J Steel (Korea) Price on September 4, 2024
| 023440 Stock | 1,868 119.00 6.80% |
If you're considering investing in 023440 Stock, it is important to understand the factors that can impact its price. As of today, the current price of J Steel stands at 1,868, as last reported on the 15th of December 2024, with the highest price reaching 1,880 and the lowest price hitting 1,710 during the day. J Steel appears to be very steady, given 3 months investment horizon. J Steel holds Efficiency (Sharpe) Ratio of 0.15, which attests that the company had a 0.15% return per unit of volatility over the last 3 months. By analyzing J Steel's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please utilize J Steel's market risk adjusted performance of 0.9388, and Semi Deviation of 3.61 to validate if our risk estimates are consistent with your expectations.
023440 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
023440 |
Sharpe Ratio = 0.1488
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Estimated Market Risk
| 4.81 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average J Steel is performing at about 11% 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 J Steel by adding it to a well-diversified portfolio.
J Steel Valuation on September 4, 2024
It is possible to determine the worth of J Steel on a given historical date. On September 4, 2024 023440 was worth 1250.0 at the beginning of the trading date compared to the closed value of 1280.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of J Steel stock. Still, in general, we apply an absolute valuation method to find J Steel'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 J Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against J Steel's related companies.
| Open | High | Low | Close | Volume | |
| 1,279 | 1,289 | 1,260 | 1,280 | 150,157 | |
09/04/2024 | 1,250 | 1,295 | 1,237 | 1,280 | 330,721 |
| 1,280 | 1,327 | 1,264 | 1,309 | 131,781 |
| Backtest J Steel | | | J Steel History | Previous | Next |
J Steel Trading Date Momentum on September 4, 2024
| On September 05 2024 J Steel Co was traded for 1,309 at the closing time. The highest price during the trading period was 1,327 and the lowest recorded bid was listed for 1,264 . The volume for the day was 131.8 K. This history from September 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.27% . The trading delta at closing time to the current price is 1.64% . |
Price Boundaries
J Steel Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
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J Steel December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how J Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading J Steel shares will generate the highest return on investment. By undertsting and applying J Steel stock market strength indicators, traders can identify J Steel Co entry and exit signals to maximize returns
J Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for J Steel's price direction in advance. Along with the technical and fundamental analysis of 023440 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 023440 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 | 0.1086 | |||
| Jensen Alpha | 0.5784 | |||
| Total Risk Alpha | 0.0554 | |||
| Sortino Ratio | 0.1237 | |||
| Treynor Ratio | 0.9288 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for 023440 Stock analysis
When running J Steel's price analysis, check to measure J Steel'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 J Steel is operating at the current time. Most of J Steel's value examination focuses on studying past and present price action to predict the probability of J Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move J Steel's price. Additionally, you may evaluate how the addition of J Steel to your portfolios can decrease your overall portfolio volatility.
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