Seoam Machinery (Korea) Price on September 20, 2024

100660 Stock  KRW 3,845  95.00  2.41%   
If you're considering investing in Seoam Stock, it is important to understand the factors that can impact its price. As of today, the current price of Seoam Machinery stands at 3,845, as last reported on the 2nd of December, with the highest price reaching 4,015 and the lowest price hitting 3,810 during the day. Seoam Machinery Industry owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0183, which indicates the firm had a -0.0183% return per unit of risk over the last 3 months. Seoam Machinery Industry exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Seoam Machinery's Variance of 9.6, risk adjusted performance of (0.01), and Coefficient Of Variation of (3,788) to confirm the risk estimate we provide.
  
Seoam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0183

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Estimated Market Risk

 3.25
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Seoam Machinery 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 Seoam Machinery by adding Seoam Machinery to a well-diversified portfolio.

Seoam Machinery Valuation on September 20, 2024

It is possible to determine the worth of Seoam Machinery on a given historical date. On September 20, 2024 Seoam was worth 3825.0 at the beginning of the trading date compared to the closed value of 3885.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Seoam Machinery stock. Still, in general, we apply an absolute valuation method to find Seoam 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 Seoam Machinery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Seoam Machinery's related companies.
 Open High Low Close Volume
  3,810    3,880    3,795    3,840    20,772  
09/20/2024
  3,825    3,930    3,825    3,885    36,302  
  3,900    3,905    3,810    3,825    19,459  
Backtest Seoam Machinery  |  Seoam Machinery History  |  Seoam Machinery Valuation   PreviousNext  
Open Value
3825.0
3885.0
Closing Value
3,835
Upside

Seoam Machinery Trading Date Momentum on September 20, 2024

On September 23 2024 Seoam Machinery Industry was traded for  3,825  at the closing time. The highest price during the trading period was 3,905  and the lowest recorded bid was listed for  3,810 . The volume for the day was 19.5 K. This history from September 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.54% . The trading price change to the current price is 6.31% .

Seoam Machinery Industry Fundamentals Correlations and Trends

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

About Seoam Machinery Stock history

Seoam 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 Seoam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Seoam Machinery Industry 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 Seoam Machinery stock prices may prove useful in developing a viable investing in Seoam Machinery
,Ltd. produces, sells, and exports parts for various gears, chucks and cylinders, and curvic couplings in South Korea and internationally. The company was founded in 1978 and is headquartered in Gwangju, South Korea. SMI is traded on Korean Securities Dealers Automated Quotations in South Korea.

Seoam Machinery Stock Technical Analysis

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

Seoam Machinery Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Seoam Machinery Industry 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.

Seoam Machinery December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Seoam 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 Seoam Machinery shares will generate the highest return on investment. By undertsting and applying Seoam Machinery stock market strength indicators, traders can identify Seoam Machinery Industry entry and exit signals to maximize returns

Seoam Machinery Technical and Predictive Indicators

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

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