Sanyang (Taiwan) Price on December 17, 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), variance of 1.43, and Risk Adjusted Performance of (0.11) 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.

Sharpe Ratio = -0.1386

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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 December 17, 2024

It is possible to determine the worth of Sanyang on a given historical date. On December 17, 2024 Sanyang was worth 68.9 at the beginning of the trading date compared to the closed value of 68.9. 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
  68.80    69.50    68.50    69.30    1,615,319  
12/17/2024
  68.90    69.10    67.80    68.90    3,497,895  
  68.50    68.90    67.80    68.20    2,583,519  
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Open Value
68.9
68.9
Closing Value
72.51
Upside

Sanyang Trading Date Momentum on December 17, 2024

On December 18 2024 Sanyang Motor Co was traded for  68.20  at the closing time. The highest price during the trading period was 68.90  and the lowest recorded bid was listed for  67.80 . The volume for the day was 2.6 M. This history from December 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.02% . The trading price change to the current price is 1.45% .

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.
A focus of Sanyang technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sanyang 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

Sanyang Period Price Range

Low
December 22, 2024
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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.

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.