Chinese Maritime (Taiwan) Price on November 28, 2024

2612 Stock  TWD 42.50  0.35  0.83%   
If you're considering investing in Chinese Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chinese Maritime stands at 42.50, as last reported on the 11th of December 2024, with the highest price reaching 43.20 and the lowest price hitting 42.25 during the day. At this stage we consider Chinese Stock to be very steady. Chinese Maritime Tra secures Sharpe Ratio (or Efficiency) of 0.037, which signifies that the company had a 0.037% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Chinese Maritime Transport, which you can use to evaluate the volatility of the firm. Please confirm Chinese Maritime's Downside Deviation of 1.52, risk adjusted performance of 0.0233, and Mean Deviation of 1.09 to double-check if the risk estimate we provide is consistent with the expected return of 0.0617%.
  
Chinese Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.037

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Estimated Market Risk

 1.67
  actual daily
14
86% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
2
98% of assets perform better
Based on monthly moving average Chinese Maritime is performing at about 2% of its full potential. 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 Chinese Maritime by adding it to a well-diversified portfolio.

Chinese Maritime Valuation on November 28, 2024

It is possible to determine the worth of Chinese Maritime on a given historical date. On November 28, 2024 Chinese was worth 43.2 at the beginning of the trading date compared to the closed value of 43.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chinese Maritime stock. Still, in general, we apply an absolute valuation method to find Chinese Maritime'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 Chinese Maritime where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chinese Maritime's related companies.
 Open High Low Close Volume
  44.90    45.10    43.20    43.35    548,579  
11/28/2024
  43.20    43.35    42.55    43.15    243,938  
  42.75    43.30    42.75    43.00    208,943  
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Open Value
43.2
43.15
Closing Value
48.21
Upside

Chinese Maritime Trading Date Momentum on November 28, 2024

On November 29 2024 Chinese Maritime Transport was traded for  43.00  at the closing time. The highest price during the trading period was 43.30  and the lowest recorded bid was listed for  42.75 . The volume for the day was 208.9 K. This history from November 29, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.35% . The overall trading delta to the current price is 2.09% .

Chinese Maritime Tra Fundamentals Correlations and Trends

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

About Chinese Maritime Stock history

Chinese Maritime 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 Chinese is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chinese Maritime Tra 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 Chinese Maritime stock prices may prove useful in developing a viable investing in Chinese Maritime
Chinese Maritime Transport Ltd., through its subsidiaries, operates bulk carriers, and inland container transportation and terminals in Taiwan and internationally. Chinese Maritime Transport Ltd. was incorporated in 1978 and is headquartered in Taipei, Taiwan. CHINESE MARITIME operates under Shipping Ports classification in Taiwan and is traded on Taiwan Stock Exchange.

Chinese Maritime Stock Technical Analysis

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

Chinese Maritime Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Chinese Maritime Transport 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.

Chinese Maritime December 11, 2024 Market Strength

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

Chinese Maritime Technical and Predictive Indicators

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

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