Rechi Precision (Taiwan) Price on November 9, 2024
| 4532 Stock | TWD 26.40 0.20 0.75% |
If you're considering investing in Rechi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rechi Precision stands at 26.40, as last reported on the 3rd of December, with the highest price reaching 26.90 and the lowest price hitting 26.40 during the day. At this stage we consider Rechi Stock to be very steady. Rechi Precision maintains Sharpe Ratio (i.e., Efficiency) of 0.0638, which implies the firm had a 0.0638% return per unit of risk over the last 3 months. We have found thirty technical indicators for Rechi Precision, which you can use to evaluate the volatility of the company. Please check Rechi Precision's Coefficient Of Variation of 2148.07, semi deviation of 1.58, and Risk Adjusted Performance of 0.0411 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Rechi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rechi |
Sharpe Ratio = 0.0638
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| Cash | Small Risk | 4532 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Rechi Precision is performing at about 5% 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 Rechi Precision by adding it to a well-diversified portfolio.
Rechi Precision Valuation on November 9, 2024
It is possible to determine the worth of Rechi Precision on a given historical date. On November 9, 2024 Rechi was worth 27.55 at the beginning of the trading date compared to the closed value of 26.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rechi Precision stock. Still, in general, we apply an absolute valuation method to find Rechi Precision'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 Rechi Precision where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rechi Precision's related companies.
| Open | High | Low | Close | Volume | |
| 26.35 | 27.10 | 26.35 | 27.05 | 1,403,520 | |
11/08/2024 | 27.55 | 27.75 | 26.80 | 26.80 | 1,849,304 |
| 27.10 | 27.20 | 26.60 | 27.10 | 805,810 |
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Rechi Precision Trading Date Momentum on November 9, 2024
| On November 11 2024 Rechi Precision Co was traded for 27.10 at the closing time. The highest price during the trading period was 27.20 and the lowest recorded bid was listed for 26.60 . The volume for the day was 805.8 K. This history from November 11, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.12% . The trading delta at closing time to the current price is 0.75% . |
Rechi Precision Fundamentals Correlations and Trends
By evaluating Rechi Precision'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 Rechi Precision's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rechi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rechi Precision Stock history
Rechi Precision 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 Rechi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rechi Precision 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 Rechi Precision stock prices may prove useful in developing a viable investing in Rechi Precision
Rechi Precision Co., Ltd. develops, produces, and sells compressors in Taiwan and internationally. The company was founded in 1989 and is headquartered in Taoyuan City, Taiwan. RECHI PRECISION operates under Specialty Industrial Machinery classification in Taiwan and is traded on Taiwan Stock Exchange.
Rechi Precision Stock Technical Analysis
Rechi Precision 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
Rechi Precision Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Rechi Precision 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.
Rechi Precision December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Rechi Precision stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rechi Precision shares will generate the highest return on investment. By undertsting and applying Rechi Precision stock market strength indicators, traders can identify Rechi Precision Co entry and exit signals to maximize returns
Rechi Precision Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rechi Precision's price direction in advance. Along with the technical and fundamental analysis of Rechi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rechi 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 | 0.0411 | |||
| Jensen Alpha | 0.0514 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.4534 |
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Additional Tools for Rechi Stock Analysis
When running Rechi Precision's price analysis, check to measure Rechi Precision'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 Rechi Precision is operating at the current time. Most of Rechi Precision's value examination focuses on studying past and present price action to predict the probability of Rechi Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rechi Precision's price. Additionally, you may evaluate how the addition of Rechi Precision to your portfolios can decrease your overall portfolio volatility.