Drewloong Precision (Taiwan) Price on September 27, 2024
| 4572 Stock | TWD 151.00 3.00 1.95% |
If you're considering investing in Drewloong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Drewloong Precision stands at 151.00, as last reported on the 14th of December 2024, with the highest price reaching 154.00 and the lowest price hitting 150.00 during the day. Drewloong Precision secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the company had a -0.1% return per unit of standard deviation over the last 3 months. Drewloong Precision exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Drewloong Precision's Standard Deviation of 1.11, coefficient of variation of (1,639), and Mean Deviation of 0.7321 to check the risk estimate we provide.
Drewloong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Drewloong |
Sharpe Ratio = -0.1
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 4572 |
Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Drewloong Precision 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 Drewloong Precision by adding Drewloong Precision to a well-diversified portfolio.
Drewloong Precision Valuation on September 27, 2024
It is possible to determine the worth of Drewloong Precision on a given historical date. On September 27, 2024 Drewloong was worth 161.0 at the beginning of the trading date compared to the closed value of 159.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Drewloong Precision stock. Still, in general, we apply an absolute valuation method to find Drewloong 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 Drewloong Precision where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Drewloong Precision's related companies.
| Open | High | Low | Close | Volume | |
| 160.50 | 163.00 | 159.50 | 160.50 | 128,178 | |
09/27/2024 | 161.00 | 162.00 | 158.50 | 159.00 | 89,936 |
| 159.00 | 159.00 | 157.50 | 158.50 | 78,150 |
| Backtest Drewloong Precision | | | Drewloong Precision History | | | Drewloong Precision Valuation | Previous | Next |
Drewloong Precision Trading Date Momentum on September 27, 2024
| On September 30 2024 Drewloong Precision was traded for 158.50 at the closing time. The highest price during the trading period was 159.00 and the lowest recorded bid was listed for 157.50 . The volume for the day was 78.2 K. This history from September 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.31% . The overall trading delta to the current price is 1.26% . |
Drewloong Precision Fundamentals Correlations and Trends
By evaluating Drewloong 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 Drewloong Precision's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Drewloong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Drewloong Precision Stock history
Drewloong 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 Drewloong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Drewloong 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 Drewloong Precision stock prices may prove useful in developing a viable investing in Drewloong Precision
Drewloong Precision, Inc. produces and sells aero structural and engine parts, landing gear parts, and special tools to aircraft manufacturers. The company was founded in 1990 and is headquartered in Kaohsiung City, Taiwan. DREWLOONG PRECISION is traded on Taiwan Stock Exchange in Taiwan.
Drewloong Precision Stock Technical Analysis
Drewloong 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
Drewloong Precision Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Drewloong Precision 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.
Drewloong Precision December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Drewloong 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 Drewloong Precision shares will generate the highest return on investment. By undertsting and applying Drewloong Precision stock market strength indicators, traders can identify Drewloong Precision entry and exit signals to maximize returns
Drewloong Precision Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Drewloong Precision's price direction in advance. Along with the technical and fundamental analysis of Drewloong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Drewloong 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 | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.24) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Drewloong Stock Analysis
When running Drewloong Precision's price analysis, check to measure Drewloong 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 Drewloong Precision is operating at the current time. Most of Drewloong Precision's value examination focuses on studying past and present price action to predict the probability of Drewloong 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 Drewloong Precision's price. Additionally, you may evaluate how the addition of Drewloong Precision to your portfolios can decrease your overall portfolio volatility.