FoodNamoo (Korea) Price on May 27, 2024
290720 Stock | 3,115 140.00 4.71% |
If you're considering investing in FoodNamoo Stock, it is important to understand the factors that can impact its price. As of today, the current price of FoodNamoo stands at 3,115, as last reported on the 11th of December 2024, with the highest price reaching 3,135 and the lowest price hitting 2,950 during the day. FoodNamoo secures Sharpe Ratio (or Efficiency) of -0.0062, which denotes the company had a -0.0062% return per unit of risk over the last 3 months. FoodNamoo exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FoodNamoo's Mean Deviation of 3.05, variance of 18.82, and Standard Deviation of 4.34 to check the risk estimate we provide.
FoodNamoo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FoodNamoo |
Sharpe Ratio = -0.0062
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 290720 |
Estimated Market Risk
4.42 actual daily | 39 61% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FoodNamoo 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 FoodNamoo by adding FoodNamoo to a well-diversified portfolio.
FoodNamoo Valuation on May 27, 2024
It is possible to determine the worth of FoodNamoo on a given historical date. On May 27, 2024 FoodNamoo was worth 3615.0 at the beginning of the trading date compared to the closed value of 3240.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FoodNamoo stock. Still, in general, we apply an absolute valuation method to find FoodNamoo'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 FoodNamoo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FoodNamoo's related companies.
Open | High | Low | Close | Volume | |
3,895 | 4,000 | 3,625 | 3,650 | 123,493 | |
05/27/2024 | 3,615 | 3,665 | 3,130 | 3,240 | 486,789 |
3,240 | 3,240 | 2,905 | 2,975 | 617,923 |
Backtest FoodNamoo | | | FoodNamoo History | | | FoodNamoo Valuation | Previous | Next |
FoodNamoo Trading Date Momentum on May 27, 2024
On May 28 2024 FoodNamoo was traded for 2,975 at the closing time. The highest price during the trading period was 3,240 and the lowest recorded bid was listed for 2,905 . The volume for the day was 617.9 K. This history from May 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 8.18% . The overall trading delta to the current price is 20.83% . |
About FoodNamoo Stock history
FoodNamoo 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 FoodNamoo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FoodNamoo 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 FoodNamoo stock prices may prove useful in developing a viable investing in FoodNamoo
FoodNamoo Stock Technical Analysis
FoodNamoo 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
FoodNamoo Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
FoodNamoo 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.
FoodNamoo December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how FoodNamoo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FoodNamoo shares will generate the highest return on investment. By undertsting and applying FoodNamoo stock market strength indicators, traders can identify FoodNamoo entry and exit signals to maximize returns
FoodNamoo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FoodNamoo's price direction in advance. Along with the technical and fundamental analysis of FoodNamoo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FoodNamoo 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 | (0.02) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.86) | |||
Treynor Ratio | 0.2185 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for FoodNamoo Stock analysis
When running FoodNamoo's price analysis, check to measure FoodNamoo'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 FoodNamoo is operating at the current time. Most of FoodNamoo's value examination focuses on studying past and present price action to predict the probability of FoodNamoo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FoodNamoo's price. Additionally, you may evaluate how the addition of FoodNamoo to your portfolios can decrease your overall portfolio volatility.
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |