Miwon Chemicals (Korea) Price on March 21, 2024

134380 Stock   79,300  300.00  0.38%   
If you're considering investing in Miwon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Miwon Chemicals stands at 79,300, as last reported on the 12th of December 2024, with the highest price reaching 79,800 and the lowest price hitting 78,700 during the day. Miwon Chemicals has Sharpe Ratio of -0.0228, which conveys that the firm had a -0.0228% return per unit of risk over the last 3 months. Miwon Chemicals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Miwon Chemicals' Risk Adjusted Performance of (0.01), mean deviation of 0.5293, and Standard Deviation of 0.761 to check out the risk estimate we provide.
  
Miwon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0228

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Estimated Market Risk

 0.81
  actual daily
7
93% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Miwon Chemicals 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 Miwon Chemicals by adding Miwon Chemicals to a well-diversified portfolio.

Miwon Chemicals Valuation on March 21, 2024

It is possible to determine the worth of Miwon Chemicals on a given historical date. On March 21, 2024 Miwon was worth 69371.05 at the beginning of the trading date compared to the closed value of 69174.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Miwon Chemicals stock. Still, in general, we apply an absolute valuation method to find Miwon Chemicals' 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 Miwon Chemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Miwon Chemicals' related companies.
 Open High Low Close Volume
  69,175    69,371    68,292    69,371    332.00  
03/21/2024
  69,371    69,567    69,175    69,175    49.00  
  69,567    69,764    69,077    69,077    1,198  
Backtest Miwon Chemicals  |  Miwon Chemicals History  |  Miwon Chemicals Valuation   PreviousNext  
Open Value
69371.05
69,369
Downside
69174.81
Closing Value
69,373
Upside

Miwon Chemicals Trading Date Momentum on March 21, 2024

On March 22 2024 Miwon Chemicals Co was traded for  69,077  at the closing time. The highest price during the trading period was 69,764  and the lowest recorded bid was listed for  69,077 . The volume for the day was 1.2 K. This history from March 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.14% . The trading delta at closing time to the current price is 0.85% .

About Miwon Chemicals Stock history

Miwon Chemicals 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 Miwon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Miwon Chemicals 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 Miwon Chemicals stock prices may prove useful in developing a viable investing in Miwon Chemicals

Miwon Chemicals Stock Technical Analysis

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

Miwon Chemicals Period Price Range

Low
December 12, 2024
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High

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Miwon Chemicals Co 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.

Miwon Chemicals December 12, 2024 Market Strength

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

Miwon Chemicals Technical and Predictive Indicators

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

When running Miwon Chemicals' price analysis, check to measure Miwon Chemicals' 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 Miwon Chemicals is operating at the current time. Most of Miwon Chemicals' value examination focuses on studying past and present price action to predict the probability of Miwon Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miwon Chemicals' price. Additionally, you may evaluate how the addition of Miwon Chemicals to your portfolios can decrease your overall portfolio volatility.
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