Sangshin Electronics (Korea) Price on November 29, 2024

263810 Stock   2,920  10.00  0.34%   
If you're considering investing in Sangshin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sangshin Electronics stands at 2,920, as last reported on the 2nd of December, with the highest price reaching 2,945 and the lowest price hitting 2,840 during the day. Sangshin Electronics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0863, which indicates the firm had a -0.0863% return per unit of risk over the last 3 months. Sangshin Electronics Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sangshin Electronics' Coefficient Of Variation of (754.06), variance of 2.96, and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide.
  
Sangshin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0863

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Estimated Market Risk

 1.67
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sangshin Electronics 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 Sangshin Electronics by adding Sangshin Electronics to a well-diversified portfolio.

Sangshin Electronics Valuation on November 29, 2024

It is possible to determine the worth of Sangshin Electronics on a given historical date. On November 29, 2024 Sangshin was worth 2990.0 at the beginning of the trading date compared to the closed value of 2930.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sangshin Electronics stock. Still, in general, we apply an absolute valuation method to find Sangshin Electronics' 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 Sangshin Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sangshin Electronics' related companies.
 Open High Low Close Volume
  2,885    2,960    2,885    2,940    49,793  
11/29/2024
  2,990    3,075    2,895    2,930    97,371  
  2,905    2,945    2,840    2,920    58,429  
Backtest Sangshin Electronics  |  Sangshin Electronics History  |  Sangshin Electronics Valuation   PreviousNext  
Open Value
2990.0
2930.0
Closing Value
2,995
Upside

Sangshin Electronics Trading Date Momentum on November 29, 2024

On December 02 2024 Sangshin Electronics Co was traded for  2,920  at the closing time. The highest price during the trading period was 2,945  and the lowest recorded bid was listed for  2,840 . The volume for the day was 58.4 K. This history from December 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.34% . The trading price change to the current price is 0.85% .

About Sangshin Electronics Stock history

Sangshin Electronics 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 Sangshin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sangshin Electronics 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 Sangshin Electronics stock prices may prove useful in developing a viable investing in Sangshin Electronics

Sangshin Electronics Stock Technical Analysis

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

Sangshin Electronics Period Price Range

Low
December 2, 2024
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High

 0.00 

     

 0.00 

Sangshin Electronics Co cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock Exchange. 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.

Sangshin Electronics December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Sangshin Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sangshin Electronics shares will generate the highest return on investment. By undertsting and applying Sangshin Electronics stock market strength indicators, traders can identify Sangshin Electronics Co entry and exit signals to maximize returns

Sangshin Electronics Technical and Predictive Indicators

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

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