Daehan Steel (Korea) Price on January 12, 2024
| 084010 Stock | 15,270 70.00 0.46% |
If you're considering investing in Daehan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Daehan Steel stands at 15,270, as last reported on the 27th of November, with the highest price reaching 15,290 and the lowest price hitting 15,120 during the day. Daehan Steel appears to be very steady, given 3 months investment horizon. Daehan Steel secures Sharpe Ratio (or Efficiency) of 0.23, which denotes the company had a 0.23% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Daehan Steel, which you can use to evaluate the volatility of the firm. Please utilize Daehan Steel's Mean Deviation of 1.17, downside deviation of 1.42, and Semi Deviation of 0.8117 to check if our risk estimates are consistent with your expectations.
Daehan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Daehan |
Sharpe Ratio = 0.2286
| Best Portfolio | Best Equity | |||
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| Small Returns | 084010 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.07 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Daehan Steel is performing at about 18% 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 Daehan Steel by adding it to a well-diversified portfolio.
Daehan Steel Valuation on January 12, 2024
It is possible to determine the worth of Daehan Steel on a given historical date. On January 12, 2024 Daehan was worth 12840.0 at the beginning of the trading date compared to the closed value of 12710.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daehan Steel stock. Still, in general, we apply an absolute valuation method to find Daehan Steel'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 Daehan Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daehan Steel's related companies.
| Open | High | Low | Close | Volume | |
| 12,760 | 13,190 | 12,760 | 12,840 | 18,982 | |
01/12/2024 | 12,840 | 12,940 | 12,190 | 12,710 | 19,796 |
| 12,600 | 12,710 | 12,600 | 12,630 | 1,494 |
| Backtest Daehan Steel | | | Daehan Steel History | | | Daehan Steel Valuation | Previous | Next |
Daehan Steel Trading Date Momentum on January 12, 2024
| On January 15 2024 Daehan Steel was traded for 12,630 at the closing time. The highest price during the trading period was 12,710 and the lowest recorded bid was listed for 12,600 . The volume for the day was 1.5 K. This history from January 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.63% . The overall trading delta to the current price is 2.68% . |
Daehan Steel Fundamentals Correlations and Trends
By evaluating Daehan Steel'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 Daehan Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Daehan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Daehan Steel Stock history
Daehan Steel 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 Daehan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Daehan Steel 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 Daehan Steel stock prices may prove useful in developing a viable investing in Daehan Steel
Daehan Steel Stock Technical Analysis
Daehan Steel 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
Daehan Steel Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Daehan Steel cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock Exchange. 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.
Daehan Steel November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Daehan Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daehan Steel shares will generate the highest return on investment. By undertsting and applying Daehan Steel stock market strength indicators, traders can identify Daehan Steel entry and exit signals to maximize returns
Daehan Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Daehan Steel's price direction in advance. Along with the technical and fundamental analysis of Daehan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Daehan 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 | 0.1712 | |||
| Jensen Alpha | 0.4482 | |||
| Total Risk Alpha | 0.108 | |||
| Sortino Ratio | 0.2152 | |||
| Treynor Ratio | (2.39) |
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| Volume Indicators |
Complementary Tools for Daehan Stock analysis
When running Daehan Steel's price analysis, check to measure Daehan Steel'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 Daehan Steel is operating at the current time. Most of Daehan Steel's value examination focuses on studying past and present price action to predict the probability of Daehan Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daehan Steel's price. Additionally, you may evaluate how the addition of Daehan Steel to your portfolios can decrease your overall portfolio volatility.
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