System (Korea) Price on November 14, 2024
| 060540 Stock | KRW 1,556 109.00 6.55% |
If you're considering investing in System Stock, it is important to understand the factors that can impact its price. As of today, the current price of System stands at 1,556, as last reported on the 13th of December 2024, with the highest price reaching 1,680 and the lowest price hitting 1,514 during the day. At this point, System is very steady. System and Application owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0257, which indicates the firm had a 0.0257% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for System and Application, which you can use to evaluate the volatility of the company. Please validate System's Coefficient Of Variation of (18,050), risk adjusted performance of 0.0039, and Variance of 12.44 to confirm if the risk estimate we provide is consistent with the expected return of 0.0952%.
System Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
System |
Sharpe Ratio = 0.0257
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | 060540 | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.7 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average System is performing at about 2% 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 System by adding it to a well-diversified portfolio.
System Valuation on November 14, 2024
It is possible to determine the worth of System on a given historical date. On November 14, 2024 System was worth 1320.0 at the beginning of the trading date compared to the closed value of 1296.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of System stock. Still, in general, we apply an absolute valuation method to find System'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 System where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against System's related companies.
| Open | High | Low | Close | Volume | |
| 1,346 | 1,358 | 1,320 | 1,320 | 103,699 | |
11/14/2024 | 1,320 | 1,345 | 1,296 | 1,296 | 55,450 |
| 1,295 | 1,350 | 1,295 | 1,315 | 14,251 |
| Backtest System | | | System History | | | System Valuation | Previous | Next |
System Trading Date Momentum on November 14, 2024
| On November 15 2024 System and Application was traded for 1,315 at the closing time. The highest price during the trading period was 1,350 and the lowest recorded bid was listed for 1,295 . The volume for the day was 14.3 K. This history from November 15, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.47% . The trading price change to the current price is 9.57% . |
System and Application Fundamentals Correlations and Trends
By evaluating System'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 System's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. System financial account trend analysis is a perfect complement when working with valuation or volatility modules.About System Stock history
System 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 System is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in System and Application 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 System stock prices may prove useful in developing a viable investing in System
System Stock Technical Analysis
System 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
System Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
System and Application 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.
System December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how System stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading System shares will generate the highest return on investment. By undertsting and applying System stock market strength indicators, traders can identify System and Application entry and exit signals to maximize returns
System Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for System's price direction in advance. Along with the technical and fundamental analysis of System Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of System 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 | 0.0039 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.77) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for System Stock analysis
When running System's price analysis, check to measure System'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 System is operating at the current time. Most of System's value examination focuses on studying past and present price action to predict the probability of System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move System's price. Additionally, you may evaluate how the addition of System to your portfolios can decrease your overall portfolio volatility.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| CEOs Directory Screen CEOs from public companies around the world |