Daekyung Machinery (Korea) Price on December 11, 2024
| 015590 Stock | 515.00 23.00 4.67% |
If you're considering investing in Daekyung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Daekyung Machinery stands at 515.00, as last reported on the 11th of December 2024, with the highest price reaching 522.00 and the lowest price hitting 488.00 during the day. Daekyung Machinery appears to be very steady, given 3 months investment horizon. Daekyung Machinery 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. By reviewing Daekyung Machinery's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Daekyung Machinery's Downside Deviation of 2.99, semi deviation of 2.88, and Mean Deviation of 2.25 to check if our risk estimates are consistent with your expectations.
Daekyung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Daekyung |
Sharpe Ratio = 0.1606
| Best Portfolio | Best Equity | |||
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| Average Returns | ||||
| Small Returns | 015590 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Daekyung Machinery is performing at about 12% 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 Daekyung Machinery by adding it to a well-diversified portfolio.
Daekyung Machinery Valuation on December 11, 2024
It is possible to determine the worth of Daekyung Machinery on a given historical date. On December 11, 2024 Daekyung was worth 492.0 at the beginning of the trading date compared to the closed value of 515.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daekyung Machinery stock. Still, in general, we apply an absolute valuation method to find Daekyung Machinery'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 Daekyung Machinery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daekyung Machinery's related companies.
| Open | High | Low | Close | Volume | |
12/11/2024 | 492.00 | 522.00 | 488.00 | 515.00 | 0.00 |
| Backtest Daekyung Machinery | | | Daekyung Machinery History | | | Daekyung Machinery Valuation |
Daekyung Machinery Trading Date Momentum on December 11, 2024
About Daekyung Machinery Stock history
Daekyung Machinery 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 Daekyung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Daekyung Machinery 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 Daekyung Machinery stock prices may prove useful in developing a viable investing in Daekyung Machinery
Daekyung Machinery Stock Technical Analysis
Daekyung Machinery 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
Daekyung Machinery Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Daekyung Machinery Engineering 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.
Daekyung Machinery December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Daekyung Machinery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daekyung Machinery shares will generate the highest return on investment. By undertsting and applying Daekyung Machinery stock market strength indicators, traders can identify Daekyung Machinery Engineering entry and exit signals to maximize returns
Daekyung Machinery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Daekyung Machinery's price direction in advance. Along with the technical and fundamental analysis of Daekyung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Daekyung 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 | 0.029 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1102 |
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Complementary Tools for Daekyung Stock analysis
When running Daekyung Machinery's price analysis, check to measure Daekyung Machinery'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 Daekyung Machinery is operating at the current time. Most of Daekyung Machinery's value examination focuses on studying past and present price action to predict the probability of Daekyung Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daekyung Machinery's price. Additionally, you may evaluate how the addition of Daekyung Machinery to your portfolios can decrease your overall portfolio volatility.
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