Seronics (Korea) Price on August 5, 2024
042600 Stock | KRW 10,750 590.00 5.20% |
If you're considering investing in Seronics Stock, it is important to understand the factors that can impact its price. As of today, the current price of Seronics stands at 10,750, as last reported on the 30th of November, with the highest price reaching 11,340 and the lowest price hitting 10,670 during the day. Seronics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0892, which indicates the firm had a -0.0892% return per unit of risk over the last 3 months. Seronics Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Seronics' Risk Adjusted Performance of (0.06), variance of 12.02, and Coefficient Of Variation of (1,181) to confirm the risk estimate we provide.
Seronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Seronics |
Sharpe Ratio = -0.0892
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Estimated Market Risk
3.59 actual daily | 31 69% of assets are more volatile |
Expected Return
-0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Seronics 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 Seronics by adding Seronics to a well-diversified portfolio.
Seronics Valuation on August 5, 2024
It is possible to determine the worth of Seronics on a given historical date. On August 5, 2024 Seronics was worth 13200.0 at the beginning of the trading date compared to the closed value of 11570.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Seronics stock. Still, in general, we apply an absolute valuation method to find Seronics' 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 Seronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Seronics' related companies.
Open | High | Low | Close | Volume | |
13,670 | 14,060 | 13,320 | 13,620 | 18,862 | |
08/05/2024 | 13,200 | 13,250 | 10,800 | 11,570 | 70,545 |
11,080 | 12,370 | 11,080 | 11,990 | 89,708 |
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Seronics Trading Date Momentum on August 5, 2024
On August 06 2024 Seronics Co was traded for 11,990 at the closing time. The highest price during the trading period was 12,370 and the lowest recorded bid was listed for 11,080 . The volume for the day was 89.7 K. This history from August 6, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.63% . The trading price change to the current price is 13.22% . |
Seronics Fundamentals Correlations and Trends
By evaluating Seronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Seronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Seronics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Seronics Stock history
Seronics 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 Seronics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Seronics 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 Seronics stock prices may prove useful in developing a viable investing in Seronics
Seronics Co., Ltd. manufactures and sells electronic components in Korea and North America. Seronics Co., Ltd. was founded in 1968 and is headquartered in Gumi-si, South Korea. SERONICS is traded on Korean Securities Dealers Automated Quotations in South Korea.
Seronics Stock Technical Analysis
Seronics 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
Seronics Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Seronics 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.
Seronics November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Seronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Seronics shares will generate the highest return on investment. By undertsting and applying Seronics stock market strength indicators, traders can identify Seronics Co entry and exit signals to maximize returns
Seronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Seronics' price direction in advance. Along with the technical and fundamental analysis of Seronics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Seronics 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 | (0.06) | |||
Jensen Alpha | (0.28) | |||
Total Risk Alpha | (0.88) | |||
Treynor Ratio | 1.46 |
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Volume Indicators |
Complementary Tools for Seronics Stock analysis
When running Seronics' price analysis, check to measure Seronics' 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 Seronics is operating at the current time. Most of Seronics' value examination focuses on studying past and present price action to predict the probability of Seronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seronics' price. Additionally, you may evaluate how the addition of Seronics to your portfolios can decrease your overall portfolio volatility.
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