Daesung Eltec (Korea) Price on August 20, 2024

025440 Stock  KRW 817.00  10.00  1.21%   
If you're considering investing in Daesung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Daesung Eltec stands at 817.00, as last reported on the 24th of December, with the highest price reaching 829.00 and the lowest price hitting 805.00 during the day. Daesung Eltec secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of standard deviation over the last 3 months. Daesung Eltec Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daesung Eltec's Coefficient Of Variation of (590.93), standard deviation of 3.29, and Mean Deviation of 2.16 to check the risk estimate we provide.
  
Daesung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.167

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Estimated Market Risk

 3.68
  actual daily
32
68% of assets are more volatile

Expected Return

 -0.62
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Daesung Eltec 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 Daesung Eltec by adding Daesung Eltec to a well-diversified portfolio.

Daesung Eltec Valuation on August 20, 2024

It is possible to determine the worth of Daesung Eltec on a given historical date. On August 20, 2024 Daesung was worth 1775.0 at the beginning of the trading date compared to the closed value of 1775.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daesung Eltec stock. Still, in general, we apply an absolute valuation method to find Daesung Eltec'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 Daesung Eltec where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daesung Eltec's related companies.
 Open High Low Close Volume
  1,740    1,790    1,700    1,775    9,115  
08/20/2024
  1,775    1,795    1,740    1,775    26,211  
  1,775    1,795    1,695    1,700    46,581  
Backtest Daesung Eltec  |  Daesung Eltec History  |  Daesung Eltec Valuation   PreviousNext  
Open Value
1775.0
1775.0
Closing Value
1,786
Upside

Daesung Eltec Trading Date Momentum on August 20, 2024

On August 21 2024 Daesung Eltec Co was traded for  1,700  at the closing time. The highest price during the trading period was 1,795  and the lowest recorded bid was listed for  1,695 . The volume for the day was 46.6 K. This history from August 21, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 4.23% . The overall trading delta to the current price is 32.39% .

Daesung Eltec Fundamentals Correlations and Trends

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

About Daesung Eltec Stock history

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

Daesung Eltec Stock Technical Analysis

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

Daesung Eltec Period Price Range

Low
December 24, 2024
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High

 0.00 

     

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Daesung Eltec Co cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. 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.

Daesung Eltec December 24, 2024 Market Strength

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

Daesung Eltec Technical and Predictive Indicators

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

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