Softbank Corp Stock Price on December 17, 2024
SOBKY Stock | USD 12.54 0.06 0.48% |
If you're considering investing in SoftBank Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of SoftBank Corp stands at 12.54, as last reported on the 26th of December, with the highest price reaching 12.60 and the lowest price hitting 12.08 during the day. SoftBank Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0702, which indicates the firm had a -0.0702% return per unit of risk over the last 3 months. SoftBank Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SoftBank Corp's Variance of 1.78, risk adjusted performance of (0.08), and Coefficient Of Variation of (926.65) to confirm the risk estimate we provide.
SoftBank Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
SoftBank |
Sharpe Ratio = -0.0702
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Estimated Market Risk
1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SoftBank Corp 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 SoftBank Corp by adding SoftBank Corp to a well-diversified portfolio.
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SoftBank Corp Valuation on December 17, 2024
It is possible to determine the worth of SoftBank Corp on a given historical date. On December 17, 2024 SoftBank was worth 13.41 at the beginning of the trading date compared to the closed value of 12.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SoftBank Corp pink sheet. Still, in general, we apply an absolute valuation method to find SoftBank Corp'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 SoftBank Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SoftBank Corp's related companies.
Open | High | Low | Close | Volume | |
12.99 | 12.99 | 12.90 | 12.94 | 17,915 | |
12/17/2024 | 13.41 | 13.41 | 12.92 | 12.95 | 105,300 |
12.90 | 12.90 | 12.63 | 12.67 | 68,200 |
Backtest SoftBank Corp | | | SoftBank Corp History | | | SoftBank Corp Valuation | Previous | Next |
SoftBank Corp Trading Date Momentum on December 17, 2024
On December 18 2024 SoftBank Corp was traded for 12.67 at the closing time. The highest daily price throughout the period was 12.90 and the lowest price was 12.63 . The daily volume was 68.2 K. The net trading volume on 12/18/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.16% . The trading price change to current closing price is 5.79% . |
SoftBank Corp Fundamentals Correlations and Trends
By evaluating SoftBank Corp'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 SoftBank Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SoftBank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SoftBank Corp Pink Sheet history
SoftBank Corp 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 SoftBank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SoftBank Corp 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 SoftBank Corp stock prices may prove useful in developing a viable investing in SoftBank Corp
SoftBank Corp Pink Sheet Technical Analysis
SoftBank Corp technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
SoftBank Corp Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
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SoftBank Corp December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how SoftBank Corp pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SoftBank Corp shares will generate the highest return on investment. By undertsting and applying SoftBank Corp pink sheet market strength indicators, traders can identify SoftBank Corp entry and exit signals to maximize returns
SoftBank Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SoftBank Corp's price direction in advance. Along with the technical and fundamental analysis of SoftBank Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of SoftBank 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 | (0.08) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | (5.66) |
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Additional Tools for SoftBank Pink Sheet Analysis
When running SoftBank Corp's price analysis, check to measure SoftBank Corp'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 SoftBank Corp is operating at the current time. Most of SoftBank Corp's value examination focuses on studying past and present price action to predict the probability of SoftBank Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SoftBank Corp's price. Additionally, you may evaluate how the addition of SoftBank Corp to your portfolios can decrease your overall portfolio volatility.