Tokai Carbon (Korea) Price on May 14, 2024
064760 Stock | KRW 69,700 700.00 0.99% |
If you're considering investing in Tokai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tokai Carbon stands at 69,700, as last reported on the 2nd of December, with the highest price reaching 70,100 and the lowest price hitting 67,900 during the day. Tokai Carbon Korea owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.22, which indicates the firm had a -0.22% return per unit of risk over the last 3 months. Tokai Carbon Korea exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tokai Carbon's Coefficient Of Variation of (387.50), risk adjusted performance of (0.19), and Variance of 5.78 to confirm the risk estimate we provide.
Tokai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tokai |
Sharpe Ratio = -0.2233
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Negative Returns | 064760 |
Estimated Market Risk
2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.52 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tokai Carbon 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 Tokai Carbon by adding Tokai Carbon to a well-diversified portfolio.
Tokai Carbon Valuation on May 14, 2024
It is possible to determine the worth of Tokai Carbon on a given historical date. On May 14, 2024 Tokai was worth 120200.0 at the beginning of the trading date compared to the closed value of 117000.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tokai Carbon stock. Still, in general, we apply an absolute valuation method to find Tokai Carbon'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 Tokai Carbon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tokai Carbon's related companies.
Open | High | Low | Close | Volume | |
120,800 | 122,000 | 118,700 | 120,300 | 22,527 | |
05/14/2024 | 120,200 | 121,100 | 115,600 | 117,000 | 47,804 |
119,500 | 121,300 | 117,700 | 119,000 | 29,833 |
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Tokai Carbon Trading Date Momentum on May 14, 2024
On May 16 2024 Tokai Carbon Korea was traded for 119,000 at the closing time. The highest price during the trading period was 121,300 and the lowest recorded bid was listed for 117,700 . The volume for the day was 29.8 K. This history from May 16, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.71% . The trading price change to the current price is 6.07% . |
Tokai Carbon Korea Fundamentals Correlations and Trends
By evaluating Tokai Carbon'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 Tokai Carbon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tokai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tokai Carbon Stock history
Tokai Carbon 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 Tokai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tokai Carbon Korea 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 Tokai Carbon stock prices may prove useful in developing a viable investing in Tokai Carbon
Tokai Carbon Stock Technical Analysis
Tokai Carbon 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
Tokai Carbon Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Tokai Carbon Korea 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.
Tokai Carbon December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Tokai Carbon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tokai Carbon shares will generate the highest return on investment. By undertsting and applying Tokai Carbon stock market strength indicators, traders can identify Tokai Carbon Korea entry and exit signals to maximize returns
Tokai Carbon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tokai Carbon's price direction in advance. Along with the technical and fundamental analysis of Tokai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tokai 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 | (0.19) | |||
Jensen Alpha | (0.61) | |||
Total Risk Alpha | (1.03) | |||
Treynor Ratio | 5.13 |
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Complementary Tools for Tokai Stock analysis
When running Tokai Carbon's price analysis, check to measure Tokai Carbon'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 Tokai Carbon is operating at the current time. Most of Tokai Carbon's value examination focuses on studying past and present price action to predict the probability of Tokai Carbon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tokai Carbon's price. Additionally, you may evaluate how the addition of Tokai Carbon to your portfolios can decrease your overall portfolio volatility.
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