Orbitech (Korea) Price on November 29, 2024
| 046120 Stock | KRW 2,250 25.00 1.12% |
If you're considering investing in Orbitech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orbitech stands at 2,250, as last reported on the 4th of December, with the highest price reaching 2,290 and the lowest price hitting 2,215 during the day. At this point, Orbitech is very steady. Orbitech maintains Sharpe Ratio (i.e., Efficiency) of 0.0204, which implies the firm had a 0.0204% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Orbitech, which you can use to evaluate the volatility of the company. Please check Orbitech's insignificant Risk Adjusted Performance, coefficient of variation of (8,558), and Variance of 7.08 to confirm if the risk estimate we provide is consistent with the expected return of 0.0553%.
Orbitech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orbitech |
Sharpe Ratio = 0.0204
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| Cash | Small Risk | 046120 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.71 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Orbitech is performing at about 1% 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 Orbitech by adding it to a well-diversified portfolio.
Orbitech Valuation on November 29, 2024
It is possible to determine the worth of Orbitech on a given historical date. On November 29, 2024 Orbitech was worth 2435.0 at the beginning of the trading date compared to the closed value of 2315.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orbitech stock. Still, in general, we apply an absolute valuation method to find Orbitech'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 Orbitech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orbitech's related companies.
| Open | High | Low | Close | Volume | |
| 2,415 | 2,440 | 2,380 | 2,425 | 68,695 | |
11/29/2024 | 2,435 | 2,435 | 2,305 | 2,315 | 109,407 |
| 2,320 | 2,325 | 2,215 | 2,225 | 192,430 |
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Orbitech Trading Date Momentum on November 29, 2024
| On December 02 2024 Orbitech Co was traded for 2,225 at the closing time. The highest price during the trading period was 2,325 and the lowest recorded bid was listed for 2,215 . The volume for the day was 192.4 K. This history from December 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.89% . The trading delta at closing time to the current price is 3.02% . |
Orbitech Fundamentals Correlations and Trends
By evaluating Orbitech'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 Orbitech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orbitech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orbitech Stock history
Orbitech 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 Orbitech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orbitech 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 Orbitech stock prices may prove useful in developing a viable investing in Orbitech
Orbitech Co., Ltd. provides non destructive testing services in South Korea. The company was incorporated in 1991 and is headquartered in Seoul, South Korea. Orbitech is traded on Korean Securities Dealers Automated Quotations in South Korea.
Orbitech Stock Technical Analysis
Orbitech 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
Orbitech Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Orbitech 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.
Orbitech December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Orbitech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orbitech shares will generate the highest return on investment. By undertsting and applying Orbitech stock market strength indicators, traders can identify Orbitech Co entry and exit signals to maximize returns
Orbitech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orbitech's price direction in advance. Along with the technical and fundamental analysis of Orbitech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orbitech 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) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.1) |
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| Volume Indicators |
Complementary Tools for Orbitech Stock analysis
When running Orbitech's price analysis, check to measure Orbitech'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 Orbitech is operating at the current time. Most of Orbitech's value examination focuses on studying past and present price action to predict the probability of Orbitech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orbitech's price. Additionally, you may evaluate how the addition of Orbitech to your portfolios can decrease your overall portfolio volatility.
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