Ssangyong Materials (Korea) Price on December 3, 2024
| 047400 Stock | 2,295 110.00 5.03% |
If you're considering investing in Ssangyong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ssangyong Materials stands at 2,295, as last reported on the 12th of December 2024, with the highest price reaching 2,295 and the lowest price hitting 2,175 during the day. At this point, Ssangyong Materials is very steady. Ssangyong Materials Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0573, which indicates the firm had a 0.0573% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ssangyong Materials Corp, which you can use to evaluate the volatility of the company. Please validate Ssangyong Materials' Semi Deviation of 3.3, risk adjusted performance of 0.0359, and Coefficient Of Variation of 2564.59 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
Ssangyong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ssangyong |
Sharpe Ratio = 0.0573
| Best Portfolio | Best Equity | |||
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| Average Returns | ||||
| Small Returns | 047400 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.36 actual daily | 29 71% 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 Ssangyong Materials 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 Ssangyong Materials by adding it to a well-diversified portfolio.
Ssangyong Materials Valuation on December 3, 2024
It is possible to determine the worth of Ssangyong Materials on a given historical date. On December 3, 2024 Ssangyong was worth 2395.0 at the beginning of the trading date compared to the closed value of 2335.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ssangyong Materials stock. Still, in general, we apply an absolute valuation method to find Ssangyong Materials' 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 Ssangyong Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ssangyong Materials' related companies.
| Open | High | Low | Close | Volume | |
| 2,390 | 2,395 | 2,340 | 2,350 | 400,897 | |
12/03/2024 | 2,395 | 2,405 | 2,330 | 2,335 | 284,896 |
| 2,510 | 2,530 | 2,390 | 2,430 | 1,874,746 |
| Backtest Ssangyong Materials | | | Ssangyong Materials History | | | Ssangyong Materials Valuation | Previous | Next |
Ssangyong Materials Trading Date Momentum on December 3, 2024
| On December 04 2024 Ssangyong Materials Corp was traded for 2,430 at the closing time. The highest price during the trading period was 2,530 and the lowest recorded bid was listed for 2,390 . The volume for the day was 1.9 M. This history from December 4, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.07% . The trading price change to the current price is 6.64% . |
About Ssangyong Materials Stock history
Ssangyong Materials 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 Ssangyong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ssangyong Materials 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 Ssangyong Materials stock prices may prove useful in developing a viable investing in Ssangyong Materials
Ssangyong Materials Stock Technical Analysis
Ssangyong Materials 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
Ssangyong Materials Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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Ssangyong Materials December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Ssangyong Materials stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ssangyong Materials shares will generate the highest return on investment. By undertsting and applying Ssangyong Materials stock market strength indicators, traders can identify Ssangyong Materials Corp entry and exit signals to maximize returns
Ssangyong Materials Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ssangyong Materials' price direction in advance. Along with the technical and fundamental analysis of Ssangyong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ssangyong 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 | 0.0359 | |||
| Jensen Alpha | 0.1387 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 6.0E-4 | |||
| Treynor Ratio | (0.60) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ssangyong Stock analysis
When running Ssangyong Materials' price analysis, check to measure Ssangyong Materials' 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 Ssangyong Materials is operating at the current time. Most of Ssangyong Materials' value examination focuses on studying past and present price action to predict the probability of Ssangyong Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ssangyong Materials' price. Additionally, you may evaluate how the addition of Ssangyong Materials to your portfolios can decrease your overall portfolio volatility.
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