Cathay Real (Taiwan) Price on May 7, 2024
| 2501 Stock | TWD 24.35 0.55 2.21% |
If you're considering investing in Cathay Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cathay Real stands at 24.35, as last reported on the 16th of December 2024, with the highest price reaching 24.90 and the lowest price hitting 24.20 during the day. Cathay Real Estate secures Sharpe Ratio (or Efficiency) of -0.0443, which signifies that the company had a -0.0443% return per unit of risk over the last 3 months. Cathay Real Estate exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cathay Real's Mean Deviation of 1.29, standard deviation of 1.81, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
Cathay Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cathay |
Sharpe Ratio = -0.0443
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| Negative Returns | 2501 |
Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cathay Real 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 Cathay Real by adding Cathay Real to a well-diversified portfolio.
Cathay Real Valuation on May 7, 2024
It is possible to determine the worth of Cathay Real on a given historical date. On May 7, 2024 Cathay was worth 38.9 at the beginning of the trading date compared to the closed value of 37.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cathay Real stock. Still, in general, we apply an absolute valuation method to find Cathay Real'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 Cathay Real where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cathay Real's related companies.
| Open | High | Low | Close | Volume | |
| 41.00 | 41.30 | 38.85 | 39.35 | 56,875,525 | |
05/07/2024 | 38.90 | 39.85 | 37.20 | 37.65 | 55,296,413 |
| 37.85 | 38.30 | 36.00 | 36.00 | 35,747,754 |
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Cathay Real Trading Date Momentum on May 7, 2024
| On May 08 2024 Cathay Real Estate was traded for 36.00 at the closing time. The highest price during the trading period was 38.30 and the lowest recorded bid was listed for 36.00 . The volume for the day was 35.7 M. This history from May 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 4.38% . The overall trading delta to the current price is 6.11% . |
Cathay Real Estate Fundamentals Correlations and Trends
By evaluating Cathay Real'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 Cathay Real's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cathay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cathay Real Stock history
Cathay Real 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 Cathay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cathay Real Estate 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 Cathay Real stock prices may prove useful in developing a viable investing in Cathay Real
Cathay Real Stock Technical Analysis
Cathay Real 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
Cathay Real Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Cathay Real Estate 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.
Cathay Real December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Cathay Real stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cathay Real shares will generate the highest return on investment. By undertsting and applying Cathay Real stock market strength indicators, traders can identify Cathay Real Estate entry and exit signals to maximize returns
Cathay Real Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cathay Real's price direction in advance. Along with the technical and fundamental analysis of Cathay Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cathay 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 | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.3821 |
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Additional Tools for Cathay Stock Analysis
When running Cathay Real's price analysis, check to measure Cathay Real'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 Cathay Real is operating at the current time. Most of Cathay Real's value examination focuses on studying past and present price action to predict the probability of Cathay Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay Real's price. Additionally, you may evaluate how the addition of Cathay Real to your portfolios can decrease your overall portfolio volatility.