InnoTherapy (Korea) Price on January 3, 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-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out InnoTherapy's Market Risk Adjusted Performance of 0.6753, risk adjusted performance of (0.06), and Standard Deviation of 1.56 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.
InnoTherapy |
Sharpe Ratio = -0.1036
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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 3, 2024
It is possible to determine the worth of InnoTherapy on a given historical date. On January 3, 2024 InnoTherapy was worth 8780.0 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 | |
8,700 | 8,890 | 8,700 | 8,860 | 3,016 | |
01/03/2024 | 8,780 | 8,910 | 8,750 | 8,860 | 11,648 |
8,810 | 8,820 | 8,590 | 8,730 | 20,610 |
Backtest InnoTherapy | | | InnoTherapy History | | | InnoTherapy Valuation | Previous | Next |
InnoTherapy Trading Date Momentum on January 3, 2024
On January 04 2024 InnoTherapy was traded for 8,730 at the closing time. The highest price during the trading period was 8,820 and the lowest recorded bid was listed for 8,590 . The volume for the day was 20.6 K. This history from January 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.47% . The trading delta at closing time to the current price is 0.68% . |
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.
Price Boundaries
InnoTherapy Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.38) | |||
Treynor Ratio | 0.6653 |
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Volume Indicators |
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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