AssetMark Financial Holdings Price on December 28, 2023
If you're considering investing in AssetMark Stock, it is important to understand the factors that can impact its price. AssetMark Financial secures Sharpe Ratio (or Efficiency) of -0.5, which signifies that the company had a -0.5% return per unit of risk over the last 3 months. AssetMark Financial Holdings exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AssetMark Financial's Mean Deviation of 0.2044, coefficient of variation of 523.88, and Risk Adjusted Performance of 0.1281 to double-check the risk estimate we provide.
AssetMark Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AssetMark |
Sharpe Ratio = -0.5004
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Estimated Market Risk
49.99 actual daily | 96 96% of assets are less volatile |
Expected Return
-25.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.5 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AssetMark Financial 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 AssetMark Financial by adding AssetMark Financial to a well-diversified portfolio.
AssetMark Financial Valuation on December 28, 2023
It is possible to determine the worth of AssetMark Financial on a given historical date. On December 28, 2023 AssetMark was worth 30.25 at the beginning of the trading date compared to the closed value of 30.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AssetMark Financial stock. Still, in general, we apply an absolute valuation method to find AssetMark Financial'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 AssetMark Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AssetMark Financial's related companies.
Open | High | Low | Close | Volume | |
29.97 | 30.36 | 29.87 | 30.35 | 71,168 | |
12/28/2023 | 30.25 | 30.68 | 30.25 | 30.44 | 82,773 |
30.44 | 30.60 | 29.92 | 29.95 | 84,791 |
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AssetMark Financial Trading Date Momentum on December 28, 2023
On December 29 2023 AssetMark Financial Holdings was traded for 29.95 at the closing time. Highest AssetMark Financial's price during the trading hours was 30.60 and the lowest price during the day was 29.92 . The net volume was 84.8 K. The overall trading history on the 29th of December contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.61% . The overall trading delta to current price is 3.52% . |
AssetMark Financial Fundamentals Correlations and Trends
By evaluating AssetMark Financial'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 AssetMark Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AssetMark financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AssetMark Financial Stock history
AssetMark Financial 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 AssetMark is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AssetMark Financial 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 AssetMark Financial stock prices may prove useful in developing a viable investing in AssetMark Financial
AssetMark Financial Holdings, Inc. provides wealth management and technology solutions in the United States. AssetMark Financial Holdings, Inc. operates as a subsidiary of Huatai International Investment Holdings Limited. Assetmark Financial operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 874 people.
AssetMark Financial Stock Technical Analysis
AssetMark Financial 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
AssetMark Financial Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
AssetMark Financial Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
AssetMark Financial November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how AssetMark Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AssetMark Financial shares will generate the highest return on investment. By undertsting and applying AssetMark Financial stock market strength indicators, traders can identify AssetMark Financial Holdings entry and exit signals to maximize returns
AssetMark Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AssetMark Financial's price direction in advance. Along with the technical and fundamental analysis of AssetMark Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AssetMark 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 | 0.1281 | |||
Jensen Alpha | 0.043 | |||
Total Risk Alpha | 0.001 | |||
Sortino Ratio | (0.27) | |||
Treynor Ratio | (4.61) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in AssetMark Stock
If you are still planning to invest in AssetMark Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the AssetMark Financial's history and understand the potential risks before investing.
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