Wemade CoLtd (Korea) Price on November 29, 2024
| 112040 Stock | KRW 41,600 2,350 5.99% |
If you're considering investing in Wemade Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wemade CoLtd stands at 41,600, as last reported on the 13th of December 2024, with the highest price reaching 41,800 and the lowest price hitting 40,000 during the day. Wemade CoLtd appears to be very steady, given 3 months investment horizon. Wemade CoLtd shows Sharpe Ratio of 0.11, which attests that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wemade CoLtd, which you can use to evaluate the volatility of the company. Please utilize Wemade CoLtd's Downside Deviation of 3.2, mean deviation of 3.04, and Market Risk Adjusted Performance of 0.3851 to validate if our risk estimates are consistent with your expectations.
Wemade Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wemade |
Sharpe Ratio = 0.11
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Estimated Market Risk
| 4.04 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Wemade CoLtd is performing at about 8% of its full potential. 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 Wemade CoLtd by adding it to a well-diversified portfolio.
Wemade CoLtd Valuation on November 29, 2024
It is possible to determine the worth of Wemade CoLtd on a given historical date. On November 29, 2024 Wemade was worth 44450.0 at the beginning of the trading date compared to the closed value of 45500.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wemade CoLtd stock. Still, in general, we apply an absolute valuation method to find Wemade CoLtd'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 Wemade CoLtd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wemade CoLtd's related companies.
| Open | High | Low | Close | Volume | |
| 46,600 | 47,450 | 44,650 | 44,850 | 544,932 | |
11/29/2024 | 44,450 | 45,500 | 43,500 | 45,500 | 321,423 |
| 46,100 | 47,100 | 45,350 | 45,900 | 510,864 |
| Backtest Wemade CoLtd | | | Wemade CoLtd History | | | Wemade CoLtd Valuation | Previous | Next |
Wemade CoLtd Trading Date Momentum on November 29, 2024
| On December 02 2024 Wemade CoLtd was traded for 45,900 at the closing time. The highest price during the trading period was 47,100 and the lowest recorded bid was listed for 45,350 . The volume for the day was 510.9 K. This history from December 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.88% . The trading price change to the current price is 5.82% . |
Wemade CoLtd Fundamentals Correlations and Trends
By evaluating Wemade CoLtd'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 Wemade CoLtd's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wemade financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wemade CoLtd Stock history
Wemade CoLtd 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 Wemade is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wemade CoLtd 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 Wemade CoLtd stock prices may prove useful in developing a viable investing in Wemade CoLtd
Wemade CoLtd Stock Technical Analysis
Wemade CoLtd 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
Wemade CoLtd Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Wemade CoLtd 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.
Wemade CoLtd December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Wemade CoLtd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wemade CoLtd shares will generate the highest return on investment. By undertsting and applying Wemade CoLtd stock market strength indicators, traders can identify Wemade CoLtd entry and exit signals to maximize returns
Wemade CoLtd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wemade CoLtd's price direction in advance. Along with the technical and fundamental analysis of Wemade Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wemade 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 | 0.0902 | |||
| Jensen Alpha | 0.3195 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.1053 | |||
| Treynor Ratio | 0.3751 |
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| Volume Indicators |
Complementary Tools for Wemade Stock analysis
When running Wemade CoLtd's price analysis, check to measure Wemade CoLtd'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 Wemade CoLtd is operating at the current time. Most of Wemade CoLtd's value examination focuses on studying past and present price action to predict the probability of Wemade CoLtd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wemade CoLtd's price. Additionally, you may evaluate how the addition of Wemade CoLtd to your portfolios can decrease your overall portfolio volatility.
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