Korea Shipbuilding (Korea) Price on December 3, 2024

009540 Stock   196,000  8,100  4.31%   
If you're considering investing in Korea Stock, it is important to understand the factors that can impact its price. As of today, the current price of Korea Shipbuilding stands at 196,000, as last reported on the 11th of December 2024, with the highest price reaching 199,300 and the lowest price hitting 187,900 during the day. Korea Shipbuilding appears to be very steady, given 3 months investment horizon. Korea Shipbuilding has Sharpe Ratio of 0.0954, which conveys that the firm had a 0.0954% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Korea Shipbuilding, which you can use to evaluate the volatility of the firm. Please exercise Korea Shipbuilding's Mean Deviation of 2.08, downside deviation of 2.55, and Risk Adjusted Performance of 0.0502 to check out if our risk estimates are consistent with your expectations.
  
Korea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0954

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Estimated Market Risk

 2.78
  actual daily
24
76% of assets are more volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Korea Shipbuilding is performing at about 7% 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 Korea Shipbuilding by adding it to a well-diversified portfolio.

Korea Shipbuilding Valuation on December 3, 2024

It is possible to determine the worth of Korea Shipbuilding on a given historical date. On December 3, 2024 Korea was worth 196300.0 at the beginning of the trading date compared to the closed value of 197200.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Korea Shipbuilding stock. Still, in general, we apply an absolute valuation method to find Korea Shipbuilding'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 Korea Shipbuilding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Korea Shipbuilding's related companies.
 Open High Low Close Volume
  207,500    207,500    191,600    195,500    350,165  
12/03/2024
  196,300    198,700    194,500    197,200    194,461  
  190,900    197,100    188,800    195,000    348,279  
Backtest Korea Shipbuilding  |  Korea Shipbuilding History  |  Korea Shipbuilding Valuation   PreviousNext  
Open Value
196300.0
196,292
Downside
197200.0
Closing Value
196,308
Upside

Korea Shipbuilding Trading Date Momentum on December 3, 2024

On December 04 2024 Korea Shipbuilding Offshore was traded for  195,000  at the closing time. The highest price during the trading period was 197,100  and the lowest recorded bid was listed for  188,800 . The volume for the day was 348.3 K. This history from December 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.12% . The trading delta at closing time to the current price is 3.65% .

Korea Shipbuilding Fundamentals Correlations and Trends

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

About Korea Shipbuilding Stock history

Korea Shipbuilding 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 Korea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Korea Shipbuilding 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 Korea Shipbuilding stock prices may prove useful in developing a viable investing in Korea Shipbuilding

Korea Shipbuilding Stock Technical Analysis

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

Korea Shipbuilding Period Price Range

Low
December 11, 2024
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High

 0.00 

     

 0.00 

Korea Shipbuilding Offshore 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.

Korea Shipbuilding December 11, 2024 Market Strength

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

Korea Shipbuilding Technical and Predictive Indicators

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

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