Bosung Power (Korea) Price on May 23, 2023

006910 Stock  KRW 2,540  45.00  1.74%   
If you're considering investing in Bosung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bosung Power stands at 2,540, as last reported on the 28th of December, with the highest price reaching 2,590 and the lowest price hitting 2,505 during the day. Bosung Power Technology secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Bosung Power Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bosung Power's Standard Deviation of 2.79, risk adjusted performance of (0.12), and Mean Deviation of 2.03 to double-check the risk estimate we provide.
  
Bosung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1348

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Estimated Market Risk

 2.77
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.37
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bosung Power 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 Bosung Power by adding Bosung Power to a well-diversified portfolio.

Bosung Power Valuation on May 23, 2023

It is possible to determine the worth of Bosung Power on a given historical date. On May 23, 2023 Bosung was worth 3945.0 at the beginning of the trading date compared to the closed value of 3925.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bosung Power stock. Still, in general, we apply an absolute valuation method to find Bosung Power'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 Bosung Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bosung Power's related companies.
 Open High Low Close Volume
  3,905    3,960    3,865    3,905    446,376  
05/23/2023
  3,945    4,130    3,905    3,925    2,179,918  
  3,905    3,920    3,880    3,885    280,880  
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Open Value
3945.0
3925.0
Closing Value
3,953
Upside

Bosung Power Trading Date Momentum on May 23, 2023

On May 24 2023 Bosung Power Technology was traded for  3,885  at the closing time. The highest price during the trading period was 3,920  and the lowest recorded bid was listed for  3,880 . The volume for the day was 280.9 K. This history from May 24, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.02% . The overall trading delta to the current price is 1.66% .

Bosung Power Technology Fundamentals Correlations and Trends

By evaluating Bosung Power'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 Bosung Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bosung financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bosung Power Stock history

Bosung Power 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 Bosung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bosung Power Technology 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 Bosung Power stock prices may prove useful in developing a viable investing in Bosung Power
Bosung Power Technology Co., Ltd engages in the development, manufacture, and sale of electric power equipment in South Korea. Bosung Powertec was founded in 1970 and is based in Chungju, South Korea. BOSUNG POWER is traded on Korean Securities Dealers Automated Quotations in South Korea.

Bosung Power Stock Technical Analysis

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

Price Boundaries

Bosung Power Period Price Range

Low
December 28, 2024
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Bosung Power Technology 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.

Bosung Power December 28, 2024 Market Strength

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

Bosung Power Technical and Predictive Indicators

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

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