Jinro Distillers (Korea) Price on June 29, 2024

018120 Stock  KRW 17,020  70.00  0.41%   
If you're considering investing in Jinro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jinro Distillers stands at 17,020, as last reported on the 2nd of December, with the highest price reaching 17,100 and the lowest price hitting 16,940 during the day. Jinro Distillers holds Efficiency (Sharpe) Ratio of -0.0321, which attests that the entity had a -0.0321% return per unit of risk over the last 3 months. Jinro Distillers exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jinro Distillers' Risk Adjusted Performance of (0.02), market risk adjusted performance of (0.22), and Standard Deviation of 0.9503 to validate the risk estimate we provide.
  
Jinro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0321

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Estimated Market Risk

 0.94
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Jinro Distillers 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 Jinro Distillers by adding Jinro Distillers to a well-diversified portfolio.

Jinro Distillers Valuation on June 29, 2024

It is possible to determine the worth of Jinro Distillers on a given historical date. On June 29, 2024 Jinro was worth 15650.0 at the beginning of the trading date compared to the closed value of 15630.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jinro Distillers stock. Still, in general, we apply an absolute valuation method to find Jinro Distillers' 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 Jinro Distillers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jinro Distillers' related companies.
 Open High Low Close Volume
  15,800    15,800    15,540    15,650    815.00  
06/28/2024
  15,650    15,650    15,520    15,630    1,358  
  15,630    15,630    15,480    15,610    542.00  
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Open Value
15650.0
15,647
Downside
15630.0
Closing Value
15,653
Upside

Jinro Distillers Trading Date Momentum on June 29, 2024

On July 01 2024 Jinro Distillers Co was traded for  15,610  at the closing time. The highest price during the trading period was 15,630  and the lowest recorded bid was listed for  15,480 . The volume for the day was 542. This history from July 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.13% . The trading delta at closing time to the current price is 2.75% .

Jinro Distillers Fundamentals Correlations and Trends

By evaluating Jinro Distillers' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Jinro Distillers' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jinro financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Jinro Distillers Stock history

Jinro Distillers 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 Jinro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jinro Distillers 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 Jinro Distillers stock prices may prove useful in developing a viable investing in Jinro Distillers
Jinro Distillers Co., Ltd. produces and sells alcohol for food industries in South Korea. The company was founded in 1966 and is headquartered in Ansan, South Korea. JrDistiller is traded on Korean Securities Dealers Automated Quotations in South Korea.

Jinro Distillers Stock Technical Analysis

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

Jinro Distillers Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Jinro Distillers Co 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.

Jinro Distillers December 2, 2024 Market Strength

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

Jinro Distillers Technical and Predictive Indicators

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

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