Neo Cremar (Korea) Price on February 28, 2024
| 311390 Stock | KRW 7,420 110.00 1.46% |
If you're considering investing in Neo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Neo Cremar stands at 7,420, as last reported on the 27th of November, with the highest price reaching 7,450 and the lowest price hitting 7,370 during the day. Neo Cremar appears to be very steady, given 3 months investment horizon. Neo Cremar has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for Neo Cremar, which you can use to evaluate the volatility of the firm. Please exercise Neo Cremar's Mean Deviation of 0.8882, risk adjusted performance of 0.1299, and Downside Deviation of 1.92 to check out if our risk estimates are consistent with your expectations.
Neo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Neo |
Sharpe Ratio = 0.2036
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 311390 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Neo Cremar is performing at about 16% 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 Neo Cremar by adding it to a well-diversified portfolio.
Neo Cremar Valuation on February 28, 2024
It is possible to determine the worth of Neo Cremar on a given historical date. On February 28, 2024 Neo was worth 7160.0 at the beginning of the trading date compared to the closed value of 7240.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neo Cremar stock. Still, in general, we apply an absolute valuation method to find Neo Cremar'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 Neo Cremar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neo Cremar's related companies.
| Open | High | Low | Close | Volume | |
| 6,780 | 7,160 | 6,750 | 7,120 | 115,443 | |
02/28/2024 | 7,160 | 7,310 | 7,040 | 7,240 | 58,250 |
| 7,190 | 7,350 | 7,000 | 7,250 | 29,664 |
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Neo Cremar Trading Date Momentum on February 28, 2024
| On February 29 2024 Neo Cremar Co was traded for 7,250 at the closing time. The highest price during the trading period was 7,350 and the lowest recorded bid was listed for 7,000 . The volume for the day was 29.7 K. This history from February 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.14% . The trading delta at closing time to the current price is 4.56% . |
Neo Cremar Fundamentals Correlations and Trends
By evaluating Neo Cremar'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 Neo Cremar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Neo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Neo Cremar Stock history
Neo Cremar 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 Neo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neo Cremar 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 Neo Cremar stock prices may prove useful in developing a viable investing in Neo Cremar
,Ltd produces and sells functional food ingredients and additives in South Korea and internationally. The company was founded in 1999 and is headquartered in Seoul, South Korea. Neo Cremar is traded on Korean Securities Dealers Automated Quotations in South Korea.
Neo Cremar Stock Technical Analysis
Neo Cremar 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
Neo Cremar Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Neo Cremar Co 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.
Neo Cremar November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Neo Cremar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neo Cremar shares will generate the highest return on investment. By undertsting and applying Neo Cremar stock market strength indicators, traders can identify Neo Cremar Co entry and exit signals to maximize returns
Neo Cremar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Neo Cremar's price direction in advance. Along with the technical and fundamental analysis of Neo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neo 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 | 0.1299 | |||
| Jensen Alpha | 0.2374 | |||
| Total Risk Alpha | (0.001) | |||
| Sortino Ratio | 0.0569 | |||
| Treynor Ratio | (3.54) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Neo Stock analysis
When running Neo Cremar's price analysis, check to measure Neo Cremar'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 Neo Cremar is operating at the current time. Most of Neo Cremar's value examination focuses on studying past and present price action to predict the probability of Neo Cremar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neo Cremar's price. Additionally, you may evaluate how the addition of Neo Cremar to your portfolios can decrease your overall portfolio volatility.
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