FIT Holding (Taiwan) Price on July 17, 2023
If you're considering investing in FIT Stock, it is important to understand the factors that can impact its price. FIT Holding appears to be very steady, given 3 months investment horizon. FIT Holding secures Sharpe Ratio (or Efficiency) of 0.0891, which denotes the company had a 0.0891% return per unit of volatility over the last 3 months. We have found twenty-one technical indicators for FIT Holding Co, which you can use to evaluate the volatility of the firm. Please utilize FIT Holding's Market Risk Adjusted Performance of 0.7226, downside deviation of 2.06, and Mean Deviation of 1.7 to check if our risk estimates are consistent with your expectations.
FIT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FIT |
Sharpe Ratio = 0.0891
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 3712 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average FIT Holding is performing at about 7% 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 FIT Holding by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
FIT Holding Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
FIT Holding Co 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.
FIT Holding December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how FIT Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FIT Holding shares will generate the highest return on investment. By undertsting and applying FIT Holding stock market strength indicators, traders can identify FIT Holding Co entry and exit signals to maximize returns
FIT Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FIT Holding's price direction in advance. Along with the technical and fundamental analysis of FIT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FIT 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 | 0.0776 | |||
| Jensen Alpha | 0.2204 | |||
| Total Risk Alpha | 0.1528 | |||
| Sortino Ratio | 0.0997 | |||
| Treynor Ratio | 0.7126 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for FIT Stock Analysis
When running FIT Holding's price analysis, check to measure FIT Holding'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 FIT Holding is operating at the current time. Most of FIT Holding's value examination focuses on studying past and present price action to predict the probability of FIT Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FIT Holding's price. Additionally, you may evaluate how the addition of FIT Holding to your portfolios can decrease your overall portfolio volatility.