Daelim Industrial (Korea) Price on November 16, 2023

000215 Stock   19,920  130.00  0.65%   
If you're considering investing in Daelim Stock, it is important to understand the factors that can impact its price. As of today, the current price of Daelim Industrial stands at 19,920, as last reported on the 23rd of December, with the highest price reaching 20,500 and the lowest price hitting 19,900 during the day. Daelim Industrial secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the company had a -0.16% return per unit of standard deviation over the last 3 months. Daelim Industrial Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daelim Industrial's Standard Deviation of 1.93, mean deviation of 1.49, and Coefficient Of Variation of (832.53) to check the risk estimate we provide.
  
Daelim Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1623

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Estimated Market Risk

 1.74
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.28
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Daelim Industrial 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 Daelim Industrial by adding Daelim Industrial to a well-diversified portfolio.

Daelim Industrial Valuation on November 16, 2023

It is possible to determine the worth of Daelim Industrial on a given historical date. On November 16, 2023 Daelim was worth 22032.06 at the beginning of the trading date compared to the closed value of 21840.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daelim Industrial stock. Still, in general, we apply an absolute valuation method to find Daelim Industrial'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 Daelim Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daelim Industrial's related companies.
 Open High Low Close Volume
  22,080    22,607    21,745    21,745    10,931  
11/16/2023
  22,032    22,032    21,601    21,840    459.00  
  21,984    22,080    21,649    21,984    1,578  
Backtest Daelim Industrial  |  Daelim Industrial History  PreviousNext  
Open Value
22032.06
22,027
Downside
21840.48
Closing Value
22,037
Upside

Daelim Industrial Trading Date Momentum on November 16, 2023

On November 17 2023 Daelim Industrial Co was traded for  21,984  at the closing time. The highest price during the trading period was 22,080  and the lowest recorded bid was listed for  21,649 . The volume for the day was 1.6 K. This history from November 17, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.66% . The overall trading delta to the current price is 1.32% .

Price Boundaries

Daelim Industrial Period Price Range

Low
December 23, 2024
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High

 0.00 

     

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Daelim Industrial December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Daelim Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daelim Industrial shares will generate the highest return on investment. By undertsting and applying Daelim Industrial stock market strength indicators, traders can identify Daelim Industrial Co entry and exit signals to maximize returns

Daelim Industrial Technical and Predictive Indicators

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

Complementary Tools for Daelim Stock analysis

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