311960 (Korea) Price on December 22, 2024
| 311960 Stock | 4,360 360.00 9.00% |
If you're considering investing in 311960 Stock, it is important to understand the factors that can impact its price. As of today, the current price of 311960 stands at 4,360, as last reported on the 22nd of December, with the highest price reaching 4,380 and the lowest price hitting 3,900 during the day. 311960 appears to be very steady, given 3 months investment horizon. 311960 retains Efficiency (Sharpe Ratio) of 0.12, which signifies that the company had a 0.12% return per unit of price deviation over the last 3 months. By evaluating 311960's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please makes use of 311960's Coefficient Of Variation of 802.85, standard deviation of 5.99, and Market Risk Adjusted Performance of 1.67 to double-check if our risk estimates are consistent with your expectations.
311960 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
311960 |
Sharpe Ratio = 0.1211
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Estimated Market Risk
| 5.76 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average 311960 is performing at about 9% 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 311960 by adding it to a well-diversified portfolio.
311960 Valuation on December 22, 2024
It is possible to determine the worth of 311960 on a given historical date. On December 22, 2024 311960 was worth 3900.0 at the beginning of the trading date compared to the closed value of 4360.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 311960 stock. Still, in general, we apply an absolute valuation method to find 311960'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 311960 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 311960's related companies.
| Open | High | Low | Close | Volume | |
| 3,900 | 4,380 | 3,900 | 4,360 | 507.00 | |
12/22/2024 | 3,900 | 4,380 | 3,900 | 4,360 | 0.00 |
| Backtest 311960 | | | 311960 History | Previous |
311960 Trading Date Momentum on December 22, 2024
| On December 22 2024 311960 was traded for 4,360 at the closing time. The highest price during the trading period was 4,380 and the lowest recorded bid was listed for 3,900 . There was no trading activity during the period 0.0. Lack of trading volume on December 22, 2024 had no effect on price fluctuation. The daily price change to the current price is 10.55% . |
Price Boundaries
311960 Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
311960 cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock Exchange. 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.
311960 December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how 311960 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 311960 shares will generate the highest return on investment. By undertsting and applying 311960 stock market strength indicators, traders can identify 311960 entry and exit signals to maximize returns
311960 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 311960's price direction in advance. Along with the technical and fundamental analysis of 311960 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 311960 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 | 0.1074 | |||
| Jensen Alpha | 0.7263 | |||
| Total Risk Alpha | 0.5684 | |||
| Sortino Ratio | 0.1278 | |||
| Treynor Ratio | 1.66 |
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| Volume Indicators |
Complementary Tools for 311960 Stock analysis
When running 311960's price analysis, check to measure 311960'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 311960 is operating at the current time. Most of 311960's value examination focuses on studying past and present price action to predict the probability of 311960's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 311960's price. Additionally, you may evaluate how the addition of 311960 to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |