Saigon Machinery (Vietnam) Price on October 7, 2024
| SMA Stock | 11,400 500.00 4.59% |
If you're considering investing in Saigon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Saigon Machinery stands at 11,400, as last reported on the 19th of December, with the highest price reaching 11,400 and the lowest price hitting 11,400 during the day. Saigon Machinery appears to be very steady, given 3 months investment horizon. Saigon Machinery Spare owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Saigon Machinery's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please review Saigon Machinery's Risk Adjusted Performance of 0.067, coefficient of variation of 1347.93, and Semi Deviation of 3.37 to confirm if our risk estimates are consistent with your expectations.
Saigon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Saigon |
Sharpe Ratio = 0.1326
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Estimated Market Risk
| 4.78 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Saigon Machinery is performing at about 10% 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 Saigon Machinery by adding it to a well-diversified portfolio.
Saigon Machinery Valuation on October 7, 2024
It is possible to determine the worth of Saigon Machinery on a given historical date. On October 7, 2024 Saigon was worth 10700.0 at the beginning of the trading date compared to the closed value of 10700.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Saigon Machinery stock. Still, in general, we apply an absolute valuation method to find Saigon Machinery'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 Saigon Machinery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Saigon Machinery's related companies.
| Open | High | Low | Close | Volume | |
10/07/2024 | 10,700 | 10,700 | 10,700 | 10,700 | 1,000.00 |
| 10,200 | 10,200 | 10,200 | 10,200 | 1.00 |
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Saigon Machinery Trading Date Momentum on October 7, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.About Saigon Machinery Stock history
Saigon Machinery 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 Saigon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Saigon Machinery Spare 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 Saigon Machinery stock prices may prove useful in developing a viable investing in Saigon Machinery
Saigon Machinery Stock Technical Analysis
Saigon Machinery 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
Saigon Machinery Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Saigon Machinery Spare cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.
Saigon Machinery December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Saigon Machinery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Saigon Machinery shares will generate the highest return on investment. By undertsting and applying Saigon Machinery stock market strength indicators, traders can identify Saigon Machinery Spare entry and exit signals to maximize returns
Saigon Machinery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Saigon Machinery's price direction in advance. Along with the technical and fundamental analysis of Saigon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Saigon 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 | 0.067 | |||
| Jensen Alpha | 0.2887 | |||
| Total Risk Alpha | 0.1916 | |||
| Sortino Ratio | 0.0466 | |||
| Treynor Ratio | (15.93) |
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Other Information on Investing in Saigon Stock
Saigon Machinery financial ratios help investors to determine whether Saigon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Saigon with respect to the benefits of owning Saigon Machinery security.