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.
Formosa |
Sharpe Ratio = -0.2228
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 6505 |
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 Price | October 7, 2024 | 55.0 |
Lowest Price | November 29, 2024 | 40.9 |
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
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.Open | High | Low | Close | Volume | ||
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.
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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.
Risk Adjusted Performance | (0.18) | |||
Jensen Alpha | (0.54) | |||
Total Risk Alpha | (0.82) | |||
Treynor Ratio | (1.27) |
Cycle Indicators | ||
Math Operators | ||
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.