Wonik QnC (Korea) Price on August 2, 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 Standard Deviation of 2.66, mean deviation of 1.99, and Market Risk Adjusted Performance of 1.72 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.

Sharpe Ratio = -0.1595

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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 August 2, 2024

It is possible to determine the worth of Wonik QnC on a given historical date. On August 2, 2024 Wonik was worth 29500.0 at the beginning of the trading date compared to the closed value of 27900.0. 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
  31,250    31,300    30,400    30,700    276,685  
08/02/2024
  29,500    29,750    27,850    27,900    574,677  
  27,000    27,600    24,250    24,900    635,272  
Backtest Wonik QnC  |  Wonik QnC History  |  Wonik QnC Valuation   PreviousNext  
Open Value
29500.0
29,492
Downside
27900.0
Closing Value
29,508
Upside

Wonik QnC Trading Date Momentum on August 2, 2024

On August 05 2024 Wonik QnC was traded for  24,900  at the closing time. The highest price during the trading period was 27,600  and the lowest recorded bid was listed for  24,250 . The volume for the day was 635.3 K. This history from August 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 10.75% . The trading price change to the current price is 1.08% .

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

Wonik QnC Period Price Range

Low
November 27, 2024
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High

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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.

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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