WooriNet (Korea) Price on December 4, 2024
| 115440 Stock | KRW 7,120 90.00 1.28% |
If you're considering investing in WooriNet Stock, it is important to understand the factors that can impact its price. As of today, the current price of WooriNet stands at 7,120, as last reported on the 13th of December 2024, with the highest price reaching 7,450 and the lowest price hitting 6,910 during the day. At this point, WooriNet is very steady. WooriNet shows Sharpe Ratio of 0.035, which attests that the company had a 0.035% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for WooriNet, which you can use to evaluate the volatility of the company. Please check out WooriNet's Downside Deviation of 2.98, market risk adjusted performance of 0.1899, and Mean Deviation of 2.46 to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
WooriNet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
WooriNet |
Sharpe Ratio = 0.035
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| Cash | Small Risk | Average Risk | 115440 | Huge Risk |
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Estimated Market Risk
| 4.1 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average WooriNet is performing at about 2% of its full potential. 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 WooriNet by adding it to a well-diversified portfolio.
WooriNet Valuation on December 4, 2024
It is possible to determine the worth of WooriNet on a given historical date. On December 4, 2024 WooriNet was worth 6760.0 at the beginning of the trading date compared to the closed value of 6770.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WooriNet stock. Still, in general, we apply an absolute valuation method to find WooriNet'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 WooriNet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WooriNet's related companies.
| Open | High | Low | Close | Volume | |
| 6,800 | 6,970 | 6,800 | 6,900 | 62,753 | |
12/04/2024 | 6,760 | 7,430 | 6,600 | 6,770 | 598,736 |
| 6,770 | 6,800 | 6,640 | 6,640 | 92,851 |
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WooriNet Trading Date Momentum on December 4, 2024
| On December 05 2024 WooriNet was traded for 6,640 at the closing time. The highest price during the trading period was 6,800 and the lowest recorded bid was listed for 6,640 . The volume for the day was 92.9 K. This history from December 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.92% . The trading price change to the current price is 6.35% . |
WooriNet Fundamentals Correlations and Trends
By evaluating WooriNet'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 WooriNet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WooriNet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WooriNet Stock history
WooriNet 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 WooriNet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WooriNet 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 WooriNet stock prices may prove useful in developing a viable investing in WooriNet
WooriNet, Inc. designs, manufactures, and supplies fiber optics transmission and wireline access network systems to telecommunications service providers in South Korea. The company was founded in 2000 and is based in Anyang, South Korea. WooriNet is traded on Korean Securities Dealers Automated Quotations in South Korea.
WooriNet Stock Technical Analysis
WooriNet 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
WooriNet Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
WooriNet 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.
WooriNet December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how WooriNet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WooriNet shares will generate the highest return on investment. By undertsting and applying WooriNet stock market strength indicators, traders can identify WooriNet entry and exit signals to maximize returns
WooriNet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WooriNet's price direction in advance. Along with the technical and fundamental analysis of WooriNet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WooriNet 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 | 0.0146 | |||
| Jensen Alpha | 0.0107 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1799 |
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Complementary Tools for WooriNet Stock analysis
When running WooriNet's price analysis, check to measure WooriNet'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 WooriNet is operating at the current time. Most of WooriNet's value examination focuses on studying past and present price action to predict the probability of WooriNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WooriNet's price. Additionally, you may evaluate how the addition of WooriNet to your portfolios can decrease your overall portfolio volatility.
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