Taiwan Cogeneration (Taiwan) Price on October 29, 2024
| 8926 Stock | TWD 42.35 0.25 0.59% |
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 Cogeneration stands at 42.35, as last reported on the 2nd of December, with the highest price reaching 42.60 and the lowest price hitting 42.05 during the day. Taiwan Cogeneration Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0802, which indicates the firm had a -0.0802% return per unit of risk over the last 3 months. Taiwan Cogeneration Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taiwan Cogeneration's Risk Adjusted Performance of (0.06), variance of 1.26, and Coefficient Of Variation of (1,247) to confirm the risk estimate we provide.
Taiwan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taiwan |
Sharpe Ratio = -0.0802
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| Negative Returns | 8926 |
Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taiwan Cogeneration 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 Taiwan Cogeneration by adding Taiwan Cogeneration to a well-diversified portfolio.
Taiwan Cogeneration Valuation on October 29, 2024
It is possible to determine the worth of Taiwan Cogeneration on a given historical date. On October 29, 2024 Taiwan was worth 43.5 at the beginning of the trading date compared to the closed value of 42.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiwan Cogeneration stock. Still, in general, we apply an absolute valuation method to find Taiwan Cogeneration'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 Cogeneration where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiwan Cogeneration's related companies.
| Open | High | Low | Close | Volume | |
| 43.55 | 43.55 | 43.25 | 43.30 | 490,802 | |
10/29/2024 | 43.50 | 43.50 | 42.60 | 42.90 | 766,898 |
| 43.20 | 43.20 | 42.80 | 42.80 | 586,434 |
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Taiwan Cogeneration Trading Date Momentum on October 29, 2024
| On October 30 2024 Taiwan Cogeneration Corp was traded for 42.80 at the closing time. The highest price during the trading period was 43.20 and the lowest recorded bid was listed for 42.80 . The volume for the day was 586.4 K. This history from October 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.23% . The trading price change to the current price is 2.45% . |
Taiwan Cogeneration Corp Fundamentals Correlations and Trends
By evaluating Taiwan Cogeneration'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 Cogeneration'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 Cogeneration Stock history
Taiwan Cogeneration 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 Cogeneration Corp 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 Cogeneration stock prices may prove useful in developing a viable investing in Taiwan Cogeneration
Taiwan Cogeneration Corporation, together with its subsidiaries, operates cogeneration plants in Taiwan. Taiwan Cogeneration Corporation was founded in 1992 and is headquartered in Taipei, Taiwan. TAIWAN COGENERATION operates under Utilities - Independent Power Producers classification in Taiwan and is traded on Taiwan Stock Exchange.
Taiwan Cogeneration Stock Technical Analysis
Taiwan Cogeneration 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 Cogeneration Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Taiwan Cogeneration Corp 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.
Taiwan Cogeneration December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Taiwan Cogeneration 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 Cogeneration shares will generate the highest return on investment. By undertsting and applying Taiwan Cogeneration stock market strength indicators, traders can identify Taiwan Cogeneration Corp entry and exit signals to maximize returns
Taiwan Cogeneration Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taiwan Cogeneration'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 | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.31) |
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Additional Tools for Taiwan Stock Analysis
When running Taiwan Cogeneration's price analysis, check to measure Taiwan Cogeneration'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 Cogeneration is operating at the current time. Most of Taiwan Cogeneration's value examination focuses on studying past and present price action to predict the probability of Taiwan Cogeneration'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 Cogeneration's price. Additionally, you may evaluate how the addition of Taiwan Cogeneration to your portfolios can decrease your overall portfolio volatility.