Shinsung Delta (Korea) Price on November 19, 2024
| 065350 Stock | KRW 67,500 4,600 7.31% |
If you're considering investing in Shinsung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shinsung Delta stands at 67,500, as last reported on the 27th of November, with the highest price reaching 68,600 and the lowest price hitting 63,700 during the day. Shinsung Delta appears to be very steady, given 3 months investment horizon. Shinsung Delta Tech owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. By inspecting Shinsung Delta's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please review Shinsung Delta's Semi Deviation of 2.65, risk adjusted performance of 0.1031, and Coefficient Of Variation of 807.48 to confirm if our risk estimates are consistent with your expectations.
Shinsung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shinsung |
Sharpe Ratio = 0.16
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 065350 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.4 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Shinsung Delta is performing at about 12% of its full potential. 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 Shinsung Delta by adding it to a well-diversified portfolio.
Shinsung Delta Valuation on November 19, 2024
It is possible to determine the worth of Shinsung Delta on a given historical date. On November 19, 2024 Shinsung was worth 49300.0 at the beginning of the trading date compared to the closed value of 51000.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shinsung Delta stock. Still, in general, we apply an absolute valuation method to find Shinsung Delta'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 Shinsung Delta where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shinsung Delta's related companies.
| Open | High | Low | Close | Volume | |
| 43,700 | 52,500 | 43,050 | 49,200 | 1,411,707 | |
11/19/2024 | 49,300 | 53,200 | 48,700 | 51,000 | 745,361 |
| 51,100 | 51,600 | 49,400 | 51,300 | 252,083 |
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Shinsung Delta Trading Date Momentum on November 19, 2024
| On November 20 2024 Shinsung Delta Tech was traded for 51,300 at the closing time. The highest price during the trading period was 51,600 and the lowest recorded bid was listed for 49,400 . The volume for the day was 252.1 K. This history from November 20, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.59% . The trading price change to the current price is 26.47% . |
Shinsung Delta Tech Fundamentals Correlations and Trends
By evaluating Shinsung Delta'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 Shinsung Delta's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shinsung financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shinsung Delta Stock history
Shinsung Delta 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 Shinsung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shinsung Delta Tech 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 Shinsung Delta stock prices may prove useful in developing a viable investing in Shinsung Delta
,Ltd. produces and sells various home appliance, automotive, IT, and B2C products in South Korea and internationally. ,Ltd. was founded in 1987 and is headquartered in Changwon, South Korea. SSDELTATECH is traded on Korean Securities Dealers Automated Quotations in South Korea.
Shinsung Delta Stock Technical Analysis
Shinsung Delta 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
Shinsung Delta Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Shinsung Delta Tech 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.
Shinsung Delta November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Shinsung Delta stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shinsung Delta shares will generate the highest return on investment. By undertsting and applying Shinsung Delta stock market strength indicators, traders can identify Shinsung Delta Tech entry and exit signals to maximize returns
Shinsung Delta Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shinsung Delta's price direction in advance. Along with the technical and fundamental analysis of Shinsung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shinsung 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 | 0.1031 | |||
| Jensen Alpha | 0.5687 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.1508 | |||
| Treynor Ratio | 2.5 |
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| Volume Indicators |
Complementary Tools for Shinsung Stock analysis
When running Shinsung Delta's price analysis, check to measure Shinsung Delta'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 Shinsung Delta is operating at the current time. Most of Shinsung Delta's value examination focuses on studying past and present price action to predict the probability of Shinsung Delta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinsung Delta's price. Additionally, you may evaluate how the addition of Shinsung Delta to your portfolios can decrease your overall portfolio volatility.
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