Eminent Luggage (Taiwan) Price on November 25, 2024

9950 Stock  TWD 13.05  0.25  1.88%   
If you're considering investing in Eminent Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eminent Luggage stands at 13.05, as last reported on the 30th of November, with the highest price reaching 13.25 and the lowest price hitting 13.00 during the day. Eminent Luggage secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the company had a -0.16% return per unit of risk over the last 3 months. Eminent Luggage exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eminent Luggage's Standard Deviation of 1.04, variance of 1.09, and Mean Deviation of 0.6841 to check the risk estimate we provide.
  
Eminent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1565

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Estimated Market Risk

 1.07
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Eminent Luggage 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 Eminent Luggage by adding Eminent Luggage to a well-diversified portfolio.

Eminent Luggage Valuation on November 25, 2024

It is possible to determine the worth of Eminent Luggage on a given historical date. On November 25, 2024 Eminent was worth 13.4 at the beginning of the trading date compared to the closed value of 13.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eminent Luggage stock. Still, in general, we apply an absolute valuation method to find Eminent Luggage'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 Eminent Luggage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eminent Luggage's related companies.
 Open High Low Close Volume
  13.30    13.35    13.20    13.35    61,340  
11/25/2024
  13.40    13.45    13.30    13.35    38,000  
  13.35    13.35    13.30    13.30    20,000  
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Open Value
13.4
13.35
Closing Value
16.60
Upside

Eminent Luggage Trading Date Momentum on November 25, 2024

On November 26 2024 Eminent Luggage was traded for  13.30  at the closing time. The highest price during the trading period was 13.35  and the lowest recorded bid was listed for  13.30 . The volume for the day was 20 K. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.37% . The overall trading delta to the current price is 1.50% .

Eminent Luggage Fundamentals Correlations and Trends

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

About Eminent Luggage Stock history

Eminent Luggage 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 Eminent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eminent Luggage 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 Eminent Luggage stock prices may prove useful in developing a viable investing in Eminent Luggage
Eminent Luggage Corporation designs, manufactures, and sells luggage products worldwide. Eminent Luggage Corporation was founded in 1979 and is headquartered in Tainan, Taiwan. EMINENT LUGGAGE operates under Footwear Accessories classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 1565 people.

Eminent Luggage Stock Technical Analysis

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

Eminent Luggage Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Eminent Luggage 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.

Eminent Luggage November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Eminent Luggage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eminent Luggage shares will generate the highest return on investment. By undertsting and applying Eminent Luggage stock market strength indicators, traders can identify Eminent Luggage entry and exit signals to maximize returns

Eminent Luggage Technical and Predictive Indicators

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

When running Eminent Luggage's price analysis, check to measure Eminent Luggage'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 Eminent Luggage is operating at the current time. Most of Eminent Luggage's value examination focuses on studying past and present price action to predict the probability of Eminent Luggage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eminent Luggage's price. Additionally, you may evaluate how the addition of Eminent Luggage to your portfolios can decrease your overall portfolio volatility.