Formosa Petrochemical (Taiwan) Price History

6505 Stock  TWD 40.90  1.05  2.50%   
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 Petrochemical stands at 40.90, as last reported on the 2nd of December, with the highest price reaching 41.75 and the lowest price hitting 40.75 during the day. Formosa Petrochemical secures Sharpe Ratio (or Efficiency) of -0.22, which denotes the company had a -0.22% return per unit of risk over the last 3 months. Formosa Petrochemical Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Formosa Petrochemical's Variance of 3.83, standard deviation of 1.96, and Mean Deviation of 1.44 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 = -0.2228

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Estimated Market Risk

 1.99
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.44
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.22
  actual daily
0
Most of other assets perform better
Based on monthly moving average Formosa Petrochemical 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 Petrochemical by adding Formosa Petrochemical to a well-diversified portfolio.

Formosa Petrochemical 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 Petrochemical 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 7, 202455.0
Lowest PriceNovember 29, 202440.9

Formosa Petrochemical December 2, 2024 Stock Price Synopsis

Various analyses of Formosa Petrochemical's 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 Petrochemical 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 Petrochemical Price Daily Balance Of Power(1.05)
Formosa Petrochemical Price Rate Of Daily Change 0.97 
Formosa Petrochemical Price Action Indicator(0.88)

Formosa Petrochemical December 2, 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 Petrochemical 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 Petrochemical for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 16.1 with a coefficient of variation of 7.78. The prices are distributed with arithmetic mean of 49.13. The median price for the last 90 days is 49.15. The company had 1:1 stock split on 7th of July 2009. Formosa Petrochemical issued dividends on 2022-06-21.
OpenHighLowCloseVolume
12/02/2024
 41.45  41.75  40.75  40.90 
11/29/2024 41.45  41.75  40.75  40.90  11,346,174 
11/28/2024 42.50  42.60  41.50  41.95  5,714,850 
11/27/2024 43.45  43.50  42.20  42.30  8,772,807 
11/26/2024 44.00  45.05  43.30  43.60  8,472,030 
11/25/2024 44.15  44.40  43.80  43.95  6,014,719 
11/22/2024 43.75  44.20  43.25  43.55  5,342,125 
11/21/2024 43.95  43.95  43.40  43.40  3,586,066 
11/20/2024 44.45  44.45  43.70  44.10  5,365,633 
11/19/2024 45.00  45.00  43.70  44.50  6,373,754 
11/18/2024 43.80  44.90  43.55  44.55  14,162,999 
11/15/2024 43.30  44.65  43.05  43.30  12,061,998 
11/14/2024 44.10  44.45  43.20  43.45  7,195,690 
11/13/2024 44.45  44.70  43.90  44.10  13,186,306 
11/12/2024 45.10  45.30  44.70  44.80  8,053,019 
11/11/2024 46.10  46.15  45.30  45.60  6,841,961 
11/08/2024 48.35  48.40  46.00  46.05  17,938,981 
11/07/2024 47.30  48.85  47.25  48.40  5,551,268 
11/06/2024 48.00  48.15  47.45  47.55  6,038,961 
11/05/2024 48.55  48.70  48.10  48.30  2,848,787 
11/04/2024 48.20  48.60  47.95  48.50  3,454,455 
11/01/2024 48.50  48.50  47.30  48.15  5,380,340 
10/31/2024 48.10  48.10  48.10  48.10  1.00 
10/30/2024 48.20  48.60  47.85  48.10  5,715,873 
10/29/2024 48.95  49.00  47.65  47.75  8,315,939 
10/28/2024 48.65  49.35  48.30  49.15  5,213,353 
10/25/2024 49.40  49.40  48.30  48.65  4,111,093 
10/24/2024 48.60  49.50  48.25  49.00  5,763,040 
10/23/2024 49.00  49.25  48.60  48.60  3,586,880 
10/22/2024 49.35  49.40  48.70  48.95  3,745,560 
10/21/2024 51.00  51.00  49.30  49.30  5,108,778 
10/18/2024 49.65  50.80  49.60  50.40  5,131,165 
10/17/2024 49.00  50.10  48.85  49.65  4,283,598 
10/16/2024 48.85  49.20  48.60  48.75  7,174,696 
10/15/2024 51.00  51.00  49.45  49.50  7,480,429 
10/14/2024 51.50  51.50  50.30  51.00  3,705,199 
10/11/2024 53.10  53.50  51.80  52.00  3,404,638 
10/09/2024 54.00  54.00  52.10  52.30  8,077,998 
10/08/2024 54.60  55.50  53.80  54.20  13,294,076 
10/07/2024 55.80  55.80  54.20  55.00  13,922,654 
10/04/2024 52.90  55.60  52.90  54.50  15,908,084 
10/03/2024 52.30  52.30  52.30  52.30  1.00 
10/02/2024 52.30  52.30  52.30  52.30  1.00 
10/01/2024 52.70  52.70  51.70  52.30  4,254,209 
09/30/2024 52.70  53.20  52.10  52.70  7,355,531 
09/27/2024 51.50  53.20  51.00  53.00  12,593,296 
09/26/2024 51.80  51.80  50.60  50.70  4,340,732 
09/25/2024 51.10  51.70  50.80  51.20  7,053,267 
09/24/2024 51.20  51.20  50.30  50.70  4,060,238 
09/23/2024 52.10  52.10  51.30  51.50  3,686,121 
09/20/2024 51.60  52.30  51.00  51.50  6,853,343 
09/19/2024 51.20  51.90  50.80  51.40  5,439,154 
09/18/2024 51.80  52.30  51.20  51.50  5,408,557 
09/16/2024 50.70  52.00  50.30  51.20  9,013,427 
09/13/2024 49.10  51.50  48.85  50.70  10,217,770 
09/12/2024 48.40  49.15  47.75  48.70  7,539,174 
09/11/2024 47.50  48.70  47.25  47.45  10,146,380 
09/10/2024 48.50  48.75  47.40  47.40  11,687,062 
09/09/2024 49.50  49.70  48.35  48.50  15,942,870 
09/06/2024 50.00  51.40  49.50  50.90  7,320,914 
09/05/2024 51.70  52.40  50.10  50.30  10,334,691 

About Formosa Petrochemical Stock history

Formosa Petrochemical 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 Petrochemical 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 Petrochemical stock prices may prove useful in developing a viable investing in Formosa Petrochemical
Formosa Petrochemical Corporation engages in petrochemical and public utility businesses in Taiwan, the Philippines, Singapore, Malaysia, the Peoples Republic of China, Korea, and internationally. Formosa Petrochemical Corporation was founded in 1992 and is headquartered in Mailiao, Taiwan. FORMOSA PETROCHEMICAL operates under Petroleum Refiners And Distributors classification in Taiwan and is traded on Taiwan Stock Exchange.

Formosa Petrochemical Stock Technical Analysis

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

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