Oriental Union (Taiwan) Price on June 14, 2024
1710 Stock | TWD 16.20 0.05 0.31% |
If you're considering investing in Oriental Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oriental Union stands at 16.20, as last reported on the 2nd of December, with the highest price reaching 16.20 and the lowest price hitting 16.00 during the day. Oriental Union Chemical maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Oriental Union Chemical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oriental Union's Risk Adjusted Performance of (0.08), variance of 1.5, and Coefficient Of Variation of (877.77) to confirm the risk estimate we provide.
Oriental Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Oriental |
Sharpe Ratio = -0.1207
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Negative Returns | 1710 |
Estimated Market Risk
1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oriental Union 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 Oriental Union by adding Oriental Union to a well-diversified portfolio.
Oriental Union Valuation on June 14, 2024
It is possible to determine the worth of Oriental Union on a given historical date. On June 14, 2024 Oriental was worth 17.05 at the beginning of the trading date compared to the closed value of 17.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oriental Union stock. Still, in general, we apply an absolute valuation method to find Oriental Union'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 Oriental Union where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oriental Union's related companies.
Open | High | Low | Close | Volume | |
17.25 | 17.25 | 17.00 | 17.05 | 928,461 | |
06/14/2024 | 17.05 | 17.15 | 17.00 | 17.10 | 796,578 |
17.15 | 17.30 | 17.15 | 17.20 | 997,548 |
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Oriental Union Trading Date Momentum on June 14, 2024
On June 17 2024 Oriental Union Chemical was traded for 17.20 at the closing time. The highest price during the trading period was 17.30 and the lowest recorded bid was listed for 17.15 . The volume for the day was 997.5 K. This history from June 17, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.58% . The trading delta at closing time to the current price is 2.63% . |
Oriental Union Chemical Fundamentals Correlations and Trends
By evaluating Oriental Union'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 Oriental Union's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oriental financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oriental Union Stock history
Oriental Union 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 Oriental is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oriental Union Chemical 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 Oriental Union stock prices may prove useful in developing a viable investing in Oriental Union
Oriental Union Chemical Corporation provides ethylene glycol and ethylene oxide derivatives primarily in Asia. Oriental Union Chemical Corporation was founded in 1975 and is headquartered in Taipei, Taiwan. ORIENTAL UNION operates under Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.
Oriental Union Stock Technical Analysis
Oriental Union 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
Oriental Union Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Oriental Union Chemical 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.
Oriental Union December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Oriental Union stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oriental Union shares will generate the highest return on investment. By undertsting and applying Oriental Union stock market strength indicators, traders can identify Oriental Union Chemical entry and exit signals to maximize returns
Oriental Union Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oriental Union's price direction in advance. Along with the technical and fundamental analysis of Oriental Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oriental 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 | (0.08) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | 2.75 |
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Additional Tools for Oriental Stock Analysis
When running Oriental Union's price analysis, check to measure Oriental Union'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 Oriental Union is operating at the current time. Most of Oriental Union's value examination focuses on studying past and present price action to predict the probability of Oriental Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oriental Union's price. Additionally, you may evaluate how the addition of Oriental Union to your portfolios can decrease your overall portfolio volatility.