Samebest (Taiwan) Price on December 3, 2024

8489 Stock  TWD 32.00  0.35  1.08%   
If you're considering investing in Samebest Stock, it is important to understand the factors that can impact its price. As of today, the current price of Samebest stands at 32.00, as last reported on the 4th of December, with the highest price reaching 33.00 and the lowest price hitting 31.25 during the day. At this stage we consider Samebest Stock to be very steady. Samebest owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Samebest Co, which you can use to evaluate the volatility of the company. Please validate Samebest's Semi Deviation of 0.9484, risk adjusted performance of 0.0864, and Coefficient Of Variation of 937.97 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
  
Samebest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1176

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns8489
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.54
  actual daily
13
87% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Samebest is performing at about 9% 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 Samebest by adding it to a well-diversified portfolio.

Samebest Valuation on December 3, 2024

It is possible to determine the worth of Samebest on a given historical date. On December 3, 2024 Samebest was worth 32.5 at the beginning of the trading date compared to the closed value of 32.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Samebest stock. Still, in general, we apply an absolute valuation method to find Samebest'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 Samebest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Samebest's related companies.
 Open High Low Close Volume
  30.70    32.65    30.65    32.35    472,000  
12/03/2024
  32.50    33.00    31.25    32.00    232,421  
  32.50    33.00    31.25    32.00    0.00  
Backtest Samebest  |  Samebest History  |  Samebest Valuation   PreviousNext  
Open Value
32.5
32.0
Closing Value
37.13
Upside

Samebest Trading Date Momentum on December 3, 2024

On December 04 2024 Samebest Co was traded for  32.00  at the closing time. The highest price during the trading period was 33.00  and the lowest recorded bid was listed for  31.25 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.56% .

Samebest Fundamentals Correlations and Trends

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

About Samebest Stock history

Samebest 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 Samebest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Samebest 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 Samebest stock prices may prove useful in developing a viable investing in Samebest
Samebest Co., Ltd. engages in the research and development of digital cloud curriculum systems primarily in Taiwan. The company was founded in 2006 and is based in New Taipei City, Taiwan. SAMBEST is traded on Taiwan OTC Exchange in Taiwan.

Samebest Stock Technical Analysis

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

Samebest Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Samebest Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.

Samebest December 4, 2024 Market Strength

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

Samebest Technical and Predictive Indicators

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

Additional Tools for Samebest Stock Analysis

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