Cube Entertainment (Korea) Price on March 4, 2024

182360 Stock  KRW 16,380  140.00  0.86%   
If you're considering investing in Cube Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cube Entertainment stands at 16,380, as last reported on the 29th of November, with the highest price reaching 16,580 and the lowest price hitting 15,940 during the day. Cube Entertainment appears to be very steady, given 3 months investment horizon. Cube Entertainment secures Sharpe Ratio (or Efficiency) of 0.0813, which signifies that the company had a 0.0813% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Cube Entertainment, which you can use to evaluate the volatility of the firm. Please makes use of Cube Entertainment's risk adjusted performance of 0.0886, and Mean Deviation of 2.11 to double-check if our risk estimates are consistent with your expectations.
  
Cube Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0813

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Estimated Market Risk

 2.88
  actual daily
25
75% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Cube Entertainment is performing at about 6% 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 Cube Entertainment by adding it to a well-diversified portfolio.

Cube Entertainment Valuation on March 4, 2024

It is possible to determine the worth of Cube Entertainment on a given historical date. On March 4, 2024 Cube was worth 15910.0 at the beginning of the trading date compared to the closed value of 15660.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cube Entertainment stock. Still, in general, we apply an absolute valuation method to find Cube Entertainment'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 Cube Entertainment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cube Entertainment's related companies.
 Open High Low Close Volume
  16,200    16,230    15,870    15,900    97,855  
03/04/2024
  15,910    16,130    15,540    15,660    131,896  
  15,660    15,660    15,050    15,270    136,737  
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Open Value
15910.0
15,901
Downside
15660.0
Closing Value
15,919
Upside

Cube Entertainment Trading Date Momentum on March 4, 2024

On March 05 2024 Cube Entertainment was traded for  15,270  at the closing time. The highest price during the trading period was 15,660  and the lowest recorded bid was listed for  15,050 . The volume for the day was 136.7 K. This history from March 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.49% . The overall trading delta to the current price is 0.64% .

Cube Entertainment Fundamentals Correlations and Trends

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

About Cube Entertainment Stock history

Cube Entertainment 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 Cube is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cube Entertainment 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 Cube Entertainment stock prices may prove useful in developing a viable investing in Cube Entertainment
Cube Entertainment Inc. engages in entertainment management business. Cube Entertainment Inc. was incorporated in 2006 and is headquartered in Seoul, South Korea. CUBEENT is traded on Korean Securities Dealers Automated Quotations in South Korea.

Cube Entertainment Stock Technical Analysis

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

Cube Entertainment Period Price Range

Low
November 29, 2024
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High

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Cube Entertainment November 29, 2024 Market Strength

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

Cube Entertainment Technical and Predictive Indicators

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

When running Cube Entertainment's price analysis, check to measure Cube Entertainment'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 Cube Entertainment is operating at the current time. Most of Cube Entertainment's value examination focuses on studying past and present price action to predict the probability of Cube Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cube Entertainment's price. Additionally, you may evaluate how the addition of Cube Entertainment to your portfolios can decrease your overall portfolio volatility.
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