Itcen (Korea) Price on November 11, 2024

124500 Stock  KRW 5,360  20.00  0.37%   
If you're considering investing in Itcen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Itcen stands at 5,360, as last reported on the 12th of January 2025, with the highest price reaching 5,470 and the lowest price hitting 5,250 during the day. Itcen holds Efficiency (Sharpe) Ratio of -0.054, which attests that the entity had a -0.054% return per unit of risk over the last 3 months. Itcen exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Itcen's Risk Adjusted Performance of (0.04), market risk adjusted performance of (0.31), and Standard Deviation of 3.78 to validate the risk estimate we provide.
  
Itcen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.054

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns124500

Estimated Market Risk

 3.86
  actual daily
34
66% of assets are more volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Itcen 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 Itcen by adding Itcen to a well-diversified portfolio.

Itcen Valuation on November 11, 2024

It is possible to determine the worth of Itcen on a given historical date. On November 11, 2024 Itcen was worth 6440.0 at the beginning of the trading date compared to the closed value of 6410.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Itcen stock. Still, in general, we apply an absolute valuation method to find Itcen'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 Itcen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Itcen's related companies.
 Open High Low Close Volume
  6,280    6,500    6,150    6,500    161,565  
11/11/2024
  6,440    6,650    6,400    6,410    181,460  
  6,430    6,610    6,150    6,200    154,455  
Backtest Itcen  |  Itcen History  |  Itcen Valuation   PreviousNext  
Open Value
6440.0
6410.0
Closing Value
6,452
Upside

Itcen Trading Date Momentum on November 11, 2024

On November 12 2024 Itcen Co was traded for  6,200  at the closing time. The highest price during the trading period was 6,610  and the lowest recorded bid was listed for  6,150 . The volume for the day was 154.5 K. This history from November 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.28% . The trading delta at closing time to the current price is 8.42% .

Itcen Fundamentals Correlations and Trends

By evaluating Itcen'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 Itcen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Itcen financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Itcen Stock history

Itcen 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 Itcen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Itcen 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 Itcen stock prices may prove useful in developing a viable investing in Itcen
Itcen Co., Ltd. provides consulting, ICT, and outsourcing services and solutions in South Korea. Itcen Co., Ltd. was founded in 2005 and is based in Seoul, South Korea. ITCEN is traded on Korean Securities Dealers Automated Quotations in South Korea.

Itcen Stock Technical Analysis

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

Itcen Period Price Range

Low
January 12, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Itcen 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.

Itcen January 12, 2025 Market Strength

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

Itcen Technical and Predictive Indicators

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

When running Itcen's price analysis, check to measure Itcen'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 Itcen is operating at the current time. Most of Itcen's value examination focuses on studying past and present price action to predict the probability of Itcen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itcen's price. Additionally, you may evaluate how the addition of Itcen to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Fundamental Analysis
View fundamental data based on most recent published financial statements
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges