I Sheng (Taiwan) Price on November 4, 2024
| 6115 Stock | TWD 52.30 0.10 0.19% |
If you're considering investing in 6115 Stock, it is important to understand the factors that can impact its price. As of today, the current price of I Sheng stands at 52.30, as last reported on the 11th of December 2024, with the highest price reaching 52.50 and the lowest price hitting 52.30 during the day. At this stage we consider 6115 Stock to be very steady. I Sheng Electric holds Efficiency (Sharpe) Ratio of 0.0434, which attests that the company had a 0.0434% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for I Sheng Electric, which you can use to evaluate the volatility of the entity. Please check out I Sheng's market risk adjusted performance of 0.2648, and Semi Deviation of 0.4164 to validate if the risk estimate we provide is consistent with the expected return of 0.0193%.
6115 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
6115 |
Sharpe Ratio = 0.0434
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6115 |
Estimated Market Risk
| 0.44 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average I Sheng is performing at about 3% of its full potential. 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 I Sheng by adding it to a well-diversified portfolio.
I Sheng Valuation on November 4, 2024
It is possible to determine the worth of I Sheng on a given historical date. On November 4, 2024 6115 was worth 52.5 at the beginning of the trading date compared to the closed value of 52.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of I Sheng stock. Still, in general, we apply an absolute valuation method to find I Sheng'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 I Sheng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against I Sheng's related companies.
| Open | High | Low | Close | Volume | |
| 52.20 | 53.00 | 52.20 | 52.50 | 50,145 | |
11/04/2024 | 52.50 | 52.80 | 52.40 | 52.50 | 44,000 |
| 52.50 | 53.40 | 52.50 | 52.80 | 69,719 |
| Backtest I Sheng | | | I Sheng History | | | I Sheng Valuation | Previous | Next |
I Sheng Trading Date Momentum on November 4, 2024
| On November 05 2024 I Sheng Electric Wire was traded for 52.80 at the closing time. The highest price during the trading period was 53.40 and the lowest recorded bid was listed for 52.50 . The volume for the day was 69.7 K. This history from November 5, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.57% . The trading delta at closing time to the current price is 0.76% . |
I Sheng Electric Fundamentals Correlations and Trends
By evaluating I Sheng'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 I Sheng's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 6115 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About I Sheng Stock history
I Sheng 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 6115 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in I Sheng Electric 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 I Sheng stock prices may prove useful in developing a viable investing in I Sheng
I-Sheng Electric Wire Cable Co., Ltd. provides plugs and connectors, power supply cords, LAN cables, and electronic signal cables in Taiwan and internationally. The company was founded in 1973 and is based in Taoyuan City, Taiwan. I SHENG operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
I Sheng Stock Technical Analysis
I Sheng 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
I Sheng Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
I Sheng Electric Wire 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.
I Sheng December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how I Sheng stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading I Sheng shares will generate the highest return on investment. By undertsting and applying I Sheng stock market strength indicators, traders can identify I Sheng Electric Wire entry and exit signals to maximize returns
I Sheng Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for I Sheng's price direction in advance. Along with the technical and fundamental analysis of 6115 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 6115 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 | 0.0187 | |||
| Jensen Alpha | 0.0031 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 0.2548 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for 6115 Stock Analysis
When running I Sheng's price analysis, check to measure I Sheng'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 I Sheng is operating at the current time. Most of I Sheng's value examination focuses on studying past and present price action to predict the probability of I Sheng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move I Sheng's price. Additionally, you may evaluate how the addition of I Sheng to your portfolios can decrease your overall portfolio volatility.