Rainbow Robotics (Korea) Price on October 7, 2024

277810 Stock  KRW 139,300  3,300  2.43%   
If you're considering investing in Rainbow Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rainbow Robotics stands at 139,300, as last reported on the 23rd of November, with the highest price reaching 144,000 and the lowest price hitting 138,300 during the day. Rainbow Robotics maintains Sharpe Ratio (i.e., Efficiency) of -0.0481, which implies the firm had a -0.0481% return per unit of risk over the last 3 months. Rainbow Robotics exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rainbow Robotics' Risk Adjusted Performance of 0.0356, coefficient of variation of 2709.4, and Semi Deviation of 2.24 to confirm the risk estimate we provide.
  
Rainbow Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0481

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Estimated Market Risk

 2.68
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Rainbow Robotics 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 Rainbow Robotics by adding Rainbow Robotics to a well-diversified portfolio.

Rainbow Robotics Valuation on October 7, 2024

It is possible to determine the worth of Rainbow Robotics on a given historical date. On October 7, 2024 Rainbow was worth 135600.0 at the beginning of the trading date compared to the closed value of 142500.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rainbow Robotics stock. Still, in general, we apply an absolute valuation method to find Rainbow Robotics' 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 Rainbow Robotics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rainbow Robotics' related companies.
 Open High Low Close Volume
  135,400    137,500    135,000    135,600    43,632  
10/07/2024
  135,600    143,000    134,900    142,500    117,919  
  141,600    142,500    139,900    141,100    59,996  
Backtest Rainbow Robotics  |  Rainbow Robotics History  |  Rainbow Robotics Valuation   PreviousNext  
Open Value
135600.0
135,592
Downside
142500.0
Closing Value
135,608
Upside

Rainbow Robotics Trading Date Momentum on October 7, 2024

On October 08 2024 Rainbow Robotics was traded for  141,100  at the closing time. The highest price during the trading period was 142,500  and the lowest recorded bid was listed for  139,900 . The volume for the day was 60 K. This history from October 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.98% . The trading delta at closing time to the current price is 4.07% .

Rainbow Robotics Fundamentals Correlations and Trends

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

About Rainbow Robotics Stock history

Rainbow Robotics 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 Rainbow is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rainbow Robotics 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 Rainbow Robotics stock prices may prove useful in developing a viable investing in Rainbow Robotics
,Ltd., a professional technological mechatronics company, provides robotic system engineering technology. The company was founded in 2011 and is based in Daejeon, South Korea. Rainbow Robotics is traded on Korean Securities Dealers Automated Quotations in South Korea.

Rainbow Robotics Stock Technical Analysis

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

Rainbow Robotics Period Price Range

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November 23, 2024
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Rainbow Robotics 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.

Rainbow Robotics November 23, 2024 Market Strength

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

Rainbow Robotics Technical and Predictive Indicators

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

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