Sangsangin (Korea) Price on February 8, 2023

038540 Stock  KRW 1,621  16.00  1.00%   
If you're considering investing in Sangsangin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sangsangin stands at 1,621, as last reported on the 23rd of November, with the highest price reaching 1,638 and the lowest price hitting 1,588 during the day. Sangsangin owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had a -0.2% return per unit of risk over the last 3 months. Sangsangin Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sangsangin's Variance of 6.99, coefficient of variation of (444.41), and Risk Adjusted Performance of (0.17) to confirm the risk estimate we provide.
  
Sangsangin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1986

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns038540

Estimated Market Risk

 2.77
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.55
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.2
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sangsangin 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 Sangsangin by adding Sangsangin to a well-diversified portfolio.

Sangsangin Valuation on February 8, 2023

It is possible to determine the worth of Sangsangin on a given historical date. On February 8, 2023 Sangsangin was worth 5944.07 at the beginning of the trading date compared to the closed value of 5993.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sangsangin stock. Still, in general, we apply an absolute valuation method to find Sangsangin'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 Sangsangin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sangsangin's related companies.
 Open High Low Close Volume
  5,895    5,954    5,876    5,924    114,968  
02/08/2023
  5,944    6,022    5,866    5,993    132,009  
  5,944    5,964    5,885    5,924    142,227  
Backtest Sangsangin  |  Sangsangin History  |  Sangsangin Valuation   PreviousNext  
Open Value
5944.07
5993.03
Closing Value
5,952
Upside

Sangsangin Trading Date Momentum on February 8, 2023

On February 09 2023 Sangsangin Co was traded for  5,924  at the closing time. The highest price during the trading period was 5,964  and the lowest recorded bid was listed for  5,885 . The volume for the day was 142.2 K. This history from February 9, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.14% . The trading price change to the current price is 4.08% .

Sangsangin Fundamentals Correlations and Trends

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

About Sangsangin Stock history

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

Sangsangin Stock Technical Analysis

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

Sangsangin Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sangsangin Co 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.

Sangsangin November 23, 2024 Market Strength

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

Sangsangin Technical and Predictive Indicators

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

When running Sangsangin's price analysis, check to measure Sangsangin'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 Sangsangin is operating at the current time. Most of Sangsangin's value examination focuses on studying past and present price action to predict the probability of Sangsangin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sangsangin's price. Additionally, you may evaluate how the addition of Sangsangin to your portfolios can decrease your overall portfolio volatility.
Global Correlations
Find global opportunities by holding instruments from different markets
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format