I Jang (Taiwan) Price on July 8, 2024

8342 Stock  TWD 88.50  0.20  0.23%   
If you're considering investing in 8342 Stock, it is important to understand the factors that can impact its price. As of today, the current price of I Jang stands at 88.50, as last reported on the 14th of December 2024, with the highest price reaching 88.70 and the lowest price hitting 88.50 during the day. I Jang Industrial holds Efficiency (Sharpe) Ratio of -0.0134, which attests that the company had a -0.0134% return per unit of risk over the last 3 months. I Jang Industrial exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out I Jang's standard deviation of 1.05, and Coefficient Of Variation of (5,265) to validate the risk estimate we provide.
  
8342 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0134

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Estimated Market Risk

 1.05
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average I Jang 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 I Jang by adding I Jang to a well-diversified portfolio.

I Jang Valuation on July 8, 2024

It is possible to determine the worth of I Jang on a given historical date. On July 8, 2024 8342 was worth 83.5 at the beginning of the trading date compared to the closed value of 84.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of I Jang stock. Still, in general, we apply an absolute valuation method to find I Jang'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 Jang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against I Jang's related companies.
 Open High Low Close Volume
  82.30    83.50    82.20    83.50    17,369  
07/08/2024
  83.50    84.80    83.50    84.80    18,394  
  83.10    85.80    83.10    85.00    29,115  
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Open Value
83.5
84.8
Closing Value
86.66
Upside

I Jang Trading Date Momentum on July 8, 2024

On July 09 2024 I Jang Industrial was traded for  85.00  at the closing time. The highest price during the trading period was 85.80  and the lowest recorded bid was listed for  83.10 . The volume for the day was 29.1 K. This history from July 9, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.24% . The trading delta at closing time to the current price is 0.94% .

I Jang Industrial Fundamentals Correlations and Trends

By evaluating I Jang'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 Jang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 8342 financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About I Jang Stock history

I Jang 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 8342 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in I Jang Industrial 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 Jang stock prices may prove useful in developing a viable investing in I Jang
,Ltd. manufactures and sells commercial storage equipment, and custom-made and household products worldwide. The company was founded in 1987 and is based in Changhua City, Taiwan. I JANG operates under Business Equipment Supplies classification in Taiwan and is traded on Taiwan OTC Exchange.

I Jang Stock Technical Analysis

I Jang 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 I Jang technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of I Jang 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

I Jang Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

I Jang 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.

I Jang December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how I Jang 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 Jang shares will generate the highest return on investment. By undertsting and applying I Jang stock market strength indicators, traders can identify I Jang Industrial entry and exit signals to maximize returns

I Jang Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for I Jang's price direction in advance. Along with the technical and fundamental analysis of 8342 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 8342 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 8342 Stock Analysis

When running I Jang's price analysis, check to measure I Jang'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 Jang is operating at the current time. Most of I Jang's value examination focuses on studying past and present price action to predict the probability of I Jang'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 Jang's price. Additionally, you may evaluate how the addition of I Jang to your portfolios can decrease your overall portfolio volatility.