SPG (Korea) Price on August 23, 2024

058610 Stock  KRW 23,100  200.00  0.87%   
If you're considering investing in SPG Stock, it is important to understand the factors that can impact its price. As of today, the current price of SPG stands at 23,100, as last reported on the 29th of November, with the highest price reaching 23,300 and the lowest price hitting 22,650 during the day. SPG Co owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0815, which indicates the firm had a -0.0815% return per unit of volatility over the last 3 months. SPG Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SPG's risk adjusted performance of 0.0037, and Variance of 7.33 to confirm the risk estimate we provide.
  
SPG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0815

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Estimated Market Risk

 2.69
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average SPG 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 SPG by adding SPG to a well-diversified portfolio.

SPG Valuation on August 23, 2024

It is possible to determine the worth of SPG on a given historical date. On August 23, 2024 SPG was worth 24700.0 at the beginning of the trading date compared to the closed value of 25450.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPG stock. Still, in general, we apply an absolute valuation method to find SPG'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 SPG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPG's related companies.
 Open High Low Close Volume
  24,300    27,700    24,150    25,050    3,024,047  
08/23/2024
  24,700    26,250    24,650    25,450    532,060  
  26,000    26,700    25,550    25,750    463,232  
Backtest SPG  |  SPG History  |  SPG Valuation   PreviousNext  
Open Value
24700.0
24,692
Downside
25450.0
Closing Value
24,708
Upside

SPG Trading Date Momentum on August 23, 2024

On August 26 2024 SPG Co was traded for  25,750  at the closing time. The highest price during the trading period was 26,700  and the lowest recorded bid was listed for  25,550 . The volume for the day was 463.2 K. This history from August 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.18% . The trading price change to the current price is 5.89% .

SPG Co Fundamentals Correlations and Trends

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

About SPG Stock history

SPG 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 SPG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SPG Co 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 SPG stock prices may prove useful in developing a viable investing in SPG
The company offers standard AC motors, including induction, reversible, electromagnetic brake, terminal box type, speed controller, and control motors, as well as gear heads, digital speed indicators, and brake packs. SPG Co., Ltd. was founded in 1991 and is based in Incheon, South Korea. SPG is traded on Korean Securities Dealers Automated Quotations in South Korea.

SPG Stock Technical Analysis

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

SPG Period Price Range

Low
November 29, 2024
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High

 0.00 

     

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SPG 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.

SPG November 29, 2024 Market Strength

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

SPG Technical and Predictive Indicators

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

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