COWINTECH (Korea) Price on October 16, 2024

282880 Stock  KRW 12,750  1,100  9.44%   
If you're considering investing in COWINTECH Stock, it is important to understand the factors that can impact its price. As of today, the current price of COWINTECH stands at 12,750, as last reported on the 11th of December 2024, with the highest price reaching 12,750 and the lowest price hitting 11,570 during the day. COWINTECH secures Sharpe Ratio (or Efficiency) of -0.0123, which signifies that the company had a -0.0123% return per unit of volatility over the last 3 months. COWINTECH Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm COWINTECH's mean deviation of 2.93, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
  
COWINTECH Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0123

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Estimated Market Risk

 5.11
  actual daily
45
55% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average COWINTECH 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 COWINTECH by adding COWINTECH to a well-diversified portfolio.

COWINTECH Valuation on October 16, 2024

It is possible to determine the worth of COWINTECH on a given historical date. On October 16, 2024 COWINTECH was worth 14930.0 at the beginning of the trading date compared to the closed value of 14700.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of COWINTECH stock. Still, in general, we apply an absolute valuation method to find COWINTECH'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 COWINTECH where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against COWINTECH's related companies.
 Open High Low Close Volume
  15,280    15,470    14,900    14,930    36,390  
10/16/2024
  14,930    15,070    14,640    14,700    19,504  
  14,640    14,800    14,430    14,450    31,982  
Backtest COWINTECH  |  COWINTECH History  |  COWINTECH Valuation   PreviousNext  
Open Value
14930.0
14,915
Downside
14700.0
Closing Value
14,945
Upside

COWINTECH Trading Date Momentum on October 16, 2024

On October 17 2024 COWINTECH Co was traded for  14,450  at the closing time. The highest price during the trading period was 14,800  and the lowest recorded bid was listed for  14,430 . The volume for the day was 32 K. This history from October 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.70% . The overall trading delta to the current price is 9.32% .

COWINTECH Fundamentals Correlations and Trends

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

About COWINTECH Stock history

COWINTECH 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 COWINTECH is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in COWINTECH 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 COWINTECH stock prices may prove useful in developing a viable investing in COWINTECH
Ltd. engages in the manufacture and installation of equipment for automation. The company was founded in 1998 and is headquartered in Asan, South Korea. COWIN is traded on Korean Securities Dealers Automated Quotations in South Korea.

COWINTECH Stock Technical Analysis

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

COWINTECH Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

COWINTECH 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.

COWINTECH December 11, 2024 Market Strength

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

COWINTECH Technical and Predictive Indicators

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

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