Netmarble Games (Korea) Price on September 9, 2024

251270 Stock   49,750  150.00  0.30%   
If you're considering investing in Netmarble Stock, it is important to understand the factors that can impact its price. As of today, the current price of Netmarble Games stands at 49,750, as last reported on the 23rd of November, with the highest price reaching 50,400 and the lowest price hitting 49,200 during the day. Netmarble Games Corp has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of risk over the last 3 months. Netmarble Games exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Netmarble Games' Risk Adjusted Performance of (0.09), mean deviation of 1.95, and Standard Deviation of 2.52 to check out the risk estimate we provide.
  
Netmarble Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1395

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Estimated Market Risk

 2.37
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.33
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Netmarble Games 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 Netmarble Games by adding Netmarble Games to a well-diversified portfolio.

Netmarble Games Valuation on September 9, 2024

It is possible to determine the worth of Netmarble Games on a given historical date. On September 9, 2024 Netmarble was worth 55700.0 at the beginning of the trading date compared to the closed value of 57500.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Netmarble Games stock. Still, in general, we apply an absolute valuation method to find Netmarble Games' 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 Netmarble Games where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Netmarble Games' related companies.
 Open High Low Close Volume
  58,600    59,700    56,700    57,000    88,332  
09/09/2024
  55,700    57,500    55,000    57,500    58,123  
  57,800    58,500    56,000    56,400    67,700  
Backtest Netmarble Games  |  Netmarble Games History  |  Netmarble Games Valuation   PreviousNext  
Open Value
55700.0
55,693
Downside
57500.0
Closing Value
55,707
Upside

Netmarble Games Trading Date Momentum on September 9, 2024

On September 10 2024 Netmarble Games Corp was traded for  56,400  at the closing time. The highest price during the trading period was 58,500  and the lowest recorded bid was listed for  56,000 . The volume for the day was 67.7 K. This history from September 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.91% . The trading delta at closing time to the current price is 6.61% .

Netmarble Games Corp Fundamentals Correlations and Trends

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

About Netmarble Games Stock history

Netmarble Games 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 Netmarble is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Netmarble Games Corp 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 Netmarble Games stock prices may prove useful in developing a viable investing in Netmarble Games

Netmarble Games Stock Technical Analysis

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

Netmarble Games Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Netmarble Games Corp 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.

Netmarble Games November 23, 2024 Market Strength

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

Netmarble Games Technical and Predictive Indicators

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

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