DRGEM (Korea) Price on September 3, 2024

263690 Stock  KRW 6,390  140.00  2.14%   
If you're considering investing in DRGEM Stock, it is important to understand the factors that can impact its price. As of today, the current price of DRGEM stands at 6,390, as last reported on the 2nd of December, with the highest price reaching 6,410 and the lowest price hitting 6,200 during the day. DRGEM secures Sharpe Ratio (or Efficiency) of -0.21, which denotes the company had a -0.21% return per unit of return volatility over the last 3 months. DRGEM exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DRGEM's mean deviation of 1.29, and Standard Deviation of 2.0 to check the risk estimate we provide.
  
DRGEM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2086

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Estimated Market Risk

 2.04
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.43
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  actual daily
0
Most of other assets perform better
Based on monthly moving average DRGEM 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 DRGEM by adding DRGEM to a well-diversified portfolio.

DRGEM Valuation on September 3, 2024

It is possible to determine the worth of DRGEM on a given historical date. On September 3, 2024 DRGEM was worth 8330.0 at the beginning of the trading date compared to the closed value of 8320.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DRGEM stock. Still, in general, we apply an absolute valuation method to find DRGEM'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 DRGEM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DRGEM's related companies.
 Open High Low Close Volume
  8,330    8,340    8,260    8,330    4,013  
09/03/2024
  8,330    8,330    8,160    8,320    3,033  
  8,110    8,290    8,050    8,220    5,064  
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Open Value
8330.0
8320.0
Closing Value
8,336
Upside

DRGEM Trading Date Momentum on September 3, 2024

On September 04 2024 DRGEM was traded for  8,220  at the closing time. The highest price during the trading period was 8,290  and the lowest recorded bid was listed for  8,050 . The volume for the day was 5.1 K. This history from September 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.20% . The overall trading delta to the current price is 2.64% .

DRGEM Fundamentals Correlations and Trends

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

About DRGEM Stock history

DRGEM 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 DRGEM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DRGEM 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 DRGEM stock prices may prove useful in developing a viable investing in DRGEM
DRGEM Corporation manufactures and sells diagnostic radiography systems worldwide. It offers high frequency X-ray generators, and conventional and digital radiography systems. DRGEM is traded on Korean Securities Dealers Automated Quotations in South Korea.

DRGEM Stock Technical Analysis

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

DRGEM Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

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DRGEM 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.

DRGEM December 2, 2024 Market Strength

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

DRGEM Technical and Predictive Indicators

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

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