Kontour Medical (China) Price on December 17, 2024

688314 Stock   27.20  0.01  0.04%   
If you're considering investing in Kontour Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kontour Medical stands at 27.20, as last reported on the 4th of January, with the highest price reaching 27.67 and the lowest price hitting 27.20 during the day. Kontour Medical Tech has Sharpe Ratio of -0.0439, which conveys that the firm had a -0.0439% return per unit of risk over the last 3 months. Kontour Medical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kontour Medical's Mean Deviation of 2.16, risk adjusted performance of (0.03), and Standard Deviation of 2.8 to check out the risk estimate we provide.
  
Kontour Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0439

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Estimated Market Risk

 2.8
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Kontour Medical 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 Kontour Medical by adding Kontour Medical to a well-diversified portfolio.

Kontour Medical Valuation on December 17, 2024

It is possible to determine the worth of Kontour Medical on a given historical date. On December 17, 2024 Kontour was worth 30.19 at the beginning of the trading date compared to the closed value of 28.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kontour Medical stock. Still, in general, we apply an absolute valuation method to find Kontour Medical'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 Kontour Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kontour Medical's related companies.
 Open High Low Close Volume
  30.28    30.80    29.92    30.47    708,686  
12/17/2024
  30.19    30.65    28.10    28.38    1,235,862  
  28.50    29.11    28.00    29.05    949,845  
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Open Value
30.19
28.38
Closing Value
38.60
Upside

Kontour Medical Trading Date Momentum on December 17, 2024

On December 18 2024 Kontour Medical Technology was traded for  29.05  at the closing time. The highest price during the trading period was 29.11  and the lowest recorded bid was listed for  28.00 . The volume for the day was 949.8 K. This history from December 18, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.36% . The trading delta at closing time to the current price is 0.56% .

Kontour Medical Tech Fundamentals Correlations and Trends

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

About Kontour Medical Stock history

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

Kontour Medical Stock Technical Analysis

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

Kontour Medical Period Price Range

Low
January 4, 2025
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High

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Kontour Medical Technology cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.

Kontour Medical January 4, 2025 Market Strength

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

Kontour Medical Technical and Predictive Indicators

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

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