Jeju Air (Korea) Price on March 4, 2024
089590 Stock | 7,400 10.00 0.13% |
If you're considering investing in Jeju Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jeju Air stands at 7,400, as last reported on the 25th of February, with the highest price reaching 7,440 and the lowest price hitting 7,330 during the day. Jeju Air holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19 % return per unit of risk over the last 3 months. Jeju Air exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jeju Air's Market Risk Adjusted Performance of (31.05), standard deviation of 2.16, and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
Jeju Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jeju |
Sharpe Ratio = -0.1932
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Estimated Market Risk
2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Jeju Air 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 Jeju Air by adding Jeju Air to a well-diversified portfolio.
Jeju Air Valuation on March 4, 2024
It is possible to determine the worth of Jeju Air on a given historical date. On March 4, 2024 Jeju was worth 11130.0 at the beginning of the trading date compared to the closed value of 10690.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jeju Air stock. Still, in general, we apply an absolute valuation method to find Jeju Air'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 Jeju Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jeju Air's related companies.
Open | High | Low | Close | Volume | |
11,190 | 11,200 | 11,050 | 11,130 | 141,954 | |
03/04/2024 | 11,130 | 11,140 | 10,580 | 10,690 | 379,829 |
10,810 | 10,880 | 10,650 | 10,720 | 167,943 |
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Jeju Air Trading Date Momentum on March 4, 2024
On March 05 2024 Jeju Air Co was traded for 10,720 at the closing time. The highest price during the trading period was 10,880 and the lowest recorded bid was listed for 10,650 . The volume for the day was 167.9 K. This history from March 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.28% . The trading delta at closing time to the current price is 2.53% . |
Jeju Air Fundamentals Correlations and Trends
By evaluating Jeju Air'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 Jeju Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jeju financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jeju Air Stock history
Jeju Air 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 Jeju is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jeju Air 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 Jeju Air stock prices may prove useful in developing a viable investing in Jeju Air
Jeju Air Stock Technical Analysis
Jeju Air 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
Jeju Air Period Price Range
Low | February 25, 2025
| High |
0.00 | 0.00 |
Jeju Air Co 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.
Jeju Air February 25, 2025 Market Strength
Market strength indicators help investors to evaluate how Jeju Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jeju Air shares will generate the highest return on investment. By undertsting and applying Jeju Air stock market strength indicators, traders can identify Jeju Air Co entry and exit signals to maximize returns
Jeju Air Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jeju Air's price direction in advance. Along with the technical and fundamental analysis of Jeju Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jeju 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 | (0.07) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.23) | |||
Treynor Ratio | (31.06) |
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Complementary Tools for Jeju Stock analysis
When running Jeju Air's price analysis, check to measure Jeju Air'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 Jeju Air is operating at the current time. Most of Jeju Air's value examination focuses on studying past and present price action to predict the probability of Jeju Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jeju Air's price. Additionally, you may evaluate how the addition of Jeju Air to your portfolios can decrease your overall portfolio volatility.
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