Ajusteel (Korea) Price on August 10, 2023

139990 Stock   4,210  140.00  3.22%   
If you're considering investing in Ajusteel Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ajusteel stands at 4,210, as last reported on the 30th of November, with the highest price reaching 4,330 and the lowest price hitting 4,205 during the day. Ajusteel secures Sharpe Ratio (or Efficiency) of -0.24, which signifies that the company had a -0.24% return per unit of risk over the last 3 months. Ajusteel Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ajusteel's Risk Adjusted Performance of (0.20), mean deviation of 1.16, and Standard Deviation of 1.59 to double-check the risk estimate we provide.
  
Ajusteel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2407

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Estimated Market Risk

 1.66
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.4
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.24
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ajusteel 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 Ajusteel by adding Ajusteel to a well-diversified portfolio.

Ajusteel Valuation on August 10, 2023

It is possible to determine the worth of Ajusteel on a given historical date. On August 10, 2023 Ajusteel was worth 8500.0 at the beginning of the trading date compared to the closed value of 8980.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ajusteel stock. Still, in general, we apply an absolute valuation method to find Ajusteel'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 Ajusteel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ajusteel's related companies.
 Open High Low Close Volume
  8,440    8,550    8,420    8,500    19,402  
08/10/2023
  8,500    9,010    8,470    8,980    64,278  
  8,960    9,000    8,880    8,920    19,301  
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Open Value
8500.0
8980.0
Closing Value
8,505
Upside

Ajusteel Trading Date Momentum on August 10, 2023

On August 11 2023 Ajusteel Co was traded for  8,920  at the closing time. The highest price during the trading period was 9,000  and the lowest recorded bid was listed for  8,880 . The volume for the day was 19.3 K. This history from August 11, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.67% . The overall trading delta to the current price is 6.35% .

Ajusteel Fundamentals Correlations and Trends

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

About Ajusteel Stock history

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

Ajusteel Stock Technical Analysis

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

Ajusteel Period Price Range

Low
November 30, 2024
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High

 0.00 

     

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Ajusteel Co 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.

Ajusteel November 30, 2024 Market Strength

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

Ajusteel Technical and Predictive Indicators

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

When running Ajusteel's price analysis, check to measure Ajusteel'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 Ajusteel is operating at the current time. Most of Ajusteel's value examination focuses on studying past and present price action to predict the probability of Ajusteel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ajusteel's price. Additionally, you may evaluate how the addition of Ajusteel to your portfolios can decrease your overall portfolio volatility.
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