TK Chemical (Korea) Price on November 22, 2024
104480 Stock | KRW 1,292 12.00 0.92% |
If you're considering investing in 104480 Stock, it is important to understand the factors that can impact its price. As of today, the current price of TK Chemical stands at 1,292, as last reported on the 24th of November, with the highest price reaching 1,325 and the lowest price hitting 1,292 during the day. TK Chemical retains Efficiency (Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of price deviation over the last 3 months. TK Chemical exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TK Chemical's Mean Deviation of 1.1, standard deviation of 1.49, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
104480 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
104480 |
Sharpe Ratio = -0.1077
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Estimated Market Risk
1.46 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TK Chemical 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 TK Chemical by adding TK Chemical to a well-diversified portfolio.
TK Chemical Valuation on November 22, 2024
It is possible to determine the worth of TK Chemical on a given historical date. On November 22, 2024 104480 was worth 1303.0 at the beginning of the trading date compared to the closed value of 1292.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TK Chemical stock. Still, in general, we apply an absolute valuation method to find TK Chemical'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 TK Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TK Chemical's related companies.
Open | High | Low | Close | Volume | |
1,290 | 1,322 | 1,284 | 1,304 | 66,500 | |
11/22/2024 | 1,303 | 1,325 | 1,292 | 1,292 | 81,770 |
1,303 | 1,325 | 1,292 | 1,292 | 0.00 |
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TK Chemical Trading Date Momentum on November 22, 2024
On November 24 2024 TK Chemical was traded for 1,292 at the closing time. The highest price during the trading period was 1,325 and the lowest recorded bid was listed for 1,292 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.85% . |
TK Chemical Fundamentals Correlations and Trends
By evaluating TK Chemical'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 TK Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 104480 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TK Chemical Stock history
TK Chemical 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 104480 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TK Chemical 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 TK Chemical stock prices may prove useful in developing a viable investing in TK Chemical
The company offers polyester yarns and spandex yarns, as well as PET resins. TK Chemical Corporation was founded in 1965 and is headquartered in Daegu, South Korea. TK CHEMICAL is traded on Korean Securities Dealers Automated Quotations in South Korea.
TK Chemical Stock Technical Analysis
TK Chemical 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
TK Chemical Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
TK Chemical 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.
TK Chemical November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how TK Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TK Chemical shares will generate the highest return on investment. By undertsting and applying TK Chemical stock market strength indicators, traders can identify TK Chemical entry and exit signals to maximize returns
TK Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TK Chemical's price direction in advance. Along with the technical and fundamental analysis of 104480 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 104480 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 | (0.06) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.37) | |||
Treynor Ratio | 3.63 |
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Complementary Tools for 104480 Stock analysis
When running TK Chemical's price analysis, check to measure TK Chemical'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 TK Chemical is operating at the current time. Most of TK Chemical's value examination focuses on studying past and present price action to predict the probability of TK Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TK Chemical's price. Additionally, you may evaluate how the addition of TK Chemical to your portfolios can decrease your overall portfolio volatility.
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