Saigon Beer (Vietnam) Price on October 31, 2024
| SAB Stock | 55,400 100.00 0.18% |
If you're considering investing in Saigon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Saigon Beer stands at 55,400, as last reported on the 23rd of November, with the highest price reaching 56,500 and the lowest price hitting 54,800 during the day. Saigon Beer Alcohol owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0407, which indicates the firm had a -0.0407% return per unit of risk over the last 3 months. Saigon Beer Alcohol exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Saigon Beer's Risk Adjusted Performance of (0.05), variance of 0.6455, and Coefficient Of Variation of (1,589) to confirm the risk estimate we provide.
Saigon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Saigon |
Sharpe Ratio = -0.0407
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Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Saigon Beer 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 Saigon Beer by adding Saigon Beer to a well-diversified portfolio.
Saigon Beer Valuation on October 31, 2024
It is possible to determine the worth of Saigon Beer on a given historical date. On October 31, 2024 Saigon was worth 55300.0 at the beginning of the trading date compared to the closed value of 55200.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Saigon Beer stock. Still, in general, we apply an absolute valuation method to find Saigon Beer'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 Saigon Beer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Saigon Beer's related companies.
| Open | High | Low | Close | Volume | |
| 55,400 | 55,900 | 55,100 | 55,200 | 357,300 | |
10/31/2024 | 55,300 | 56,200 | 55,200 | 55,200 | 621,300 |
| 55,200 | 56,100 | 55,200 | 55,300 | 436,900 |
| Backtest Saigon Beer | | | Saigon Beer History | | | Saigon Beer Valuation | Previous | Next |
Saigon Beer Trading Date Momentum on October 31, 2024
| On November 01 2024 Saigon Beer Alcohol was traded for 55,300 at the closing time. The maximum traded price for the trading interval was 56,100 and the lowest daily price was 55,200 . The daily volume was recorded at 436.9 K. The volume of trading on 1st of November 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 0.18% . The trading price change to the closing price today is 0.18% . |
About Saigon Beer Stock history
Saigon Beer 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 Saigon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Saigon Beer Alcohol 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 Saigon Beer stock prices may prove useful in developing a viable investing in Saigon Beer
Saigon Beer Stock Technical Analysis
Saigon Beer 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
Saigon Beer Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Saigon Beer Alcohol cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.
Saigon Beer November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Saigon Beer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Saigon Beer shares will generate the highest return on investment. By undertsting and applying Saigon Beer stock market strength indicators, traders can identify Saigon Beer Alcohol entry and exit signals to maximize returns
Saigon Beer Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Saigon Beer's price direction in advance. Along with the technical and fundamental analysis of Saigon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Saigon 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 | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.48) |
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Other Information on Investing in Saigon Stock
Saigon Beer financial ratios help investors to determine whether Saigon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Saigon with respect to the benefits of owning Saigon Beer security.