FLITTO (Korea) Price on October 17, 2023

300080 Stock  KRW 17,510  4,040  29.99%   
If you're considering investing in FLITTO Stock, it is important to understand the factors that can impact its price. As of today, the current price of FLITTO stands at 17,510, as last reported on the 27th of November, with the highest price reaching 17,510 and the lowest price hitting 13,870 during the day. FLITTO appears to be very steady, given 3 months investment horizon. FLITTO Inc secures Sharpe Ratio (or Efficiency) of 0.0422, which denotes the company had a 0.0422% return per unit of return volatility over the last 3 months. We have found twenty-three technical indicators for FLITTO Inc, which you can use to evaluate the volatility of the firm. Please utilize FLITTO's standard deviation of 4.4, and Mean Deviation of 3.12 to check if our risk estimates are consistent with your expectations.
  
FLITTO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0422

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Estimated Market Risk

 6.08
  actual daily
54
54% of assets are less volatile

Expected Return

 0.26
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average FLITTO is performing at about 3% of its full potential. 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 FLITTO by adding it to a well-diversified portfolio.

FLITTO Valuation on October 17, 2023

It is possible to determine the worth of FLITTO on a given historical date. On October 17, 2023 FLITTO was worth 26100.0 at the beginning of the trading date compared to the closed value of 26600.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FLITTO stock. Still, in general, we apply an absolute valuation method to find FLITTO'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 FLITTO where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FLITTO's related companies.
 Open High Low Close Volume
  26,550    26,550    24,800    25,550    64,748  
10/17/2023
  26,100    27,500    25,900    26,600    92,450  
  27,100    27,100    24,850    25,000    55,478  
Backtest FLITTO  |  FLITTO History  |  FLITTO Valuation   PreviousNext  
Open Value
26100.0
26,082
Downside
26600.0
Closing Value
26,118
Upside

FLITTO Trading Date Momentum on October 17, 2023

On October 18 2023 FLITTO Inc was traded for  25,000  at the closing time. The highest price during the trading period was 27,100  and the lowest recorded bid was listed for  24,850 . The volume for the day was 55.5 K. This history from October 18, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 6.02% . The overall trading delta to the current price is 24.81% .

FLITTO Inc Fundamentals Correlations and Trends

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

About FLITTO Stock history

FLITTO 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 FLITTO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FLITTO Inc 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 FLITTO stock prices may prove useful in developing a viable investing in FLITTO
Flitto Inc., an integrated platform and language data company, provides various translation services. The company was founded in 2012 and is headquartered in Seoul, South Korea. FLITTO is traded on Korean Securities Dealers Automated Quotations in South Korea.

FLITTO Stock Technical Analysis

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

FLITTO Period Price Range

Low
November 27, 2024
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High

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FLITTO Inc 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.

FLITTO November 27, 2024 Market Strength

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

FLITTO Technical and Predictive Indicators

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

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