Asia Economy (Korea) Price on October 31, 2024
| 127710 Stock | KRW 1,610 120.00 8.05% |
If you're considering investing in Asia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asia Economy stands at 1,610, as last reported on the 12th of December 2024, with the highest price reaching 1,649 and the lowest price hitting 1,579 during the day. Asia Economy appears to be very steady, given 3 months investment horizon. Asia Economy Daily secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Asia Economy Daily, which you can use to evaluate the volatility of the firm. Please makes use of Asia Economy's Mean Deviation of 1.49, risk adjusted performance of 0.114, and Downside Deviation of 2.02 to double-check if our risk estimates are consistent with your expectations.
Asia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asia |
Sharpe Ratio = 0.16
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 127710 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Asia Economy is performing at about 12% 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 Asia Economy by adding it to a well-diversified portfolio.
Asia Economy Valuation on October 31, 2024
It is possible to determine the worth of Asia Economy on a given historical date. On October 31, 2024 Asia was worth 1307.0 at the beginning of the trading date compared to the closed value of 1318.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asia Economy stock. Still, in general, we apply an absolute valuation method to find Asia Economy'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 Asia Economy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asia Economy's related companies.
| Open | High | Low | Close | Volume | |
| 1,294 | 1,320 | 1,286 | 1,307 | 55,397 | |
10/31/2024 | 1,307 | 1,321 | 1,291 | 1,318 | 36,058 |
| 1,318 | 1,334 | 1,303 | 1,333 | 18,024 |
| Backtest Asia Economy | | | Asia Economy History | | | Asia Economy Valuation | Previous | Next |
Asia Economy Trading Date Momentum on October 31, 2024
| On November 01 2024 Asia Economy Daily was traded for 1,333 at the closing time. The highest price during the trading period was 1,334 and the lowest recorded bid was listed for 1,303 . The volume for the day was 18 K. This history from November 1, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.14% . The overall trading delta to the current price is 1.29% . |
Asia Economy Daily Fundamentals Correlations and Trends
By evaluating Asia Economy'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 Asia Economy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asia Economy Stock history
Asia Economy 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 Asia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asia Economy Daily 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 Asia Economy stock prices may prove useful in developing a viable investing in Asia Economy
The Asia Business Daily Co., Ltd. publishes online and print papers. The Asia Business Daily Co., Ltd. operates as a subsidiary of KMH Co. ASIA BUSINESS is traded on Korean Securities Dealers Automated Quotations in South Korea.
Asia Economy Stock Technical Analysis
Asia Economy 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
Asia Economy Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Asia Economy Daily 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.
Asia Economy December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Asia Economy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asia Economy shares will generate the highest return on investment. By undertsting and applying Asia Economy stock market strength indicators, traders can identify Asia Economy Daily entry and exit signals to maximize returns
Asia Economy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asia Economy's price direction in advance. Along with the technical and fundamental analysis of Asia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asia 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 | 0.114 | |||
| Jensen Alpha | 0.2902 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0964 | |||
| Treynor Ratio | 1.86 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Asia Stock analysis
When running Asia Economy's price analysis, check to measure Asia Economy'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 Asia Economy is operating at the current time. Most of Asia Economy's value examination focuses on studying past and present price action to predict the probability of Asia Economy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Economy's price. Additionally, you may evaluate how the addition of Asia Economy to your portfolios can decrease your overall portfolio volatility.
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