Fine Besteel (Korea) Price on June 5, 2024
| 133820 Stock | 1,100 27.00 2.52% |
If you're considering investing in Fine Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fine Besteel stands at 1,100, as last reported on the 29th of November, with the highest price reaching 1,148 and the lowest price hitting 1,063 during the day. Fine Besteel appears to be very steady, given 3 months investment horizon. Fine Besteel secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fine Besteel Co, which you can use to evaluate the volatility of the firm. Please utilize Fine Besteel's Downside Deviation of 2.18, coefficient of variation of 1416.92, and Mean Deviation of 1.99 to check if our risk estimates are consistent with your expectations.
Fine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fine |
Sharpe Ratio = 0.1131
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 133820 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Fine Besteel is performing at about 8% 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 Fine Besteel by adding it to a well-diversified portfolio.
Fine Besteel Valuation on June 5, 2024
It is possible to determine the worth of Fine Besteel on a given historical date. On June 5, 2024 Fine was worth 1124.0 at the beginning of the trading date compared to the closed value of 1133.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fine Besteel stock. Still, in general, we apply an absolute valuation method to find Fine Besteel'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 Fine Besteel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fine Besteel's related companies.
| Open | High | Low | Close | Volume | |
| 1,132 | 1,152 | 1,100 | 1,115 | 62,531 | |
06/05/2024 | 1,124 | 1,167 | 1,090 | 1,133 | 56,599 |
| 1,150 | 1,169 | 1,123 | 1,146 | 22,395 |
| Backtest Fine Besteel | | | Fine Besteel History | | | Fine Besteel Valuation | Previous | Next |
Fine Besteel Trading Date Momentum on June 5, 2024
| On June 07 2024 Fine Besteel Co was traded for 1,146 at the closing time. The highest price during the trading period was 1,169 and the lowest recorded bid was listed for 1,123 . The volume for the day was 22.4 K. This history from June 7, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.15% . The overall trading delta to the current price is 1.41% . |
About Fine Besteel Stock history
Fine Besteel 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 Fine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fine Besteel 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 Fine Besteel stock prices may prove useful in developing a viable investing in Fine Besteel
Fine Besteel Stock Technical Analysis
Fine Besteel 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
Fine Besteel Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Fine Besteel 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.
Fine Besteel November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Fine Besteel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fine Besteel shares will generate the highest return on investment. By undertsting and applying Fine Besteel stock market strength indicators, traders can identify Fine Besteel Co entry and exit signals to maximize returns
Fine Besteel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fine Besteel's price direction in advance. Along with the technical and fundamental analysis of Fine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fine 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 | 0.0617 | |||
| Jensen Alpha | 0.1533 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.045 | |||
| Treynor Ratio | 0.4088 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Fine Stock analysis
When running Fine Besteel's price analysis, check to measure Fine Besteel'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 Fine Besteel is operating at the current time. Most of Fine Besteel's value examination focuses on studying past and present price action to predict the probability of Fine Besteel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fine Besteel's price. Additionally, you may evaluate how the addition of Fine Besteel to your portfolios can decrease your overall portfolio volatility.
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