Fubon Financial (Taiwan) Price on September 20, 2024
| 2881 Stock | TWD 92.00 0.50 0.55% |
If you're considering investing in Fubon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fubon Financial stands at 92.00, as last reported on the 11th of December 2024, with the highest price reaching 92.00 and the lowest price hitting 91.20 during the day. At this stage we consider Fubon Stock to be very steady. Fubon Financial Holding secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Fubon Financial Holding, which you can use to evaluate the volatility of the firm. Please confirm Fubon Financial's Downside Deviation of 1.17, semi deviation of 1.01, and Mean Deviation of 0.9203 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
Fubon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fubon |
Sharpe Ratio = 0.1053
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Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Fubon Financial is performing at about 8% 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 Fubon Financial by adding it to a well-diversified portfolio.
Fubon Financial Valuation on September 20, 2024
It is possible to determine the worth of Fubon Financial on a given historical date. On September 20, 2024 Fubon was worth 90.3 at the beginning of the trading date compared to the closed value of 90.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fubon Financial stock. Still, in general, we apply an absolute valuation method to find Fubon Financial'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 Fubon Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fubon Financial's related companies.
| Open | High | Low | Close | Volume | |
| 87.30 | 89.90 | 87.10 | 89.30 | 25,048,042 | |
09/20/2024 | 90.30 | 90.90 | 89.20 | 90.80 | 37,576,359 |
| 90.90 | 91.90 | 90.00 | 91.90 | 27,184,829 |
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Fubon Financial Trading Date Momentum on September 20, 2024
| On September 23 2024 Fubon Financial Holding was traded for 91.90 at the closing time. The highest price during the trading period was 91.90 and the lowest recorded bid was listed for 90.00 . The volume for the day was 27.2 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 1.21% . The overall trading delta to the current price is 0.66% . |
Fubon Financial Holding Fundamentals Correlations and Trends
By evaluating Fubon Financial'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 Fubon Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fubon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fubon Financial Stock history
Fubon Financial 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 Fubon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fubon Financial Holding 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 Fubon Financial stock prices may prove useful in developing a viable investing in Fubon Financial
Fubon Financial Holding Co., Ltd. provides various financial services in Taiwan, Asia, and internationally. Fubon Financial Holding Co., Ltd. was founded in 1961 and is based in Taipei, Taiwan. FUBON FINANCIAL is traded on Taiwan Stock Exchange in Taiwan.
Fubon Financial Stock Technical Analysis
Fubon Financial 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
Fubon Financial Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Fubon Financial Holding 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.
Fubon Financial December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Fubon Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fubon Financial shares will generate the highest return on investment. By undertsting and applying Fubon Financial stock market strength indicators, traders can identify Fubon Financial Holding entry and exit signals to maximize returns
Fubon Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fubon Financial's price direction in advance. Along with the technical and fundamental analysis of Fubon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fubon 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 | 0.0492 | |||
| Jensen Alpha | 0.0467 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.4611 |
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Additional Tools for Fubon Stock Analysis
When running Fubon Financial's price analysis, check to measure Fubon Financial'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 Fubon Financial is operating at the current time. Most of Fubon Financial's value examination focuses on studying past and present price action to predict the probability of Fubon Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fubon Financial's price. Additionally, you may evaluate how the addition of Fubon Financial to your portfolios can decrease your overall portfolio volatility.