Innodep (Korea) Price on October 2, 2024

303530 Stock   7,150  70.00  0.97%   
If you're considering investing in Innodep Stock, it is important to understand the factors that can impact its price. As of today, the current price of Innodep stands at 7,150, as last reported on the 30th of November, with the highest price reaching 7,230 and the lowest price hitting 6,990 during the day. Innodep holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. Innodep exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Innodep's Standard Deviation of 2.67, risk adjusted performance of (0.01), and Market Risk Adjusted Performance of 0.1835 to validate the risk estimate we provide.
  
Innodep Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1028

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Estimated Market Risk

 2.24
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Innodep 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 Innodep by adding Innodep to a well-diversified portfolio.

Innodep Valuation on October 2, 2024

It is possible to determine the worth of Innodep on a given historical date. On October 2, 2024 Innodep was worth 7560.0 at the beginning of the trading date compared to the closed value of 7780.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innodep stock. Still, in general, we apply an absolute valuation method to find Innodep'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 Innodep where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innodep's related companies.
 Open High Low Close Volume
  7,990    8,080    7,810    7,820    24,779  
10/02/2024
  7,560    7,780    7,560    7,780    14,719  
  7,660    7,900    7,600    7,690    16,843  
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Open Value
7560.0
7780.0
Closing Value
7,567
Upside

Innodep Trading Date Momentum on October 2, 2024

On October 04 2024 Innodep was traded for  7,690  at the closing time. The highest price during the trading period was 7,900  and the lowest recorded bid was listed for  7,600 . The volume for the day was 16.8 K. This history from October 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.16% . The trading delta at closing time to the current price is 2.06% .

Innodep Fundamentals Correlations and Trends

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

About Innodep Stock history

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

Innodep Stock Technical Analysis

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

Innodep Period Price Range

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November 30, 2024
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Innodep 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.

Innodep November 30, 2024 Market Strength

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

Innodep Technical and Predictive Indicators

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

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