Formosa Plastics (Taiwan) Price History

1301 Stock  TWD 41.35  1.35  3.16%   
If you're considering investing in Formosa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Formosa Plastics stands at 41.35, as last reported on the 29th of November, with the highest price reaching 42.50 and the lowest price hitting 41.25 during the day. Formosa Plastics Corp secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of risk over the last 3 months. Formosa Plastics Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Formosa Plastics' Standard Deviation of 2.16, variance of 4.65, and Mean Deviation of 1.48 to check the risk estimate we provide.
  
Formosa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1316

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Estimated Market Risk

 2.22
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.29
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Formosa Plastics 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 Formosa Plastics by adding Formosa Plastics to a well-diversified portfolio.

Formosa Plastics Stock Price History Chart

There are several ways to analyze Formosa Stock price data. The simplest method is using a basic Formosa candlestick price chart, which shows Formosa Plastics price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 27, 202453.5
Lowest PriceNovember 29, 202441.35

Formosa Plastics November 29, 2024 Stock Price Synopsis

Various analyses of Formosa Plastics' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Formosa Stock. It can be used to describe the percentage change in the price of Formosa Plastics from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Formosa Stock.
Formosa Plastics Price Daily Balance Of Power(1.08)
Formosa Plastics Price Action Indicator(1.20)
Formosa Plastics Accumulation Distribution 911,632 
Formosa Plastics Price Rate Of Daily Change 0.97 

Formosa Plastics November 29, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Formosa Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Formosa Plastics intraday prices and daily technical indicators to check the level of noise trading in Formosa Stock and then apply it to test your longer-term investment strategies against Formosa.

Formosa Stock Price History Data

The price series of Formosa Plastics for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 10.8 with a coefficient of variation of 5.94. The prices are distributed with arithmetic mean of 47.89. The median price for the last 90 days is 47.7. The company had 1:1 stock split on 17th of July 2013. Formosa Plastics Corp issued dividends on 2022-07-05.
OpenHighLowCloseVolume
11/29/2024 42.50  42.50  41.25  41.35  30,995,490 
11/28/2024 43.60  43.70  42.40  42.70  13,018,484 
11/27/2024 44.05  44.05  43.30  43.30  11,603,205 
11/26/2024 44.05  45.05  43.55  43.85  12,017,558 
11/25/2024 44.30  44.35  43.80  43.95  20,102,131 
11/22/2024 44.40  44.55  43.80  43.95  13,198,174 
11/21/2024 45.00  45.00  44.05  44.10  15,584,860 
11/20/2024 45.60  45.60  45.10  45.30  9,777,994 
11/19/2024 47.30  47.35  45.40  45.75  20,389,698 
11/18/2024 45.50  47.20  45.30  47.00  33,289,420 
11/15/2024 43.35  45.35  43.35  44.35  15,446,284 
11/14/2024 44.60  44.70  43.20  43.30  21,252,015 
11/13/2024 44.85  45.20  44.40  44.80  13,903,626 
11/12/2024 45.90  46.15  45.00  45.00  17,532,516 
11/11/2024 46.70  47.20  45.85  46.50  13,437,684 
11/08/2024 48.90  49.25  47.60  47.70  12,708,580 
11/07/2024 47.60  49.45  47.55  48.75  19,355,567 
11/06/2024 46.95  47.75  46.80  47.20  8,736,190 
11/05/2024 46.65  47.30  46.45  47.20  7,914,102 
11/04/2024 47.10  47.30  46.55  46.80  5,892,350 
11/01/2024 46.75  47.25  46.15  47.10  13,156,526 
10/31/2024 47.30  47.30  47.30  47.30  1.00 
10/30/2024 47.95  47.95  47.25  47.30  8,622,783 
10/29/2024 48.45  48.65  47.15  47.70  11,925,839 
10/28/2024 47.00  48.90  46.70  48.55  17,256,985 
10/25/2024 46.30  47.00  46.30  46.85  7,709,814 
10/24/2024 46.30  46.85  45.80  46.20  11,840,198 
10/23/2024 46.75  47.15  46.20  46.20  9,722,186 
10/22/2024 47.50  47.50  46.40  46.70  13,778,755 
10/21/2024 48.60  48.65  47.30  47.30  11,450,119 
10/18/2024 48.75  49.05  48.10  48.20  8,549,140 
10/17/2024 48.00  49.20  47.95  48.40  9,235,307 
10/16/2024 48.00  48.45  47.60  47.95  19,422,199 
10/15/2024 50.20  50.20  48.35  48.35  16,936,274 
10/14/2024 49.60  50.40  48.45  50.00  13,104,096 
10/11/2024 49.95  50.40  49.45  49.60  7,780,392 
10/09/2024 51.10  51.20  49.40  49.55  12,600,019 
10/08/2024 51.70  52.10  50.60  50.80  13,107,477 
10/07/2024 53.10  53.40  51.30  52.20  16,644,582 
10/04/2024 53.00  55.10  52.80  53.00  21,253,376 
10/03/2024 53.00  53.00  53.00  53.00  1.00 
10/02/2024 53.00  53.00  53.00  53.00  1.00 
10/01/2024 53.50  53.70  52.70  53.00  13,542,548 
09/30/2024 53.20  54.70  52.20  53.50  36,901,435 
09/27/2024 50.40  53.70  50.20  53.50  32,946,603 
09/26/2024 51.00  51.10  50.00  50.10  10,219,335 
09/25/2024 49.25  50.60  49.00  50.60  24,438,100 
09/24/2024 48.70  48.70  47.90  48.50  10,506,514 
09/23/2024 49.10  49.45  48.50  48.75  8,673,852 
09/20/2024 48.70  49.50  48.40  48.75  15,544,407 
09/19/2024 48.20  48.75  47.35  48.55  16,086,186 
09/18/2024 48.30  49.70  47.90  48.25  19,571,961 
09/16/2024 47.20  49.25  46.50  48.25  26,329,336 
09/13/2024 45.05  47.40  44.90  46.95  19,907,486 
09/12/2024 45.30  45.40  44.40  45.00  13,142,873 
09/11/2024 44.20  45.00  44.15  44.40  11,657,827 
09/10/2024 45.00  45.10  44.15  44.20  16,729,993 
09/09/2024 45.10  45.20  44.65  45.00  17,643,810 
09/06/2024 46.20  46.75  45.60  46.25  15,198,919 
09/05/2024 47.25  47.60  46.20  46.20  17,267,046 
09/04/2024 48.35  48.35  47.00  47.00  28,886,355 

About Formosa Plastics Stock history

Formosa Plastics 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 Formosa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Formosa Plastics 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 Formosa Plastics stock prices may prove useful in developing a viable investing in Formosa Plastics
Formosa Plastics Corporation produces and sells intermediate raw materials for plastics in Taiwan, Mainland China, and internationally. The company was founded in 1954 and is headquartered in Kaohsiung City, Taiwan. FORMOSA PLASTIC operates under Rubber And Plastics classification in Taiwan and is traded on Taiwan Stock Exchange.

Formosa Plastics Stock Technical Analysis

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

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Formosa Plastics Technical and Predictive Indicators

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

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