Wonbang Tech (Korea) Price on October 15, 2024

053080 Stock  KRW 12,860  450.00  3.38%   
If you're considering investing in Wonbang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wonbang Tech stands at 12,860, as last reported on the 30th of November, with the highest price reaching 13,300 and the lowest price hitting 12,700 during the day. Wonbang Tech shows Sharpe Ratio of -0.21, which attests that the company had a -0.21% return per unit of risk over the last 3 months. Wonbang Tech exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wonbang Tech's Standard Deviation of 3.99, market risk adjusted performance of 1.13, and Mean Deviation of 2.59 to validate the risk estimate we provide.
  
Wonbang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2133

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Estimated Market Risk

 2.81
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.6
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  actual daily
0
Most of other assets perform better
Based on monthly moving average Wonbang 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 Wonbang Tech by adding Wonbang Tech to a well-diversified portfolio.

Wonbang Tech Valuation on October 15, 2024

It is possible to determine the worth of Wonbang Tech on a given historical date. On October 15, 2024 Wonbang was worth 17290.0 at the beginning of the trading date compared to the closed value of 16900.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wonbang Tech stock. Still, in general, we apply an absolute valuation method to find Wonbang 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 Wonbang Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wonbang Tech's related companies.
 Open High Low Close Volume
  16,610    17,200    16,610    16,950    182,126  
10/15/2024
  17,290    17,370    16,850    16,900    242,897  
  16,560    16,650    16,300    16,340    152,973  
Backtest Wonbang Tech  |  Wonbang Tech History  |  Wonbang Tech Valuation   PreviousNext  
Open Value
17290.0
17,282
Downside
16900.0
Closing Value
17,298
Upside

Wonbang Tech Trading Date Momentum on October 15, 2024

On October 16 2024 Wonbang Tech Co was traded for  16,340  at the closing time. The highest price during the trading period was 16,650  and the lowest recorded bid was listed for  16,300 . The volume for the day was 153 K. This history from October 16, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.31% . The trading price change to the current price is 8.46% .

Wonbang Tech Fundamentals Correlations and Trends

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

About Wonbang Tech Stock history

Wonbang 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 Wonbang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wonbang 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 Wonbang Tech stock prices may prove useful in developing a viable investing in Wonbang Tech
Wonbang Tech Co., Ltd. engages in the engineering business in South Korea. The company was founded in 1989 and is headquartered in Seoul, South Korea. WONBANG TECH is traded on Korean Securities Dealers Automated Quotations in South Korea.

Wonbang Tech Stock Technical Analysis

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

Wonbang Tech Period Price Range

Low
November 30, 2024
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High

 0.00 

     

 0.00 

Wonbang Tech 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.

Wonbang Tech November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Wonbang 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 Wonbang Tech shares will generate the highest return on investment. By undertsting and applying Wonbang Tech stock market strength indicators, traders can identify Wonbang Tech Co entry and exit signals to maximize returns

Wonbang Tech Technical and Predictive Indicators

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

When running Wonbang Tech's price analysis, check to measure Wonbang 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 Wonbang Tech is operating at the current time. Most of Wonbang Tech's value examination focuses on studying past and present price action to predict the probability of Wonbang 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 Wonbang Tech's price. Additionally, you may evaluate how the addition of Wonbang Tech to your portfolios can decrease your overall portfolio volatility.
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