Raontech (Korea) Price on May 12, 2023
| 418420 Stock | 2,935 85.00 2.81% |
If you're considering investing in Raontech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Raontech stands at 2,935, as last reported on the 2nd of December, with the highest price reaching 3,025 and the lowest price hitting 2,910 during the day. Raontech maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. Raontech exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Raontech's Risk Adjusted Performance of (0.11), coefficient of variation of (658.09), and Variance of 8.02 to confirm the risk estimate we provide.
Raontech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Raontech |
Sharpe Ratio = -0.1397
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 418420 |
Estimated Market Risk
| 2.94 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.41 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 Raontech 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 Raontech by adding Raontech to a well-diversified portfolio.
Raontech Valuation on May 12, 2023
It is possible to determine the worth of Raontech on a given historical date. On May 12, 2023 Raontech was worth 12010.0 at the beginning of the trading date compared to the closed value of 13620.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Raontech stock. Still, in general, we apply an absolute valuation method to find Raontech'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 Raontech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Raontech's related companies.
| Open | High | Low | Close | Volume | |
| 12,790 | 13,380 | 12,150 | 12,150 | 3,587,957 | |
05/12/2023 | 12,010 | 13,870 | 12,000 | 13,620 | 13,032,876 |
| 13,570 | 13,700 | 11,830 | 11,830 | 4,128,060 |
| Backtest Raontech | | | Raontech History | Previous | Next |
Raontech Trading Date Momentum on May 12, 2023
| On May 15 2023 Raontech was traded for 11,830 at the closing time. The highest price during the trading period was 13,700 and the lowest recorded bid was listed for 11,830 . The volume for the day was 4.1 M. This history from May 15, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 13.14% . The trading delta at closing time to the current price is 10.79% . |
Price Boundaries
Raontech Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Raontech cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock Exchange. 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.
Raontech December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Raontech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Raontech shares will generate the highest return on investment. By undertsting and applying Raontech stock market strength indicators, traders can identify Raontech entry and exit signals to maximize returns
Raontech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Raontech's price direction in advance. Along with the technical and fundamental analysis of Raontech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Raontech 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 | (0.11) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | (1.38) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Raontech Stock analysis
When running Raontech's price analysis, check to measure Raontech'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 Raontech is operating at the current time. Most of Raontech's value examination focuses on studying past and present price action to predict the probability of Raontech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raontech's price. Additionally, you may evaluate how the addition of Raontech to your portfolios can decrease your overall portfolio volatility.
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