gas filling and aerosol products in South Korea. TAEYANG Corporation was founded in 1989 and is headquartered in Seoul, South Korea. TAEYANG is traded on Korean Securities Dealers Automated Quotations in South Korea.
TAEYANG Stock Technical Analysis
TAEYANG 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
TAEYANG Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
TAEYANG 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.
TAEYANG December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how TAEYANG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TAEYANG shares will generate the highest return on investment. By undertsting and applying TAEYANG stock market strength indicators, traders can identify TAEYANG entry and exit signals to maximize returns
TAEYANG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TAEYANG's price direction in advance. Along with the technical and fundamental analysis of TAEYANG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TAEYANG 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 | 0.0692 | |||
| Jensen Alpha | 0.1034 | |||
| Total Risk Alpha | 0.0629 | |||
| Sortino Ratio | 0.0622 | |||
| Treynor Ratio | (0.80) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for TAEYANG Stock analysis
When running TAEYANG's price analysis, check to measure TAEYANG'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 TAEYANG is operating at the current time. Most of TAEYANG's value examination focuses on studying past and present price action to predict the probability of TAEYANG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TAEYANG's price. Additionally, you may evaluate how the addition of TAEYANG to your portfolios can decrease your overall portfolio volatility.
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