Poongsan (Korea) Price on July 11, 2024
103140 Stock | 49,450 750.00 1.49% |
If you're considering investing in Poongsan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Poongsan stands at 49,450, as last reported on the 22nd of December, with the highest price reaching 50,300 and the lowest price hitting 49,000 during the day. Poongsan maintains Sharpe Ratio (i.e., Efficiency) of -0.0336, which implies the firm had a -0.0336% return per unit of risk over the last 3 months. Poongsan exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Poongsan's Coefficient Of Variation of (2,239), variance of 10.7, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
Poongsan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Poongsan |
Sharpe Ratio = -0.0336
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 103140 |
Estimated Market Risk
3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.11 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 Poongsan 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 Poongsan by adding Poongsan to a well-diversified portfolio.
Poongsan Valuation on July 11, 2024
It is possible to determine the worth of Poongsan on a given historical date. On July 11, 2024 Poongsan was worth 68300.0 at the beginning of the trading date compared to the closed value of 67700.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Poongsan stock. Still, in general, we apply an absolute valuation method to find Poongsan'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 Poongsan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Poongsan's related companies.
Open | High | Low | Close | Volume | |
70,000 | 71,100 | 67,800 | 68,300 | 698,621 | |
07/11/2024 | 68,300 | 69,300 | 66,300 | 67,700 | 397,059 |
67,000 | 67,600 | 65,500 | 66,900 | 303,819 |
Backtest Poongsan | | | Poongsan History | | | Poongsan Valuation | Previous | Next |
Poongsan Trading Date Momentum on July 11, 2024
On July 12 2024 Poongsan was traded for 66,900 at the closing time. The highest price during the trading period was 67,600 and the lowest recorded bid was listed for 65,500 . The volume for the day was 303.8 K. This history from July 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.18% . The trading delta at closing time to the current price is 8.12% . |
Poongsan Fundamentals Correlations and Trends
By evaluating Poongsan'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 Poongsan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Poongsan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Poongsan Stock history
Poongsan 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 Poongsan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Poongsan 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 Poongsan stock prices may prove useful in developing a viable investing in Poongsan
Poongsan Stock Technical Analysis
Poongsan 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
Poongsan Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Poongsan cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock Exchange. 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.
Poongsan December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Poongsan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Poongsan shares will generate the highest return on investment. By undertsting and applying Poongsan stock market strength indicators, traders can identify Poongsan entry and exit signals to maximize returns
Poongsan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Poongsan's price direction in advance. Along with the technical and fundamental analysis of Poongsan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Poongsan 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 | (0.03) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | 1.19 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Poongsan Stock analysis
When running Poongsan's price analysis, check to measure Poongsan'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 Poongsan is operating at the current time. Most of Poongsan's value examination focuses on studying past and present price action to predict the probability of Poongsan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Poongsan's price. Additionally, you may evaluate how the addition of Poongsan to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |