Hocheng Corp (Taiwan) Price on November 28, 2023

1810 Stock  TWD 17.35  0.05  0.29%   
If you're considering investing in Hocheng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hocheng Corp stands at 17.35, as last reported on the 4th of December, with the highest price reaching 17.35 and the lowest price hitting 17.20 during the day. Hocheng Corp holds Efficiency (Sharpe) Ratio of -0.0235, which attests that the entity had a -0.0235% return per unit of risk over the last 3 months. Hocheng Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hocheng Corp's Standard Deviation of 1.53, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (1.13) to validate the risk estimate we provide.
  
Hocheng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0235

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Estimated Market Risk

 1.35
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hocheng Corp 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 Hocheng Corp by adding Hocheng Corp to a well-diversified portfolio.

Hocheng Corp Valuation on November 28, 2023

It is possible to determine the worth of Hocheng Corp on a given historical date. On November 28, 2023 Hocheng was worth 18.6 at the beginning of the trading date compared to the closed value of 18.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hocheng Corp stock. Still, in general, we apply an absolute valuation method to find Hocheng Corp'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 Hocheng Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hocheng Corp's related companies.
 Open High Low Close Volume
  18.95    19.10    18.40    18.40    1,029,284  
11/28/2023
  18.60    18.65    18.45    18.60    335,391  
  18.60    18.65    18.20    18.35    743,500  
Backtest Hocheng Corp  |  Hocheng Corp History  |  Hocheng Corp Valuation   PreviousNext  
Open Value
18.6
18.6
Closing Value
22.66
Upside

Hocheng Corp Trading Date Momentum on November 28, 2023

On November 29 2023 Hocheng Corp was traded for  18.35  at the closing time. The highest price during the trading period was 18.65  and the lowest recorded bid was listed for  18.20 . The volume for the day was 743.5 K. This history from November 29, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.34% . The trading delta at closing time to the current price is 2.15% .

Hocheng Corp Fundamentals Correlations and Trends

By evaluating Hocheng Corp'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 Hocheng Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hocheng financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hocheng Corp Stock history

Hocheng Corp 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 Hocheng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hocheng Corp 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 Hocheng Corp stock prices may prove useful in developing a viable investing in Hocheng Corp
Hocheng Corporation, together with its subsidiaries, provides bathroom products in Taiwan and internationally. The company was founded in 1931 and is headquartered in Taipei, Taiwan. HOCHENG CORP operates under Furnishings, Fixtures Appliances classification in Taiwan and is traded on Taiwan Stock Exchange.

Hocheng Corp Stock Technical Analysis

Hocheng Corp 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.
A focus of Hocheng Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hocheng Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hocheng Corp Period Price Range

Low
December 4, 2024
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High

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 0.00 

Hocheng Corp 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.

Hocheng Corp December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Hocheng Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hocheng Corp shares will generate the highest return on investment. By undertsting and applying Hocheng Corp stock market strength indicators, traders can identify Hocheng Corp entry and exit signals to maximize returns

Hocheng Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hocheng Corp's price direction in advance. Along with the technical and fundamental analysis of Hocheng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hocheng 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.

Additional Tools for Hocheng Stock Analysis

When running Hocheng Corp's price analysis, check to measure Hocheng Corp'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 Hocheng Corp is operating at the current time. Most of Hocheng Corp's value examination focuses on studying past and present price action to predict the probability of Hocheng Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hocheng Corp's price. Additionally, you may evaluate how the addition of Hocheng Corp to your portfolios can decrease your overall portfolio volatility.