Cloud Air (Korea) Price on April 29, 2024

036170 Stock  KRW 863.00  4.00  0.47%   
If you're considering investing in Cloud Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cloud Air stands at 863.00, as last reported on the 15th of December 2024, with the highest price reaching 875.00 and the lowest price hitting 857.00 during the day. Cloud Air CoLtd secures Sharpe Ratio (or Efficiency) of -0.0432, which signifies that the company had a -0.0432% return per unit of risk over the last 3 months. Cloud Air CoLtd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cloud Air's Mean Deviation of 1.18, standard deviation of 1.65, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
  
Cloud Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0432

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Estimated Market Risk

 1.68
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cloud Air 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 Cloud Air by adding Cloud Air to a well-diversified portfolio.

Cloud Air Valuation on April 29, 2024

It is possible to determine the worth of Cloud Air on a given historical date. On April 29, 2024 Cloud was worth 951.0 at the beginning of the trading date compared to the closed value of 964.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cloud Air stock. Still, in general, we apply an absolute valuation method to find Cloud Air'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 Cloud Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cloud Air's related companies.
 Open High Low Close Volume
  937.00    952.00    931.00    937.00    52,599  
04/29/2024
  951.00    965.00    942.00    964.00    78,376  
  964.00    970.00    948.00    958.00    31,016  
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Open Value
951.0
945.96
Downside
964.0
Closing Value
956.04
Upside

Cloud Air Trading Date Momentum on April 29, 2024

On April 30 2024 Cloud Air CoLtd was traded for  958.00  at the closing time. The highest price during the trading period was 970.00  and the lowest recorded bid was listed for  948.00 . The volume for the day was 31 K. This history from April 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.62% . The overall trading delta to the current price is 4.05% .

Cloud Air CoLtd Fundamentals Correlations and Trends

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

About Cloud Air Stock history

Cloud Air 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 Cloud is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cloud Air CoLtd 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 Cloud Air stock prices may prove useful in developing a viable investing in Cloud Air
,Ltd. engages in manufacturing and selling light emitting diode packagesmodules in South Korea. The company was founded in 1993 and is based in Suwon, South Korea. CTGen is traded on Korean Securities Dealers Automated Quotations in South Korea.

Cloud Air Stock Technical Analysis

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

Cloud Air Period Price Range

Low
December 15, 2024
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High

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Cloud Air CoLtd 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.

Cloud Air December 15, 2024 Market Strength

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

Cloud Air Technical and Predictive Indicators

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

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