SIMMTECH (Korea) Price on May 8, 2024

222800 Stock  KRW 11,640  430.00  3.56%   
If you're considering investing in SIMMTECH Stock, it is important to understand the factors that can impact its price. As of today, the current price of SIMMTECH stands at 11,640, as last reported on the 27th of November, with the highest price reaching 12,050 and the lowest price hitting 11,590 during the day. SIMMTECH owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.32, which indicates the firm had a -0.32% return per unit of standard deviation over the last 3 months. SIMMTECH Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SIMMTECH's variance of 7.31, and Risk Adjusted Performance of (0.25) to confirm the risk estimate we provide.
  
SIMMTECH Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.3215

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Estimated Market Risk

 2.8
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.9
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.32
  actual daily
0
Most of other assets perform better
Based on monthly moving average SIMMTECH 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 SIMMTECH by adding SIMMTECH to a well-diversified portfolio.

SIMMTECH Valuation on May 8, 2024

It is possible to determine the worth of SIMMTECH on a given historical date. On May 8, 2024 SIMMTECH was worth 32050.0 at the beginning of the trading date compared to the closed value of 33100.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SIMMTECH stock. Still, in general, we apply an absolute valuation method to find SIMMTECH'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 SIMMTECH where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SIMMTECH's related companies.
 Open High Low Close Volume
  31,950    33,100    31,900    32,450    663,606  
05/08/2024
  32,050    33,150    32,050    33,100    363,775  
  33,100    33,600    32,500    33,350    462,493  
Backtest SIMMTECH  |  SIMMTECH History  |  SIMMTECH Valuation   PreviousNext  
Open Value
32050.0
32,042
Downside
33100.0
Closing Value
32,058
Upside

SIMMTECH Trading Date Momentum on May 8, 2024

On May 09 2024 SIMMTECH Co was traded for  33,350  at the closing time. The highest price during the trading period was 33,600  and the lowest recorded bid was listed for  32,500 . The volume for the day was 462.5 K. This history from May 9, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.76% . The trading price change to the current price is 1.96% .

SIMMTECH Fundamentals Correlations and Trends

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

About SIMMTECH Stock history

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

SIMMTECH Stock Technical Analysis

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

SIMMTECH Period Price Range

Low
November 27, 2024
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High

 0.00 

     

 0.00 

SIMMTECH 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.

SIMMTECH November 27, 2024 Market Strength

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

SIMMTECH Technical and Predictive Indicators

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

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