China Man (Taiwan) Price on May 6, 2024
1718 Stock | TWD 8.13 0.04 0.49% |
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 Man stands at 8.13, as last reported on the 8th of December, with the highest price reaching 8.16 and the lowest price hitting 8.08 during the day. At this stage we consider China Stock to be not too volatile. China Man Made secures Sharpe Ratio (or Efficiency) of 0.0665, which signifies that the company had a 0.0665% return per unit of risk over the last 3 months. We have found thirty technical indicators for China Man Made Fiber, which you can use to evaluate the volatility of the firm. Please confirm China Man's Downside Deviation of 1.27, mean deviation of 0.8482, and Risk Adjusted Performance of 0.0541 to double-check if the risk estimate we provide is consistent with the expected return of 0.0949%.
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.0665
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Estimated Market Risk
1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average China Man is performing at about 5% of its full potential. 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 Man by adding it to a well-diversified portfolio.
China Man Valuation on May 6, 2024
It is possible to determine the worth of China Man on a given historical date. On May 6, 2024 China was worth 7.81 at the beginning of the trading date compared to the closed value of 7.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Man stock. Still, in general, we apply an absolute valuation method to find China Man'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 Man where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Man's related companies.
Open | High | Low | Close | Volume | |
7.80 | 7.83 | 7.76 | 7.77 | 2,267,387 | |
05/06/2024 | 7.81 | 7.86 | 7.75 | 7.77 | 2,194,000 |
7.77 | 7.84 | 7.68 | 7.72 | 3,146,470 |
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China Man Trading Date Momentum on May 6, 2024
On May 07 2024 China Man Made Fiber was traded for 7.72 at the closing time. The highest price during the trading period was 7.84 and the lowest recorded bid was listed for 7.68 . The volume for the day was 3.1 M. This history from May 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.64% . The overall trading delta to the current price is 4.25% . |
China Man Made Fundamentals Correlations and Trends
By evaluating China Man'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 Man'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 Man Stock history
China Man 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 Man Made 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 Man stock prices may prove useful in developing a viable investing in China Man
China Man Stock Technical Analysis
China Man 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 Man Period Price Range
Low | December 8, 2024
| High |
0.00 | 0.00 |
China Man Made Fiber 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 Man December 8, 2024 Market Strength
Market strength indicators help investors to evaluate how China Man 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 Man shares will generate the highest return on investment. By undertsting and applying China Man stock market strength indicators, traders can identify China Man Made Fiber entry and exit signals to maximize returns
China Man Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Man'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 | 0.0541 | |||
Jensen Alpha | 0.0961 | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | (1.00) |
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Volume Indicators |
Additional Tools for China Stock Analysis
When running China Man's price analysis, check to measure China Man'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 Man is operating at the current time. Most of China Man's value examination focuses on studying past and present price action to predict the probability of China Man'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 Man's price. Additionally, you may evaluate how the addition of China Man to your portfolios can decrease your overall portfolio volatility.