Industrial Bank (Korea) Price on November 19, 2024
| 024110 Stock | 14,850 320.00 2.11% |
If you're considering investing in Industrial Stock, it is important to understand the factors that can impact its price. As of today, the current price of Industrial Bank stands at 14,850, as last reported on the 4th of December, with the highest price reaching 15,090 and the lowest price hitting 14,690 during the day. At this point, Industrial Bank is very steady. Industrial Bank holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for Industrial Bank, which you can use to evaluate the volatility of the firm. Please check out Industrial Bank's Risk Adjusted Performance of 0.0642, market risk adjusted performance of 4.37, and Downside Deviation of 1.06 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Industrial Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Industrial |
Sharpe Ratio = 0.1049
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| Cash | 024110 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Industrial Bank is performing at about 8% 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 Industrial Bank by adding it to a well-diversified portfolio.
Industrial Bank Valuation on November 19, 2024
It is possible to determine the worth of Industrial Bank on a given historical date. On November 19, 2024 Industrial was worth 14380.0 at the beginning of the trading date compared to the closed value of 14440.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Industrial Bank stock. Still, in general, we apply an absolute valuation method to find Industrial Bank'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 Industrial Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Industrial Bank's related companies.
| Open | High | Low | Close | Volume | |
| 14,210 | 14,480 | 14,200 | 14,380 | 822,865 | |
11/19/2024 | 14,380 | 14,520 | 14,370 | 14,440 | 584,429 |
| 14,440 | 14,720 | 14,440 | 14,660 | 736,977 |
| Backtest Industrial Bank | | | Industrial Bank History | | | Industrial Bank Valuation | Previous | Next |
Industrial Bank Trading Date Momentum on November 19, 2024
| On November 20 2024 Industrial Bank was traded for 14,660 at the closing time. The highest price during the trading period was 14,720 and the lowest recorded bid was listed for 14,440 . The volume for the day was 737 K. This history from November 20, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.52% . The trading delta at closing time to the current price is 4.92% . |
Industrial Bank Fundamentals Correlations and Trends
By evaluating Industrial Bank'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 Industrial Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Industrial financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Industrial Bank Stock history
Industrial Bank 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 Industrial is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Industrial Bank 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 Industrial Bank stock prices may prove useful in developing a viable investing in Industrial Bank
Industrial Bank Stock Technical Analysis
Industrial Bank 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
Industrial Bank Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Industrial Bank 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.
Industrial Bank December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Industrial Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Industrial Bank shares will generate the highest return on investment. By undertsting and applying Industrial Bank stock market strength indicators, traders can identify Industrial Bank entry and exit signals to maximize returns
Industrial Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Industrial Bank's price direction in advance. Along with the technical and fundamental analysis of Industrial Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Industrial 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 | 0.0642 | |||
| Jensen Alpha | 0.0762 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 4.36 |
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Complementary Tools for Industrial Stock analysis
When running Industrial Bank's price analysis, check to measure Industrial Bank'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 Industrial Bank is operating at the current time. Most of Industrial Bank's value examination focuses on studying past and present price action to predict the probability of Industrial Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial Bank's price. Additionally, you may evaluate how the addition of Industrial Bank to your portfolios can decrease your overall portfolio volatility.
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