Sanyang (Taiwan) Price on October 14, 2024
2206 Stock | TWD 67.60 0.30 0.44% |
If you're considering investing in Sanyang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sanyang stands at 67.60, as last reported on the 22nd of December, with the highest price reaching 68.70 and the lowest price hitting 67.60 during the day. Sanyang Motor owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Sanyang Motor Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sanyang's Coefficient Of Variation of (671.63), risk adjusted performance of (0.11), and Variance of 1.43 to confirm the risk estimate we provide.
Sanyang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sanyang |
Sharpe Ratio = -0.1386
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 2206 |
Estimated Market Risk
1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sanyang 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 Sanyang by adding Sanyang to a well-diversified portfolio.
Sanyang Valuation on October 14, 2024
It is possible to determine the worth of Sanyang on a given historical date. On October 14, 2024 Sanyang was worth 71.4 at the beginning of the trading date compared to the closed value of 70.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sanyang stock. Still, in general, we apply an absolute valuation method to find Sanyang'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 Sanyang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sanyang's related companies.
Open | High | Low | Close | Volume | |
72.20 | 72.20 | 70.90 | 71.50 | 2,227,929 | |
10/14/2024 | 71.40 | 71.40 | 70.00 | 70.00 | 3,334,529 |
70.30 | 71.00 | 70.00 | 70.00 | 2,192,918 |
Backtest Sanyang | | | Sanyang History | | | Sanyang Valuation | Previous | Next |
Sanyang Trading Date Momentum on October 14, 2024
On October 15 2024 Sanyang Motor Co was traded for 70.00 at the closing time. The highest price during the trading period was 71.00 and the lowest recorded bid was listed for 70.00 . The volume for the day was 2.2 M. This history from October 15, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.14% . |
Sanyang Motor Fundamentals Correlations and Trends
By evaluating Sanyang'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 Sanyang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sanyang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sanyang Stock history
Sanyang 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 Sanyang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sanyang Motor 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 Sanyang stock prices may prove useful in developing a viable investing in Sanyang
Sanyang Motor Co., Ltd. manufactures and sells motorcycles and automobiles in Taiwan and internationally. Sanyang Motor Co., Ltd. was founded in 1954 and is headquartered in Hukou, Taiwan. SANYANG MOTOR is traded on Taiwan Stock Exchange in Taiwan.
Sanyang Stock Technical Analysis
Sanyang 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
Sanyang Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Sanyang Motor Co 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.
Sanyang December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Sanyang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sanyang shares will generate the highest return on investment. By undertsting and applying Sanyang stock market strength indicators, traders can identify Sanyang Motor Co entry and exit signals to maximize returns
Sanyang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sanyang's price direction in advance. Along with the technical and fundamental analysis of Sanyang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sanyang 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 | (0.11) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | 0.6908 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Sanyang Stock Analysis
When running Sanyang's price analysis, check to measure Sanyang'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 Sanyang is operating at the current time. Most of Sanyang's value examination focuses on studying past and present price action to predict the probability of Sanyang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanyang's price. Additionally, you may evaluate how the addition of Sanyang to your portfolios can decrease your overall portfolio volatility.