Sungdo Engineering (Korea) Price on August 30, 2024
037350 Stock | 4,420 20.00 0.45% |
If you're considering investing in Sungdo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sungdo Engineering stands at 4,420, as last reported on the 27th of November, with the highest price reaching 4,440 and the lowest price hitting 4,350 during the day. Sungdo Engineering owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Sungdo Engineering Construction exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sungdo Engineering's Variance of 6.77, coefficient of variation of (1,314), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
Sungdo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sungdo |
Sharpe Ratio = -0.1123
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Negative Returns | 037350 |
Estimated Market Risk
2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sungdo Engineering 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 Sungdo Engineering by adding Sungdo Engineering to a well-diversified portfolio.
Sungdo Engineering Valuation on August 30, 2024
It is possible to determine the worth of Sungdo Engineering on a given historical date. On August 30, 2024 Sungdo was worth 5300.0 at the beginning of the trading date compared to the closed value of 5280.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sungdo Engineering stock. Still, in general, we apply an absolute valuation method to find Sungdo Engineering'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 Sungdo Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sungdo Engineering's related companies.
Open | High | Low | Close | Volume | |
5,250 | 5,390 | 5,200 | 5,290 | 96,533 | |
08/30/2024 | 5,300 | 5,320 | 5,210 | 5,280 | 34,805 |
5,230 | 5,240 | 5,140 | 5,210 | 38,373 |
Backtest Sungdo Engineering | | | Sungdo Engineering History | | | Sungdo Engineering Valuation | Previous | Next |
Sungdo Engineering Trading Date Momentum on August 30, 2024
On September 02 2024 Sungdo Engineering Construction was traded for 5,210 at the closing time. The highest price during the trading period was 5,240 and the lowest recorded bid was listed for 5,140 . The volume for the day was 38.4 K. This history from September 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.33% . The trading price change to the current price is 9.09% . |
Sungdo Engineering Fundamentals Correlations and Trends
By evaluating Sungdo Engineering'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 Sungdo Engineering's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sungdo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sungdo Engineering Stock history
Sungdo Engineering 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 Sungdo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sungdo Engineering 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 Sungdo Engineering stock prices may prove useful in developing a viable investing in Sungdo Engineering
Sungdo Engineering Stock Technical Analysis
Sungdo Engineering 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
Sungdo Engineering Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Sungdo Engineering Construction 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.
Sungdo Engineering November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Sungdo Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sungdo Engineering shares will generate the highest return on investment. By undertsting and applying Sungdo Engineering stock market strength indicators, traders can identify Sungdo Engineering Construction entry and exit signals to maximize returns
Sungdo Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sungdo Engineering's price direction in advance. Along with the technical and fundamental analysis of Sungdo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sungdo 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 | (0.05) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.62) | |||
Treynor Ratio | 0.9737 |
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Volume Indicators |
Complementary Tools for Sungdo Stock analysis
When running Sungdo Engineering's price analysis, check to measure Sungdo Engineering'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 Sungdo Engineering is operating at the current time. Most of Sungdo Engineering's value examination focuses on studying past and present price action to predict the probability of Sungdo Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sungdo Engineering's price. Additionally, you may evaluate how the addition of Sungdo Engineering to your portfolios can decrease your overall portfolio volatility.
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