Yungshin Construction (Taiwan) Price on May 20, 2024

5508 Stock  TWD 164.50  1.00  0.60%   
If you're considering investing in Yungshin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Yungshin Construction stands at 164.50, as last reported on the 3rd of December, with the highest price reaching 168.00 and the lowest price hitting 164.00 during the day. Yungshin Construction shows Sharpe Ratio of -0.24, which attests that the company had a -0.24% return per unit of risk over the last 3 months. Yungshin Construction exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yungshin Construction's Standard Deviation of 3.05, market risk adjusted performance of (1.08), and Mean Deviation of 2.1 to validate the risk estimate we provide.
  
Yungshin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2372

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Estimated Market Risk

 2.94
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.7
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.24
  actual daily
0
Most of other assets perform better
Based on monthly moving average Yungshin Construction 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 Yungshin Construction by adding Yungshin Construction to a well-diversified portfolio.

Yungshin Construction Valuation on May 20, 2024

It is possible to determine the worth of Yungshin Construction on a given historical date. On May 20, 2024 Yungshin was worth 206.06 at the beginning of the trading date compared to the closed value of 191.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yungshin Construction stock. Still, in general, we apply an absolute valuation method to find Yungshin Construction'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 Yungshin Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yungshin Construction's related companies.
 Open High Low Close Volume
  206.06    208.91    197.99    205.11    7,282,000  
05/20/2024
  206.06    206.06    187.54    191.34    7,614,000  
  191.34    194.67    189.92    192.77    1,692,000  
Backtest Yungshin Construction  |  Yungshin Construction History  |  Yungshin Construction Valuation   PreviousNext  
Open Value
206.06
197.24
Downside
191.34
Closing Value
214.88
Upside

Yungshin Construction Trading Date Momentum on May 20, 2024

On May 21 2024 Yungshin Construction Development was traded for  192.77  at the closing time. The highest price during the trading period was 194.67  and the lowest recorded bid was listed for  189.92 . The volume for the day was 1.7 M. This history from May 21, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.75% . The trading price change to the current price is 1.24% .

Yungshin Construction Fundamentals Correlations and Trends

By evaluating Yungshin Construction'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 Yungshin Construction's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yungshin financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Yungshin Construction Stock history

Yungshin Construction 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 Yungshin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yungshin Construction 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 Yungshin Construction stock prices may prove useful in developing a viable investing in Yungshin Construction
Yungshin Construction Development Co., Ltd. engages in the construction and sale of residential and commercial buildings in Taiwan. The company was founded in 1987 and is based in Kaohsiung City, Taiwan. YUNSHIN CONSTRUCTION operates under Real Estate Services classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 45 people.

Yungshin Construction Stock Technical Analysis

Yungshin Construction 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.
A focus of Yungshin Construction technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Yungshin Construction trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Yungshin Construction Period Price Range

Low
December 3, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Yungshin Construction Development 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.

Yungshin Construction December 3, 2024 Market Strength

Market strength indicators help investors to evaluate how Yungshin Construction stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yungshin Construction shares will generate the highest return on investment. By undertsting and applying Yungshin Construction stock market strength indicators, traders can identify Yungshin Construction Development entry and exit signals to maximize returns

Yungshin Construction Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Yungshin Construction's price direction in advance. Along with the technical and fundamental analysis of Yungshin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yungshin 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.

Additional Tools for Yungshin Stock Analysis

When running Yungshin Construction's price analysis, check to measure Yungshin Construction'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 Yungshin Construction is operating at the current time. Most of Yungshin Construction's value examination focuses on studying past and present price action to predict the probability of Yungshin Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yungshin Construction's price. Additionally, you may evaluate how the addition of Yungshin Construction to your portfolios can decrease your overall portfolio volatility.