National Plastic (Korea) Price on November 5, 2024
004255 Stock | 2,600 20.00 0.76% |
If you're considering investing in National Stock, it is important to understand the factors that can impact its price. As of today, the current price of National Plastic stands at 2,600, as last reported on the 2nd of December, with the highest price reaching 2,640 and the lowest price hitting 2,580 during the day. National Plastic has Sharpe Ratio of -0.002, which conveys that the firm had a -0.002% return per unit of risk over the last 3 months. National Plastic exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify National Plastic's standard deviation of 1.15, and Mean Deviation of 0.8183 to check out the risk estimate we provide.
National Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
National |
Sharpe Ratio = -0.002
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Estimated Market Risk
1.22 actual daily | 10 90% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average National Plastic 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 National Plastic by adding National Plastic to a well-diversified portfolio.
National Plastic Valuation on November 5, 2024
It is possible to determine the worth of National Plastic on a given historical date. On November 5, 2024 National was worth 2715.0 at the beginning of the trading date compared to the closed value of 2660.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of National Plastic stock. Still, in general, we apply an absolute valuation method to find National Plastic'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 National Plastic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against National Plastic's related companies.
Open | High | Low | Close | Volume | |
2,680 | 2,720 | 2,650 | 2,720 | 6,541 | |
11/05/2024 | 2,715 | 2,715 | 2,635 | 2,660 | 11,227 |
2,680 | 2,685 | 2,650 | 2,680 | 4,376 |
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National Plastic Trading Date Momentum on November 5, 2024
On November 06 2024 National Plastic Co was traded for 2,680 at the closing time. The highest price during the trading period was 2,685 and the lowest recorded bid was listed for 2,650 . The volume for the day was 4.4 K. This history from November 6, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.75% . The trading delta at closing time to the current price is 4.70% . |
National Plastic Fundamentals Correlations and Trends
By evaluating National Plastic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among National Plastic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. National financial account trend analysis is a perfect complement when working with valuation or volatility modules.About National Plastic Stock history
National Plastic 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 National is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in National Plastic 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 National Plastic stock prices may prove useful in developing a viable investing in National Plastic
National Plastic Stock Technical Analysis
National Plastic 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
National Plastic Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
National Plastic Co 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.
National Plastic December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how National Plastic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Plastic shares will generate the highest return on investment. By undertsting and applying National Plastic stock market strength indicators, traders can identify National Plastic Co entry and exit signals to maximize returns
National Plastic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for National Plastic's price direction in advance. Along with the technical and fundamental analysis of National Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of National 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.
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | (0.12) |
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Complementary Tools for National Stock analysis
When running National Plastic's price analysis, check to measure National Plastic'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 National Plastic is operating at the current time. Most of National Plastic's value examination focuses on studying past and present price action to predict the probability of National Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Plastic's price. Additionally, you may evaluate how the addition of National Plastic to your portfolios can decrease your overall portfolio volatility.
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