Kuke Music Holding Stock Price on August 4, 2021
| KUKE Stock | USD 2.81 0.35 11.08% |
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 2.81, as last reported on the 18th of April 2024, with the highest price reaching 3.27 and the lowest price hitting 2.81 during the day. Kuke Music is extremely dangerous given 3 months investment horizon. Kuke Music Holding has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. We were able to collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.3% are justified by taking the suggested risk. Use Kuke Music Holding Mean Deviation of 6.91, risk adjusted performance of 0.1412, and Downside Deviation of 8.2 to evaluate company specific risk that cannot be diversified away.
At present, Kuke Music's Sale Purchase Of Stock is projected to decrease significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 23.6 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 30.7 M. . As of April 18, 2024, Price To Sales Ratio is expected to decline to 1.03. In addition to that, Price Earnings Ratio is expected to decline to -0.15. Kuke Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kuke |
Sharpe Ratio = 0.2127
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Estimated Market Risk
| 10.84 actual daily | 95 95% of assets are less volatile |
Expected Return
| 2.3 actual daily | 45 55% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Kuke Music is performing at about 16% 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 Kuke Music by adding it to a well-diversified portfolio.
Price Book 7.5398 | Enterprise Value Ebitda (0.09) | Price Sales 0.7489 | Shares Float 16.7 M | Earnings Share (3.99) |
Kuke Music Valuation on August 4, 2021
It is possible to determine the worth of Kuke Music on a given historical date. On August 4, 2021 Kuke was worth 3.75 at the beginning of the trading date compared to the closed value of 3.84. 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 | |
04/04/2022 | 3.75 | 4.00 | 3.75 | 3.84 | 85,200 |
| 3.77 | 3.85 | 3.69 | 3.73 | 74,300 |
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Kuke Music Trading Date Momentum on August 4, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 34.1 M | 30.7 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.
Price Boundaries
Kuke Music Period Price Range
Low | April 4, 2022
| High |
3.75 | 3.84 |
Kuke Music April 18, 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.
| Risk Adjusted Performance | 0.1412 | |||
| Jensen Alpha | 2.26 | |||
| Total Risk Alpha | 1.44 | |||
| Sortino Ratio | 0.2633 | |||
| Treynor Ratio | (1.69) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kuke Music Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.
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Is Kuke Music's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kuke Music. If investors know Kuke will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kuke Music listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.342 | Earnings Share (3.99) | Revenue Per Share 3.247 | Quarterly Revenue Growth (0.05) | Return On Assets (0.13) |
The market value of Kuke Music Holding is measured differently than its book value, which is the value of Kuke that is recorded on the company's balance sheet. Investors also form their own opinion of Kuke Music's value that differs from its market value or its book value, called intrinsic value, which is Kuke Music's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kuke Music's market value can be influenced by many factors that don't directly affect Kuke Music's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kuke Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kuke Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kuke Music's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.