Shih Kuen (Taiwan) Price on October 8, 2024
| 4305 Stock | TWD 41.90 0.50 1.18% |
If you're considering investing in Shih Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shih Kuen stands at 41.90, as last reported on the 21st of December, with the highest price reaching 41.90 and the lowest price hitting 41.90 during the day. Shih Kuen Plastics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Shih Kuen Plastics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shih Kuen's Variance of 1.26, coefficient of variation of (702.98), and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide.
Shih Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shih |
Sharpe Ratio = -0.1403
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| Negative Returns | 4305 |
Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shih Kuen 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 Shih Kuen by adding Shih Kuen to a well-diversified portfolio.
Shih Kuen Valuation on October 8, 2024
It is possible to determine the worth of Shih Kuen on a given historical date. On October 8, 2024 Shih was worth 48.1 at the beginning of the trading date compared to the closed value of 48.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shih Kuen stock. Still, in general, we apply an absolute valuation method to find Shih Kuen'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 Shih Kuen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shih Kuen's related companies.
| Open | High | Low | Close | Volume | |
| 48.10 | 48.10 | 48.10 | 48.10 | 1.00 | |
10/08/2024 | 48.10 | 48.10 | 48.10 | 48.10 | 1.00 |
| 46.00 | 46.45 | 45.95 | 46.10 | 68,286 |
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Shih Kuen Trading Date Momentum on October 8, 2024
| On October 09 2024 Shih Kuen Plastics was traded for 46.10 at the closing time. The highest price during the trading period was 46.45 and the lowest recorded bid was listed for 45.95 . The volume for the day was 68.3 K. This history from October 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 4.16% . The trading price change to the current price is 4.16% . |
Shih Kuen Plastics Fundamentals Correlations and Trends
By evaluating Shih Kuen'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 Shih Kuen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shih financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shih Kuen Stock history
Shih Kuen 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 Shih is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shih Kuen Plastics 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 Shih Kuen stock prices may prove useful in developing a viable investing in Shih Kuen
Shih-Kuen Plastics Co., Ltd. produces and supplies plastic sheets. The company was founded in 1986 and is based in Tainan City, Taiwan. SHIH KUEN operates under Rubber Plastics classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 117 people.
Shih Kuen Stock Technical Analysis
Shih Kuen 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
Shih Kuen Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Shih Kuen Plastics 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.
Shih Kuen December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Shih Kuen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shih Kuen shares will generate the highest return on investment. By undertsting and applying Shih Kuen stock market strength indicators, traders can identify Shih Kuen Plastics entry and exit signals to maximize returns
Shih Kuen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shih Kuen's price direction in advance. Along with the technical and fundamental analysis of Shih Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shih 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 | (0.11) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 2.78 |
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Additional Tools for Shih Stock Analysis
When running Shih Kuen's price analysis, check to measure Shih Kuen'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 Shih Kuen is operating at the current time. Most of Shih Kuen's value examination focuses on studying past and present price action to predict the probability of Shih Kuen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shih Kuen's price. Additionally, you may evaluate how the addition of Shih Kuen to your portfolios can decrease your overall portfolio volatility.