DAEMO Engineering (Korea) Price on March 22, 2024
| 317850 Stock | KRW 9,860 80.00 0.80% |
If you're considering investing in DAEMO Stock, it is important to understand the factors that can impact its price. As of today, the current price of DAEMO Engineering stands at 9,860, as last reported on the 23rd of November, with the highest price reaching 9,910 and the lowest price hitting 9,620 during the day. At this point, DAEMO Engineering is very steady. DAEMO Engineering secures Sharpe Ratio (or Efficiency) of 0.0234, which denotes the company had a 0.0234% return per unit of risk over the last 3 months. We have found thirty technical indicators for DAEMO Engineering Co, which you can use to evaluate the volatility of the entity. Please confirm DAEMO Engineering's Mean Deviation of 2.99, downside deviation of 3.66, and Coefficient Of Variation of 5127.02 to check if the risk estimate we provide is consistent with the expected return of 0.0967%.
DAEMO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DAEMO |
Sharpe Ratio = 0.0234
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| Cash | Small Risk | Average Risk | 317850 | Huge Risk |
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Estimated Market Risk
| 4.13 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average DAEMO Engineering is performing at about 1% 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 DAEMO Engineering by adding it to a well-diversified portfolio.
DAEMO Engineering Valuation on March 22, 2024
It is possible to determine the worth of DAEMO Engineering on a given historical date. On March 22, 2024 DAEMO was worth 9260.0 at the beginning of the trading date compared to the closed value of 9470.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DAEMO Engineering stock. Still, in general, we apply an absolute valuation method to find DAEMO Engineering'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 DAEMO Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DAEMO Engineering's related companies.
| Open | High | Low | Close | Volume | |
| 9,270 | 9,420 | 9,250 | 9,250 | 134,762 | |
03/22/2024 | 9,260 | 9,530 | 9,200 | 9,470 | 231,772 |
| 9,260 | 9,280 | 9,010 | 9,180 | 138,318 |
| Backtest DAEMO Engineering | | | DAEMO Engineering History | | | DAEMO Engineering Valuation | Previous | Next |
DAEMO Engineering Trading Date Momentum on March 22, 2024
| On March 25 2024 DAEMO Engineering Co was traded for 9,180 at the closing time. The highest price during the trading period was 9,280 and the lowest recorded bid was listed for 9,010 . The volume for the day was 138.3 K. This history from March 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.06% . The overall trading delta to the current price is 4.12% . |
DAEMO Engineering Fundamentals Correlations and Trends
By evaluating DAEMO Engineering'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 DAEMO Engineering's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DAEMO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DAEMO Engineering Stock history
DAEMO Engineering 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 DAEMO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DAEMO Engineering 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 DAEMO Engineering stock prices may prove useful in developing a viable investing in DAEMO Engineering
DAEMO Engineering Co., Ltd. manufactures and sells hydraulic attachments worldwide. The company was founded in 1989 and is headquartered in Siheung, South Korea. DAEMO is traded on Korean Securities Dealers Automated Quotations in South Korea.
DAEMO Engineering Stock Technical Analysis
DAEMO Engineering 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
DAEMO Engineering Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
DAEMO Engineering 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.
DAEMO Engineering November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how DAEMO Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DAEMO Engineering shares will generate the highest return on investment. By undertsting and applying DAEMO Engineering stock market strength indicators, traders can identify DAEMO Engineering Co entry and exit signals to maximize returns
DAEMO Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DAEMO Engineering's price direction in advance. Along with the technical and fundamental analysis of DAEMO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DAEMO 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 | 0.0231 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0486 |
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Complementary Tools for DAEMO Stock analysis
When running DAEMO Engineering's price analysis, check to measure DAEMO Engineering'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 DAEMO Engineering is operating at the current time. Most of DAEMO Engineering's value examination focuses on studying past and present price action to predict the probability of DAEMO Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DAEMO Engineering's price. Additionally, you may evaluate how the addition of DAEMO Engineering to your portfolios can decrease your overall portfolio volatility.
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