Daedong Steel (Korea) Price History

048470 Stock   3,520  165.00  4.92%   
If you're considering investing in Daedong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Daedong Steel stands at 3,520, as last reported on the 27th of November, with the highest price reaching 4,075 and the lowest price hitting 3,415 during the day. Daedong Steel secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of standard deviation over the last 3 months. Daedong Steel Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daedong Steel's Coefficient Of Variation of (656.30), mean deviation of 1.48, and Standard Deviation of 1.88 to check the risk estimate we provide.
  
Daedong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.108

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Estimated Market Risk

 1.98
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Daedong Steel 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 Daedong Steel by adding Daedong Steel to a well-diversified portfolio.

Daedong Steel Stock Price History Chart

There are several ways to analyze Daedong Stock price data. The simplest method is using a basic Daedong candlestick price chart, which shows Daedong Steel price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceAugust 27, 20244170.0
Lowest PriceNovember 22, 20243345.0

Daedong Steel November 27, 2024 Stock Price Synopsis

Various analyses of Daedong Steel's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Daedong Stock. It can be used to describe the percentage change in the price of Daedong Steel from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Daedong Stock.
Daedong Steel Price Daily Balance Of Power 0.25 
Daedong Steel Market Facilitation Index 0.0004 
Daedong Steel Price Rate Of Daily Change 1.05 
Daedong Steel Price Action Indicator(142.50)
Daedong Steel Accumulation Distribution 293,196 

Daedong Steel November 27, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Daedong Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Daedong Steel intraday prices and daily technical indicators to check the level of noise trading in Daedong Stock and then apply it to test your longer-term investment strategies against Daedong.

Daedong Stock Price History Data

The price series of Daedong Steel for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 has a statistical range of 825.0 with a coefficient of variation of 5.69. The prices are distributed with arithmetic mean of 3739.77. The median price for the last 90 days is 3725.0.
OpenHighLowCloseVolume
11/26/2024 3,450  4,075  3,415  3,520  1,810,266 
11/25/2024 3,380  3,435  3,340  3,355  50,381 
11/22/2024 3,500  3,515  3,340  3,345  309,994 
11/21/2024 3,395  4,110  3,320  3,520  2,151,092 
11/20/2024 3,405  3,450  3,385  3,405  8,129 
11/19/2024 3,370  3,495  3,370  3,405  7,373 
11/18/2024 3,390  3,555  3,300  3,390  12,607 
11/15/2024 3,350  3,550  3,275  3,390  27,847 
11/14/2024 3,375  3,500  3,370  3,385  25,334 
11/13/2024 3,510  3,560  3,390  3,390  44,957 
11/12/2024 3,660  3,785  3,510  3,520  62,059 
11/11/2024 3,780  3,810  3,650  3,665  30,533 
11/08/2024 3,760  3,865  3,760  3,780  33,636 
11/07/2024 3,730  3,970  3,675  3,760  36,161 
11/06/2024 3,640  3,745  3,640  3,725  39,545 
11/05/2024 3,660  3,740  3,620  3,675  25,686 
11/04/2024 3,610  3,700  3,525  3,665  21,807 
11/01/2024 3,680  3,710  3,600  3,600  40,772 
10/31/2024 3,650  3,730  3,595  3,680  27,803 
10/30/2024 3,630  3,710  3,630  3,650  43,117 
10/29/2024 3,730  3,740  3,620  3,650  42,907 
10/28/2024 3,700  3,750  3,660  3,730  19,834 
10/25/2024 3,625  3,710  3,600  3,665  37,357 
10/24/2024 3,740  3,740  3,590  3,620  41,482 
10/23/2024 3,765  3,790  3,690  3,740  29,952 
10/22/2024 3,810  3,845  3,710  3,740  23,306 
10/21/2024 3,700  3,830  3,700  3,820  33,179 
10/18/2024 3,830  3,875  3,665  3,690  55,327 
10/17/2024 3,855  3,890  3,815  3,830  18,390 
10/16/2024 3,815  3,895  3,805  3,850  31,673 
10/15/2024 3,810  3,880  3,805  3,850  51,929 
10/14/2024 3,770  3,845  3,735  3,805  37,518 
10/11/2024 3,755  3,820  3,755  3,770  47,533 
10/10/2024 3,780  3,785  3,715  3,725  20,216 
10/08/2024 3,780  3,795  3,715  3,780  36,411 
10/07/2024 3,645  3,780  3,605  3,725  37,105 
10/04/2024 3,650  3,695  3,620  3,640  28,661 
10/02/2024 3,660  3,720  3,625  3,650  15,836 
09/30/2024 3,780  3,795  3,690  3,695  24,570 
09/27/2024 3,760  3,790  3,705  3,780  33,407 
09/26/2024 3,700  3,780  3,690  3,755  25,158 
09/25/2024 3,680  3,835  3,670  3,685  119,251 
09/24/2024 3,735  3,800  3,660  3,670  90,376 
09/23/2024 3,680  4,220  3,660  3,670  1,219,002 
09/20/2024 3,665  3,720  3,585  3,695  13,111 
09/19/2024 3,715  3,740  3,600  3,660  14,042 
09/13/2024 3,725  3,790  3,700  3,700  10,680 
09/12/2024 3,620  3,785  3,620  3,725  11,276 
09/11/2024 3,600  3,930  3,600  3,610  34,280 
09/10/2024 3,660  3,735  3,600  3,600  30,622 
09/09/2024 3,560  3,680  3,520  3,660  30,768 
09/06/2024 3,715  3,770  3,625  3,650  29,073 
09/05/2024 3,815  3,950  3,720  3,750  37,477 
09/04/2024 3,905  3,975  3,795  3,850  45,035 
09/03/2024 4,000  4,035  3,970  3,975  21,796 
09/02/2024 4,005  4,080  4,000  4,000  19,291 
08/30/2024 4,030  4,085  3,980  4,025  17,956 
08/29/2024 4,160  4,160  4,020  4,030  21,465 
08/28/2024 4,175  4,230  4,075  4,085  28,504 
08/27/2024 4,220  4,250  4,055  4,170  30,240 
08/26/2024 4,160  4,220  4,065  4,125  34,719 

About Daedong Steel Stock history

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

Daedong Steel Stock Technical Analysis

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

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Daedong Steel Technical and Predictive Indicators

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

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