Samwon Steel (Korea) Price on May 25, 2023
023000 Stock | 2,525 35.00 1.37% |
If you're considering investing in Samwon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Samwon Steel stands at 2,525, as last reported on the 30th of November, with the highest price reaching 2,555 and the lowest price hitting 2,520 during the day. Samwon Steel owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0459, which indicates the firm had a -0.0459% return per unit of risk over the last 3 months. Samwon Steel exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Samwon Steel's insignificant Risk Adjusted Performance, coefficient of variation of (17,145), and Variance of 1.15 to confirm the risk estimate we provide.
Samwon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Samwon |
Sharpe Ratio = -0.0459
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Negative Returns | 023000 |
Estimated Market Risk
1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Samwon 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 Samwon Steel by adding Samwon Steel to a well-diversified portfolio.
Samwon Steel Valuation on May 25, 2023
It is possible to determine the worth of Samwon Steel on a given historical date. On May 25, 2023 Samwon was worth 3325.0 at the beginning of the trading date compared to the closed value of 3275.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Samwon Steel stock. Still, in general, we apply an absolute valuation method to find Samwon 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 Samwon Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Samwon Steel's related companies.
Open | High | Low | Close | Volume | |
3,330 | 3,415 | 3,275 | 3,330 | 102,960 | |
05/25/2023 | 3,325 | 3,325 | 3,225 | 3,275 | 96,858 |
3,275 | 3,275 | 3,160 | 3,170 | 102,866 |
Backtest Samwon Steel | | | Samwon Steel History | | | Samwon Steel Valuation | Previous | Next |
Samwon Steel Trading Date Momentum on May 25, 2023
On May 26 2023 Samwon Steel was traded for 3,170 at the closing time. The highest price during the trading period was 3,275 and the lowest recorded bid was listed for 3,160 . The volume for the day was 102.9 K. This history from May 26, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 3.21% . The trading price change to the current price is 1.83% . |
Samwon Steel Fundamentals Correlations and Trends
By evaluating Samwon 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 Samwon Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Samwon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Samwon Steel Stock history
Samwon 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 Samwon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Samwon 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 Samwon Steel stock prices may prove useful in developing a viable investing in Samwon Steel
Samwon Steel Stock Technical Analysis
Samwon 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.
Price Boundaries
Samwon Steel Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Samwon Steel 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.
Samwon Steel November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Samwon 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 Samwon Steel shares will generate the highest return on investment. By undertsting and applying Samwon Steel stock market strength indicators, traders can identify Samwon Steel entry and exit signals to maximize returns
Samwon Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Samwon Steel's price direction in advance. Along with the technical and fundamental analysis of Samwon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Samwon 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) | |||
Jensen Alpha | 0.0081 | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | 0.0851 |
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Complementary Tools for Samwon Stock analysis
When running Samwon Steel's price analysis, check to measure Samwon 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 Samwon Steel is operating at the current time. Most of Samwon Steel's value examination focuses on studying past and present price action to predict the probability of Samwon 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 Samwon Steel's price. Additionally, you may evaluate how the addition of Samwon Steel to your portfolios can decrease your overall portfolio volatility.
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