Kingcan Holdings (Taiwan) Price on October 23, 2024
8411 Stock | TWD 13.35 0.10 0.75% |
If you're considering investing in Kingcan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kingcan Holdings stands at 13.35, as last reported on the 3rd of December, with the highest price reaching 13.35 and the lowest price hitting 13.15 during the day. Kingcan Holdings has Sharpe Ratio of -0.0378, which conveys that the firm had a -0.0378% return per unit of risk over the last 3 months. Kingcan Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kingcan Holdings' Mean Deviation of 0.7801, risk adjusted performance of (0.05), and Standard Deviation of 1.24 to check out the risk estimate we provide.
Kingcan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kingcan |
Sharpe Ratio = -0.0378
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Negative Returns | 8411 |
Estimated Market Risk
1.2 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
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kingcan Holdings 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 Kingcan Holdings by adding Kingcan Holdings to a well-diversified portfolio.
Kingcan Holdings Valuation on October 23, 2024
It is possible to determine the worth of Kingcan Holdings on a given historical date. On October 23, 2024 Kingcan was worth 14.1 at the beginning of the trading date compared to the closed value of 13.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kingcan Holdings stock. Still, in general, we apply an absolute valuation method to find Kingcan Holdings' 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 Kingcan Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kingcan Holdings' related companies.
Open | High | Low | Close | Volume | |
14.25 | 14.25 | 14.00 | 14.20 | 112,928 | |
10/23/2024 | 14.10 | 14.15 | 13.95 | 13.95 | 144,728 |
14.05 | 14.10 | 13.90 | 14.10 | 122,035 |
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Kingcan Holdings Trading Date Momentum on October 23, 2024
On October 24 2024 Kingcan Holdings was traded for 14.10 at the closing time. The highest price during the trading period was 14.10 and the lowest recorded bid was listed for 13.90 . The volume for the day was 122 K. This history from October 24, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.08% . The trading delta at closing time to the current price is 0.36% . |
Kingcan Holdings Fundamentals Correlations and Trends
By evaluating Kingcan Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Kingcan Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kingcan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kingcan Holdings Stock history
Kingcan Holdings 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 Kingcan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kingcan Holdings 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 Kingcan Holdings stock prices may prove useful in developing a viable investing in Kingcan Holdings
Kingcan Holdings Limited researches and develops, produces, and sells metal packaging and food cans, and related raw materials in China. The company was founded in 1998 and is headquartered in Grand Cayman, the Cayman Islands. KINGCAN HOLDINGS is traded on Taiwan Stock Exchange in Taiwan.
Kingcan Holdings Stock Technical Analysis
Kingcan Holdings 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
Kingcan Holdings Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Kingcan Holdings 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.
Kingcan Holdings December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Kingcan Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kingcan Holdings shares will generate the highest return on investment. By undertsting and applying Kingcan Holdings stock market strength indicators, traders can identify Kingcan Holdings entry and exit signals to maximize returns
Kingcan Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kingcan Holdings' price direction in advance. Along with the technical and fundamental analysis of Kingcan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kingcan 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 | (0.05) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | 0.3107 |
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Additional Tools for Kingcan Stock Analysis
When running Kingcan Holdings' price analysis, check to measure Kingcan Holdings' 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 Kingcan Holdings is operating at the current time. Most of Kingcan Holdings' value examination focuses on studying past and present price action to predict the probability of Kingcan Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingcan Holdings' price. Additionally, you may evaluate how the addition of Kingcan Holdings to your portfolios can decrease your overall portfolio volatility.