Seojin Automotive (Korea) Price on November 5, 2024
122690 Stock | KRW 1,968 32.00 1.60% |
If you're considering investing in Seojin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Seojin Automotive stands at 1,968, as last reported on the 4th of December, with the highest price reaching 1,999 and the lowest price hitting 1,900 during the day. Seojin Automotive CoLtd owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of risk over the last 3 months. Seojin Automotive CoLtd exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Seojin Automotive's Coefficient Of Variation of (478.67), risk adjusted performance of (0.15), and Variance of 2.6 to confirm the risk estimate we provide.
Seojin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Seojin |
Sharpe Ratio = -0.1861
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Estimated Market Risk
1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Seojin Automotive 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 Seojin Automotive by adding Seojin Automotive to a well-diversified portfolio.
Seojin Automotive Valuation on November 5, 2024
It is possible to determine the worth of Seojin Automotive on a given historical date. On November 5, 2024 Seojin was worth 2300.0 at the beginning of the trading date compared to the closed value of 2310.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Seojin Automotive stock. Still, in general, we apply an absolute valuation method to find Seojin Automotive'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 Seojin Automotive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Seojin Automotive's related companies.
Open | High | Low | Close | Volume | |
2,290 | 2,310 | 2,285 | 2,300 | 11,101 | |
11/05/2024 | 2,300 | 2,315 | 2,285 | 2,310 | 4,626 |
2,310 | 2,315 | 2,260 | 2,305 | 17,082 |
Backtest Seojin Automotive | | | Seojin Automotive History | | | Seojin Automotive Valuation | Previous | Next |
Seojin Automotive Trading Date Momentum on November 5, 2024
On November 06 2024 Seojin Automotive CoLtd was traded for 2,305 at the closing time. The highest price during the trading period was 2,315 and the lowest recorded bid was listed for 2,260 . The volume for the day was 17.1 K. This history from November 6, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.22% . The trading price change to the current price is 13.55% . |
Seojin Automotive CoLtd Fundamentals Correlations and Trends
By evaluating Seojin Automotive'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 Seojin Automotive's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Seojin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Seojin Automotive Stock history
Seojin Automotive 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 Seojin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Seojin Automotive CoLtd 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 Seojin Automotive stock prices may prove useful in developing a viable investing in Seojin Automotive
,Ltd. produces, supplies, and sells automobile clutches and components. ,Ltd. was founded in 1966 and is based in Siheung, South Korea. SAC is traded on Korean Securities Dealers Automated Quotations in South Korea.
Seojin Automotive Stock Technical Analysis
Seojin Automotive 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
Seojin Automotive Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Seojin Automotive CoLtd 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.
Seojin Automotive December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Seojin Automotive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Seojin Automotive shares will generate the highest return on investment. By undertsting and applying Seojin Automotive stock market strength indicators, traders can identify Seojin Automotive CoLtd entry and exit signals to maximize returns
Seojin Automotive Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Seojin Automotive's price direction in advance. Along with the technical and fundamental analysis of Seojin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Seojin 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 | (0.15) | |||
Jensen Alpha | (0.37) | |||
Total Risk Alpha | (0.56) | |||
Treynor Ratio | (1.74) |
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Complementary Tools for Seojin Stock analysis
When running Seojin Automotive's price analysis, check to measure Seojin Automotive'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 Seojin Automotive is operating at the current time. Most of Seojin Automotive's value examination focuses on studying past and present price action to predict the probability of Seojin Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seojin Automotive's price. Additionally, you may evaluate how the addition of Seojin Automotive to your portfolios can decrease your overall portfolio volatility.
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