TOPMATERIAL (Korea) Price on November 5, 2024
| 360070 Stock | 28,700 50.00 0.17% |
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 28,700, as last reported on the 4th of December, with the highest price reaching 29,250 and the lowest price hitting 28,400 during the day. TOPMATERIAL LTD owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% 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 8.55, and Risk Adjusted Performance of (0.12) 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 = -0.146
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 360070 |
Estimated Market Risk
| 2.92 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 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 November 5, 2024
It is possible to determine the worth of TOPMATERIAL on a given historical date. On November 5, 2024 TOPMATERIAL was worth 37700.0 at the beginning of the trading date compared to the closed value of 37450.0. 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 | |
| 34,550 | 38,000 | 34,550 | 38,000 | 54,475 | |
11/05/2024 | 37,700 | 39,000 | 36,450 | 37,450 | 29,628 |
| 38,300 | 38,300 | 35,200 | 35,450 | 26,488 |
| Backtest TOPMATERIAL | | | TOPMATERIAL History | Previous | Next |
TOPMATERIAL Trading Date Momentum on November 5, 2024
| On November 06 2024 TOPMATERIAL LTD was traded for 35,450 at the closing time. The highest price during the trading period was 38,300 and the lowest recorded bid was listed for 35,200 . The volume for the day was 26.5 K. This history from November 6, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.34% . The trading price change to the current price is 20.16% . |
Price Boundaries
TOPMATERIAL Period Price Range
Low | December 4, 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 4, 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 | (0.12) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.90) | |||
| Treynor Ratio | 20.97 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| 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.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |