SK Chemicals (Korea) Price on September 30, 2024
285130 Stock | 42,600 50.00 0.12% |
If you're considering investing in 285130 Stock, it is important to understand the factors that can impact its price. As of today, the current price of SK Chemicals stands at 42,600, as last reported on the 27th of November, with the highest price reaching 42,700 and the lowest price hitting 42,000 during the day. SK Chemicals retains Efficiency (Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of price deviation over the last 3 months. SK Chemicals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SK Chemicals' Risk Adjusted Performance of (0.09), standard deviation of 1.9, and Mean Deviation of 1.45 to confirm the risk estimate we provide.
285130 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
285130 |
Sharpe Ratio = -0.1227
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Estimated Market Risk
1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SK Chemicals 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 SK Chemicals by adding SK Chemicals to a well-diversified portfolio.
SK Chemicals Valuation on September 30, 2024
It is possible to determine the worth of SK Chemicals on a given historical date. On September 30, 2024 285130 was worth 51900.0 at the beginning of the trading date compared to the closed value of 51000.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SK Chemicals stock. Still, in general, we apply an absolute valuation method to find SK Chemicals' 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 SK Chemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SK Chemicals' related companies.
Open | High | Low | Close | Volume | |
51,300 | 51,900 | 51,000 | 51,100 | 21,522 | |
09/30/2024 | 51,900 | 52,000 | 50,800 | 51,000 | 32,079 |
50,400 | 51,900 | 49,750 | 50,600 | 31,186 |
Backtest SK Chemicals | | | SK Chemicals History | | | SK Chemicals Valuation | Previous | Next |
SK Chemicals Trading Date Momentum on September 30, 2024
On October 02 2024 SK Chemicals Co was traded for 50,600 at the closing time. The highest price during the trading period was 51,900 and the lowest recorded bid was listed for 49,750 . The volume for the day was 31.2 K. This history from October 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.78% . The trading price change to the current price is 0.00% . |
SK Chemicals Fundamentals Correlations and Trends
By evaluating SK Chemicals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SK Chemicals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 285130 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SK Chemicals Stock history
SK Chemicals 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 285130 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SK Chemicals 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 SK Chemicals stock prices may prove useful in developing a viable investing in SK Chemicals
SK Chemicals Stock Technical Analysis
SK Chemicals 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
SK Chemicals Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
SK Chemicals Co cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock Exchange. 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.
SK Chemicals November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how SK Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SK Chemicals shares will generate the highest return on investment. By undertsting and applying SK Chemicals stock market strength indicators, traders can identify SK Chemicals Co entry and exit signals to maximize returns
SK Chemicals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SK Chemicals' price direction in advance. Along with the technical and fundamental analysis of 285130 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 285130 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 | (0.09) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.55) | |||
Treynor Ratio | 1.53 |
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Complementary Tools for 285130 Stock analysis
When running SK Chemicals' price analysis, check to measure SK Chemicals' 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 SK Chemicals is operating at the current time. Most of SK Chemicals' value examination focuses on studying past and present price action to predict the probability of SK Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SK Chemicals' price. Additionally, you may evaluate how the addition of SK Chemicals to your portfolios can decrease your overall portfolio volatility.
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