Youngchang Chemical (Korea) Price on November 6, 2024
| 112290 Stock | 14,040 40.00 0.29% |
If you're considering investing in Youngchang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Youngchang Chemical stands at 14,040, as last reported on the 26th of November, with the highest price reaching 14,180 and the lowest price hitting 13,800 during the day. Youngchang Chemical shows Sharpe Ratio of -0.0212, which attests that the company had a -0.0212% return per unit of risk over the last 3 months. Youngchang Chemical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Youngchang Chemical's Market Risk Adjusted Performance of (0.19), standard deviation of 4.57, and Mean Deviation of 3.32 to validate the risk estimate we provide.
Youngchang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Youngchang |
Sharpe Ratio = -0.0212
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| Negative Returns | 112290 |
Estimated Market Risk
| 4.74 actual daily | 42 58% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Youngchang 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 Youngchang Chemical by adding Youngchang Chemical to a well-diversified portfolio.
Youngchang Chemical Valuation on November 6, 2024
It is possible to determine the worth of Youngchang Chemical on a given historical date. On November 6, 2024 Youngchang was worth 16330.0 at the beginning of the trading date compared to the closed value of 15150.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Youngchang Chemical stock. Still, in general, we apply an absolute valuation method to find Youngchang 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 Youngchang Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Youngchang Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 16,090 | 16,710 | 15,970 | 16,010 | 92,206 | |
11/06/2024 | 16,330 | 16,440 | 15,140 | 15,150 | 93,443 |
| 15,200 | 15,200 | 14,480 | 14,790 | 83,494 |
| Backtest Youngchang Chemical | | | Youngchang Chemical History | | | Youngchang Chemical Valuation | Previous | Next |
Youngchang Chemical Trading Date Momentum on November 6, 2024
| On November 07 2024 Youngchang Chemical Co was traded for 14,790 at the closing time. The highest price during the trading period was 15,200 and the lowest recorded bid was listed for 14,480 . The volume for the day was 83.5 K. This history from November 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.38% . The trading price change to the current price is 13.73% . |
About Youngchang Chemical Stock history
Youngchang 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 Youngchang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Youngchang 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 Youngchang Chemical stock prices may prove useful in developing a viable investing in Youngchang Chemical
Youngchang Chemical Stock Technical Analysis
Youngchang 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
Youngchang Chemical Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Youngchang Chemical Co 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.
Youngchang Chemical November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Youngchang 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 Youngchang Chemical shares will generate the highest return on investment. By undertsting and applying Youngchang Chemical stock market strength indicators, traders can identify Youngchang Chemical Co entry and exit signals to maximize returns
Youngchang Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Youngchang Chemical's price direction in advance. Along with the technical and fundamental analysis of Youngchang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Youngchang 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 | (0.02) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (0.20) |
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When running Youngchang Chemical's price analysis, check to measure Youngchang 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 Youngchang Chemical is operating at the current time. Most of Youngchang Chemical's value examination focuses on studying past and present price action to predict the probability of Youngchang 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 Youngchang Chemical's price. Additionally, you may evaluate how the addition of Youngchang Chemical to your portfolios can decrease your overall portfolio volatility.
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