Sungchang Autotech (Korea) Price on November 28, 2024
| 080470 Stock | KRW 3,845 25.00 0.65% |
If you're considering investing in Sungchang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sungchang Autotech stands at 3,845, as last reported on the 1st of December, with the highest price reaching 3,855 and the lowest price hitting 3,750 during the day. Sungchang Autotech owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0565, which indicates the firm had a -0.0565% return per unit of risk over the last 3 months. Sungchang Autotech Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sungchang Autotech's Coefficient Of Variation of (2,447), risk adjusted performance of (0.02), and Variance of 6.12 to confirm the risk estimate we provide.
Sungchang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sungchang |
Sharpe Ratio = -0.0565
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| Negative Returns | 080470 |
Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sungchang Autotech 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 Sungchang Autotech by adding Sungchang Autotech to a well-diversified portfolio.
Sungchang Autotech Valuation on November 28, 2024
It is possible to determine the worth of Sungchang Autotech on a given historical date. On November 28, 2024 Sungchang was worth 3790.0 at the beginning of the trading date compared to the closed value of 3820.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sungchang Autotech stock. Still, in general, we apply an absolute valuation method to find Sungchang Autotech'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 Sungchang Autotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sungchang Autotech's related companies.
| Open | High | Low | Close | Volume | |
| 3,800 | 3,925 | 3,790 | 3,830 | 13,011 | |
11/28/2024 | 3,790 | 3,900 | 3,790 | 3,820 | 9,706 |
| 3,820 | 3,855 | 3,750 | 3,845 | 8,889 |
| Backtest Sungchang Autotech | | | Sungchang Autotech History | | | Sungchang Autotech Valuation | Previous | Next |
Sungchang Autotech Trading Date Momentum on November 28, 2024
| On November 29 2024 Sungchang Autotech Co was traded for 3,845 at the closing time. The highest price during the trading period was 3,855 and the lowest recorded bid was listed for 3,750 . The volume for the day was 8.9 K. This history from November 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.65% . The trading price change to the current price is 0.00% . |
Sungchang Autotech Fundamentals Correlations and Trends
By evaluating Sungchang Autotech'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 Sungchang Autotech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sungchang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sungchang Autotech Stock history
Sungchang Autotech 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 Sungchang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sungchang Autotech 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 Sungchang Autotech stock prices may prove useful in developing a viable investing in Sungchang Autotech
Sungchang Autotech Co., Ltd. manufactures and sells automotive parts in South Korea. Sungchang Autotech Co., Ltd. was founded in 1996 and is headquartered in Anseong, South Korea. SCAutotech is traded on Korean Securities Dealers Automated Quotations in South Korea.
Sungchang Autotech Stock Technical Analysis
Sungchang Autotech 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
Sungchang Autotech Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Sungchang Autotech 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.
Sungchang Autotech December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Sungchang Autotech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sungchang Autotech shares will generate the highest return on investment. By undertsting and applying Sungchang Autotech stock market strength indicators, traders can identify Sungchang Autotech Co entry and exit signals to maximize returns
Sungchang Autotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sungchang Autotech's price direction in advance. Along with the technical and fundamental analysis of Sungchang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sungchang 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 | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 0.2969 |
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Complementary Tools for Sungchang Stock analysis
When running Sungchang Autotech's price analysis, check to measure Sungchang Autotech'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 Sungchang Autotech is operating at the current time. Most of Sungchang Autotech's value examination focuses on studying past and present price action to predict the probability of Sungchang Autotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sungchang Autotech's price. Additionally, you may evaluate how the addition of Sungchang Autotech to your portfolios can decrease your overall portfolio volatility.
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