Wave Electronics (Korea) Price on September 11, 2024
095270 Stock | KRW 3,990 40.00 1.01% |
If you're considering investing in Wave Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wave Electronics stands at 3,990, as last reported on the 2nd of December, with the highest price reaching 4,000 and the lowest price hitting 3,845 during the day. Wave Electronics shows Sharpe Ratio of -0.12, which attests that the company had a -0.12% return per unit of risk over the last 3 months. Wave Electronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wave Electronics' Standard Deviation of 2.8, mean deviation of 2.14, and Market Risk Adjusted Performance of 0.9258 to validate the risk estimate we provide.
Wave Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wave |
Sharpe Ratio = -0.1223
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Negative Returns | 095270 |
Estimated Market Risk
2.87 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wave Electronics 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 Wave Electronics by adding Wave Electronics to a well-diversified portfolio.
Wave Electronics Valuation on September 11, 2024
It is possible to determine the worth of Wave Electronics on a given historical date. On September 11, 2024 Wave was worth 4720.0 at the beginning of the trading date compared to the closed value of 4500.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wave Electronics stock. Still, in general, we apply an absolute valuation method to find Wave Electronics' 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 Wave Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wave Electronics' related companies.
Open | High | Low | Close | Volume | |
4,795 | 4,795 | 4,555 | 4,635 | 22,658 | |
09/11/2024 | 4,720 | 4,795 | 4,480 | 4,500 | 131,219 |
4,695 | 4,695 | 4,370 | 4,530 | 122,019 |
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Wave Electronics Trading Date Momentum on September 11, 2024
On September 12 2024 Wave Electronics Co was traded for 4,530 at the closing time. The highest price during the trading period was 4,695 and the lowest recorded bid was listed for 4,370 . The volume for the day was 122 K. This history from September 12, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.67% . The trading price change to the current price is 4.89% . |
Wave Electronics Fundamentals Correlations and Trends
By evaluating Wave Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Wave Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wave financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wave Electronics Stock history
Wave Electronics 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 Wave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wave Electronics 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 Wave Electronics stock prices may prove useful in developing a viable investing in Wave Electronics
Wave Electronics Co., Ltd. manufactures and sells products for wireless telecommunications, defense, and display businesses in South Korea. Wave Electronics Co., Ltd. was founded in 1999 and is headquartered in Suwon, South Korea. WAVE ELECTRO is traded on Korean Securities Dealers Automated Quotations in South Korea.
Wave Electronics Stock Technical Analysis
Wave Electronics 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
Wave Electronics Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
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Wave Electronics December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Wave Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wave Electronics shares will generate the highest return on investment. By undertsting and applying Wave Electronics stock market strength indicators, traders can identify Wave Electronics Co entry and exit signals to maximize returns
Wave Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wave Electronics' price direction in advance. Along with the technical and fundamental analysis of Wave Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wave 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 | (0.11) | |||
Jensen Alpha | (0.37) | |||
Total Risk Alpha | (0.89) | |||
Treynor Ratio | 0.9158 |
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Volume Indicators |
Complementary Tools for Wave Stock analysis
When running Wave Electronics' price analysis, check to measure Wave Electronics' 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 Wave Electronics is operating at the current time. Most of Wave Electronics' value examination focuses on studying past and present price action to predict the probability of Wave Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wave Electronics' price. Additionally, you may evaluate how the addition of Wave Electronics to your portfolios can decrease your overall portfolio volatility.
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