Shui Mu (Taiwan) Price on June 5, 2024
| 8443 Stock | TWD 11.90 0.25 2.15% |
If you're considering investing in Shui Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shui Mu stands at 11.90, as last reported on the 12th of December 2024, with the highest price reaching 12.00 and the lowest price hitting 11.75 during the day. At this stage we consider Shui Stock to be very steady. Shui Mu International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.003, which indicates the firm had a 0.003% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shui Mu International Co, which you can use to evaluate the volatility of the company. Please validate Shui Mu's Semi Deviation of 0.584, coefficient of variation of 2861.35, and Risk Adjusted Performance of 0.0235 to confirm if the risk estimate we provide is consistent with the expected return of 0.0019%.
Shui Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shui |
Sharpe Ratio = 0.003
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 8443 |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shui Mu 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 Shui Mu by adding Shui Mu to a well-diversified portfolio.
Shui Mu Valuation on June 5, 2024
It is possible to determine the worth of Shui Mu on a given historical date. On June 5, 2024 Shui was worth 12.15 at the beginning of the trading date compared to the closed value of 12.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shui Mu stock. Still, in general, we apply an absolute valuation method to find Shui Mu'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 Shui Mu where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shui Mu's related companies.
| Open | High | Low | Close | Volume | |
| 12.30 | 12.30 | 12.10 | 12.20 | 43,010 | |
06/05/2024 | 12.15 | 12.20 | 12.10 | 12.15 | 60,033 |
| 12.15 | 12.20 | 12.10 | 12.15 | 76,106 |
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Shui Mu Trading Date Momentum on June 5, 2024
| On June 06 2024 Shui Mu International Co was traded for 12.15 at the closing time. The highest price during the trading period was 12.20 and the lowest recorded bid was listed for 12.10 . The volume for the day was 76.1 K. This history from June 6, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.41% . |
Shui Mu International Fundamentals Correlations and Trends
By evaluating Shui Mu'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 Shui Mu's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shui financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shui Mu Stock history
Shui Mu 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 Shui is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shui Mu International 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 Shui Mu stock prices may prove useful in developing a viable investing in Shui Mu
Shui-Mu International Company Limited produces and sells footwear in Taiwan. Shui-Mu International Company Limited was founded in 1952 and is headquartered in Taipei, Taiwan. SHUI MU is traded on Taiwan Stock Exchange in Taiwan.
Shui Mu Stock Technical Analysis
Shui Mu 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
Shui Mu Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Shui Mu International Co 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.
Shui Mu December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Shui Mu stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shui Mu shares will generate the highest return on investment. By undertsting and applying Shui Mu stock market strength indicators, traders can identify Shui Mu International Co entry and exit signals to maximize returns
Shui Mu Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shui Mu's price direction in advance. Along with the technical and fundamental analysis of Shui Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shui 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 | 0.0235 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0789 |
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Additional Tools for Shui Stock Analysis
When running Shui Mu's price analysis, check to measure Shui Mu'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 Shui Mu is operating at the current time. Most of Shui Mu's value examination focuses on studying past and present price action to predict the probability of Shui Mu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shui Mu's price. Additionally, you may evaluate how the addition of Shui Mu to your portfolios can decrease your overall portfolio volatility.