Miwon Chemical (Korea) Price on February 17, 2023

134380 Stock   77,800  1,100  1.43%   
If you're considering investing in Miwon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Miwon Chemical stands at 77,800, as last reported on the 27th of November, with the highest price reaching 77,800 and the lowest price hitting 77,800 during the day. Miwon Chemical has Sharpe Ratio of -0.0339, which conveys that the firm had a -0.0339% return per unit of risk over the last 3 months. Miwon Chemical exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Miwon Chemical's Standard Deviation of 0.6873, mean deviation of 0.4907, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
  
Miwon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0339

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Estimated Market Risk

 0.64
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Miwon 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 Miwon Chemical by adding Miwon Chemical to a well-diversified portfolio.

Miwon Chemical Valuation on February 17, 2023

It is possible to determine the worth of Miwon Chemical on a given historical date. On February 17, 2023 Miwon was worth 59684.58 at the beginning of the trading date compared to the closed value of 59684.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Miwon Chemical stock. Still, in general, we apply an absolute valuation method to find Miwon 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 Miwon Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Miwon Chemical's related companies.
 Open High Low Close Volume
  59,314    59,962    59,314    59,685    27.00  
02/17/2023
  59,685    59,685    59,592    59,685    39.00  
  59,777    59,777    59,500    59,500    114.00  
Backtest Miwon Chemical  |  Miwon Chemical History  |  Miwon Chemical Valuation   PreviousNext  
Open Value
59684.58
59,683
Downside
59684.58
Closing Value
59,687
Upside

Miwon Chemical Trading Date Momentum on February 17, 2023

On February 20 2023 Miwon Chemical was traded for  59,500  at the closing time. The highest price during the trading period was 59,777  and the lowest recorded bid was listed for  59,500 . The volume for the day was 114. This history from February 20, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.31% . The trading delta at closing time to the current price is 0.31% .

Miwon Chemical Fundamentals Correlations and Trends

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

About Miwon Chemical Stock history

Miwon 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 Miwon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Miwon 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 Miwon Chemical stock prices may prove useful in developing a viable investing in Miwon Chemical

Miwon Chemical Stock Technical Analysis

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

Miwon Chemical Period Price Range

Low
November 27, 2024
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High

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Miwon Chemical cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock Exchange. 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.

Miwon Chemical November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Miwon 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 Miwon Chemical shares will generate the highest return on investment. By undertsting and applying Miwon Chemical stock market strength indicators, traders can identify Miwon Chemical entry and exit signals to maximize returns

Miwon Chemical Technical and Predictive Indicators

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

When running Miwon Chemical's price analysis, check to measure Miwon 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 Miwon Chemical is operating at the current time. Most of Miwon Chemical's value examination focuses on studying past and present price action to predict the probability of Miwon 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 Miwon Chemical's price. Additionally, you may evaluate how the addition of Miwon Chemical to your portfolios can decrease your overall portfolio volatility.
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