Samhyun Steel (Korea) Price on October 17, 2024

017480 Stock  KRW 4,640  15.00  0.32%   
If you're considering investing in Samhyun Stock, it is important to understand the factors that can impact its price. As of today, the current price of Samhyun Steel stands at 4,640, as last reported on the 30th of November, with the highest price reaching 4,670 and the lowest price hitting 4,560 during the day. Samhyun Steel owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0227, which indicates the firm had a -0.0227% return per unit of risk over the last 3 months. Samhyun Steel Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Samhyun Steel's Coefficient Of Variation of (8,242), variance of 0.7838, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
  
Samhyun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0227

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Estimated Market Risk

 0.92
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Samhyun Steel 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 Samhyun Steel by adding Samhyun Steel to a well-diversified portfolio.

Samhyun Steel Valuation on October 17, 2024

It is possible to determine the worth of Samhyun Steel on a given historical date. On October 17, 2024 Samhyun was worth 4710.0 at the beginning of the trading date compared to the closed value of 4740.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Samhyun Steel stock. Still, in general, we apply an absolute valuation method to find Samhyun Steel'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 Samhyun Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Samhyun Steel's related companies.
 Open High Low Close Volume
  4,705    4,740    4,705    4,740    1,056  
10/17/2024
  4,710    4,745    4,710    4,740    12,880  
  4,740    4,770    4,715    4,770    3,922  
Backtest Samhyun Steel  |  Samhyun Steel History  |  Samhyun Steel Valuation   PreviousNext  
Open Value
4710.0
4740.0
Closing Value
4,713
Upside

Samhyun Steel Trading Date Momentum on October 17, 2024

On October 18 2024 Samhyun Steel Co was traded for  4,770  at the closing time. The highest price during the trading period was 4,770  and the lowest recorded bid was listed for  4,715 . The volume for the day was 3.9 K. This history from October 18, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.63% . The trading price change to the current price is 1.48% .

Samhyun Steel Fundamentals Correlations and Trends

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

About Samhyun Steel Stock history

Samhyun Steel 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 Samhyun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Samhyun Steel 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 Samhyun Steel stock prices may prove useful in developing a viable investing in Samhyun Steel

Samhyun Steel Stock Technical Analysis

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

Samhyun Steel Period Price Range

Low
November 30, 2024
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High

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Samhyun Steel November 30, 2024 Market Strength

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

Samhyun Steel Technical and Predictive Indicators

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

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