Sugentech (Korea) Price on November 16, 2023
253840 Stock | KRW 5,100 70.00 1.39% |
If you're considering investing in Sugentech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sugentech stands at 5,100, as last reported on the 29th of December, with the highest price reaching 5,240 and the lowest price hitting 5,000 during the day. Sugentech owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0726, which indicates the firm had a -0.0726% return per unit of risk over the last 3 months. Sugentech exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sugentech's Coefficient Of Variation of (1,440), risk adjusted performance of (0.05), and Variance of 8.44 to confirm the risk estimate we provide.
Sugentech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sugentech |
Sharpe Ratio = -0.0726
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Estimated Market Risk
2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.22 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 Sugentech 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 Sugentech by adding Sugentech to a well-diversified portfolio.
Sugentech Valuation on November 16, 2023
It is possible to determine the worth of Sugentech on a given historical date. On November 16, 2023 Sugentech was worth 6001.24 at the beginning of the trading date compared to the closed value of 6001.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sugentech stock. Still, in general, we apply an absolute valuation method to find Sugentech'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 Sugentech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sugentech's related companies.
Open | High | Low | Close | Volume | |
5,923 | 6,070 | 5,923 | 6,001 | 21,311 | |
11/16/2023 | 6,001 | 6,031 | 5,942 | 6,001 | 11,099 |
6,001 | 6,001 | 5,942 | 5,952 | 11,079 |
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Sugentech Trading Date Momentum on November 16, 2023
On November 17 2023 Sugentech was traded for 5,952 at the closing time. The highest price during the trading period was 6,001 and the lowest recorded bid was listed for 5,942 . The volume for the day was 11.1 K. This history from November 17, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.82% . The trading price change to the current price is 0.98% . |
Sugentech Fundamentals Correlations and Trends
By evaluating Sugentech'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 Sugentech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sugentech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sugentech Stock history
Sugentech 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 Sugentech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sugentech 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 Sugentech stock prices may prove useful in developing a viable investing in Sugentech
Sugentech Inc. develops and sells in-vitro diagnostic systems and products based on biotechnology, information technology, and nanotechnology in South Korea and internationally. Sugentech Inc. was founded in 2011 and is headquartered in Daejeon, South Korea. Sugentech is traded on Korean Securities Dealers Automated Quotations in South Korea.
Sugentech Stock Technical Analysis
Sugentech 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
Sugentech Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Sugentech 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.
Sugentech December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sugentech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sugentech shares will generate the highest return on investment. By undertsting and applying Sugentech stock market strength indicators, traders can identify Sugentech entry and exit signals to maximize returns
Sugentech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sugentech's price direction in advance. Along with the technical and fundamental analysis of Sugentech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sugentech 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 | (0.05) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | 2.31 |
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Complementary Tools for Sugentech Stock analysis
When running Sugentech's price analysis, check to measure Sugentech'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 Sugentech is operating at the current time. Most of Sugentech's value examination focuses on studying past and present price action to predict the probability of Sugentech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sugentech's price. Additionally, you may evaluate how the addition of Sugentech to your portfolios can decrease your overall portfolio volatility.
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