Yooshin Engineering (Korea) Price on October 24, 2023
| 054930 Stock | KRW 24,900 250.00 1.01% |
If you're considering investing in Yooshin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Yooshin Engineering stands at 24,900, as last reported on the 26th of November, with the highest price reaching 25,350 and the lowest price hitting 24,700 during the day. At this point, Yooshin Engineering is very steady. Yooshin Engineering shows Sharpe Ratio of 0.0552, which attests that the company had a 0.0552% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Yooshin Engineering, which you can use to evaluate the volatility of the company. Please check out Yooshin Engineering's Mean Deviation of 1.94, standard deviation of 2.64, and Market Risk Adjusted Performance of (0.06) to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
Yooshin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Yooshin |
Sharpe Ratio = 0.0552
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| Small Returns | 054930 | |||
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Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Yooshin Engineering is performing at about 4% 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 Yooshin Engineering by adding it to a well-diversified portfolio.
Yooshin Engineering Valuation on October 24, 2023
It is possible to determine the worth of Yooshin Engineering on a given historical date. On October 24, 2023 Yooshin was worth 34790.91 at the beginning of the trading date compared to the closed value of 38113.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yooshin Engineering stock. Still, in general, we apply an absolute valuation method to find Yooshin Engineering'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 Yooshin Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yooshin Engineering's related companies.
| Open | High | Low | Close | Volume | |
| 36,208 | 37,478 | 34,253 | 34,498 | 160,818 | |
10/24/2023 | 34,791 | 40,557 | 34,547 | 38,114 | 1,019,066 |
| 37,283 | 37,381 | 35,866 | 36,208 | 161,986 |
| Backtest Yooshin Engineering | | | Yooshin Engineering History | | | Yooshin Engineering Valuation | Previous | Next |
Yooshin Engineering Trading Date Momentum on October 24, 2023
| On October 25 2023 Yooshin Engineering was traded for 36,208 at the closing time. The highest price during the trading period was 37,381 and the lowest recorded bid was listed for 35,866 . The volume for the day was 162 K. This history from October 25, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 5.00% . The trading price change to the current price is 7.18% . |
Yooshin Engineering Fundamentals Correlations and Trends
By evaluating Yooshin Engineering'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 Yooshin Engineering's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yooshin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yooshin Engineering Stock history
Yooshin Engineering 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 Yooshin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yooshin Engineering 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 Yooshin Engineering stock prices may prove useful in developing a viable investing in Yooshin Engineering
Yooshin Engineering Stock Technical Analysis
Yooshin Engineering 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
Yooshin Engineering Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Yooshin Engineering 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.
Yooshin Engineering November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Yooshin Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yooshin Engineering shares will generate the highest return on investment. By undertsting and applying Yooshin Engineering stock market strength indicators, traders can identify Yooshin Engineering entry and exit signals to maximize returns
Yooshin Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yooshin Engineering's price direction in advance. Along with the technical and fundamental analysis of Yooshin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yooshin 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 | (0.01) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.07) |
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Complementary Tools for Yooshin Stock analysis
When running Yooshin Engineering's price analysis, check to measure Yooshin Engineering'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 Yooshin Engineering is operating at the current time. Most of Yooshin Engineering's value examination focuses on studying past and present price action to predict the probability of Yooshin Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yooshin Engineering's price. Additionally, you may evaluate how the addition of Yooshin Engineering to your portfolios can decrease your overall portfolio volatility.
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