Wah Hong (Taiwan) Price on April 18, 2024
If you're considering investing in Wah Stock, it is important to understand the factors that can impact its price. Wah Hong appears to be very steady, given 3 months investment horizon. Wah Hong Industrial shows Sharpe Ratio of 0.0717, which attests that the company had a 0.0717% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Wah Hong Industrial, which you can use to evaluate the volatility of the company. Please utilize Wah Hong's Mean Deviation of 2.86, downside deviation of 3.9, and Market Risk Adjusted Performance of 0.1608 to validate if our risk estimates are consistent with your expectations.
Wah Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wah |
Sharpe Ratio = 0.0717
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 8240 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.11 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Wah Hong is performing at about 5% 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 Wah Hong by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Wah Hong Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Wah Hong Industrial 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.
Wah Hong December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Wah Hong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wah Hong shares will generate the highest return on investment. By undertsting and applying Wah Hong stock market strength indicators, traders can identify Wah Hong Industrial entry and exit signals to maximize returns
Wah Hong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wah Hong's price direction in advance. Along with the technical and fundamental analysis of Wah Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wah 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 | 0.0649 | |||
| Jensen Alpha | 0.2426 | |||
| Total Risk Alpha | 0.1695 | |||
| Sortino Ratio | 0.0673 | |||
| Treynor Ratio | 0.1508 |
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| Math Transform | ||
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| Statistic Functions | ||
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| Volume Indicators |
Additional Tools for Wah Stock Analysis
When running Wah Hong's price analysis, check to measure Wah Hong'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 Wah Hong is operating at the current time. Most of Wah Hong's value examination focuses on studying past and present price action to predict the probability of Wah Hong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wah Hong's price. Additionally, you may evaluate how the addition of Wah Hong to your portfolios can decrease your overall portfolio volatility.