WONIK Materials (Korea) Price on December 12, 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' Standard Deviation of 2.55, risk adjusted performance of (0.14), 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.
WONIK |
Sharpe Ratio = -0.1688
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Negative Returns | 104830 |
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 December 12, 2024
It is possible to determine the worth of WONIK Materials on a given historical date. On December 12, 2024 WONIK was worth 17510.0 at the beginning of the trading date compared to the closed value of 18560.0. 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 | |
17,110 | 17,580 | 17,090 | 17,480 | 30,837 | |
12/12/2024 | 17,510 | 18,860 | 17,490 | 18,560 | 157,353 |
Backtest WONIK Materials | | | WONIK Materials History | | | WONIK Materials Valuation | Previous |
WONIK Materials Trading Date Momentum on December 12, 2024
On December 12 2024 WONIK Materials CoLtd was traded for 18,560 at the closing time. The highest price during the trading period was 18,860 and the lowest recorded bid was listed for 17,490 . The volume for the day was 157.4 K. This history from December 12, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 5.66% . |
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.
Price Boundaries
WONIK Materials Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
WONIK Materials CoLtd 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.
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.
Risk Adjusted Performance | (0.14) | |||
Jensen Alpha | (0.53) | |||
Total Risk Alpha | (0.90) | |||
Treynor Ratio | 11.73 |
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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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