Wei Chuan (Taiwan) Price on January 29, 2024
| 1201 Stock | TWD 18.30 0.15 0.83% |
If you're considering investing in Wei Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wei Chuan stands at 18.30, as last reported on the 30th of November, with the highest price reaching 18.35 and the lowest price hitting 18.20 during the day. Wei Chuan Foods shows Sharpe Ratio of -0.0051, which attests that the company had a -0.0051% return per unit of risk over the last 3 months. Wei Chuan Foods exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wei Chuan's Mean Deviation of 0.3825, market risk adjusted performance of (0.57), and Standard Deviation of 0.5525 to validate the risk estimate we provide.
Wei Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wei |
Sharpe Ratio = -0.0051
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| Negative Returns | 1201 |
Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wei Chuan 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 Wei Chuan by adding Wei Chuan to a well-diversified portfolio.
Wei Chuan Valuation on January 29, 2024
It is possible to determine the worth of Wei Chuan on a given historical date. On January 29, 2024 Wei was worth 18.7 at the beginning of the trading date compared to the closed value of 18.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wei Chuan stock. Still, in general, we apply an absolute valuation method to find Wei Chuan'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 Wei Chuan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wei Chuan's related companies.
| Open | High | Low | Close | Volume | |
| 18.85 | 18.95 | 18.80 | 18.85 | 187,191 | |
01/29/2024 | 18.70 | 18.85 | 18.65 | 18.75 | 291,082 |
| 18.75 | 18.85 | 18.60 | 18.65 | 284,261 |
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Wei Chuan Trading Date Momentum on January 29, 2024
| On January 30 2024 Wei Chuan Foods was traded for 18.65 at the closing time. The highest price during the trading period was 18.85 and the lowest recorded bid was listed for 18.60 . The volume for the day was 284.3 K. This history from January 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.53% . The trading price change to the current price is 0.80% . |
Wei Chuan Foods Fundamentals Correlations and Trends
By evaluating Wei Chuan'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 Wei Chuan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wei financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wei Chuan Stock history
Wei Chuan 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 Wei is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wei Chuan Foods 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 Wei Chuan stock prices may prove useful in developing a viable investing in Wei Chuan
Wei Chuan Foods Corporation engages in the food business in Taiwan and internationally. The company was founded in 1953 and is based in Taipei City, Taiwan. WEI CHUAN operates under Packaged Foods classification in Taiwan and is traded on Taiwan Stock Exchange.
Wei Chuan Stock Technical Analysis
Wei Chuan 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.
Price Boundaries
Wei Chuan Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Wei Chuan Foods cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock 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.
Wei Chuan November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Wei Chuan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wei Chuan shares will generate the highest return on investment. By undertsting and applying Wei Chuan stock market strength indicators, traders can identify Wei Chuan Foods entry and exit signals to maximize returns
Wei Chuan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wei Chuan's price direction in advance. Along with the technical and fundamental analysis of Wei Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wei 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 | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.58) |
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| Volume Indicators |
Additional Tools for Wei Stock Analysis
When running Wei Chuan's price analysis, check to measure Wei Chuan'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 Wei Chuan is operating at the current time. Most of Wei Chuan's value examination focuses on studying past and present price action to predict the probability of Wei Chuan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wei Chuan's price. Additionally, you may evaluate how the addition of Wei Chuan to your portfolios can decrease your overall portfolio volatility.