Taichung Commercial (Taiwan) Price on September 20, 2024
| 2812 Stock | TWD 18.75 0.05 0.27% |
If you're considering investing in Taichung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taichung Commercial stands at 18.75, as last reported on the 1st of December, with the highest price reaching 18.80 and the lowest price hitting 18.40 during the day. At this stage we consider Taichung Stock to be very steady. Taichung Commercial Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0523, which indicates the firm had a 0.0523% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Taichung Commercial Bank, which you can use to evaluate the volatility of the company. Please validate Taichung Commercial's Semi Deviation of 0.5142, coefficient of variation of 983.74, and Risk Adjusted Performance of 0.0782 to confirm if the risk estimate we provide is consistent with the expected return of 0.041%.
Taichung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taichung |
Sharpe Ratio = 0.0523
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2812 |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Taichung Commercial is performing at about 4% 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 Taichung Commercial by adding it to a well-diversified portfolio.
Taichung Commercial Valuation on September 20, 2024
It is possible to determine the worth of Taichung Commercial on a given historical date. On September 20, 2024 Taichung was worth 18.25 at the beginning of the trading date compared to the closed value of 18.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taichung Commercial stock. Still, in general, we apply an absolute valuation method to find Taichung Commercial'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 Taichung Commercial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taichung Commercial's related companies.
| Open | High | Low | Close | Volume | |
| 18.15 | 18.20 | 18.05 | 18.20 | 2,850,915 | |
09/20/2024 | 18.25 | 18.30 | 18.15 | 18.30 | 4,004,621 |
| 18.35 | 18.45 | 18.25 | 18.35 | 2,936,002 |
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Taichung Commercial Trading Date Momentum on September 20, 2024
| On September 23 2024 Taichung Commercial Bank was traded for 18.35 at the closing time. The highest price during the trading period was 18.45 and the lowest recorded bid was listed for 18.25 . The volume for the day was 2.9 M. This history from September 23, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.27% . The trading price change to the current price is 1.09% . |
Taichung Commercial Bank Fundamentals Correlations and Trends
By evaluating Taichung Commercial'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 Taichung Commercial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taichung financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taichung Commercial Stock history
Taichung Commercial 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 Taichung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taichung Commercial Bank 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 Taichung Commercial stock prices may prove useful in developing a viable investing in Taichung Commercial
Taichung Commercial Bank Co., Ltd. provides various banking products and services in Taiwan. Taichung Commercial Bank Co., Ltd. was founded in 1952 and is headquartered in Taichung, Taiwan. TAICHUNG COMMERCIAL operates under BanksRegional classification in Taiwan and is traded on Taiwan Stock Exchange.
Taichung Commercial Stock Technical Analysis
Taichung Commercial 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
Taichung Commercial Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Taichung Commercial Bank 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.
Taichung Commercial December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Taichung Commercial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taichung Commercial shares will generate the highest return on investment. By undertsting and applying Taichung Commercial stock market strength indicators, traders can identify Taichung Commercial Bank entry and exit signals to maximize returns
Taichung Commercial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taichung Commercial's price direction in advance. Along with the technical and fundamental analysis of Taichung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taichung 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 | 0.0782 | |||
| Jensen Alpha | 0.0699 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 4.44 |
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Additional Tools for Taichung Stock Analysis
When running Taichung Commercial's price analysis, check to measure Taichung Commercial'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 Taichung Commercial is operating at the current time. Most of Taichung Commercial's value examination focuses on studying past and present price action to predict the probability of Taichung Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taichung Commercial's price. Additionally, you may evaluate how the addition of Taichung Commercial to your portfolios can decrease your overall portfolio volatility.