Wonik QnC (Korea) Price on July 17, 2024
074600 Stock | KRW 20,300 100.00 0.50% |
If you're considering investing in Wonik Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wonik QnC stands at 20,300, as last reported on the 27th of November, with the highest price reaching 20,300 and the lowest price hitting 19,970 during the day. Wonik QnC shows Sharpe Ratio of -0.16, which attests that the company had a -0.16% return per unit of risk over the last 3 months. Wonik QnC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wonik QnC's Market Risk Adjusted Performance of 1.72, mean deviation of 1.99, and Standard Deviation of 2.66 to validate the risk estimate we provide.
Wonik Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wonik |
Sharpe Ratio = -0.1595
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Negative Returns | 074600 |
Estimated Market Risk
2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wonik QnC 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 Wonik QnC by adding Wonik QnC to a well-diversified portfolio.
Wonik QnC Valuation on July 17, 2024
It is possible to determine the worth of Wonik QnC on a given historical date. On July 17, 2024 Wonik was worth 35600.0 at the beginning of the trading date compared to the closed value of 33200.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wonik QnC stock. Still, in general, we apply an absolute valuation method to find Wonik QnC'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 Wonik QnC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wonik QnC's related companies.
Open | High | Low | Close | Volume | |
34,950 | 35,700 | 34,600 | 35,600 | 199,663 | |
07/17/2024 | 35,600 | 35,600 | 33,200 | 33,200 | 582,389 |
31,800 | 33,450 | 31,250 | 33,200 | 619,582 |
Backtest Wonik QnC | | | Wonik QnC History | | | Wonik QnC Valuation | Previous | Next |
Wonik QnC Trading Date Momentum on July 17, 2024
On July 18 2024 Wonik QnC was traded for 33,200 at the closing time. The highest price during the trading period was 33,450 and the lowest recorded bid was listed for 31,250 . The volume for the day was 619.6 K. This history from July 18, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 9.49% . |
Wonik QnC Fundamentals Correlations and Trends
By evaluating Wonik QnC'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 Wonik QnC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wonik financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wonik QnC Stock history
Wonik QnC 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 Wonik is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wonik QnC 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 Wonik QnC stock prices may prove useful in developing a viable investing in Wonik QnC
Wonik QnC Stock Technical Analysis
Wonik QnC 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
Wonik QnC Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Wonik QnC 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.
Wonik QnC November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Wonik QnC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wonik QnC shares will generate the highest return on investment. By undertsting and applying Wonik QnC stock market strength indicators, traders can identify Wonik QnC entry and exit signals to maximize returns
Wonik QnC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wonik QnC's price direction in advance. Along with the technical and fundamental analysis of Wonik Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wonik 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 | (0.14) | |||
Jensen Alpha | (0.48) | |||
Total Risk Alpha | (0.94) | |||
Treynor Ratio | 1.71 |
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Volume Indicators |
Complementary Tools for Wonik Stock analysis
When running Wonik QnC's price analysis, check to measure Wonik QnC'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 Wonik QnC is operating at the current time. Most of Wonik QnC's value examination focuses on studying past and present price action to predict the probability of Wonik QnC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wonik QnC's price. Additionally, you may evaluate how the addition of Wonik QnC to your portfolios can decrease your overall portfolio volatility.
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