Dong-A Steel (Korea) Price on October 29, 2024

058730 Stock   2,875  275.00  10.58%   
If you're considering investing in Dong-A Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dong-A Steel stands at 2,875, as last reported on the 11th of December 2024, with the highest price reaching 2,890 and the lowest price hitting 2,635 during the day. Dong A Steel secures Sharpe Ratio (or Efficiency) of -0.0266, which denotes the company had a -0.0266% return per unit of risk over the last 3 months. Dong A Steel Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dong-A Steel's Variance of 12.62, standard deviation of 3.55, and Mean Deviation of 2.61 to check the risk estimate we provide.
  
Dong-A Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0266

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Estimated Market Risk

 3.72
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Dong-A Steel 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 Dong-A Steel by adding Dong-A Steel to a well-diversified portfolio.

Dong-A Steel Valuation on October 29, 2024

It is possible to determine the worth of Dong-A Steel on a given historical date. On October 29, 2024 Dong-A was worth 3250.0 at the beginning of the trading date compared to the closed value of 3410.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dong-A Steel stock. Still, in general, we apply an absolute valuation method to find Dong-A Steel'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 Dong-A Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dong-A Steel's related companies.
 Open High Low Close Volume
  3,210    3,270    3,150    3,220    61,262  
10/29/2024
  3,250    3,415    3,180    3,410    477,239  
  3,420    3,570    3,355    3,480    982,468  
Backtest Dong-A Steel  |  Dong-A Steel History  |  Dong-A Steel Valuation   PreviousNext  
Open Value
3250.0
3410.0
Closing Value
3,261
Upside

Dong-A Steel Trading Date Momentum on October 29, 2024

On October 30 2024 Dong A Steel Technology was traded for  3,480  at the closing time. The highest price during the trading period was 3,570  and the lowest recorded bid was listed for  3,355 . The volume for the day was 982.5 K. This history from October 30, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.05% . The overall trading delta to the current price is 1.76% .

About Dong-A Steel Stock history

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

Dong-A Steel Stock Technical Analysis

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

Dong-A Steel Period Price Range

Low
December 11, 2024
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High

 0.00 

     

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Dong A Steel Technology 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.

Dong-A Steel December 11, 2024 Market Strength

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

Dong-A Steel Technical and Predictive Indicators

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

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