Choil Aluminum (Korea) Price on September 30, 2024
018470 Stock | 1,430 2.00 0.14% |
If you're considering investing in Choil Stock, it is important to understand the factors that can impact its price. As of today, the current price of Choil Aluminum stands at 1,430, as last reported on the 14th of December 2024, with the highest price reaching 1,434 and the lowest price hitting 1,402 during the day. Choil Aluminum secures Sharpe Ratio (or Efficiency) of -0.0512, which signifies that the company had a -0.0512% return per unit of risk over the last 3 months. Choil Aluminum exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Choil Aluminum's Risk Adjusted Performance of (0.03), standard deviation of 2.9, and Mean Deviation of 2.12 to double-check the risk estimate we provide.
Choil Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Choil |
Sharpe Ratio = -0.0512
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 018470 |
Estimated Market Risk
2.9 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Choil Aluminum 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 Choil Aluminum by adding Choil Aluminum to a well-diversified portfolio.
Choil Aluminum Valuation on September 30, 2024
It is possible to determine the worth of Choil Aluminum on a given historical date. On September 30, 2024 Choil was worth 1720.0 at the beginning of the trading date compared to the closed value of 1683.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Choil Aluminum stock. Still, in general, we apply an absolute valuation method to find Choil Aluminum'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 Choil Aluminum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Choil Aluminum's related companies.
Open | High | Low | Close | Volume | |
1,698 | 1,712 | 1,681 | 1,706 | 390,750 | |
09/30/2024 | 1,720 | 1,721 | 1,670 | 1,683 | 321,558 |
1,683 | 2,080 | 1,645 | 1,764 | 18,274,851 |
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Choil Aluminum Trading Date Momentum on September 30, 2024
On October 02 2024 Choil Aluminum was traded for 1,764 at the closing time. The highest price during the trading period was 2,080 and the lowest recorded bid was listed for 1,645 . The volume for the day was 18.3 M. This history from October 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.81% . The overall trading delta to the current price is 14.44% . |
Choil Aluminum Fundamentals Correlations and Trends
By evaluating Choil Aluminum'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 Choil Aluminum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Choil financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Choil Aluminum Stock history
Choil Aluminum 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 Choil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Choil Aluminum 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 Choil Aluminum stock prices may prove useful in developing a viable investing in Choil Aluminum
Choil Aluminum Stock Technical Analysis
Choil Aluminum 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
Choil Aluminum Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Choil Aluminum 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.
Choil Aluminum December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Choil Aluminum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Choil Aluminum shares will generate the highest return on investment. By undertsting and applying Choil Aluminum stock market strength indicators, traders can identify Choil Aluminum entry and exit signals to maximize returns
Choil Aluminum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Choil Aluminum's price direction in advance. Along with the technical and fundamental analysis of Choil Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Choil 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 | (0.03) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.52) | |||
Treynor Ratio | 1.36 |
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Complementary Tools for Choil Stock analysis
When running Choil Aluminum's price analysis, check to measure Choil Aluminum'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 Choil Aluminum is operating at the current time. Most of Choil Aluminum's value examination focuses on studying past and present price action to predict the probability of Choil Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Choil Aluminum's price. Additionally, you may evaluate how the addition of Choil Aluminum to your portfolios can decrease your overall portfolio volatility.
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