Webzen (Korea) Price on August 22, 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 Mean Deviation of 1.64, standard deviation of 2.26, and Market Risk Adjusted Performance of 2.81 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.
Webzen |
Sharpe Ratio = -0.1248
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Negative Returns | 069080 |
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 August 22, 2023
It is possible to determine the worth of Webzen on a given historical date. On August 22, 2023 Webzen was worth 14048.74 at the beginning of the trading date compared to the closed value of 14390.91. 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 | |
13,814 | 14,450 | 13,296 | 14,322 | 104,476 | |
08/22/2023 | 14,049 | 14,606 | 14,049 | 14,391 | 40,081 |
14,401 | 14,743 | 13,980 | 14,234 | 61,212 |
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Webzen Trading Date Momentum on August 22, 2023
On August 23 2023 Webzen Inc was traded for 14,234 at the closing time. The highest price during the trading period was 14,743 and the lowest recorded bid was listed for 13,980 . The volume for the day was 61.2 K. This history from August 23, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.09% . The trading price change to the current price is 3.46% . |
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.
Price Boundaries
Webzen Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
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.
Risk Adjusted Performance | (0.10) | |||
Jensen Alpha | (0.32) | |||
Total Risk Alpha | (0.69) | |||
Treynor Ratio | 2.8 |
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Volume Indicators |
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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