Taiwan Chelic (Taiwan) Price on September 25, 2024
4555 Stock | TWD 39.00 0.75 1.96% |
If you're considering investing in Taiwan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taiwan Chelic stands at 39.00, as last reported on the 23rd of December, with the highest price reaching 41.00 and the lowest price hitting 38.15 during the day. Taiwan Chelic Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0277, which indicates the firm had a -0.0277% return per unit of risk over the last 3 months. Taiwan Chelic Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taiwan Chelic's Variance of 5.65, coefficient of variation of (1,978), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
Taiwan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taiwan |
Sharpe Ratio = -0.0277
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Negative Returns | 4555 |
Estimated Market Risk
2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taiwan Chelic 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 Taiwan Chelic by adding Taiwan Chelic to a well-diversified portfolio.
Taiwan Chelic Valuation on September 25, 2024
It is possible to determine the worth of Taiwan Chelic on a given historical date. On September 25, 2024 Taiwan was worth 41.85 at the beginning of the trading date compared to the closed value of 42.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiwan Chelic stock. Still, in general, we apply an absolute valuation method to find Taiwan Chelic'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 Taiwan Chelic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiwan Chelic's related companies.
Open | High | Low | Close | Volume | |
43.05 | 43.05 | 41.05 | 41.40 | 805,734 | |
09/25/2024 | 41.85 | 43.45 | 41.85 | 42.75 | 1,001,180 |
43.45 | 43.45 | 41.85 | 42.15 | 534,740 |
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Taiwan Chelic Trading Date Momentum on September 25, 2024
On September 26 2024 Taiwan Chelic Corp was traded for 42.15 at the closing time. The highest price during the trading period was 43.45 and the lowest recorded bid was listed for 41.85 . The volume for the day was 534.7 K. This history from September 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.40% . The trading price change to the current price is 0.82% . |
Taiwan Chelic Corp Fundamentals Correlations and Trends
By evaluating Taiwan Chelic'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 Taiwan Chelic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taiwan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taiwan Chelic Stock history
Taiwan Chelic 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 Taiwan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taiwan Chelic Corp 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 Taiwan Chelic stock prices may prove useful in developing a viable investing in Taiwan Chelic
Ltd. manufactures and sells pneumatic and electric actuator automation components in Taiwan and internationally. Ltd. was founded in 1986 and is headquartered in New Taipei City, Taiwan. TAIWAN CHELIC operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Taiwan Chelic Stock Technical Analysis
Taiwan Chelic 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
Taiwan Chelic Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Taiwan Chelic Corp 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.
Taiwan Chelic December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Taiwan Chelic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taiwan Chelic shares will generate the highest return on investment. By undertsting and applying Taiwan Chelic stock market strength indicators, traders can identify Taiwan Chelic Corp entry and exit signals to maximize returns
Taiwan Chelic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taiwan Chelic's price direction in advance. Along with the technical and fundamental analysis of Taiwan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taiwan 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 | (0.14) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | (0.45) |
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Additional Tools for Taiwan Stock Analysis
When running Taiwan Chelic's price analysis, check to measure Taiwan Chelic'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 Taiwan Chelic is operating at the current time. Most of Taiwan Chelic's value examination focuses on studying past and present price action to predict the probability of Taiwan Chelic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Chelic's price. Additionally, you may evaluate how the addition of Taiwan Chelic to your portfolios can decrease your overall portfolio volatility.