China Steel (Taiwan) Price on November 14, 2024
| 2013 Stock | TWD 50.30 0.10 0.20% |
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 Steel stands at 50.30, as last reported on the 24th of December, with the highest price reaching 50.50 and the lowest price hitting 50.30 during the day. China Steel Structure secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. China Steel Structure exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Steel's Mean Deviation of 0.6354, risk adjusted performance of (0.06), and Standard Deviation of 0.8213 to double-check the risk estimate we provide.
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = -0.103
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| Negative Returns | 2013 |
Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China Steel 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 Steel by adding China Steel to a well-diversified portfolio.
China Steel Valuation on November 14, 2024
It is possible to determine the worth of China Steel on a given historical date. On November 14, 2024 China was worth 52.8 at the beginning of the trading date compared to the closed value of 52.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Steel stock. Still, in general, we apply an absolute valuation method to find China Steel'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 Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Steel's related companies.
| Open | High | Low | Close | Volume | |
| 52.70 | 53.00 | 52.70 | 52.80 | 48,766 | |
11/14/2024 | 52.80 | 53.00 | 52.50 | 52.50 | 49,257 |
| 52.30 | 53.00 | 52.30 | 53.00 | 22,574 |
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China Steel Trading Date Momentum on November 14, 2024
| On November 15 2024 China Steel Structure was traded for 53.00 at the closing time. The highest price during the trading period was 53.00 and the lowest recorded bid was listed for 52.30 . The volume for the day was 22.6 K. This history from November 15, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.95% . The overall trading delta to the current price is 3.62% . |
China Steel Structure Fundamentals Correlations and Trends
By evaluating China Steel'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 Steel'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 Steel Stock history
China Steel 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 Steel Structure 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 Steel stock prices may prove useful in developing a viable investing in China Steel
China Steel Structure Co., Ltd. produces and sells steel structures in Taiwan and internationally. The company was founded in 1978 and is headquartered in Kaohsiung, Taiwan. CHINA STEEL operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange.
China Steel Stock Technical Analysis
China Steel 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 Steel Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
China Steel Structure 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 Steel December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how China Steel 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 Steel shares will generate the highest return on investment. By undertsting and applying China Steel stock market strength indicators, traders can identify China Steel Structure entry and exit signals to maximize returns
China Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Steel'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 | (0.06) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (2.75) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for China Stock Analysis
When running China Steel's price analysis, check to measure China Steel'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 Steel is operating at the current time. Most of China Steel's value examination focuses on studying past and present price action to predict the probability of China Steel'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 Steel's price. Additionally, you may evaluate how the addition of China Steel to your portfolios can decrease your overall portfolio volatility.