Samick Musical (Korea) Price on September 27, 2023
| 002450 Stock | 1,104 4.00 0.36% |
If you're considering investing in Samick Stock, it is important to understand the factors that can impact its price. As of today, the current price of Samick Musical stands at 1,104, as last reported on the 4th of December, with the highest price reaching 1,108 and the lowest price hitting 1,100 during the day. At this point, Samick Musical is very steady. Samick Musical Instr owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for Samick Musical Instruments, which you can use to evaluate the volatility of the company. Please validate Samick Musical's Risk Adjusted Performance of 0.0995, semi deviation of 0.3855, and Coefficient Of Variation of 736.11 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
Samick Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Samick |
Sharpe Ratio = 0.1858
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | 002450 | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Samick Musical is performing at about 14% 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 Samick Musical by adding it to a well-diversified portfolio.
Samick Musical Valuation on September 27, 2023
It is possible to determine the worth of Samick Musical on a given historical date. On September 27, 2023 Samick was worth 1055.45 at the beginning of the trading date compared to the closed value of 1047.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Samick Musical stock. Still, in general, we apply an absolute valuation method to find Samick Musical'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 Samick Musical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Samick Musical's related companies.
| Open | High | Low | Close | Volume | |
| 1,046 | 1,079 | 1,036 | 1,046 | 81,223 | |
09/27/2023 | 1,055 | 1,055 | 1,040 | 1,048 | 34,765 |
| 1,048 | 1,054 | 1,033 | 1,045 | 15,197 |
| Backtest Samick Musical | | | Samick Musical History | | | Samick Musical Valuation | Previous | Next |
Samick Musical Trading Date Momentum on September 27, 2023
| On October 04 2023 Samick Musical Instruments was traded for 1,045 at the closing time. The highest price during the trading period was 1,054 and the lowest recorded bid was listed for 1,033 . The volume for the day was 15.2 K. This history from October 4, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.27% . The trading price change to the current price is 0.09% . |
About Samick Musical Stock history
Samick Musical 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 Samick is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Samick Musical Instr 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 Samick Musical stock prices may prove useful in developing a viable investing in Samick Musical
Samick Musical Stock Technical Analysis
Samick Musical 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
Samick Musical Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Samick Musical Instruments cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. 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.
Samick Musical December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Samick Musical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Samick Musical shares will generate the highest return on investment. By undertsting and applying Samick Musical stock market strength indicators, traders can identify Samick Musical Instruments entry and exit signals to maximize returns
Samick Musical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Samick Musical's price direction in advance. Along with the technical and fundamental analysis of Samick Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Samick 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 | 0.0995 | |||
| Jensen Alpha | 0.0581 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 1.29 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Samick Stock analysis
When running Samick Musical's price analysis, check to measure Samick Musical'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 Samick Musical is operating at the current time. Most of Samick Musical's value examination focuses on studying past and present price action to predict the probability of Samick Musical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Samick Musical's price. Additionally, you may evaluate how the addition of Samick Musical to your portfolios can decrease your overall portfolio volatility.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |