WONIK Materials (Korea) Price on October 29, 2024

104830 Stock   18,560  1,080  6.18%   
If you're considering investing in WONIK Stock, it is important to understand the factors that can impact its price. As of today, the current price of WONIK Materials stands at 18,560, as last reported on the 13th of December 2024, with the highest price reaching 18,860 and the lowest price hitting 17,490 during the day. WONIK Materials CoLtd shows Sharpe Ratio of -0.17, which attests that the company had a -0.17% return per unit of standard deviation over the last 3 months. WONIK Materials CoLtd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WONIK Materials' Risk Adjusted Performance of (0.14), standard deviation of 2.55, and Mean Deviation of 2.04 to validate the risk estimate we provide.
  
WONIK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1688

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Estimated Market Risk

 2.54
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.43
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average WONIK Materials 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 WONIK Materials by adding WONIK Materials to a well-diversified portfolio.

WONIK Materials Valuation on October 29, 2024

It is possible to determine the worth of WONIK Materials on a given historical date. On October 29, 2024 WONIK was worth 21750.0 at the beginning of the trading date compared to the closed value of 21750.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WONIK Materials stock. Still, in general, we apply an absolute valuation method to find WONIK Materials' 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 WONIK Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WONIK Materials' related companies.
 Open High Low Close Volume
  21,300    21,900    21,150    21,750    46,927  
10/29/2024
  21,750    21,750    21,350    21,750    22,025  
  21,750    22,050    21,450    21,750    35,641  
Backtest WONIK Materials  |  WONIK Materials History  |  WONIK Materials Valuation   PreviousNext  
Open Value
21750.0
21,742
Downside
21750.0
Closing Value
21,758
Upside

WONIK Materials Trading Date Momentum on October 29, 2024

On October 30 2024 WONIK Materials CoLtd was traded for  21,750  at the closing time. The highest price during the trading period was 22,050  and the lowest recorded bid was listed for  21,450 . The volume for the day was 35.6 K. This history from October 30, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 5.29% .

WONIK Materials CoLtd Fundamentals Correlations and Trends

By evaluating WONIK Materials' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among WONIK Materials' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WONIK financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About WONIK Materials Stock history

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

WONIK Materials Stock Technical Analysis

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

WONIK Materials Period Price Range

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December 13, 2024
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WONIK Materials December 13, 2024 Market Strength

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

WONIK Materials Technical and Predictive Indicators

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

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