Gold Rain (Taiwan) Price on July 31, 2023
| 4503 Stock | TWD 54.10 0.20 0.37% |
If you're considering investing in Gold Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gold Rain stands at 54.10, as last reported on the 21st of December, with the highest price reaching 54.90 and the lowest price hitting 52.40 during the day. At this stage we consider Gold Stock to be very steady. Gold Rain Enterprises holds Efficiency (Sharpe) Ratio of 0.0169, which attests that the entity had a 0.0169% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Gold Rain Enterprises, which you can use to evaluate the volatility of the firm. Please check out Gold Rain's Downside Deviation of 1.48, risk adjusted performance of 0.0794, and Market Risk Adjusted Performance of (0.40) to validate if the risk estimate we provide is consistent with the expected return of 0.0322%.
Gold Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gold |
Sharpe Ratio = 0.0169
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 4503 |
Estimated Market Risk
| 1.91 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Gold Rain is performing at about 1% 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 Gold Rain by adding it to a well-diversified portfolio.
Gold Rain Valuation on July 31, 2023
It is possible to determine the worth of Gold Rain on a given historical date. On July 31, 2023 Gold was worth 76.0 at the beginning of the trading date compared to the closed value of 72.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gold Rain stock. Still, in general, we apply an absolute valuation method to find Gold Rain'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 Gold Rain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gold Rain's related companies.
| Open | High | Low | Close | Volume | |
| 79.10 | 79.20 | 74.40 | 75.20 | 2,241,000 | |
07/31/2023 | 76.00 | 76.20 | 72.00 | 72.00 | 1,579,000 |
| 71.30 | 72.90 | 67.50 | 68.80 | 2,092,000 |
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Gold Rain Trading Date Momentum on July 31, 2023
| On August 01 2023 Gold Rain Enterprises was traded for 68.80 at the closing time. The highest price during the trading period was 72.90 and the lowest recorded bid was listed for 67.50 . The volume for the day was 2.1 M. This history from August 1, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 4.44% . The overall trading delta to the current price is 9.03% . |
Gold Rain Enterprises Fundamentals Correlations and Trends
By evaluating Gold Rain'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 Gold Rain's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gold financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gold Rain Stock history
Gold Rain 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 Gold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gold Rain Enterprises 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 Gold Rain stock prices may prove useful in developing a viable investing in Gold Rain
Gold Rain Stock Technical Analysis
Gold Rain 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
Gold Rain Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Gold Rain Enterprises 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.
Gold Rain December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Gold Rain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gold Rain shares will generate the highest return on investment. By undertsting and applying Gold Rain stock market strength indicators, traders can identify Gold Rain Enterprises entry and exit signals to maximize returns
Gold Rain Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gold Rain's price direction in advance. Along with the technical and fundamental analysis of Gold Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gold 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 | 0.0794 | |||
| Jensen Alpha | 0.207 | |||
| Total Risk Alpha | 0.1336 | |||
| Sortino Ratio | 0.1174 | |||
| Treynor Ratio | (0.41) |
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Additional Tools for Gold Stock Analysis
When running Gold Rain's price analysis, check to measure Gold Rain'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 Gold Rain is operating at the current time. Most of Gold Rain's value examination focuses on studying past and present price action to predict the probability of Gold Rain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Rain's price. Additionally, you may evaluate how the addition of Gold Rain to your portfolios can decrease your overall portfolio volatility.