THiRA-UTECH (Korea) Price on November 6, 2024

322180 Stock  KRW 4,755  40.00  0.83%   
If you're considering investing in THiRA-UTECH Stock, it is important to understand the factors that can impact its price. As of today, the current price of THiRA-UTECH stands at 4,755, as last reported on the 13th of December 2024, with the highest price reaching 4,875 and the lowest price hitting 4,700 during the day. THiRA UTECH LTD owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0283, which indicates the firm had a -0.0283% return per unit of risk over the last 3 months. THiRA UTECH LTD exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate THiRA-UTECH's Coefficient Of Variation of (1,851), variance of 8.04, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
  
THiRA-UTECH Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0283

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Estimated Market Risk

 2.92
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average THiRA-UTECH 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 THiRA-UTECH by adding THiRA-UTECH to a well-diversified portfolio.

THiRA-UTECH Valuation on November 6, 2024

It is possible to determine the worth of THiRA-UTECH on a given historical date. On November 6, 2024 THiRA-UTECH was worth 6070.0 at the beginning of the trading date compared to the closed value of 5910.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of THiRA-UTECH stock. Still, in general, we apply an absolute valuation method to find THiRA-UTECH'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 THiRA-UTECH where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against THiRA-UTECH's related companies.
 Open High Low Close Volume
  5,810    6,070    5,720    6,040    67,009  
11/06/2024
  6,070    6,240    5,900    5,910    73,106  
  6,050    6,260    5,830    6,090    176,133  
Backtest THiRA-UTECH  |  THiRA-UTECH History  |  THiRA-UTECH Valuation   PreviousNext  
Open Value
6070.0
5910.0
Closing Value
6,079
Upside

THiRA-UTECH Trading Date Momentum on November 6, 2024

On November 07 2024 THiRA UTECH LTD was traded for  6,090  at the closing time. The highest price during the trading period was 6,260  and the lowest recorded bid was listed for  5,830 . The volume for the day was 176.1 K. This history from November 7, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.05% . The trading price change to the current price is 12.35% .

THiRA UTECH LTD Fundamentals Correlations and Trends

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

About THiRA-UTECH Stock history

THiRA-UTECH 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 THiRA-UTECH is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in THiRA UTECH LTD 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 THiRA-UTECH stock prices may prove useful in developing a viable investing in THiRA-UTECH
THiRA-UTECH CO., LTD. operates as a smart factory and smart logistics specialized solution provider in South Korea. The company was founded in 2000 and is headquartered in Seoul, South Korea. THiRA UTECH is traded on Korean Securities Dealers Automated Quotations in South Korea.

THiRA-UTECH Stock Technical Analysis

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

THiRA-UTECH Period Price Range

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December 13, 2024
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THiRA UTECH LTD 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.

THiRA-UTECH December 13, 2024 Market Strength

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

THiRA-UTECH Technical and Predictive Indicators

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

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