Shieh Yih (Taiwan) Price on February 16, 2024
4533 Stock | TWD 38.20 1.50 3.78% |
If you're considering investing in Shieh Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shieh Yih stands at 38.20, as last reported on the 27th of December, with the highest price reaching 40.00 and the lowest price hitting 38.10 during the day. Shieh Yih Machinery owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0213, which indicates the firm had a -0.0213% return per unit of risk over the last 3 months. Shieh Yih Machinery exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shieh Yih's Coefficient Of Variation of (2,189), risk adjusted performance of (0.03), and Variance of 5.17 to confirm the risk estimate we provide.
Shieh Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shieh |
Sharpe Ratio = -0.0213
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 4533 |
Estimated Market Risk
2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shieh Yih 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 Shieh Yih by adding Shieh Yih to a well-diversified portfolio.
Shieh Yih Valuation on February 16, 2024
It is possible to determine the worth of Shieh Yih on a given historical date. On February 16, 2024 Shieh was worth 23.55 at the beginning of the trading date compared to the closed value of 24.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shieh Yih stock. Still, in general, we apply an absolute valuation method to find Shieh Yih'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 Shieh Yih where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shieh Yih's related companies.
Open | High | Low | Close | Volume | |
23.06 | 23.50 | 22.58 | 23.50 | 883,000 | |
02/16/2024 | 23.55 | 24.28 | 23.55 | 24.28 | 1,250,000 |
24.43 | 25.01 | 24.19 | 24.82 | 1,931,000 |
Backtest Shieh Yih | | | Shieh Yih History | | | Shieh Yih Valuation | Previous | Next |
Shieh Yih Trading Date Momentum on February 16, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Shieh Yih Machinery Fundamentals Correlations and Trends
By evaluating Shieh Yih'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 Shieh Yih's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shieh financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shieh Yih Stock history
Shieh Yih 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 Shieh is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shieh Yih Machinery 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 Shieh Yih stock prices may prove useful in developing a viable investing in Shieh Yih
Shieh Yih Stock Technical Analysis
Shieh Yih 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
Shieh Yih Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Shieh Yih Machinery 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.
Shieh Yih December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Shieh Yih stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shieh Yih shares will generate the highest return on investment. By undertsting and applying Shieh Yih stock market strength indicators, traders can identify Shieh Yih Machinery entry and exit signals to maximize returns
Shieh Yih Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shieh Yih's price direction in advance. Along with the technical and fundamental analysis of Shieh Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shieh 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 | (0.03) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (0.47) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Shieh Stock Analysis
When running Shieh Yih's price analysis, check to measure Shieh Yih'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 Shieh Yih is operating at the current time. Most of Shieh Yih's value examination focuses on studying past and present price action to predict the probability of Shieh Yih's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shieh Yih's price. Additionally, you may evaluate how the addition of Shieh Yih to your portfolios can decrease your overall portfolio volatility.