NewFlex Technology (Korea) Price on October 16, 2023

085670 Stock  KRW 4,670  170.00  3.51%   
If you're considering investing in NewFlex Stock, it is important to understand the factors that can impact its price. As of today, the current price of NewFlex Technology stands at 4,670, as last reported on the 30th of November, with the highest price reaching 4,835 and the lowest price hitting 4,610 during the day. NewFlex Technology has Sharpe Ratio of -0.009, which conveys that the firm had a -0.009% return per unit of risk over the last 3 months. NewFlex Technology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NewFlex Technology's Risk Adjusted Performance of 1.0E-4, standard deviation of 4.1, and Mean Deviation of 2.67 to check out the risk estimate we provide.
  
NewFlex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.009

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Estimated Market Risk

 4.26
  actual daily
37
63% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average NewFlex Technology 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 NewFlex Technology by adding NewFlex Technology to a well-diversified portfolio.

NewFlex Technology Valuation on October 16, 2023

It is possible to determine the worth of NewFlex Technology on a given historical date. On October 16, 2023 NewFlex was worth 4400.0 at the beginning of the trading date compared to the closed value of 4580.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NewFlex Technology stock. Still, in general, we apply an absolute valuation method to find NewFlex Technology'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 NewFlex Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NewFlex Technology's related companies.
 Open High Low Close Volume
  4,505    4,505    4,390    4,420    53,779  
10/16/2023
  4,400    4,585    4,280    4,580    160,242  
  4,580    4,695    4,575    4,680    130,014  
Backtest NewFlex Technology  |  NewFlex Technology History  |  NewFlex Technology Valuation   PreviousNext  
Open Value
4400.0
4580.0
Closing Value
4,413
Upside

NewFlex Technology Trading Date Momentum on October 16, 2023

On October 17 2023 NewFlex Technology Co was traded for  4,680  at the closing time. The highest price during the trading period was 4,695  and the lowest recorded bid was listed for  4,575 . The volume for the day was 130 K. This history from October 17, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 2.18% . The trading delta at closing time to the current price is 14.08% .

NewFlex Technology Fundamentals Correlations and Trends

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

About NewFlex Technology Stock history

NewFlex Technology 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 NewFlex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NewFlex Technology 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 NewFlex Technology stock prices may prove useful in developing a viable investing in NewFlex Technology

NewFlex Technology Stock Technical Analysis

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

NewFlex Technology Period Price Range

Low
November 30, 2024
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High

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NewFlex Technology Co 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.

NewFlex Technology November 30, 2024 Market Strength

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

NewFlex Technology Technical and Predictive Indicators

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

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