Kuke Music Holding Stock Price on November 4, 2024

KUKE Stock  USD 0.35  0.04  10.26%   
If you're considering investing in Kuke Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kuke Music stands at 0.35, as last reported on the 11th of December 2024, with the highest price reaching 0.36 and the lowest price hitting 0.35 during the day. Kuke Music Holding has Sharpe Ratio of -0.0519, which conveys that the firm had a -0.0519% return per unit of risk over the last 3 months. Kuke Music exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kuke Music's Risk Adjusted Performance of (0.05), standard deviation of 13.51, and Mean Deviation of 9.78 to check out the risk estimate we provide.
  
At present, Kuke Music's Sale Purchase Of Stock is projected to decrease significantly based on the last few years of reporting. . As of December 11, 2024, Price To Sales Ratio is expected to decline to 2.03. In addition to that, Price Earnings Ratio is expected to decline to -3.67. Kuke Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0519

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsKUKE

Estimated Market Risk

 12.79
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.66
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Kuke Music 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 Kuke Music by adding Kuke Music to a well-diversified portfolio.
Price Book
2.6828
Enterprise Value Ebitda
(0.09)
Price Sales
0.1778
Shares Float
13 M
Earnings Share
(0.28)

Kuke Music Main Headline on 4th of November 2024

Beijing, Nov. 04, 2024 -- Kuke Music Holding Limited , a leading classical music service platform in China, today announced that Ms. Li Sun has resigned from her position as President of the Company with effect from July 23, 2024. Ms. Suns resignation was not a result of any disagreement between Ms. Sun and the Company on any matter relating to the Companys operations, accounting policies, or practices. The Company expresses its sincere gr

Kuke Music Valuation on November 4, 2024

It is possible to determine the worth of Kuke Music on a given historical date. On November 4, 2024 Kuke was worth 0.56 at the beginning of the trading date compared to the closed value of 0.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kuke Music stock. Still, in general, we apply an absolute valuation method to find Kuke Music'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 Kuke Music where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kuke Music's related companies.
 Open High Low Close Volume
  0.65    0.74    0.57    0.60    662,313  
11/04/2024
  0.56    0.58    0.34    0.38    2,206,238  
  0.40    0.44    0.40    0.41    729,062  
Backtest Kuke Music  |  Kuke Music History  |  Kuke Music Valuation   PreviousNext  
Open Value
0.56
0.38
Closing Value
38.93
Upside

Kuke Music Trading Date Momentum on November 4, 2024

On November 05 2024 Kuke Music Holding was traded for  0.41  at the closing time. The top price for the day was 0.44  and the lowest listed price was  0.40 . The trading volume for the day was 729.1 K. The trading history from November 5, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 7.89% . The trading delta at closing time against the current closing price is 2.63% .

Kuke Music Holding Fundamentals Correlations and Trends

By evaluating Kuke Music's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Kuke Music's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kuke financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Kuke Music Stock history

Kuke Music 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 Kuke is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kuke Music Holding 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 Kuke Music stock prices may prove useful in developing a viable investing in Kuke Music
Last ReportedProjected for Next Year
Common Stock Shares Outstanding31.2 M31.2 M
Net Loss-804.8 M-764.6 M

Kuke Music Stock Technical Analysis

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

Kuke Music Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Kuke Music Holding cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.

Kuke Music December 11, 2024 Market Strength

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

Kuke Music Technical and Predictive Indicators

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

When running Kuke Music's price analysis, check to measure Kuke Music'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 Kuke Music is operating at the current time. Most of Kuke Music's value examination focuses on studying past and present price action to predict the probability of Kuke Music's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kuke Music's price. Additionally, you may evaluate how the addition of Kuke Music to your portfolios can decrease your overall portfolio volatility.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios