Sungho Electronics (Korea) Price on August 24, 2023

043260 Stock  KRW 1,173  37.00  3.26%   
If you're considering investing in Sungho Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sungho Electronics stands at 1,173, as last reported on the 3rd of January, with the highest price reaching 1,174 and the lowest price hitting 1,127 during the day. Sungho Electronics Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had a -0.2% return per unit of risk over the last 3 months. Sungho Electronics Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sungho Electronics' Variance of 7.84, coefficient of variation of (493.57), and Risk Adjusted Performance of (0.16) to confirm the risk estimate we provide.
  
Sungho Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2026

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns043260

Estimated Market Risk

 2.8
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.57
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.2
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sungho Electronics 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 Sungho Electronics by adding Sungho Electronics to a well-diversified portfolio.

Sungho Electronics Valuation on August 24, 2023

It is possible to determine the worth of Sungho Electronics on a given historical date. On August 24, 2023 Sungho was worth 1666.0 at the beginning of the trading date compared to the closed value of 1686.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sungho Electronics stock. Still, in general, we apply an absolute valuation method to find Sungho Electronics' 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 Sungho Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sungho Electronics' related companies.
 Open High Low Close Volume
  1,680    1,714    1,662    1,666    501,001  
08/24/2023
  1,666    1,750    1,658    1,686    1,980,821  
  1,681    1,713    1,653    1,658    528,327  
Backtest Sungho Electronics  |  Sungho Electronics History  |  Sungho Electronics Valuation   PreviousNext  
Open Value
1666.0
1686.0
Closing Value
1,674
Upside

Sungho Electronics Trading Date Momentum on August 24, 2023

On August 25 2023 Sungho Electronics Corp was traded for  1,658  at the closing time. The highest price during the trading period was 1,713  and the lowest recorded bid was listed for  1,653 . The volume for the day was 528.3 K. This history from August 25, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.66% . The trading price change to the current price is 2.97% .

Sungho Electronics Corp Fundamentals Correlations and Trends

By evaluating Sungho Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sungho Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sungho financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sungho Electronics Stock history

Sungho Electronics 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 Sungho is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sungho Electronics Corp 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 Sungho Electronics stock prices may prove useful in developing a viable investing in Sungho Electronics

Sungho Electronics Stock Technical Analysis

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

Sungho Electronics Period Price Range

Low
January 3, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Sungho Electronics Corp 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.

Sungho Electronics January 3, 2025 Market Strength

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

Sungho Electronics Technical and Predictive Indicators

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

When running Sungho Electronics' price analysis, check to measure Sungho Electronics' 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 Sungho Electronics is operating at the current time. Most of Sungho Electronics' value examination focuses on studying past and present price action to predict the probability of Sungho Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sungho Electronics' price. Additionally, you may evaluate how the addition of Sungho Electronics to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios