Wonik Ips (Korea) Price on November 24, 2024
240810 Stock | KRW 23,450 250.00 1.08% |
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 23,450, as last reported on the 24th of November, with the highest price reaching 24,100 and the lowest price hitting 23,250 during the day. Wonik Ips shows Sharpe Ratio of -0.18, which attests that the company had a -0.18% 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 2.29, market risk adjusted performance of 12.73, and Standard Deviation of 2.98 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.
Wonik |
Sharpe Ratio = -0.1772
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Negative Returns | 240810 |
Estimated Market Risk
3.02 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.53 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 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 November 24, 2024
It is possible to determine the worth of Wonik Ips on a given historical date. On November 24, 2024 Wonik was worth 23250.0 at the beginning of the trading date compared to the closed value of 23450.0. 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 | |
23,250 | 24,100 | 23,250 | 23,450 | 168,341 | |
11/24/2024 | 23,250 | 24,100 | 23,250 | 23,450 | 0.00 |
Backtest Wonik Ips | | | Wonik Ips History | | | Wonik Ips Valuation | Previous |
Wonik Ips Trading Date Momentum on November 24, 2024
On November 24 2024 Wonik Ips Co was traded for 23,450 at the closing time. The highest price during the trading period was 24,100 and the lowest recorded bid was listed for 23,250 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 0.85% . |
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.
Price Boundaries
Wonik Ips Period Price Range
Low | November 24, 2024
| 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 24, 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.
Risk Adjusted Performance | (0.16) | |||
Jensen Alpha | (0.65) | |||
Total Risk Alpha | (1.12) | |||
Treynor Ratio | 12.72 |
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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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