ABOV Semiconductor (Korea) Price on February 29, 2024
102120 Stock | KRW 8,470 10.00 0.12% |
If you're considering investing in ABOV Stock, it is important to understand the factors that can impact its price. As of today, the current price of ABOV Semiconductor stands at 8,470, as last reported on the 27th of November, with the highest price reaching 8,560 and the lowest price hitting 8,360 during the day. ABOV Semiconductor secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the company had a -0.21% return per unit of risk over the last 3 months. ABOV Semiconductor Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ABOV Semiconductor's Variance of 7.63, coefficient of variation of (395.07), and Mean Deviation of 2.26 to double-check the risk estimate we provide.
ABOV Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ABOV |
Sharpe Ratio = -0.2102
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Estimated Market Risk
2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.58 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ABOV Semiconductor 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 ABOV Semiconductor by adding ABOV Semiconductor to a well-diversified portfolio.
ABOV Semiconductor Valuation on February 29, 2024
It is possible to determine the worth of ABOV Semiconductor on a given historical date. On February 29, 2024 ABOV was worth 16560.0 at the beginning of the trading date compared to the closed value of 17060.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABOV Semiconductor stock. Still, in general, we apply an absolute valuation method to find ABOV Semiconductor'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 ABOV Semiconductor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABOV Semiconductor's related companies.
Open | High | Low | Close | Volume | |
18,100 | 18,600 | 17,680 | 17,770 | 958,390 | |
02/29/2024 | 16,560 | 17,500 | 16,460 | 17,060 | 1,493,185 |
17,680 | 18,410 | 17,560 | 18,340 | 1,765,987 |
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ABOV Semiconductor Trading Date Momentum on February 29, 2024
On March 04 2024 ABOV Semiconductor Co was traded for 18,340 at the closing time. The highest price during the trading period was 18,410 and the lowest recorded bid was listed for 17,560 . The volume for the day was 1.8 M. This history from March 4, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 7.50% . The overall trading delta to the current price is 3.58% . |
ABOV Semiconductor Fundamentals Correlations and Trends
By evaluating ABOV Semiconductor'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 ABOV Semiconductor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ABOV financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ABOV Semiconductor Stock history
ABOV Semiconductor 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 ABOV is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ABOV Semiconductor 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 ABOV Semiconductor stock prices may prove useful in developing a viable investing in ABOV Semiconductor
ABOV Semiconductor Co., Ltd. designs, manufactures, and sells microcontrollers and logic devices in South Korea and internationally. ABOV Semiconductor Co., Ltd. was founded in 2006 and is headquartered in Cheongju, South Korea. ABOV is traded on Korean Securities Dealers Automated Quotations in South Korea.
ABOV Semiconductor Stock Technical Analysis
ABOV Semiconductor 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
ABOV Semiconductor Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
ABOV Semiconductor 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.
ABOV Semiconductor November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how ABOV Semiconductor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ABOV Semiconductor shares will generate the highest return on investment. By undertsting and applying ABOV Semiconductor stock market strength indicators, traders can identify ABOV Semiconductor Co entry and exit signals to maximize returns
ABOV Semiconductor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ABOV Semiconductor's price direction in advance. Along with the technical and fundamental analysis of ABOV Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABOV 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 | (0.19) | |||
Jensen Alpha | (0.68) | |||
Total Risk Alpha | (1.14) | |||
Treynor Ratio | 2.69 |
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Complementary Tools for ABOV Stock analysis
When running ABOV Semiconductor's price analysis, check to measure ABOV Semiconductor'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 ABOV Semiconductor is operating at the current time. Most of ABOV Semiconductor's value examination focuses on studying past and present price action to predict the probability of ABOV Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABOV Semiconductor's price. Additionally, you may evaluate how the addition of ABOV Semiconductor to your portfolios can decrease your overall portfolio volatility.
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