ChipsMedia (Korea) Price on September 3, 2024

094360 Stock   13,570  510.00  3.62%   
If you're considering investing in ChipsMedia Stock, it is important to understand the factors that can impact its price. As of today, the current price of ChipsMedia stands at 13,570, as last reported on the 1st of December, with the highest price reaching 14,190 and the lowest price hitting 13,510 during the day. ChipsMedia secures Sharpe Ratio (or Efficiency) of -0.0444, which signifies that the company had a -0.0444% return per unit of risk over the last 3 months. ChipsMedia exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ChipsMedia's Mean Deviation of 2.47, risk adjusted performance of (0.04), and Standard Deviation of 3.12 to double-check the risk estimate we provide.
  
ChipsMedia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0444

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns094360

Estimated Market Risk

 3.15
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average ChipsMedia 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 ChipsMedia by adding ChipsMedia to a well-diversified portfolio.

ChipsMedia Valuation on September 3, 2024

It is possible to determine the worth of ChipsMedia on a given historical date. On September 3, 2024 ChipsMedia was worth 15190.0 at the beginning of the trading date compared to the closed value of 14880.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ChipsMedia stock. Still, in general, we apply an absolute valuation method to find ChipsMedia'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 ChipsMedia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ChipsMedia's related companies.
 Open High Low Close Volume
  15,620    15,620    15,060    15,200    86,990  
09/03/2024
  15,190    15,400    14,820    14,880    106,758  
  14,360    14,500    13,650    13,700    224,493  
Backtest ChipsMedia  |  ChipsMedia History  |  ChipsMedia Valuation   PreviousNext  
Open Value
15190.0
15,181
Downside
14880.0
Closing Value
15,199
Upside

ChipsMedia Trading Date Momentum on September 3, 2024

On September 04 2024 ChipsMedia was traded for  13,700  at the closing time. The highest price during the trading period was 14,500  and the lowest recorded bid was listed for  13,650 . The volume for the day was 224.5 K. This history from September 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 7.93% . The overall trading delta to the current price is 5.91% .

ChipsMedia Fundamentals Correlations and Trends

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

About ChipsMedia Stock history

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

ChipsMedia Stock Technical Analysis

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

ChipsMedia Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ChipsMedia 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.

ChipsMedia December 1, 2024 Market Strength

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

ChipsMedia Technical and Predictive Indicators

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

When running ChipsMedia's price analysis, check to measure ChipsMedia'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 ChipsMedia is operating at the current time. Most of ChipsMedia's value examination focuses on studying past and present price action to predict the probability of ChipsMedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChipsMedia's price. Additionally, you may evaluate how the addition of ChipsMedia to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios