Taiwan Chinsan (Taiwan) Price on September 8, 2023
| 8042 Stock | TWD 45.70 0.65 1.40% |
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 Chinsan stands at 45.70, as last reported on the 12th of December 2024, with the highest price reaching 47.30 and the lowest price hitting 44.65 during the day. Taiwan Chinsan appears to be very steady, given 3 months investment horizon. Taiwan Chinsan Electronic owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Taiwan Chinsan's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please review Taiwan Chinsan's Semi Deviation of 2.0, risk adjusted performance of 0.1111, and Coefficient Of Variation of 699.39 to confirm if our risk estimates are consistent with your expectations.
Taiwan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taiwan |
Sharpe Ratio = 0.1517
| Best Portfolio | Best Equity | |||
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| Small Returns | 8042 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.47 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Taiwan Chinsan is performing at about 11% 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 Taiwan Chinsan by adding it to a well-diversified portfolio.
Taiwan Chinsan Valuation on September 8, 2023
It is possible to determine the worth of Taiwan Chinsan on a given historical date. On September 8, 2023 Taiwan was worth 34.8 at the beginning of the trading date compared to the closed value of 34.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiwan Chinsan stock. Still, in general, we apply an absolute valuation method to find Taiwan Chinsan'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 Chinsan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiwan Chinsan's related companies.
| Open | High | Low | Close | Volume | |
| 34.80 | 34.80 | 34.80 | 34.80 | 27,000 | |
09/08/2023 | 34.80 | 34.95 | 34.80 | 34.95 | 5,000 |
| 35.05 | 35.05 | 34.90 | 34.90 | 14,000 |
| Backtest Taiwan Chinsan | | | Taiwan Chinsan History | | | Taiwan Chinsan Valuation | Previous | Next |
Taiwan Chinsan Trading Date Momentum on September 8, 2023
| On September 11 2023 Taiwan Chinsan Electronic was traded for 34.90 at the closing time. The highest price during the trading period was 35.05 and the lowest recorded bid was listed for 34.90 . The volume for the day was 14 K. This history from September 11, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.14% . The trading price change to the current price is 1.43% . |
Taiwan Chinsan Electronic Fundamentals Correlations and Trends
By evaluating Taiwan Chinsan'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 Chinsan'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 Chinsan Stock history
Taiwan Chinsan 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 Chinsan Electronic 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 Chinsan stock prices may prove useful in developing a viable investing in Taiwan Chinsan
Taiwan Chinsan Electronic Industrial Co., Ltd. designs, manufactures, and distributes electrolytic capacitors in Taiwan and internationally. Taiwan Chinsan Electronic Industrial Co., Ltd. was founded in 1970 and is based in New Taipei City, Taiwan. TAIWAN CHINSAN operates under Electronic Components classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 2288 people.
Taiwan Chinsan Stock Technical Analysis
Taiwan Chinsan 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 Chinsan Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Taiwan Chinsan Electronic 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.
Taiwan Chinsan December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Taiwan Chinsan 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 Chinsan shares will generate the highest return on investment. By undertsting and applying Taiwan Chinsan stock market strength indicators, traders can identify Taiwan Chinsan Electronic entry and exit signals to maximize returns
Taiwan Chinsan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taiwan Chinsan'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 | 0.1111 | |||
| Jensen Alpha | 0.397 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1112 | |||
| Treynor Ratio | 0.7205 |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Taiwan Stock Analysis
When running Taiwan Chinsan's price analysis, check to measure Taiwan Chinsan'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 Chinsan is operating at the current time. Most of Taiwan Chinsan's value examination focuses on studying past and present price action to predict the probability of Taiwan Chinsan'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 Chinsan's price. Additionally, you may evaluate how the addition of Taiwan Chinsan to your portfolios can decrease your overall portfolio volatility.