TOPMATERIAL (Korea) Price on October 8, 2024
| 360070 Stock | 27,700 1,550 5.93% |
If you're considering investing in TOPMATERIAL Stock, it is important to understand the factors that can impact its price. As of today, the current price of TOPMATERIAL stands at 27,700, as last reported on the 11th of December 2024, with the highest price reaching 27,900 and the lowest price hitting 25,900 during the day. TOPMATERIAL LTD owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the firm had a -0.18% return per unit of standard deviation over the last 3 months. TOPMATERIAL LTD exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TOPMATERIAL's variance of 10.06, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide.
TOPMATERIAL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TOPMATERIAL |
Sharpe Ratio = -0.1773
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| Negative Returns | 360070 |
Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.55 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TOPMATERIAL 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 TOPMATERIAL by adding TOPMATERIAL to a well-diversified portfolio.
TOPMATERIAL Valuation on October 8, 2024
It is possible to determine the worth of TOPMATERIAL on a given historical date. On October 8, 2024 TOPMATERIAL was worth 41250.0 at the beginning of the trading date compared to the closed value of 42000.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TOPMATERIAL stock. Still, in general, we apply an absolute valuation method to find TOPMATERIAL'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 TOPMATERIAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TOPMATERIAL's related companies.
| Open | High | Low | Close | Volume | |
| 39,700 | 42,500 | 39,700 | 41,900 | 63,356 | |
10/08/2024 | 41,250 | 45,300 | 40,700 | 42,000 | 86,059 |
| 42,600 | 42,900 | 40,550 | 40,550 | 41,648 |
| Backtest TOPMATERIAL | | | TOPMATERIAL History | Previous | Next |
TOPMATERIAL Trading Date Momentum on October 8, 2024
| On October 10 2024 TOPMATERIAL LTD was traded for 40,550 at the closing time. The highest price during the trading period was 42,900 and the lowest recorded bid was listed for 40,550 . The volume for the day was 41.6 K. This history from October 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.45% . The trading price change to the current price is 13.57% . |
Price Boundaries
TOPMATERIAL Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
TOPMATERIAL LTD 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.
TOPMATERIAL December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how TOPMATERIAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TOPMATERIAL shares will generate the highest return on investment. By undertsting and applying TOPMATERIAL stock market strength indicators, traders can identify TOPMATERIAL LTD entry and exit signals to maximize returns
TOPMATERIAL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TOPMATERIAL's price direction in advance. Along with the technical and fundamental analysis of TOPMATERIAL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TOPMATERIAL 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 | (0.11) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | 1.82 |
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| Volume Indicators |
Complementary Tools for TOPMATERIAL Stock analysis
When running TOPMATERIAL's price analysis, check to measure TOPMATERIAL'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 TOPMATERIAL is operating at the current time. Most of TOPMATERIAL's value examination focuses on studying past and present price action to predict the probability of TOPMATERIAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOPMATERIAL's price. Additionally, you may evaluate how the addition of TOPMATERIAL to your portfolios can decrease your overall portfolio volatility.
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