Alton Sports (Korea) Price on September 11, 2024
123750 Stock | KRW 1,481 12.00 0.82% |
If you're considering investing in Alton Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alton Sports stands at 1,481, as last reported on the 30th of November, with the highest price reaching 1,490 and the lowest price hitting 1,463 during the day. Alton Sports CoLtd secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Alton Sports CoLtd exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alton Sports' Risk Adjusted Performance of (0.08), standard deviation of 0.9868, and Mean Deviation of 0.6031 to double-check the risk estimate we provide.
Alton Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alton |
Sharpe Ratio = -0.1506
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Negative Returns | 123750 |
Estimated Market Risk
0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alton Sports 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 Alton Sports by adding Alton Sports to a well-diversified portfolio.
Alton Sports Valuation on September 11, 2024
It is possible to determine the worth of Alton Sports on a given historical date. On September 11, 2024 Alton was worth 1577.0 at the beginning of the trading date compared to the closed value of 1581.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alton Sports stock. Still, in general, we apply an absolute valuation method to find Alton Sports' 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 Alton Sports where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alton Sports' related companies.
Open | High | Low | Close | Volume | |
1,589 | 1,595 | 1,585 | 1,592 | 13,743 | |
09/11/2024 | 1,577 | 1,734 | 1,560 | 1,581 | 199,323 |
1,561 | 1,600 | 1,561 | 1,575 | 23,114 |
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Alton Sports Trading Date Momentum on September 11, 2024
On September 12 2024 Alton Sports CoLtd was traded for 1,575 at the closing time. The highest price during the trading period was 1,600 and the lowest recorded bid was listed for 1,561 . The volume for the day was 23.1 K. This history from September 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.38% . The overall trading delta to the current price is 0.57% . |
Alton Sports CoLtd Fundamentals Correlations and Trends
By evaluating Alton Sports' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alton Sports' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alton financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alton Sports Stock history
Alton Sports 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 Alton is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alton Sports CoLtd 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 Alton Sports stock prices may prove useful in developing a viable investing in Alton Sports
Alton Sports Co., Ltd. manufactures and sells sports and recreation bicycles in South Korea. The company was founded in 1994 and is headquartered in Seongnam, South Korea. Alton Sports is traded on Korean Securities Dealers Automated Quotations in South Korea.
Alton Sports Stock Technical Analysis
Alton Sports 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
Alton Sports Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Alton Sports CoLtd 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.
Alton Sports November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Alton Sports stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alton Sports shares will generate the highest return on investment. By undertsting and applying Alton Sports stock market strength indicators, traders can identify Alton Sports CoLtd entry and exit signals to maximize returns
Alton Sports Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alton Sports' price direction in advance. Along with the technical and fundamental analysis of Alton Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alton 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 | (0.08) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.27) | |||
Treynor Ratio | 1.68 |
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Complementary Tools for Alton Stock analysis
When running Alton Sports' price analysis, check to measure Alton Sports' 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 Alton Sports is operating at the current time. Most of Alton Sports' value examination focuses on studying past and present price action to predict the probability of Alton Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alton Sports' price. Additionally, you may evaluate how the addition of Alton Sports to your portfolios can decrease your overall portfolio volatility.
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