Song Hong (Vietnam) Price on June 7, 2024
| ICG Stock | 7,400 300.00 3.90% |
If you're considering investing in Song Stock, it is important to understand the factors that can impact its price. As of today, the current price of Song Hong stands at 7,400, as last reported on the 16th of December 2024, with the highest price reaching 7,400 and the lowest price hitting 7,400 during the day. As of now, Song Stock is very steady. Song Hong Construction owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0268, which indicates the firm had a 0.0268% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Song Hong Construction, which you can use to evaluate the volatility of the company. Please validate Song Hong's Risk Adjusted Performance of 0.038, coefficient of variation of 2400.07, and Semi Deviation of 3.06 to confirm if the risk estimate we provide is consistent with the expected return of 0.0965%.
Song Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Song |
Sharpe Ratio = 0.0268
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| Cash | Small Risk | Average Risk | ICG | Huge Risk |
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Estimated Market Risk
| 3.6 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Song Hong is performing at about 2% of its full potential. 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 Song Hong by adding it to a well-diversified portfolio.
Song Hong Valuation on June 7, 2024
It is possible to determine the worth of Song Hong on a given historical date. On June 7, 2024 Song was worth 7193.42 at the beginning of the trading date compared to the closed value of 7567.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Song Hong stock. Still, in general, we apply an absolute valuation method to find Song Hong'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 Song Hong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Song Hong's related companies.
| Open | High | Low | Close | Volume | |
| 7,380 | 7,754 | 7,007 | 7,567 | 10,454 | |
06/07/2024 | 7,193 | 7,754 | 7,193 | 7,567 | 2,000 |
| 7,287 | 7,567 | 7,287 | 7,567 | 18,700 |
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Song Hong Trading Date Momentum on June 7, 2024
| On June 10 2024 Song Hong Construction was traded for 7,567 at the closing time. The maximum traded price for the trading interval was 7,567 and the lowest daily price was 7,287 . The daily volume was recorded at 18.7 K. The volume of trading on 10th of June 2024 did not result in any price rise and fall. The trading price change to the closing price today is 3.70% . |
About Song Hong Stock history
Song Hong 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 Song is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Song Hong Construction 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 Song Hong stock prices may prove useful in developing a viable investing in Song Hong
Song Hong Stock Technical Analysis
Song Hong 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
Song Hong Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Song Hong Construction cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.
Song Hong December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Song Hong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Song Hong shares will generate the highest return on investment. By undertsting and applying Song Hong stock market strength indicators, traders can identify Song Hong Construction entry and exit signals to maximize returns
Song Hong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Song Hong's price direction in advance. Along with the technical and fundamental analysis of Song Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Song 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 | 0.038 | |||
| Jensen Alpha | 0.1289 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0081 | |||
| Treynor Ratio | (2.42) |
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| Volume Indicators |
Other Information on Investing in Song Stock
Song Hong financial ratios help investors to determine whether Song Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Song with respect to the benefits of owning Song Hong security.