Formetal (Korea) Price History

119500 Stock  KRW 3,910  115.00  3.03%   
If you're considering investing in Formetal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Formetal stands at 3,910, as last reported on the 23rd of January, with the highest price reaching 4,070 and the lowest price hitting 3,800 during the day. Formetal appears to be very steady, given 3 months investment horizon. Formetal secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15 % return per unit of risk over the last 3 months. By reviewing Formetal's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please utilize Formetal's Downside Deviation of 2.49, mean deviation of 2.77, and Coefficient Of Variation of 689.39 to check if our risk estimates are consistent with your expectations.
  
Formetal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1451

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Estimated Market Risk

 4.09
  actual daily
36
64% of assets are more volatile

Expected Return

 0.59
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Formetal is performing at about 11% 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 Formetal by adding it to a well-diversified portfolio.

Formetal Stock Price History Chart

There are several ways to analyze Formetal Stock price data. The simplest method is using a basic Formetal candlestick price chart, which shows Formetal 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 PriceJanuary 23, 20253910.0
Lowest PriceDecember 2, 20242460.13

Formetal January 23, 2025 Stock Price Synopsis

Various analyses of Formetal's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Formetal Stock. It can be used to describe the percentage change in the price of Formetal from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Formetal Stock.
Formetal Price Rate Of Daily Change 1.03 
Formetal Market Facilitation Index 0.0005 
Formetal Price Daily Balance Of Power 0.43 
Formetal Price Action Indicator 32.50 
Formetal Accumulation Distribution 38,472 

Formetal January 23, 2025 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Formetal 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 Formetal intraday prices and daily technical indicators to check the level of noise trading in Formetal Stock and then apply it to test your longer-term investment strategies against Formetal.

Formetal Stock Price History Data

The price series of Formetal for the period between Fri, Oct 25, 2024 and Thu, Jan 23, 2025 has a statistical range of 1364.87 with a coefficient of variation of 12.91. The prices are distributed with arithmetic mean of 2999.98. The median price for the last 90 days is 2847.28. The company had 2:1 stock split on 19th of October 2012.
OpenHighLowCloseVolume
01/23/2025 3,870  4,070  3,800  3,910  579,926 
01/22/2025 3,845  3,930  3,780  3,795  202,628 
01/21/2025 3,775  3,900  3,650  3,825  281,971 
01/20/2025 3,790  4,130  3,710  3,810  844,807 
01/17/2025 3,650  3,795  3,575  3,705  202,288 
01/16/2025 3,690  3,750  3,595  3,640  268,688 
01/15/2025 3,560  3,670  3,480  3,660  279,353 
01/14/2025 3,400  3,580  3,390  3,515  169,692 
01/13/2025 3,500  3,500  3,370  3,395  142,677 
01/10/2025 3,610  3,770  3,520  3,520  446,834 
01/09/2025 3,340  3,650  3,315  3,590  465,843 
01/08/2025 3,430  3,495  3,250  3,330  168,939 
01/07/2025 3,535  3,535  3,380  3,440  163,586 
01/06/2025 3,450  3,615  3,425  3,535  398,102 
01/03/2025 3,395  3,700  3,390  3,555  1,009,344 
01/02/2025 3,025  3,395  3,025  3,380  551,426 
12/30/2024 2,870  3,140  2,870  3,000  298,511 
12/27/2024 3,020  3,020  2,895  2,910  99,462 
12/26/2024 2,960  3,043  2,921  2,960  193,956 
12/24/2024 2,975  2,975  2,857  2,891  104,838 
12/23/2024 2,837  2,945  2,798  2,936  137,147 
12/20/2024 2,906  2,931  2,759  2,837  178,539 
12/19/2024 2,940  2,989  2,886  2,906  128,231 
12/18/2024 3,068  3,097  2,950  3,004  167,928 
12/17/2024 3,112  3,181  2,965  3,068  200,552 
12/16/2024 3,396  3,666  3,058  3,112  1,174,681 
12/13/2024 3,181  3,362  3,176  3,308  289,827 
12/12/2024 3,426  3,455  3,146  3,318  613,061 
12/11/2024 3,190  3,455  3,078  3,455  1,595,261 
12/10/2024 2,891  3,146  2,808  2,945  759,825 
12/09/2024 2,588  3,161  2,568  2,921  1,634,092 
12/06/2024 2,602  2,798  2,563  2,651  341,856 
12/05/2024 2,651  2,656  2,568  2,602  95,420 
12/04/2024 2,411  2,882  2,392  2,695  1,042,221 
12/03/2024 2,460  2,499  2,445  2,460  52,931 
12/02/2024 2,563  2,563  2,406  2,460  186,968 
11/29/2024 2,612  2,622  2,558  2,563  43,854 
11/28/2024 2,592  2,637  2,573  2,607  11,218 
11/27/2024 2,646  2,681  2,578  2,592  56,948 
11/26/2024 2,641  2,661  2,588  2,637  60,228 
11/25/2024 2,744  2,754  2,612  2,641  106,926 
11/22/2024 2,705  2,833  2,705  2,725  27,494 
11/21/2024 2,725  2,818  2,700  2,725  19,265 
11/20/2024 2,730  2,744  2,676  2,715  32,804 
11/19/2024 2,686  2,754  2,681  2,710  23,064 
11/18/2024 2,700  2,730  2,661  2,710  24,070 
11/15/2024 2,612  2,710  2,558  2,705  43,252 
11/14/2024 2,602  2,651  2,578  2,583  47,348 
11/13/2024 2,671  2,686  2,588  2,622  91,276 
11/12/2024 2,744  2,754  2,656  2,671  84,413 
11/11/2024 2,808  2,823  2,715  2,744  37,197 
11/08/2024 2,837  2,852  2,798  2,808  17,517 
11/07/2024 2,842  2,862  2,793  2,847  24,084 
11/06/2024 2,837  2,862  2,798  2,833  36,537 
11/05/2024 2,823  2,872  2,818  2,823  23,153 
11/04/2024 2,798  2,862  2,784  2,852  34,276 
11/01/2024 2,842  2,872  2,803  2,813  30,980 
10/31/2024 2,808  2,886  2,779  2,842  70,484 
10/30/2024 2,774  2,828  2,730  2,813  52,158 
10/29/2024 2,759  2,774  2,730  2,769  26,305 
10/28/2024 2,774  2,788  2,700  2,739  59,181 

About Formetal Stock history

Formetal 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 Formetal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Formetal 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 Formetal stock prices may prove useful in developing a viable investing in Formetal
Formetal Co., Ltd. operates as a metal forging company in Korea. Formetal Co., Ltd. was founded in 1969 and is based in Seosan, South Korea. FORMETAL is traded on Korean Securities Dealers Automated Quotations in South Korea.

Formetal Stock Technical Analysis

Formetal 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 Formetal technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Formetal 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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Formetal Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Formetal's price direction in advance. Along with the technical and fundamental analysis of Formetal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Formetal 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 Formetal's price analysis, check to measure Formetal'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 Formetal is operating at the current time. Most of Formetal's value examination focuses on studying past and present price action to predict the probability of Formetal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formetal's price. Additionally, you may evaluate how the addition of Formetal to your portfolios can decrease your overall portfolio volatility.
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