Webzen (Korea) Price on February 16, 2023

069080 Stock  KRW 14,970  40.00  0.27%   
If you're considering investing in Webzen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Webzen stands at 14,970, as last reported on the 23rd of November, with the highest price reaching 15,190 and the lowest price hitting 14,890 during the day. Webzen Inc shows Sharpe Ratio of -0.12, which attests that the company had a -0.12% return per unit of risk over the last 3 months. Webzen Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Webzen's Market Risk Adjusted Performance of 2.81, mean deviation of 1.64, and Standard Deviation of 2.26 to validate the risk estimate we provide.
  
Webzen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1248

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Estimated Market Risk

 2.35
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.29
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Webzen 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 Webzen by adding Webzen to a well-diversified portfolio.

Webzen Valuation on February 16, 2023

It is possible to determine the worth of Webzen on a given historical date. On February 16, 2023 Webzen was worth 18037.52 at the beginning of the trading date compared to the closed value of 18438.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Webzen stock. Still, in general, we apply an absolute valuation method to find Webzen'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 Webzen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Webzen's related companies.
 Open High Low Close Volume
  18,380    18,477    17,490    17,783    125,103  
02/16/2023
  18,038    18,673    17,940    18,438    143,618  
  18,673    19,426    18,204    18,350    286,543  
Backtest Webzen  |  Webzen History  |  Webzen Valuation   PreviousNext  
Open Value
18037.52
18,030
Downside
18438.36
Closing Value
18,045
Upside

Webzen Trading Date Momentum on February 16, 2023

On February 17 2023 Webzen Inc was traded for  18,350  at the closing time. The highest price during the trading period was 19,426  and the lowest recorded bid was listed for  18,204 . The volume for the day was 286.5 K. This history from February 17, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.48% . The trading price change to the current price is 3.87% .

Webzen Inc Fundamentals Correlations and Trends

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

About Webzen Stock history

Webzen 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 Webzen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Webzen Inc 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 Webzen stock prices may prove useful in developing a viable investing in Webzen
Webzen Inc., a game company, engages in the PC, online, and mobile gaming business worldwide. Webzen Inc. was founded in 2000 and is headquartered in Seongnam, South Korea. Webzen is traded on Korean Securities Dealers Automated Quotations in South Korea.

Webzen Stock Technical Analysis

Webzen 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 Webzen technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Webzen 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

Webzen Period Price Range

Low
November 23, 2024
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High

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Webzen Inc 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.

Webzen November 23, 2024 Market Strength

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

Webzen Technical and Predictive Indicators

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

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