InnoTherapy (Korea) Price on January 2, 2024

246960 Stock  KRW 8,370  340.00  3.90%   
If you're considering investing in InnoTherapy Stock, it is important to understand the factors that can impact its price. As of today, the current price of InnoTherapy stands at 8,370, as last reported on the 29th of November, with the highest price reaching 8,690 and the lowest price hitting 8,370 during the day. InnoTherapy holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. InnoTherapy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out InnoTherapy's Standard Deviation of 1.56, market risk adjusted performance of 0.6753, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide.
  
InnoTherapy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1036

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Negative Returns246960

Estimated Market Risk

 1.56
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average InnoTherapy 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 InnoTherapy by adding InnoTherapy to a well-diversified portfolio.

InnoTherapy Valuation on January 2, 2024

It is possible to determine the worth of InnoTherapy on a given historical date. On January 2, 2024 InnoTherapy was worth 8700.0 at the beginning of the trading date compared to the closed value of 8860.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of InnoTherapy stock. Still, in general, we apply an absolute valuation method to find InnoTherapy'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 InnoTherapy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against InnoTherapy's related companies.
 Open High Low Close Volume
  8,900    8,980    8,660    8,870    4,165  
01/02/2024
  8,700    8,890    8,700    8,860    3,016  
  8,780    8,910    8,750    8,860    11,648  
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Open Value
8700.0
8860.0
Closing Value
8,705
Upside

InnoTherapy Trading Date Momentum on January 2, 2024

On January 03 2024 InnoTherapy was traded for  8,860  at the closing time. The highest price during the trading period was 8,910  and the lowest recorded bid was listed for  8,750 . The volume for the day was 11.6 K. This history from January 3, 2024 did not cause price change. The trading delta at closing time to the current price is 2.48% .

InnoTherapy Fundamentals Correlations and Trends

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

About InnoTherapy Stock history

InnoTherapy 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 InnoTherapy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in InnoTherapy 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 InnoTherapy stock prices may prove useful in developing a viable investing in InnoTherapy
InnoTherapy, Inc., engages in the development and sale of medical sealant products in South Korea. The company was founded in 2010 and is headquartered in Seoul, South Korea. InnoTherapy is traded on Korean Securities Dealers Automated Quotations in South Korea.

InnoTherapy Stock Technical Analysis

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

InnoTherapy Period Price Range

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InnoTherapy 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.

InnoTherapy November 29, 2024 Market Strength

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

InnoTherapy Technical and Predictive Indicators

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

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