Kuke Music Holding Stock Price on October 11, 2024

KUKE Stock  USD 0.34  0.02  5.56%   
If you're considering investing in Kuke Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kuke Music stands at 0.34, as last reported on the 24th of November, with the highest price reaching 0.36 and the lowest price hitting 0.30 during the day. Kuke Music Holding has Sharpe Ratio of -0.0809, which conveys that the firm had a -0.0809% return per unit of risk over the last 3 months. Kuke Music exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kuke Music's Standard Deviation of 13.09, mean deviation of 9.08, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide.
  
At present, Kuke Music's Sale Purchase Of Stock is projected to decrease significantly based on the last few years of reporting. . As of November 24, 2024, Price To Sales Ratio is expected to decline to 2.03. In addition to that, Price Earnings Ratio is expected to decline to -3.67. Kuke Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0809

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Estimated Market Risk

 13.18
  actual daily
96
96% of assets are less volatile

Expected Return

 -1.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Kuke Music 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 Kuke Music by adding Kuke Music to a well-diversified portfolio.
Price Book
2.3546
Enterprise Value Ebitda
(0.09)
Price Sales
0.1574
Shares Float
13 M
Earnings Share
(0.28)

Related Headline

Madison Square Headline on 11th of October 2024

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Kuke Music Valuation on October 11, 2024

It is possible to determine the worth of Kuke Music on a given historical date. On October 11, 2024 Kuke was worth 0.8 at the beginning of the trading date compared to the closed value of 0.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kuke Music stock. Still, in general, we apply an absolute valuation method to find Kuke Music'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 Kuke Music where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kuke Music's related companies.
 Open High Low Close Volume
  0.77    0.88    0.71    0.74    1,319,711  
10/11/2024
  0.80    0.82    0.72    0.78    3,375,212  
  0.77    0.86    0.75    0.86    195,682  
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Open Value
0.8
0.78
Closing Value
40.33
Upside

Kuke Music Trading Date Momentum on October 11, 2024

On October 14 2024 Kuke Music Holding was traded for  0.86  at the closing time. The top price for the day was 0.86  and the lowest listed price was  0.75 . The trading volume for the day was 195.7 K. The trading history from October 14, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 10.26% . The trading delta at closing time against the current closing price is 5.13% .

Kuke Music Holding Fundamentals Correlations and Trends

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

About Kuke Music Stock history

Kuke Music 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 Kuke is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kuke Music Holding 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 Kuke Music stock prices may prove useful in developing a viable investing in Kuke Music
Last ReportedProjected for Next Year
Common Stock Shares Outstanding31.2 M31.2 M
Net Loss-804.8 M-764.6 M

Kuke Music Stock Technical Analysis

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

Kuke Music Period Price Range

Low
November 24, 2024
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Kuke Music Holding 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.

Kuke Music November 24, 2024 Market Strength

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

Kuke Music Technical and Predictive Indicators

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

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