Ajusteel (Korea) Price on October 11, 2024
139990 Stock | 4,440 85.00 1.88% |
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 4,440, as last reported on the 23rd of November, with the highest price reaching 4,560 and the lowest price hitting 4,405 during the day. Ajusteel secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22% 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 Standard Deviation of 1.54, mean deviation of 1.09, and Risk Adjusted Performance of (0.18) 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.
Ajusteel |
Sharpe Ratio = -0.224
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Negative Returns | 139990 |
Estimated Market Risk
1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.22 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 October 11, 2024
It is possible to determine the worth of Ajusteel on a given historical date. On October 11, 2024 Ajusteel was worth 5060.0 at the beginning of the trading date compared to the closed value of 5150.0. 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 | |
5,150 | 5,220 | 5,090 | 5,130 | 33,476 | |
10/11/2024 | 5,060 | 5,300 | 5,060 | 5,150 | 15,728 |
5,150 | 5,250 | 5,140 | 5,210 | 21,086 |
Backtest Ajusteel | | | Ajusteel History | | | Ajusteel Valuation | Previous | Next |
Ajusteel Trading Date Momentum on October 11, 2024
On October 14 2024 Ajusteel Co was traded for 5,210 at the closing time. The highest price during the trading period was 5,250 and the lowest recorded bid was listed for 5,140 . The volume for the day was 21.1 K. This history from October 14, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.17% . The overall trading delta to the current price is 0.58% . |
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.
Price Boundaries
Ajusteel Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
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 23, 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.
Risk Adjusted Performance | (0.18) | |||
Jensen Alpha | (0.37) | |||
Total Risk Alpha | (0.59) | |||
Treynor Ratio | 2.34 |
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Volume Indicators |
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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