Snet Systems (Korea) Price on November 15, 2024
038680 Stock | KRW 4,185 235.00 5.95% |
If you're considering investing in Snet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Snet Systems stands at 4,185, as last reported on the 3rd of January, with the highest price reaching 4,190 and the lowest price hitting 3,905 during the day. At this point, Snet Systems is very steady. Snet systems owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0602, which indicates the firm had a 0.0602% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Snet systems, which you can use to evaluate the volatility of the company. Please validate Snet Systems' Semi Deviation of 1.94, risk adjusted performance of 0.054, and Coefficient Of Variation of 1729.2 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
Snet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Snet |
Sharpe Ratio = 0.0602
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Estimated Market Risk
3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Snet Systems is performing at about 4% 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 Snet Systems by adding it to a well-diversified portfolio.
Snet Systems Valuation on November 15, 2024
It is possible to determine the worth of Snet Systems on a given historical date. On November 15, 2024 Snet was worth 3414.65 at the beginning of the trading date compared to the closed value of 3506.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Snet Systems stock. Still, in general, we apply an absolute valuation method to find Snet Systems' 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 Snet Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Snet Systems' related companies.
Open | High | Low | Close | Volume | |
3,468 | 3,487 | 3,395 | 3,410 | 26,693 | |
11/15/2024 | 3,415 | 3,516 | 3,279 | 3,507 | 23,336 |
3,512 | 3,599 | 3,420 | 3,584 | 49,399 |
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Snet Systems Trading Date Momentum on November 15, 2024
On November 18 2024 Snet systems was traded for 3,584 at the closing time. The highest price during the trading period was 3,599 and the lowest recorded bid was listed for 3,420 . The volume for the day was 49.4 K. This history from November 18, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.21% . The trading price change to the current price is 3.31% . |
Snet systems Fundamentals Correlations and Trends
By evaluating Snet Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Snet Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Snet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Snet Systems Stock history
Snet Systems 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 Snet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Snet systems 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 Snet Systems stock prices may prove useful in developing a viable investing in Snet Systems
Snet Systems Stock Technical Analysis
Snet Systems 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
Snet Systems Period Price Range
Low | January 3, 2025
| High |
0.00 | 0.00 |
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Snet Systems January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Snet Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Snet Systems shares will generate the highest return on investment. By undertsting and applying Snet Systems stock market strength indicators, traders can identify Snet systems entry and exit signals to maximize returns
Snet Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Snet Systems' price direction in advance. Along with the technical and fundamental analysis of Snet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Snet 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 | 0.054 | |||
Jensen Alpha | 0.1695 | |||
Total Risk Alpha | 0.1634 | |||
Sortino Ratio | 0.0733 | |||
Treynor Ratio | 1.53 |
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Complementary Tools for Snet Stock analysis
When running Snet Systems' price analysis, check to measure Snet Systems' 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 Snet Systems is operating at the current time. Most of Snet Systems' value examination focuses on studying past and present price action to predict the probability of Snet Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snet Systems' price. Additionally, you may evaluate how the addition of Snet Systems to your portfolios can decrease your overall portfolio volatility.
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