Spolytech (Korea) Price on September 26, 2024

050760 Stock  KRW 1,419  82.00  6.13%   
If you're considering investing in Spolytech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spolytech stands at 1,419, as last reported on the 12th of December 2024, with the highest price reaching 1,419 and the lowest price hitting 1,337 during the day. Spolytech owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Spolytech Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spolytech's Risk Adjusted Performance of (0.07), variance of 4.01, and Coefficient Of Variation of (939.34) to confirm the risk estimate we provide.
  
Spolytech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1117

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Estimated Market Risk

 2.11
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Spolytech 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 Spolytech by adding Spolytech to a well-diversified portfolio.

Spolytech Valuation on September 26, 2024

It is possible to determine the worth of Spolytech on a given historical date. On September 26, 2024 Spolytech was worth 1676.0 at the beginning of the trading date compared to the closed value of 1637.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spolytech stock. Still, in general, we apply an absolute valuation method to find Spolytech'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 Spolytech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spolytech's related companies.
 Open High Low Close Volume
  1,659    1,680    1,648    1,676    10,428  
09/26/2024
  1,676    1,686    1,637    1,637    23,993  
  1,644    1,650    1,610    1,618    46,154  
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Open Value
1676.0
1637.0
Closing Value
1,682
Upside

Spolytech Trading Date Momentum on September 26, 2024

On September 27 2024 Spolytech Co was traded for  1,618  at the closing time. The highest price during the trading period was 1,650  and the lowest recorded bid was listed for  1,610 . The volume for the day was 46.2 K. This history from September 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.16% . The trading price change to the current price is 1.47% .

Spolytech Fundamentals Correlations and Trends

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

About Spolytech Stock history

Spolytech 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 Spolytech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spolytech 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 Spolytech stock prices may prove useful in developing a viable investing in Spolytech
Spolytech Co., Ltd. manufactures and sells engineering plastic sheets and films in South Korea. Spolytech Co., Ltd. was founded in 1996 and is based in Jincheon-eup, South Korea. S Polytech is traded on Korean Securities Dealers Automated Quotations in South Korea.

Spolytech Stock Technical Analysis

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

Spolytech Period Price Range

Low
December 12, 2024
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Spolytech 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.

Spolytech December 12, 2024 Market Strength

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

Spolytech Technical and Predictive Indicators

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

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