Cathay Financial (Taiwan) Price History

2882A Stock  TWD 61.10  0.10  0.16%   
If you're considering investing in Cathay Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cathay Financial stands at 61.10, as last reported on the 1st of December, with the highest price reaching 61.10 and the lowest price hitting 61.10 during the day. Currently, Cathay Financial Holding is very steady. Cathay Financial Holding secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Cathay Financial Holding, which you can use to evaluate the volatility of the firm. Please confirm Cathay Financial's Risk Adjusted Performance of 0.0768, mean deviation of 0.091, and Coefficient Of Variation of 637.93 to double-check if the risk estimate we provide is consistent with the expected return of 0.0207%.
  
Cathay Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1426

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Estimated Market Risk

 0.15
  actual daily
1
99% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Cathay Financial is performing at about 11% of its full potential. 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 Cathay Financial by adding it to a well-diversified portfolio.

Cathay Financial Stock Price History Chart

There are several ways to analyze Cathay Stock price data. The simplest method is using a basic Cathay candlestick price chart, which shows Cathay Financial 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 PriceOctober 17, 202461.3
Lowest PriceSeptember 5, 202460.2

Cathay Financial December 1, 2024 Stock Price Synopsis

Various analyses of Cathay Financial's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Cathay Stock. It can be used to describe the percentage change in the price of Cathay Financial from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Cathay Stock.
Cathay Financial Price Rate Of Daily Change 1.00 
Cathay Financial Price Action Indicator(0.05)

Cathay Financial December 1, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Cathay 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 Cathay Financial intraday prices and daily technical indicators to check the level of noise trading in Cathay Stock and then apply it to test your longer-term investment strategies against Cathay.

Cathay Stock Price History Data

The price series of Cathay Financial for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 1.1 with a coefficient of variation of 0.55. The prices are distributed with arithmetic mean of 60.65. The median price for the last 90 days is 60.6. The company issued dividends on 2022-07-04.
OpenHighLowCloseVolume
12/01/2024
 61.10  61.10  61.10  61.10 
11/29/2024 61.10  61.10  61.10  61.10  8,478 
11/28/2024 61.10  61.20  61.10  61.20  13,361 
11/27/2024 61.00  61.20  61.00  61.20  131,000 
11/26/2024 60.80  61.10  60.70  61.10  164,096 
11/25/2024 60.70  60.80  60.70  60.80  50,376 
11/22/2024 60.60  60.80  60.60  60.80  174,065 
11/21/2024 60.60  60.60  60.60  60.60  116,447 
11/20/2024 60.60  60.60  60.60  60.60  31,239 
11/19/2024 60.60  60.60  60.50  60.60  159,302 
11/18/2024 60.50  60.60  60.50  60.60  174,000 
11/15/2024 60.60  60.60  60.50  60.60  26,804 
11/14/2024 60.60  60.60  60.50  60.60  55,079 
11/13/2024 60.60  60.60  60.60  60.60  187,315 
11/12/2024 60.60  60.60  60.50  60.60  56,082 
11/11/2024 60.60  60.70  60.50  60.60  83,269 
11/08/2024 60.60  60.70  60.60  60.70  187,377 
11/07/2024 60.60  60.60  60.50  60.60  216,032 
11/06/2024 60.70  60.70  60.60  60.60  165,000 
11/05/2024 60.70  60.70  60.60  60.70  96,000 
11/04/2024 60.80  60.80  60.60  60.70  309,010 
11/01/2024 60.80  60.80  60.80  60.80  28,000 
10/31/2024 60.80  60.80  60.80  60.80  1.00 
10/30/2024 60.80  60.90  60.80  60.80  302,723 
10/29/2024 60.80  60.80  60.70  60.80  142,105 
10/28/2024 61.00  61.00  60.70  60.90  330,212 
10/25/2024 61.10  61.10  60.90  60.90  314,429 
10/24/2024 61.00  61.10  60.90  61.10  155,728 
10/23/2024 61.20  61.20  61.10  61.10  34,033 
10/22/2024 61.20  61.20  61.20  61.20  99,005 
10/21/2024 61.20  61.30  61.20  61.30  51,040 
10/18/2024 61.20  61.30  61.20  61.30  22,280 
10/17/2024 61.10  61.30  61.10  61.30  74,728 
10/16/2024 61.00  61.20  61.00  61.20  77,471 
10/15/2024 60.90  61.10  60.90  61.10  101,006 
10/14/2024 61.00  61.10  60.70  61.10  72,040 
10/11/2024 60.90  61.10  60.80  61.10  32,808 
10/09/2024 60.60  60.90  60.60  60.90  146,020 
10/08/2024 60.50  60.80  60.50  60.60  52,004 
10/07/2024 60.50  60.60  60.40  60.60  18,138 
10/04/2024 60.50  60.50  60.30  60.50  159,430 
10/03/2024 60.50  60.50  60.50  60.50  1.00 
10/02/2024 60.50  60.50  60.50  60.50  1.00 
10/01/2024 60.40  60.50  60.40  60.50  53,000 
09/30/2024 60.50  60.50  60.30  60.50  86,772 
09/27/2024 60.30  60.40  60.30  60.30  100,353 
09/26/2024 60.30  60.40  60.30  60.30  34,150 
09/25/2024 60.30  60.40  60.30  60.30  76,286 
09/24/2024 60.30  60.30  60.30  60.30  37,053 
09/23/2024 60.30  60.30  60.30  60.30  62,600 
09/20/2024 60.30  60.30  60.20  60.30  84,254 
09/19/2024 60.30  60.30  60.30  60.30  38,210 
09/18/2024 60.30  60.30  60.30  60.30  60,000 
09/16/2024 60.30  60.30  60.20  60.30  75,000 
09/13/2024 60.30  60.30  60.30  60.30  85,868 
09/12/2024 60.30  60.30  60.20  60.30  39,040 
09/11/2024 60.20  60.30  60.20  60.30  26,491 
09/10/2024 60.20  60.20  60.20  60.20  26,124 
09/09/2024 60.20  60.30  60.20  60.30  30,000 
09/06/2024 60.20  60.30  60.20  60.30  40,835 
09/05/2024 60.20  60.30  60.20  60.20  5,129 

About Cathay Financial Stock history

Cathay Financial 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 Cathay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cathay Financial Holding 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 Cathay Financial stock prices may prove useful in developing a viable investing in Cathay Financial
Cathay Financial Holding Co., Ltd., through its subsidiaries, provides various financial services in Taiwan and other countries in Asia. Cathay Financial Holding Co., Ltd. was founded in 2001 and is based in Taipei City, Taiwan. CATHAY FINANCIAL operates under InsuranceLife classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 57347 people.

Cathay Financial Stock Technical Analysis

Cathay Financial 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 Cathay Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cathay Financial 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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Cathay Financial Technical and Predictive Indicators

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

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