COWAY (Korea) Price on August 30, 2024
| 021240 Stock | 68,000 900.00 1.34% |
If you're considering investing in COWAY Stock, it is important to understand the factors that can impact its price. As of today, the current price of COWAY stands at 68,000, as last reported on the 28th of November, with the highest price reaching 69,400 and the lowest price hitting 66,000 during the day. At this point, COWAY is very steady. COWAY secures Sharpe Ratio (or Efficiency) of 0.02, which signifies that the company had a 0.02% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for COWAY Co, which you can use to evaluate the volatility of the firm. Please confirm COWAY's mean deviation of 1.61, and Risk Adjusted Performance of 0.0753 to double-check if the risk estimate we provide is consistent with the expected return of 0.0445%.
COWAY Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
COWAY |
Sharpe Ratio = 0.02
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| Negative Returns | 021240 |
Estimated Market Risk
| 2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average COWAY is performing at about 1% 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 COWAY by adding it to a well-diversified portfolio.
COWAY Valuation on August 30, 2024
It is possible to determine the worth of COWAY on a given historical date. On August 30, 2024 COWAY was worth 69500.0 at the beginning of the trading date compared to the closed value of 67200.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of COWAY stock. Still, in general, we apply an absolute valuation method to find COWAY'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 COWAY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against COWAY's related companies.
| Open | High | Low | Close | Volume | |
| 68,600 | 70,000 | 67,800 | 69,300 | 194,029 | |
08/30/2024 | 69,500 | 69,500 | 67,100 | 67,200 | 512,016 |
| 67,000 | 68,300 | 66,400 | 66,700 | 89,423 |
| Backtest COWAY | | | COWAY History | | | COWAY Valuation | Previous | Next |
COWAY Trading Date Momentum on August 30, 2024
| On September 02 2024 COWAY Co was traded for 66,700 at the closing time. The highest price during the trading period was 68,300 and the lowest recorded bid was listed for 66,400 . The volume for the day was 89.4 K. This history from September 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.74% . The overall trading delta to the current price is 2.38% . |
COWAY Fundamentals Correlations and Trends
By evaluating COWAY'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 COWAY's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. COWAY financial account trend analysis is a perfect complement when working with valuation or volatility modules.About COWAY Stock history
COWAY 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 COWAY is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in COWAY 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 COWAY stock prices may prove useful in developing a viable investing in COWAY
COWAY Stock Technical Analysis
COWAY 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
COWAY Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
COWAY Co 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.
COWAY November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how COWAY stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading COWAY shares will generate the highest return on investment. By undertsting and applying COWAY stock market strength indicators, traders can identify COWAY Co entry and exit signals to maximize returns
COWAY Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for COWAY's price direction in advance. Along with the technical and fundamental analysis of COWAY Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of COWAY 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 | 0.0753 | |||
| Jensen Alpha | 0.2044 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0337 | |||
| Treynor Ratio | (1.83) |
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| Volume Indicators |
Complementary Tools for COWAY Stock analysis
When running COWAY's price analysis, check to measure COWAY'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 COWAY is operating at the current time. Most of COWAY's value examination focuses on studying past and present price action to predict the probability of COWAY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COWAY's price. Additionally, you may evaluate how the addition of COWAY to your portfolios can decrease your overall portfolio volatility.
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