Wonik Ips (Korea) Price on April 11, 2024

240810 Stock  KRW 22,850  450.00  1.93%   
If you're considering investing in Wonik Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wonik Ips stands at 22,850, as last reported on the 30th of November, with the highest price reaching 23,300 and the lowest price hitting 22,650 during the day. Wonik Ips shows Sharpe Ratio of -0.2, which attests that the company had a -0.2% return per unit of risk over the last 3 months. Wonik Ips exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wonik Ips' Mean Deviation of 2.3, market risk adjusted performance of (1.10), and Standard Deviation of 2.97 to validate the risk estimate we provide.
  
Wonik Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1997

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Estimated Market Risk

 2.97
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.59
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.2
  actual daily
0
Most of other assets perform better
Based on monthly moving average Wonik Ips 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 Wonik Ips by adding Wonik Ips to a well-diversified portfolio.

Wonik Ips Valuation on April 11, 2024

It is possible to determine the worth of Wonik Ips on a given historical date. On April 11, 2024 Wonik was worth 38700.0 at the beginning of the trading date compared to the closed value of 39800.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wonik Ips stock. Still, in general, we apply an absolute valuation method to find Wonik Ips' 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 Wonik Ips where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wonik Ips' related companies.
 Open High Low Close Volume
  41,500    41,900    39,300    39,450    836,939  
04/11/2024
  38,700    40,550    38,500    39,800    576,917  
  40,650    41,000    38,500    38,950    1,060,727  
Backtest Wonik Ips  |  Wonik Ips History  |  Wonik Ips Valuation   PreviousNext  
Open Value
38700.0
38,691
Downside
39800.0
Closing Value
38,709
Upside

Wonik Ips Trading Date Momentum on April 11, 2024

On April 12 2024 Wonik Ips Co was traded for  38,950  at the closing time. The highest price during the trading period was 41,000  and the lowest recorded bid was listed for  38,500 . The volume for the day was 1.1 M. This history from April 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.14% . The trading price change to the current price is 8.42% .

Wonik Ips Fundamentals Correlations and Trends

By evaluating Wonik Ips' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Wonik Ips' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wonik financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Wonik Ips Stock history

Wonik Ips 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 Wonik is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wonik Ips 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 Wonik Ips stock prices may prove useful in developing a viable investing in Wonik Ips
Wonik IPS Co., Ltd primarily researches and develops, manufactures, and sells semiconductor, display, and solar cell systems in South Korea. Wonik IPS Co., Ltd was founded in 1991 and is headquartered in Pyeongtaek-si, South Korea. WONIK IPS is traded on Korean Securities Dealers Automated Quotations in South Korea.

Wonik Ips Stock Technical Analysis

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

Wonik Ips Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Wonik Ips 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.

Wonik Ips November 30, 2024 Market Strength

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

Wonik Ips Technical and Predictive Indicators

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

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