Innometry (Korea) Price on February 29, 2024
302430 Stock | KRW 8,020 100.00 1.23% |
If you're considering investing in Innometry Stock, it is important to understand the factors that can impact its price. As of today, the current price of Innometry stands at 8,020, as last reported on the 29th of November, with the highest price reaching 8,150 and the lowest price hitting 7,970 during the day. Innometry holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. Innometry exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Innometry's Market Risk Adjusted Performance of 3.45, risk adjusted performance of (0.1), and Standard Deviation of 2.6 to validate the risk estimate we provide.
Innometry Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Innometry |
Sharpe Ratio = -0.1649
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Negative Returns | 302430 |
Estimated Market Risk
2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Innometry 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 Innometry by adding Innometry to a well-diversified portfolio.
Innometry Valuation on February 29, 2024
It is possible to determine the worth of Innometry on a given historical date. On February 29, 2024 Innometry was worth 10550.0 at the beginning of the trading date compared to the closed value of 10420.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innometry stock. Still, in general, we apply an absolute valuation method to find Innometry'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 Innometry where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innometry's related companies.
Open | High | Low | Close | Volume | |
10,210 | 11,940 | 10,210 | 10,550 | 246,457 | |
02/29/2024 | 10,550 | 10,640 | 10,420 | 10,420 | 18,101 |
10,420 | 10,570 | 10,380 | 10,570 | 12,070 |
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Innometry Trading Date Momentum on February 29, 2024
On March 04 2024 Innometry Co was traded for 10,570 at the closing time. The highest price during the trading period was 10,570 and the lowest recorded bid was listed for 10,380 . The volume for the day was 12.1 K. This history from March 4, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.44% . The trading delta at closing time to the current price is 22.36% . |
Innometry Fundamentals Correlations and Trends
By evaluating Innometry'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 Innometry's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Innometry financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Innometry Stock history
Innometry 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 Innometry is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Innometry 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 Innometry stock prices may prove useful in developing a viable investing in Innometry
Innometry Co., Ltd. manufactures and sells X-ray inspection systems in South Korea. The company was founded in 2008 and is headquartered in Hwaseong, South Korea. INNOMETRY is traded on Korean Securities Dealers Automated Quotations in South Korea.
Innometry Stock Technical Analysis
Innometry 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
Innometry Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Innometry 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.
Innometry November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Innometry stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Innometry shares will generate the highest return on investment. By undertsting and applying Innometry stock market strength indicators, traders can identify Innometry Co entry and exit signals to maximize returns
Innometry Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Innometry's price direction in advance. Along with the technical and fundamental analysis of Innometry Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Innometry 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 | (0.1) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (0.76) | |||
Treynor Ratio | 3.44 |
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Volume Indicators |
Complementary Tools for Innometry Stock analysis
When running Innometry's price analysis, check to measure Innometry'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 Innometry is operating at the current time. Most of Innometry's value examination focuses on studying past and present price action to predict the probability of Innometry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innometry's price. Additionally, you may evaluate how the addition of Innometry to your portfolios can decrease your overall portfolio volatility.
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