Kakao Games (Korea) Price on October 31, 2024
| 293490 Stock | KRW 18,970 820.00 4.52% |
If you're considering investing in Kakao Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kakao Games stands at 18,970, as last reported on the 2nd of December, with the highest price reaching 19,120 and the lowest price hitting 18,120 during the day. At this point, Kakao Games is very steady. Kakao Games Corp has Sharpe Ratio of 0.0297, which conveys that the firm had a 0.0297% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kakao Games, which you can use to evaluate the volatility of the firm. Please verify Kakao Games' Mean Deviation of 1.94, risk adjusted performance of 0.0095, and Downside Deviation of 2.41 to check out if the risk estimate we provide is consistent with the expected return of 0.0737%.
Kakao Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kakao |
Sharpe Ratio = 0.0297
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| Cash | Small Risk | 293490 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.48 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Kakao Games is performing at about 2% 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 Kakao Games by adding it to a well-diversified portfolio.
Kakao Games Valuation on October 31, 2024
It is possible to determine the worth of Kakao Games on a given historical date. On October 31, 2024 Kakao was worth 17570.0 at the beginning of the trading date compared to the closed value of 17760.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kakao Games stock. Still, in general, we apply an absolute valuation method to find Kakao Games' 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 Kakao Games where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kakao Games' related companies.
| Open | High | Low | Close | Volume | |
| 17,240 | 18,080 | 17,170 | 17,570 | 251,815 | |
10/31/2024 | 17,570 | 17,780 | 17,220 | 17,760 | 187,228 |
| 17,650 | 17,650 | 17,240 | 17,260 | 91,700 |
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Kakao Games Trading Date Momentum on October 31, 2024
| On November 01 2024 Kakao Games Corp was traded for 17,260 at the closing time. The highest price during the trading period was 17,650 and the lowest recorded bid was listed for 17,240 . The volume for the day was 91.7 K. This history from November 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.82% . The trading delta at closing time to the current price is 4.22% . |
Kakao Games Corp Fundamentals Correlations and Trends
By evaluating Kakao Games' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Kakao Games' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kakao financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kakao Games Stock history
Kakao Games 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 Kakao is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kakao Games Corp 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 Kakao Games stock prices may prove useful in developing a viable investing in Kakao Games
Kakao Games Corporation operates a mobile and PC online game service platform for gamers worldwide. The company was incorporated in 2013 and is based in Seongnam, South Korea. Kakao Games is traded on Korean Securities Dealers Automated Quotations in South Korea.
Kakao Games Stock Technical Analysis
Kakao Games 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
Kakao Games Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Kakao Games Corp 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.
Kakao Games December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Kakao Games stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kakao Games shares will generate the highest return on investment. By undertsting and applying Kakao Games stock market strength indicators, traders can identify Kakao Games Corp entry and exit signals to maximize returns
Kakao Games Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kakao Games' price direction in advance. Along with the technical and fundamental analysis of Kakao Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kakao 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 | 0.0095 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.01) |
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Complementary Tools for Kakao Stock analysis
When running Kakao Games' price analysis, check to measure Kakao Games' 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 Kakao Games is operating at the current time. Most of Kakao Games' value examination focuses on studying past and present price action to predict the probability of Kakao Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kakao Games' price. Additionally, you may evaluate how the addition of Kakao Games to your portfolios can decrease your overall portfolio volatility.
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