Techwing (Korea) Price on October 28, 2024
| 089030 Stock | 50,300 1,500 3.07% |
If you're considering investing in Techwing Stock, it is important to understand the factors that can impact its price. As of today, the current price of Techwing stands at 50,300, as last reported on the 12th of January 2025, with the highest price reaching 51,100 and the lowest price hitting 48,300 during the day. Techwing appears to be very steady, given 3 months investment horizon. Techwing owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. By inspecting Techwing's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please review Techwing's Coefficient Of Variation of 906.44, semi deviation of 4.23, and Risk Adjusted Performance of 0.099 to confirm if our risk estimates are consistent with your expectations.
Techwing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Techwing |
Sharpe Ratio = 0.1103
| Best Portfolio | Best Equity | |||
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| Small Returns | 089030 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.93 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Techwing is performing at about 8% 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 Techwing by adding it to a well-diversified portfolio.
Techwing Valuation on October 28, 2024
It is possible to determine the worth of Techwing on a given historical date. On October 28, 2024 Techwing was worth 42400.0 at the beginning of the trading date compared to the closed value of 41350.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Techwing stock. Still, in general, we apply an absolute valuation method to find Techwing'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 Techwing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Techwing's related companies.
| Open | High | Low | Close | Volume | |
| 42,750 | 43,500 | 41,300 | 42,400 | 1,019,279 | |
10/28/2024 | 42,400 | 43,150 | 40,700 | 41,350 | 667,905 |
| 41,150 | 41,700 | 39,650 | 41,450 | 761,877 |
| Backtest Techwing | | | Techwing History | Previous | Next |
Techwing Trading Date Momentum on October 28, 2024
| On October 29 2024 Techwing was traded for 41,450 at the closing time. The highest price during the trading period was 41,700 and the lowest recorded bid was listed for 39,650 . The volume for the day was 761.9 K. This history from October 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.24% . The trading price change to the current price is 5.20% . |
Price Boundaries
Techwing Period Price Range
Low | January 12, 2025
| High |
0.00 | 0.00 |
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Techwing January 12, 2025 Market Strength
Market strength indicators help investors to evaluate how Techwing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Techwing shares will generate the highest return on investment. By undertsting and applying Techwing stock market strength indicators, traders can identify Techwing entry and exit signals to maximize returns
Techwing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Techwing's price direction in advance. Along with the technical and fundamental analysis of Techwing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Techwing 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 | 0.099 | |||
| Jensen Alpha | 0.5285 | |||
| Total Risk Alpha | 0.6048 | |||
| Sortino Ratio | 0.1147 | |||
| Treynor Ratio | (1.15) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Techwing Stock analysis
When running Techwing's price analysis, check to measure Techwing'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 Techwing is operating at the current time. Most of Techwing's value examination focuses on studying past and present price action to predict the probability of Techwing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Techwing's price. Additionally, you may evaluate how the addition of Techwing to your portfolios can decrease your overall portfolio volatility.
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