Daishin Balance (Korea) Price on October 10, 2024
336570 Stock | KRW 4,330 95.00 2.15% |
If you're considering investing in Daishin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Daishin Balance stands at 4,330, as last reported on the 26th of November, with the highest price reaching 4,495 and the lowest price hitting 4,325 during the day. Daishin Balance No8 secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. Daishin Balance No8 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daishin Balance's Standard Deviation of 3.31, mean deviation of 2.32, and Variance of 10.94 to check the risk estimate we provide.
Daishin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Daishin |
Sharpe Ratio = -0.1441
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 336570 |
Estimated Market Risk
3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.47 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Daishin Balance 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 Daishin Balance by adding Daishin Balance to a well-diversified portfolio.
Daishin Balance Valuation on October 10, 2024
It is possible to determine the worth of Daishin Balance on a given historical date. On October 10, 2024 Daishin was worth 6580.0 at the beginning of the trading date compared to the closed value of 6320.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daishin Balance stock. Still, in general, we apply an absolute valuation method to find Daishin Balance'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 Daishin Balance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daishin Balance's related companies.
Open | High | Low | Close | Volume | |
6,970 | 7,040 | 6,480 | 6,570 | 1,123,034 | |
10/10/2024 | 6,580 | 6,640 | 6,310 | 6,320 | 819,236 |
6,360 | 6,530 | 6,270 | 6,310 | 478,749 |
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Daishin Balance Trading Date Momentum on October 10, 2024
On October 11 2024 Daishin Balance No8 was traded for 6,310 at the closing time. The highest price during the trading period was 6,530 and the lowest recorded bid was listed for 6,270 . The volume for the day was 478.7 K. This history from October 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.16% . The overall trading delta to the current price is 4.27% . |
Daishin Balance No8 Fundamentals Correlations and Trends
By evaluating Daishin Balance'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 Daishin Balance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Daishin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Daishin Balance Stock history
Daishin Balance 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 Daishin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Daishin Balance No8 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 Daishin Balance stock prices may prove useful in developing a viable investing in Daishin Balance
Daishin Balance No.8 Special Purpose Acquisition Co., Ltd. intends to acquire or merge with other companies. DaishinBalanceNo is traded on Korean Securities Dealers Automated Quotations in South Korea.
Daishin Balance Stock Technical Analysis
Daishin Balance 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
Daishin Balance Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Daishin Balance No8 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.
Daishin Balance November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Daishin Balance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daishin Balance shares will generate the highest return on investment. By undertsting and applying Daishin Balance stock market strength indicators, traders can identify Daishin Balance No8 entry and exit signals to maximize returns
Daishin Balance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Daishin Balance's price direction in advance. Along with the technical and fundamental analysis of Daishin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Daishin 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 | (0.10) | |||
Jensen Alpha | (0.47) | |||
Total Risk Alpha | (1.00) | |||
Treynor Ratio | 4.28 |
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Volume Indicators |
Complementary Tools for Daishin Stock analysis
When running Daishin Balance's price analysis, check to measure Daishin Balance'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 Daishin Balance is operating at the current time. Most of Daishin Balance's value examination focuses on studying past and present price action to predict the probability of Daishin Balance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daishin Balance's price. Additionally, you may evaluate how the addition of Daishin Balance to your portfolios can decrease your overall portfolio volatility.
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