Daou Tech (Korea) Price on March 6, 2023

023590 Stock   17,930  10.00  0.06%   
If you're considering investing in Daou Stock, it is important to understand the factors that can impact its price. As of today, the current price of Daou Tech stands at 17,930, as last reported on the 26th of December, with the highest price reaching 18,000 and the lowest price hitting 17,830 during the day. Daou Tech secures Sharpe Ratio (or Efficiency) of -0.0495, which denotes the company had a -0.0495% return per unit of risk over the last 3 months. Daou Tech exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daou Tech's Mean Deviation of 0.777, downside deviation of 1.17, and Coefficient Of Variation of 6167.53 to check the risk estimate we provide.
  
Daou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0495

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Estimated Market Risk

 1.11
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.05
  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 Daou Tech 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 Daou Tech by adding Daou Tech to a well-diversified portfolio.

Daou Tech Valuation on March 6, 2023

It is possible to determine the worth of Daou Tech on a given historical date. On March 6, 2023 Daou was worth 20771.05 at the beginning of the trading date compared to the closed value of 20530.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daou Tech stock. Still, in general, we apply an absolute valuation method to find Daou Tech'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 Daou Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daou Tech's related companies.
 Open High Low Close Volume
  21,156    21,204    20,723    20,723    61,704  
03/06/2023
  20,771    20,819    20,338    20,531    84,629  
  20,483    20,723    20,146    20,386    118,945  
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Open Value
20771.05
20,768
Downside
20530.65
Closing Value
20,774
Upside

Daou Tech Trading Date Momentum on March 6, 2023

On March 07 2023 Daou Tech was traded for  20,386  at the closing time. The highest price during the trading period was 20,723  and the lowest recorded bid was listed for  20,146 . The volume for the day was 118.9 K. This history from March 7, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.70% . The overall trading delta to the current price is 7.03% .

Daou Tech Fundamentals Correlations and Trends

By evaluating Daou Tech'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 Daou Tech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Daou financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Daou Tech Stock history

Daou Tech 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 Daou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Daou Tech 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 Daou Tech stock prices may prove useful in developing a viable investing in Daou Tech

Daou Tech Stock Technical Analysis

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

Daou Tech Period Price Range

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December 26, 2024
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Daou Tech 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.

Daou Tech December 26, 2024 Market Strength

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

Daou Tech Technical and Predictive Indicators

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

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