Webzen (Korea) Price on August 9, 2024

069080 Stock  KRW 15,890  850.00  5.65%   
If you're considering investing in Webzen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Webzen stands at 15,890, as last reported on the 14th of December 2024, with the highest price reaching 16,000 and the lowest price hitting 15,080 during the day. Webzen Inc shows Sharpe Ratio of -0.0328, which attests that the company had a -0.0328% return per unit of risk over the last 3 months. Webzen Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Webzen's Mean Deviation of 1.5, standard deviation of 2.03, and Market Risk Adjusted Performance of 0.5319 to validate the risk estimate we provide.
  
Webzen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0328

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns069080

Estimated Market Risk

 2.09
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.07
  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 Webzen 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 Webzen by adding Webzen to a well-diversified portfolio.

Webzen Valuation on August 9, 2024

It is possible to determine the worth of Webzen on a given historical date. On August 9, 2024 Webzen was worth 17300.0 at the beginning of the trading date compared to the closed value of 17290.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Webzen stock. Still, in general, we apply an absolute valuation method to find Webzen'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 Webzen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Webzen's related companies.
 Open High Low Close Volume
  16,810    17,680    16,510    17,200    191,566  
08/09/2024
  17,300    17,630    17,130    17,290    86,821  
  17,290    17,330    17,060    17,200    56,204  
Backtest Webzen  |  Webzen History  |  Webzen Valuation   PreviousNext  
Open Value
17300.0
17,294
Downside
17290.0
Closing Value
17,306
Upside

Webzen Trading Date Momentum on August 9, 2024

On August 12 2024 Webzen Inc was traded for  17,200  at the closing time. The highest price during the trading period was 17,330  and the lowest recorded bid was listed for  17,060 . The volume for the day was 56.2 K. This history from August 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.52% . The trading price change to the current price is 9.02% .

Webzen Inc Fundamentals Correlations and Trends

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

About Webzen Stock history

Webzen 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 Webzen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Webzen Inc 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 Webzen stock prices may prove useful in developing a viable investing in Webzen
Webzen Inc., a game company, engages in the PC, online, and mobile gaming business worldwide. Webzen Inc. was founded in 2000 and is headquartered in Seongnam, South Korea. Webzen is traded on Korean Securities Dealers Automated Quotations in South Korea.

Webzen Stock Technical Analysis

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

Webzen Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Webzen Inc 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.

Webzen December 14, 2024 Market Strength

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

Webzen Technical and Predictive Indicators

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

When running Webzen's price analysis, check to measure Webzen'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 Webzen is operating at the current time. Most of Webzen's value examination focuses on studying past and present price action to predict the probability of Webzen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Webzen's price. Additionally, you may evaluate how the addition of Webzen to your portfolios can decrease your overall portfolio volatility.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Bonds Directory
Find actively traded corporate debentures issued by US companies
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities