Simple Mart (Taiwan) Price on October 29, 2024
| 2945 Stock | 41.20 0.10 0.24% |
If you're considering investing in Simple Stock, it is important to understand the factors that can impact its price. As of today, the current price of Simple Mart stands at 41.20, as last reported on the 12th of December 2024, with the highest price reaching 41.50 and the lowest price hitting 41.15 during the day. Simple Mart Retail owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0126, which indicates the firm had a -0.0126% return per unit of risk over the last 3 months. Simple Mart Retail exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Simple Mart's Risk Adjusted Performance of 4.0E-4, coefficient of variation of (143,227), and Variance of 0.6358 to confirm the risk estimate we provide.
Simple Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Simple |
Sharpe Ratio = -0.0126
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2945 |
Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Simple Mart 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 Simple Mart by adding Simple Mart to a well-diversified portfolio.
Simple Mart Valuation on October 29, 2024
It is possible to determine the worth of Simple Mart on a given historical date. On October 29, 2024 Simple was worth 40.65 at the beginning of the trading date compared to the closed value of 41.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Simple Mart stock. Still, in general, we apply an absolute valuation method to find Simple Mart'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 Simple Mart where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Simple Mart's related companies.
| Open | High | Low | Close | Volume | |
| 41.30 | 41.35 | 41.20 | 41.20 | 8,161 | |
10/29/2024 | 40.65 | 41.10 | 40.65 | 41.10 | 5,000 |
| 41.10 | 41.10 | 40.90 | 40.90 | 3,376 |
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Simple Mart Trading Date Momentum on October 29, 2024
| On October 30 2024 Simple Mart Retail was traded for 40.90 at the closing time. The highest price during the trading period was 41.10 and the lowest recorded bid was listed for 40.90 . The volume for the day was 3.4 K. This history from October 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.49% . The trading price change to the current price is 0.36% . |
Price Boundaries
Simple Mart Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Simple Mart Retail cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan 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.
Simple Mart December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Simple Mart stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Simple Mart shares will generate the highest return on investment. By undertsting and applying Simple Mart stock market strength indicators, traders can identify Simple Mart Retail entry and exit signals to maximize returns
Simple Mart Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Simple Mart's price direction in advance. Along with the technical and fundamental analysis of Simple Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Simple 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 | 4.0E-4 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 0.3209 |
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Additional Tools for Simple Stock Analysis
When running Simple Mart's price analysis, check to measure Simple Mart'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 Simple Mart is operating at the current time. Most of Simple Mart's value examination focuses on studying past and present price action to predict the probability of Simple Mart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simple Mart's price. Additionally, you may evaluate how the addition of Simple Mart to your portfolios can decrease your overall portfolio volatility.