Sungwoo Hitech (Korea) Price on November 19, 2024

015750 Stock  KRW 5,060  80.00  1.56%   
If you're considering investing in Sungwoo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sungwoo Hitech stands at 5,060, as last reported on the 7th of January, with the highest price reaching 5,200 and the lowest price hitting 5,050 during the day. Sungwoo Hitech owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. Sungwoo Hitech Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sungwoo Hitech's Risk Adjusted Performance of (0.12), coefficient of variation of (619.06), and Variance of 4.87 to confirm the risk estimate we provide.
  
Sungwoo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1545

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Estimated Market Risk

 2.28
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.35
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sungwoo Hitech 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 Sungwoo Hitech by adding Sungwoo Hitech to a well-diversified portfolio.

Sungwoo Hitech Valuation on November 19, 2024

It is possible to determine the worth of Sungwoo Hitech on a given historical date. On November 19, 2024 Sungwoo was worth 5475.09 at the beginning of the trading date compared to the closed value of 5591.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sungwoo Hitech stock. Still, in general, we apply an absolute valuation method to find Sungwoo Hitech'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 Sungwoo Hitech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sungwoo Hitech's related companies.
 Open High Low Close Volume
  5,339    5,582    5,320    5,524    243,167  
11/19/2024
  5,475    5,611    5,427    5,592    252,364  
  5,553    5,669    5,533    5,582    125,310  
Backtest Sungwoo Hitech  |  Sungwoo Hitech History  |  Sungwoo Hitech Valuation   PreviousNext  
Open Value
5475.09
5591.58
Closing Value
5,482
Upside

Sungwoo Hitech Trading Date Momentum on November 19, 2024

On November 20 2024 Sungwoo Hitech Co was traded for  5,582  at the closing time. The highest price during the trading period was 5,669  and the lowest recorded bid was listed for  5,533 . The volume for the day was 125.3 K. This history from November 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.17% . The trading price change to the current price is 5.73% .

Sungwoo Hitech Fundamentals Correlations and Trends

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

About Sungwoo Hitech Stock history

Sungwoo Hitech 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 Sungwoo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sungwoo Hitech 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 Sungwoo Hitech stock prices may prove useful in developing a viable investing in Sungwoo Hitech
Sungwoo Hitech Co., Ltd. manufactures and sells automobile components in South Korea, China, India, Russia, the Czech Republic, Slovakia, Uzbekistan, Germany, Mexico, and the United States. Sungwoo Hitech Co., Ltd. was founded in 1977 and is headquartered in Busan, South Korea. SW HITECH is traded on Korean Securities Dealers Automated Quotations in South Korea.

Sungwoo Hitech Stock Technical Analysis

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

Sungwoo Hitech Period Price Range

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January 7, 2025
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Sungwoo Hitech Co 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.

Sungwoo Hitech January 7, 2025 Market Strength

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

Sungwoo Hitech Technical and Predictive Indicators

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

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