China Electric (Taiwan) Price on November 8, 2023
| 1611 Stock | TWD 16.75 0.15 0.89% |
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China Electric stands at 16.75, as last reported on the 11th of December 2024, with the highest price reaching 17.20 and the lowest price hitting 16.70 during the day. At this stage we consider China Stock to be very steady. China Electric Manuf secures Sharpe Ratio (or Efficiency) of 0.0036, which signifies that the company had a 0.0036% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for China Electric Manufacturing, which you can use to evaluate the volatility of the firm. Please confirm China Electric's Standard Deviation of 1.8, mean deviation of 1.27, and Risk Adjusted Performance of 0.0033 to double-check if the risk estimate we provide is consistent with the expected return of 0.0066%.
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.0036
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1611 |
Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.01 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 China Electric 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 China Electric by adding China Electric to a well-diversified portfolio.
China Electric Valuation on November 8, 2023
It is possible to determine the worth of China Electric on a given historical date. On November 8, 2023 China was worth 16.1 at the beginning of the trading date compared to the closed value of 15.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Electric stock. Still, in general, we apply an absolute valuation method to find China Electric'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 China Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Electric's related companies.
| Open | High | Low | Close | Volume | |
| 16.25 | 16.25 | 16.05 | 16.10 | 184,025 | |
11/08/2023 | 16.10 | 16.10 | 15.90 | 15.90 | 307,097 |
| 15.90 | 16.00 | 15.80 | 15.80 | 227,077 |
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China Electric Trading Date Momentum on November 8, 2023
| On November 09 2023 China Electric Manufacturing was traded for 15.80 at the closing time. The highest price during the trading period was 16.00 and the lowest recorded bid was listed for 15.80 . The volume for the day was 227.1 K. This history from November 9, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.63% . The overall trading delta to the current price is 2.52% . |
China Electric Manuf Fundamentals Correlations and Trends
By evaluating China Electric'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 China Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China Electric Stock history
China Electric 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Electric Manuf 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 China Electric stock prices may prove useful in developing a viable investing in China Electric
China Electric Stock Technical Analysis
China Electric 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
China Electric Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
China Electric Manufacturing 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.
China Electric December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how China Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Electric shares will generate the highest return on investment. By undertsting and applying China Electric stock market strength indicators, traders can identify China Electric Manufacturing entry and exit signals to maximize returns
China Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Electric's price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China 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 | 0.0033 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.08) |
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Additional Tools for China Stock Analysis
When running China Electric's price analysis, check to measure China Electric'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 China Electric is operating at the current time. Most of China Electric's value examination focuses on studying past and present price action to predict the probability of China Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Electric's price. Additionally, you may evaluate how the addition of China Electric to your portfolios can decrease your overall portfolio volatility.