Taeyang Metal (Korea) Price on December 3, 2024
| 004105 Stock | 5,510 70.00 1.25% |
If you're considering investing in Taeyang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taeyang Metal stands at 5,510, as last reported on the 11th of December 2024, with the highest price reaching 5,900 and the lowest price hitting 5,130 during the day. Taeyang Metal appears to be very steady, given 3 months investment horizon. Taeyang Metal Industrial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0776, which indicates the firm had a 0.0776% return per unit of risk over the last 3 months. We have found thirty technical indicators for Taeyang Metal Industrial, which you can use to evaluate the volatility of the company. Please review Taeyang Metal's Risk Adjusted Performance of 0.0645, semi deviation of 2.68, and Coefficient Of Variation of 1293.25 to confirm if our risk estimates are consistent with your expectations.
Taeyang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taeyang |
Sharpe Ratio = 0.0776
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Estimated Market Risk
| 5.68 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Taeyang Metal is performing at about 6% 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 Taeyang Metal by adding it to a well-diversified portfolio.
Taeyang Metal Valuation on December 3, 2024
It is possible to determine the worth of Taeyang Metal on a given historical date. On December 3, 2024 Taeyang was worth 4020.0 at the beginning of the trading date compared to the closed value of 4065.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taeyang Metal stock. Still, in general, we apply an absolute valuation method to find Taeyang Metal'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 Taeyang Metal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taeyang Metal's related companies.
| Open | High | Low | Close | Volume | |
| 4,165 | 4,165 | 4,000 | 4,000 | 24,293 | |
12/03/2024 | 4,020 | 4,250 | 3,960 | 4,065 | 66,915 |
| 4,910 | 5,280 | 4,575 | 5,280 | 604,291 |
| Backtest Taeyang Metal | | | Taeyang Metal History | | | Taeyang Metal Valuation | Previous | Next |
Taeyang Metal Trading Date Momentum on December 3, 2024
| On December 04 2024 Taeyang Metal Industrial was traded for 5,280 at the closing time. The highest price during the trading period was 5,280 and the lowest recorded bid was listed for 4,575 . The volume for the day was 604.3 K. This history from December 4, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 29.89% . The trading price change to the current price is 26.20% . |
About Taeyang Metal Stock history
Taeyang Metal 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 Taeyang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taeyang Metal Industrial 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 Taeyang Metal stock prices may prove useful in developing a viable investing in Taeyang Metal
Taeyang Metal Stock Technical Analysis
Taeyang Metal 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
Taeyang Metal Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Taeyang Metal Industrial 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.
Taeyang Metal December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Taeyang Metal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taeyang Metal shares will generate the highest return on investment. By undertsting and applying Taeyang Metal stock market strength indicators, traders can identify Taeyang Metal Industrial entry and exit signals to maximize returns
Taeyang Metal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taeyang Metal's price direction in advance. Along with the technical and fundamental analysis of Taeyang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taeyang 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 | 0.0645 | |||
| Jensen Alpha | 0.3417 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | 0.0886 | |||
| Treynor Ratio | 0.7512 |
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Taeyang Stock analysis
When running Taeyang Metal's price analysis, check to measure Taeyang Metal'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 Taeyang Metal is operating at the current time. Most of Taeyang Metal's value examination focuses on studying past and present price action to predict the probability of Taeyang Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taeyang Metal's price. Additionally, you may evaluate how the addition of Taeyang Metal to your portfolios can decrease your overall portfolio volatility.
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