Top Material (Korea) Price on November 21, 2024
| 360070 Stock | 39,700 4,000 11.20% |
If you're considering investing in Top Stock, it is important to understand the factors that can impact its price. As of today, the current price of Top Material stands at 39,700, as last reported on the 20th of February, with the highest price reaching 46,400 and the lowest price hitting 35,150 during the day. Top Material appears to be very steady, given 3 months investment horizon. Top Material owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1 % return per unit of risk over the last 3 months. By inspecting Top Material's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please review Top Material's Semi Deviation of 3.06, risk adjusted performance of 0.0564, and Coefficient Of Variation of 1467.32 to confirm if our risk estimates are consistent with your expectations.
Top Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Top |
Sharpe Ratio = 0.101
| Best Portfolio | Best Equity | |||
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| Small Returns | 360070 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.69 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Top Material is performing at about 7% 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 Top Material by adding it to a well-diversified portfolio.
Top Material Valuation on November 21, 2024
It is possible to determine the worth of Top Material on a given historical date. On November 21, 2024 Top was worth 30250.0 at the beginning of the trading date compared to the closed value of 31150.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Top Material stock. Still, in general, we apply an absolute valuation method to find Top Material'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 Top Material where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Top Material's related companies.
| Open | High | Low | Close | Volume | |
| 30,850 | 34,500 | 29,800 | 30,550 | 135,495 | |
11/21/2024 | 30,250 | 31,550 | 30,000 | 31,150 | 41,458 |
| 31,150 | 32,100 | 31,000 | 31,100 | 20,216 |
| Backtest Top Material | | | Top Material History | Previous | Next |
Top Material Trading Date Momentum on November 21, 2024
| On November 22 2024 Top Material Co was traded for 31,100 at the closing time. The highest price during the trading period was 32,100 and the lowest recorded bid was listed for 31,000 . The volume for the day was 20.2 K. This history from November 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.16% . The trading price change to the current price is 7.22% . |
About Top Material Stock history
Top Material 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 Top is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Top Material 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 Top Material stock prices may prove useful in developing a viable investing in Top Material
Top Material Stock Technical Analysis
Top Material 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
Top Material Period Price Range
Low | February 20, 2025
| High |
0.00 | 0.00 |
Top Material 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.
Top Material February 20, 2025 Market Strength
Market strength indicators help investors to evaluate how Top Material stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Top Material shares will generate the highest return on investment. By undertsting and applying Top Material stock market strength indicators, traders can identify Top Material Co entry and exit signals to maximize returns
Top Material Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Top Material's price direction in advance. Along with the technical and fundamental analysis of Top Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Top 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 | 0.0564 | |||
| Jensen Alpha | 0.3444 | |||
| Total Risk Alpha | 0.2449 | |||
| Sortino Ratio | 0.1043 | |||
| Treynor Ratio | 0.2658 |
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| Volume Indicators |
Complementary Tools for Top Stock analysis
When running Top Material's price analysis, check to measure Top Material'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 Top Material is operating at the current time. Most of Top Material's value examination focuses on studying past and present price action to predict the probability of Top Material's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Top Material's price. Additionally, you may evaluate how the addition of Top Material to your portfolios can decrease your overall portfolio volatility.
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