Seek Ltd Adr Stock Price on January 22, 2024

SKLTY Stock  USD 30.73  0.10  0.32%   
If you're considering investing in Seek Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Seek stands at 30.73, as last reported on the 3rd of May, with the highest price reaching 31.01 and the lowest price hitting 30.03 during the day. Seek Ltd ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0591, which indicates the firm had a -0.0591% return per unit of risk over the last 3 months. Seek Ltd ADR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Seek's Variance of 3.86, coefficient of variation of (2,133), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
  
Seek Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0591

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Estimated Market Risk

 1.91
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Seek 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 Seek by adding Seek to a well-diversified portfolio.

Seek Valuation on January 22, 2024

It is possible to determine the worth of Seek on a given historical date. On January 22, 2024 Seek was worth 33.39 at the beginning of the trading date compared to the closed value of 33.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Seek pink sheet. Still, in general, we apply an absolute valuation method to find Seek'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 Seek where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Seek's related companies.
 Open High Low Close Volume
  33.23    33.23    32.98    32.98    14,783  
01/22/2024
  33.39    33.39    33.14    33.14    13,314  
  33.55    33.55    33.30    33.30    5,673  
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Open Value
33.39
33.14
Closing Value
39.11
Upside

Seek Trading Date Momentum on January 22, 2024

On January 23 2024 Seek Ltd ADR was traded for  33.30  at the closing time. The highest daily price throughout the period was 33.55  and the lowest price was  33.30 . The daily volume was 5.7 K. The net trading volume on 01/23/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.48% . The trading price change to current closing price is 1.39% .

Seek Ltd ADR Fundamentals Correlations and Trends

By evaluating Seek'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 Seek's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Seek financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Seek Pink Sheet history

Seek 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 Seek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Seek Ltd ADR 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 Seek stock prices may prove useful in developing a viable investing in Seek
SEEK Limited, together with its subsidiaries, provides online employment marketplace services in Australia, South East Asia, Brazil, New Zealand, Mexico, the United Kingdom, Europe, and internationally. The company was incorporated in 1997 and is headquartered in Melbourne, Australia. Seek operates under Staffing Employment Services classification in the United States and is traded on OTC Exchange.

Seek Pink Sheet Technical Analysis

Seek technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Seek technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Seek 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

Seek Period Price Range

Low
January 22, 2024
-0.25  -0.75%
High

 33.39 

     

 33.14 

Seek May 3, 2024 Market Strength

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

Seek Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Seek's price direction in advance. Along with the technical and fundamental analysis of Seek Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Seek 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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seek Ltd ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running Seek's price analysis, check to measure Seek'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 Seek is operating at the current time. Most of Seek's value examination focuses on studying past and present price action to predict the probability of Seek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seek's price. Additionally, you may evaluate how the addition of Seek to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Seek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seek'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.