Everlight Chemical (Taiwan) Price on November 27, 2024
1711 Stock | TWD 23.15 0.65 2.89% |
If you're considering investing in Everlight Stock, it is important to understand the factors that can impact its price. As of today, the current price of Everlight Chemical stands at 23.15, as last reported on the 3rd of December, with the highest price reaching 23.60 and the lowest price hitting 22.65 during the day. Everlight Chemical secures Sharpe Ratio (or Efficiency) of -0.0482, which denotes the company had a -0.0482% return per unit of risk over the last 3 months. Everlight Chemical Industrial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Everlight Chemical's Variance of 5.71, standard deviation of 2.39, and Mean Deviation of 1.75 to check the risk estimate we provide.
Everlight Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Everlight |
Sharpe Ratio = -0.0482
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Estimated Market Risk
2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Everlight Chemical 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 Everlight Chemical by adding Everlight Chemical to a well-diversified portfolio.
Everlight Chemical Valuation on November 27, 2024
It is possible to determine the worth of Everlight Chemical on a given historical date. On November 27, 2024 Everlight was worth 23.4 at the beginning of the trading date compared to the closed value of 22.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Everlight Chemical stock. Still, in general, we apply an absolute valuation method to find Everlight Chemical'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 Everlight Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Everlight Chemical's related companies.
Open | High | Low | Close | Volume | |
23.20 | 23.95 | 23.10 | 23.30 | 3,081,358 | |
11/27/2024 | 23.40 | 23.45 | 22.65 | 22.75 | 2,166,683 |
22.65 | 22.80 | 22.20 | 22.45 | 2,198,979 |
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Everlight Chemical Trading Date Momentum on November 27, 2024
On November 28 2024 Everlight Chemical Industrial was traded for 22.45 at the closing time. The highest price during the trading period was 22.80 and the lowest recorded bid was listed for 22.20 . The volume for the day was 2.2 M. This history from November 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.32% . The overall trading delta to the current price is 0.44% . |
Everlight Chemical Fundamentals Correlations and Trends
By evaluating Everlight Chemical'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 Everlight Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Everlight financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Everlight Chemical Stock history
Everlight Chemical 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 Everlight is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Everlight 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 Everlight Chemical stock prices may prove useful in developing a viable investing in Everlight Chemical
Everlight Chemical Industrial Corporation produces and sells chemical products in Taiwan, rest of Asia, the Americas, Europe, and internationally. Everlight Chemical Industrial Corporation was founded in 1972 and is headquartered in Taipei, Taiwan. EVERLIGHT CHEMICAL operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.
Everlight Chemical Stock Technical Analysis
Everlight Chemical 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
Everlight Chemical Period Price Range
Low | December 3, 2024
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0.00 | 0.00 |
Everlight Chemical Industrial 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.
Everlight Chemical December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Everlight Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Everlight Chemical shares will generate the highest return on investment. By undertsting and applying Everlight Chemical stock market strength indicators, traders can identify Everlight Chemical Industrial entry and exit signals to maximize returns
Everlight Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Everlight Chemical's price direction in advance. Along with the technical and fundamental analysis of Everlight Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Everlight 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 | (0.07) | |||
Jensen Alpha | (0.29) | |||
Total Risk Alpha | (0.62) | |||
Treynor Ratio | (1.06) |
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Additional Tools for Everlight Stock Analysis
When running Everlight Chemical's price analysis, check to measure Everlight Chemical'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 Everlight Chemical is operating at the current time. Most of Everlight Chemical's value examination focuses on studying past and present price action to predict the probability of Everlight Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Everlight Chemical's price. Additionally, you may evaluate how the addition of Everlight Chemical to your portfolios can decrease your overall portfolio volatility.