Seoam Machinery (Korea) Price on November 7, 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.
Seoam |
Sharpe Ratio = -0.0183
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Negative Returns | 100660 |
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 November 7, 2024
It is possible to determine the worth of Seoam Machinery on a given historical date. On November 7, 2024 Seoam was worth 3960.0 at the beginning of the trading date compared to the closed value of 3920.0. 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 | |
3,845 | 4,075 | 3,810 | 4,020 | 379,399 | |
11/07/2024 | 3,960 | 3,990 | 3,850 | 3,920 | 124,450 |
3,930 | 4,020 | 3,905 | 3,955 | 81,193 |
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Seoam Machinery Trading Date Momentum on November 7, 2024
On November 08 2024 Seoam Machinery Industry was traded for 3,955 at the closing time. The highest price during the trading period was 4,020 and the lowest recorded bid was listed for 3,905 . The volume for the day was 81.2 K. This history from November 8, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.89% . The trading price change to the current price is 1.15% . |
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.
Price Boundaries
Seoam Machinery Period Price Range
Low | December 2, 2024
| 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.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.61) | |||
Treynor Ratio | (0.41) |
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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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