Reward Wool (Taiwan) Price on October 11, 2024
| 1423 Stock | TWD 37.50 0.55 1.49% |
If you're considering investing in Reward Stock, it is important to understand the factors that can impact its price. As of today, the current price of Reward Wool stands at 37.50, as last reported on the 12th of December 2024, with the highest price reaching 37.75 and the lowest price hitting 37.00 during the day. Reward Wool Industry maintains Sharpe Ratio (i.e., Efficiency) of -0.27, which implies the firm had a -0.27% return per unit of risk over the last 3 months. Reward Wool Industry exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Reward Wool's Risk Adjusted Performance of (0.18), coefficient of variation of (396.73), and Variance of 1.0 to confirm the risk estimate we provide.
Reward Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Reward |
Sharpe Ratio = -0.2703
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1423 |
Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.27 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Reward Wool 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 Reward Wool by adding Reward Wool to a well-diversified portfolio.
Reward Wool Valuation on October 11, 2024
It is possible to determine the worth of Reward Wool on a given historical date. On October 11, 2024 Reward was worth 43.6 at the beginning of the trading date compared to the closed value of 43.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reward Wool stock. Still, in general, we apply an absolute valuation method to find Reward Wool'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 Reward Wool where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reward Wool's related companies.
| Open | High | Low | Close | Volume | |
| 43.80 | 43.80 | 42.00 | 43.65 | 311,385 | |
10/11/2024 | 43.60 | 43.80 | 43.00 | 43.10 | 163,118 |
| 43.10 | 43.10 | 41.60 | 41.60 | 140,000 |
| Backtest Reward Wool | | | Reward Wool History | | | Reward Wool Valuation | Previous | Next |
Reward Wool Trading Date Momentum on October 11, 2024
| On October 14 2024 Reward Wool Industry was traded for 41.60 at the closing time. The highest price during the trading period was 43.10 and the lowest recorded bid was listed for 41.60 . The volume for the day was 140 K. This history from October 14, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.48% . The trading delta at closing time to the current price is 3.25% . |
Reward Wool Industry Fundamentals Correlations and Trends
By evaluating Reward Wool'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 Reward Wool's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Reward financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Reward Wool Stock history
Reward Wool 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 Reward is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Reward Wool Industry 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 Reward Wool stock prices may prove useful in developing a viable investing in Reward Wool
Reward Wool Industry Corporation produces and sells wool products in Taiwan. The company was founded in 1964 and is headquartered in Taipei, Taiwan. REWARD WOOL operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 98 people.
Reward Wool Stock Technical Analysis
Reward Wool 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
Reward Wool Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Reward Wool Industry 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.
Reward Wool December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Reward Wool stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Reward Wool shares will generate the highest return on investment. By undertsting and applying Reward Wool stock market strength indicators, traders can identify Reward Wool Industry entry and exit signals to maximize returns
Reward Wool Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Reward Wool's price direction in advance. Along with the technical and fundamental analysis of Reward Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Reward 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 | (0.18) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 1.9 |
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Additional Tools for Reward Stock Analysis
When running Reward Wool's price analysis, check to measure Reward Wool'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 Reward Wool is operating at the current time. Most of Reward Wool's value examination focuses on studying past and present price action to predict the probability of Reward Wool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reward Wool's price. Additionally, you may evaluate how the addition of Reward Wool to your portfolios can decrease your overall portfolio volatility.