Shuttle (Taiwan) Price on September 18, 2024

2405 Stock  TWD 20.05  0.15  0.75%   
If you're considering investing in Shuttle Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shuttle stands at 20.05, as last reported on the 1st of December, with the highest price reaching 20.20 and the lowest price hitting 19.80 during the day. Shuttle owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.052, which indicates the firm had a -0.052% return per unit of risk over the last 3 months. Shuttle exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shuttle's Variance of 5.23, coefficient of variation of (1,472), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
  
Shuttle Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.052

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Estimated Market Risk

 2.29
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shuttle 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 Shuttle by adding Shuttle to a well-diversified portfolio.

Shuttle Valuation on September 18, 2024

It is possible to determine the worth of Shuttle on a given historical date. On September 18, 2024 Shuttle was worth 20.25 at the beginning of the trading date compared to the closed value of 19.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shuttle stock. Still, in general, we apply an absolute valuation method to find Shuttle'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 Shuttle where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shuttle's related companies.
 Open High Low Close Volume
  20.15    20.50    20.10    20.10    2,279,033  
09/18/2024
  20.25    20.30    19.90    19.90    1,742,062  
  20.00    20.30    19.85    20.20    1,815,758  
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Open Value
20.25
19.9
Closing Value
27.12
Upside

Shuttle Trading Date Momentum on September 18, 2024

On September 19 2024 Shuttle was traded for  20.20  at the closing time. The highest price during the trading period was 20.30  and the lowest recorded bid was listed for  19.85 . The volume for the day was 1.8 M. This history from September 19, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.51% . The trading price change to the current price is 0.75% .

Shuttle Fundamentals Correlations and Trends

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

About Shuttle Stock history

Shuttle 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 Shuttle is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shuttle 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 Shuttle stock prices may prove useful in developing a viable investing in Shuttle
Shuttle Inc. designs and manufactures small form factor computers and accessories worldwide. Shuttle Inc. was founded in 1983 and is headquartered in Taipei, Taiwan. SHUTTLE INC is traded on Taiwan Stock Exchange in Taiwan.

Shuttle Stock Technical Analysis

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

Shuttle Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shuttle 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.

Shuttle December 1, 2024 Market Strength

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

Shuttle Technical and Predictive Indicators

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

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