Xin Chio (Taiwan) Price on May 30, 2023

3171 Stock  TWD 35.50  0.05  0.14%   
If you're considering investing in Xin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xin Chio stands at 35.50, as last reported on the 20th of December, with the highest price reaching 35.50 and the lowest price hitting 35.50 during the day. Xin Chio Global shows Sharpe Ratio of -0.0977, which attests that the company had a -0.0977% return per unit of risk over the last 3 months. Xin Chio Global exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xin Chio's Market Risk Adjusted Performance of (0.28), mean deviation of 1.42, and Standard Deviation of 3.36 to validate the risk estimate we provide.
  
Xin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0977

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Estimated Market Risk

 3.41
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.33
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Xin Chio 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 Xin Chio by adding Xin Chio to a well-diversified portfolio.

Xin Chio Valuation on May 30, 2023

It is possible to determine the worth of Xin Chio on a given historical date. On May 30, 2023 Xin was worth 29.97 at the beginning of the trading date compared to the closed value of 29.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xin Chio stock. Still, in general, we apply an absolute valuation method to find Xin Chio'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 Xin Chio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xin Chio's related companies.
 Open High Low Close Volume
  29.81    30.45    29.73    29.97    6,000  
05/30/2023
  29.97    29.97    29.49    29.65    21,500  
  29.49    29.57    29.25    29.41    17,500  
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Open Value
29.97
29.65
Closing Value
40.20
Upside

Xin Chio Trading Date Momentum on May 30, 2023

On May 31 2023 Xin Chio Global was traded for  29.41  at the closing time. The highest price during the trading period was 29.57  and the lowest recorded bid was listed for  29.25 . The volume for the day was 17.5 K. This history from May 31, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.81% . The trading price change to the current price is 1.62% .

Xin Chio Global Fundamentals Correlations and Trends

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

About Xin Chio Stock history

Xin Chio 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 Xin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xin Chio Global 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 Xin Chio stock prices may prove useful in developing a viable investing in Xin Chio

Xin Chio Stock Technical Analysis

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

Xin Chio Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Xin Chio Global cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.

Xin Chio December 20, 2024 Market Strength

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

Xin Chio Technical and Predictive Indicators

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

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