Taiwan Hon (Taiwan) Price on September 9, 2024
9939 Stock | TWD 147.00 2.50 1.67% |
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 Hon stands at 147.00, as last reported on the 2nd of December, with the highest price reaching 148.00 and the lowest price hitting 144.00 during the day. Taiwan Hon Chuan owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0837, which indicates the firm had a -0.0837% return per unit of risk over the last 3 months. Taiwan Hon Chuan exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taiwan Hon's Variance of 2.26, coefficient of variation of (1,393), and Risk Adjusted Performance of (0.05) 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 = -0.0837
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Negative Returns | 9939 |
Estimated Market Risk
1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.12 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 Hon 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 Hon by adding Taiwan Hon to a well-diversified portfolio.
Taiwan Hon Valuation on September 9, 2024
It is possible to determine the worth of Taiwan Hon on a given historical date. On September 9, 2024 Taiwan was worth 153.5 at the beginning of the trading date compared to the closed value of 159.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiwan Hon stock. Still, in general, we apply an absolute valuation method to find Taiwan Hon'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 Hon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiwan Hon's related companies.
Open | High | Low | Close | Volume | |
157.00 | 158.00 | 155.00 | 155.00 | 594,233 | |
09/09/2024 | 153.50 | 159.50 | 153.00 | 159.50 | 708,256 |
160.50 | 160.50 | 157.00 | 159.50 | 483,389 |
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Taiwan Hon Trading Date Momentum on September 9, 2024
On September 10 2024 Taiwan Hon Chuan was traded for 159.50 at the closing time. The highest price during the trading period was 160.50 and the lowest recorded bid was listed for 157.00 . The volume for the day was 483.4 K. This history from September 10, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.31% . |
Taiwan Hon Chuan Fundamentals Correlations and Trends
By evaluating Taiwan Hon'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 Hon'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 Hon Stock history
Taiwan Hon 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 Hon Chuan 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 Hon stock prices may prove useful in developing a viable investing in Taiwan Hon
Taiwan Hon Chuan Enterprise Co., Ltd. manufactures and sells various packaging materials for the food and beverage industries in Taiwan, China, Southeast Asia, and internationally. Taiwan Hon Chuan Enterprise Co., Ltd. was incorporated in 1969 and is headquartered in Taichung, Taiwan. TAIWAN HON is traded on Taiwan Stock Exchange in Taiwan.
Taiwan Hon Stock Technical Analysis
Taiwan Hon 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 Hon Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Taiwan Hon Chuan 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 Hon December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Taiwan Hon 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 Hon shares will generate the highest return on investment. By undertsting and applying Taiwan Hon stock market strength indicators, traders can identify Taiwan Hon Chuan entry and exit signals to maximize returns
Taiwan Hon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taiwan Hon'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 | (0.05) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.37) | |||
Treynor Ratio | (2.93) |
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Volume Indicators |
Additional Tools for Taiwan Stock Analysis
When running Taiwan Hon's price analysis, check to measure Taiwan Hon'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 Hon is operating at the current time. Most of Taiwan Hon's value examination focuses on studying past and present price action to predict the probability of Taiwan Hon'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 Hon's price. Additionally, you may evaluate how the addition of Taiwan Hon to your portfolios can decrease your overall portfolio volatility.