Kwong Fong (Taiwan) Price on November 14, 2024
| 1416 Stock | TWD 12.80 0.10 0.78% |
If you're considering investing in Kwong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kwong Fong stands at 12.80, as last reported on the 1st of December, with the highest price reaching 12.95 and the lowest price hitting 12.75 during the day. At this stage we consider Kwong Stock to be not too volatile. Kwong Fong Industries has Sharpe Ratio of 0.0022, which conveys that the firm had a 0.0022% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Kwong Fong, which you can use to evaluate the volatility of the firm. Please verify Kwong Fong's Mean Deviation of 1.22, standard deviation of 1.8, and insignificant Risk Adjusted Performance to check out if the risk estimate we provide is consistent with the expected return of 0.004%.
Kwong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kwong |
Sharpe Ratio = 0.0022
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1416 |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kwong Fong 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 Kwong Fong by adding Kwong Fong to a well-diversified portfolio.
Kwong Fong Valuation on November 14, 2024
It is possible to determine the worth of Kwong Fong on a given historical date. On November 14, 2024 Kwong was worth 13.0 at the beginning of the trading date compared to the closed value of 12.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kwong Fong stock. Still, in general, we apply an absolute valuation method to find Kwong Fong'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 Kwong Fong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kwong Fong's related companies.
| Open | High | Low | Close | Volume | |
| 12.85 | 13.05 | 12.85 | 12.95 | 260,446 | |
11/14/2024 | 13.00 | 13.10 | 12.55 | 12.55 | 1,055,003 |
| 12.55 | 12.95 | 12.55 | 12.65 | 422,475 |
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Kwong Fong Trading Date Momentum on November 14, 2024
| On November 15 2024 Kwong Fong Industries was traded for 12.65 at the closing time. The highest price during the trading period was 12.95 and the lowest recorded bid was listed for 12.55 . The volume for the day was 422.5 K. This history from November 15, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.80% . The trading delta at closing time to the current price is 5.98% . |
Kwong Fong Industries Fundamentals Correlations and Trends
By evaluating Kwong Fong'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 Kwong Fong's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kwong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kwong Fong Stock history
Kwong Fong 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 Kwong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kwong Fong Industries 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 Kwong Fong stock prices may prove useful in developing a viable investing in Kwong Fong
Kwong Fong Industries Corporation, together with its subsidiaries, primarily engages in the construction and textile businesses in Taiwan and internationally. Kwong Fong Industries Corporation was founded in 1968 and is headquartered in Taipei, Taiwan. KWONG FONG is traded on Taiwan Stock Exchange in Taiwan.
Kwong Fong Stock Technical Analysis
Kwong Fong 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
Kwong Fong Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Kwong Fong Industries cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan 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.
Kwong Fong December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Kwong Fong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kwong Fong shares will generate the highest return on investment. By undertsting and applying Kwong Fong stock market strength indicators, traders can identify Kwong Fong Industries entry and exit signals to maximize returns
Kwong Fong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kwong Fong's price direction in advance. Along with the technical and fundamental analysis of Kwong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kwong 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) | |||
| Jensen Alpha | 0.0034 | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.1164 |
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Additional Tools for Kwong Stock Analysis
When running Kwong Fong's price analysis, check to measure Kwong Fong'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 Kwong Fong is operating at the current time. Most of Kwong Fong's value examination focuses on studying past and present price action to predict the probability of Kwong Fong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kwong Fong's price. Additionally, you may evaluate how the addition of Kwong Fong to your portfolios can decrease your overall portfolio volatility.