ABL Bio (Korea) Price on August 23, 2024

298380 Stock  KRW 27,050  600.00  2.17%   
If you're considering investing in ABL Stock, it is important to understand the factors that can impact its price. As of today, the current price of ABL Bio stands at 27,050, as last reported on the 23rd of November, with the highest price reaching 28,400 and the lowest price hitting 26,500 during the day. ABL Bio secures Sharpe Ratio (or Efficiency) of -0.0498, which signifies that the company had a -0.0498% return per unit of return volatility over the last 3 months. ABL Bio exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ABL Bio's Mean Deviation of 3.49, variance of 20.11, and Standard Deviation of 4.48 to double-check the risk estimate we provide.
  
ABL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0498

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Estimated Market Risk

 4.59
  actual daily
40
60% of assets are more volatile

Expected Return

 -0.23
  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 ABL Bio 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 ABL Bio by adding ABL Bio to a well-diversified portfolio.

ABL Bio Valuation on August 23, 2024

It is possible to determine the worth of ABL Bio on a given historical date. On August 23, 2024 ABL was worth 29400.0 at the beginning of the trading date compared to the closed value of 31500.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABL Bio stock. Still, in general, we apply an absolute valuation method to find ABL Bio'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 ABL Bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABL Bio's related companies.
 Open High Low Close Volume
  30,350    30,750    29,350    29,800    719,732  
08/23/2024
  29,400    32,000    29,350    31,500    1,448,180  
  31,800    33,100    31,500    32,900    2,049,605  
Backtest ABL Bio  |  ABL Bio History  |  ABL Bio Valuation   PreviousNext  
Open Value
29400.0
29,386
Downside
31500.0
Closing Value
29,414
Upside

ABL Bio Trading Date Momentum on August 23, 2024

On August 26 2024 ABL Bio was traded for  32,900  at the closing time. The highest price during the trading period was 33,100  and the lowest recorded bid was listed for  31,500 . The volume for the day was 2 M. This history from August 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.44% . The overall trading delta to the current price is 5.71% .

ABL Bio Fundamentals Correlations and Trends

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

About ABL Bio Stock history

ABL Bio 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 ABL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ABL Bio 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 ABL Bio stock prices may prove useful in developing a viable investing in ABL Bio
ABL Bio Inc., a biotech research company, focuses on the development of therapeutic drugs for immuno-oncology and neurodegenerative diseases. Its pipeline drugs include ABL001, cancer immunotherapy, ADC, and ABL301. ABL Bio is traded on Korean Securities Dealers Automated Quotations in South Korea.

ABL Bio Stock Technical Analysis

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

ABL Bio Period Price Range

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ABL Bio 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.

ABL Bio November 23, 2024 Market Strength

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

ABL Bio Technical and Predictive Indicators

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

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