Founding Construction (Taiwan) Price on December 2, 2024
5533 Stock | TWD 20.95 0.35 1.64% |
If you're considering investing in Founding Stock, it is important to understand the factors that can impact its price. As of today, the current price of Founding Construction stands at 20.95, as last reported on the 11th of December 2024, with the highest price reaching 21.00 and the lowest price hitting 20.80 during the day. Founding Construction secures Sharpe Ratio (or Efficiency) of -0.0465, which denotes the company had a -0.0465% return per unit of risk over the last 3 months. Founding Construction Development exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Founding Construction's Coefficient Of Variation of 6611.37, downside deviation of 1.38, and Mean Deviation of 0.8928 to check the risk estimate we provide.
Founding Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Founding |
Sharpe Ratio = -0.0465
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Negative Returns | 5533 |
Estimated Market Risk
1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Founding 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 Founding Construction by adding Founding Construction to a well-diversified portfolio.
Founding Construction Valuation on December 2, 2024
It is possible to determine the worth of Founding Construction on a given historical date. On December 2, 2024 Founding was worth 20.9 at the beginning of the trading date compared to the closed value of 20.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Founding Construction stock. Still, in general, we apply an absolute valuation method to find Founding 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 Founding Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Founding Construction's related companies.
Open | High | Low | Close | Volume | |
20.65 | 20.95 | 20.55 | 20.90 | 107,022 | |
12/02/2024 | 20.90 | 20.95 | 20.80 | 20.90 | 318,146 |
21.00 | 21.05 | 20.90 | 21.05 | 131,498 |
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Founding Construction Trading Date Momentum on December 2, 2024
On December 03 2024 Founding Construction Development was traded for 21.05 at the closing time. The highest price during the trading period was 21.05 and the lowest recorded bid was listed for 20.90 . The volume for the day was 131.5 K. This history from December 3, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.72% . The overall trading delta to the current price is 0.00% . |
Founding Construction Fundamentals Correlations and Trends
By evaluating Founding 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 Founding Construction's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Founding financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Founding Construction Stock history
Founding 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 Founding is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Founding 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 Founding Construction stock prices may prove useful in developing a viable investing in Founding Construction
Founding Construction Development Co., Ltd. engages in the construction of senior housings and plant office buildings in Taiwan. The company was founded in 1991 and is based in Taipei City, Taiwan. FOUNDING CONSTRUCTION is traded on Taiwan Stock Exchange in Taiwan.
Founding Construction Stock Technical Analysis
Founding 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.
Price Boundaries
Founding Construction Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Founding Construction December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Founding 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 Founding Construction shares will generate the highest return on investment. By undertsting and applying Founding Construction stock market strength indicators, traders can identify Founding Construction Development entry and exit signals to maximize returns
Founding Construction Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Founding Construction's price direction in advance. Along with the technical and fundamental analysis of Founding Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Founding 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 | 0.0147 | |||
Jensen Alpha | 0.0086 | |||
Total Risk Alpha | (0.18) | |||
Sortino Ratio | (0.08) | |||
Treynor Ratio | (0.79) |
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Additional Tools for Founding Stock Analysis
When running Founding Construction's price analysis, check to measure Founding 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 Founding Construction is operating at the current time. Most of Founding Construction's value examination focuses on studying past and present price action to predict the probability of Founding 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 Founding Construction's price. Additionally, you may evaluate how the addition of Founding Construction to your portfolios can decrease your overall portfolio volatility.