China Bills (Taiwan) Price on November 8, 2024
| 2820 Stock | TWD 15.40 0.10 0.65% |
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China Bills stands at 15.40, as last reported on the 11th of December 2024, with the highest price reaching 15.40 and the lowest price hitting 15.30 during the day. At this stage we consider China Stock to be very steady. China Bills Finance secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China Bills Finance, which you can use to evaluate the volatility of the firm. Please confirm China Bills' Coefficient Of Variation of 607.93, mean deviation of 0.2409, and Risk Adjusted Performance of 0.1075 to double-check if the risk estimate we provide is consistent with the expected return of 0.043%.
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.1272
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2820 |
Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average China Bills is performing at about 10% 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 China Bills by adding it to a well-diversified portfolio.
China Bills Valuation on November 8, 2024
It is possible to determine the worth of China Bills on a given historical date. On November 8, 2024 China was worth 15.0 at the beginning of the trading date compared to the closed value of 15.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Bills stock. Still, in general, we apply an absolute valuation method to find China Bills' 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 China Bills where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Bills' related companies.
| Open | High | Low | Close | Volume | |
| 14.90 | 14.95 | 14.90 | 14.90 | 505,920 | |
11/08/2024 | 15.00 | 15.05 | 14.95 | 15.00 | 892,461 |
| 15.00 | 15.00 | 14.95 | 15.00 | 382,032 |
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China Bills Trading Date Momentum on November 8, 2024
| On November 11 2024 China Bills Finance was traded for 15.00 at the closing time. The highest price during the trading period was 15.00 and the lowest recorded bid was listed for 14.95 . The volume for the day was 382 K. This history from November 11, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
China Bills Finance Fundamentals Correlations and Trends
By evaluating China Bills' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among China Bills' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China Bills Stock history
China Bills 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Bills Finance 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 China Bills stock prices may prove useful in developing a viable investing in China Bills
China Bills Finance Corporation provides various financial services in Taiwan. China Bills Finance Corporation was incorporated in 1978 and is headquartered in Taipei City, Taiwan. CHINA BILLS operates under Capital Markets classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 157 people.
China Bills Stock Technical Analysis
China Bills 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
China Bills Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
China Bills Finance 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.
China Bills December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how China Bills stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Bills shares will generate the highest return on investment. By undertsting and applying China Bills stock market strength indicators, traders can identify China Bills Finance entry and exit signals to maximize returns
China Bills Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Bills' price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China 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 | 0.1075 | |||
| Jensen Alpha | 0.0545 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | (0.59) |
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| Volume Indicators |
Additional Tools for China Stock Analysis
When running China Bills' price analysis, check to measure China Bills' 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 China Bills is operating at the current time. Most of China Bills' value examination focuses on studying past and present price action to predict the probability of China Bills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Bills' price. Additionally, you may evaluate how the addition of China Bills to your portfolios can decrease your overall portfolio volatility.