Simple Mart (Taiwan) Price on December 11, 2023

2945 Stock   40.50  0.25  0.61%   
If you're considering investing in Simple Stock, it is important to understand the factors that can impact its price. As of today, the current price of Simple Mart stands at 40.50, as last reported on the 22nd of December, with the highest price reaching 40.60 and the lowest price hitting 40.50 during the day. Simple Mart Retail owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0623, which indicates the firm had a -0.0623% return per unit of risk over the last 3 months. Simple Mart Retail exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Simple Mart's Risk Adjusted Performance of (0.05), standard deviation of 0.7879, and Information Ratio of (0.11) to confirm the risk estimate we provide.
  
Simple Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0623

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Negative Returns2945

Estimated Market Risk

 0.79
  actual daily
7
93% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Simple Mart 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 Simple Mart by adding Simple Mart to a well-diversified portfolio.

Simple Mart Valuation on December 11, 2023

It is possible to determine the worth of Simple Mart on a given historical date. On December 11, 2023 Simple was worth 44.35 at the beginning of the trading date compared to the closed value of 44.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Simple Mart stock. Still, in general, we apply an absolute valuation method to find Simple Mart'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 Simple Mart where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Simple Mart's related companies.
 Open High Low Close Volume
  44.25    45.18    43.67    44.25    31,000  
12/11/2023
  44.35    44.40    44.30    44.35    11,000  
  44.74    45.23    44.74    44.98    27,006  
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Open Value
44.35
44.35
Closing Value
46.72
Upside

Simple Mart Trading Date Momentum on December 11, 2023

On December 12 2023 Simple Mart Retail was traded for  44.98  at the closing time. The highest price during the trading period was 45.23  and the lowest recorded bid was listed for  44.74 . The volume for the day was 27 K. This history from December 12, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 1.42% . The trading price change to the current price is 0.45% .

Price Boundaries

Simple Mart Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Simple Mart Retail cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. 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.

Simple Mart December 22, 2024 Market Strength

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

Simple Mart Technical and Predictive Indicators

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

Additional Tools for Simple Stock Analysis

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