Ten Ren (Taiwan) Price on October 7, 2024
| 1233 Stock | TWD 31.90 0.15 0.47% |
If you're considering investing in Ten Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ten Ren stands at 31.90, as last reported on the 28th of November, with the highest price reaching 32.00 and the lowest price hitting 31.90 during the day. Ten Ren Tea owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0319, which indicates the firm had a -0.0319% return per unit of risk over the last 3 months. Ten Ren Tea exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ten Ren's Risk Adjusted Performance of (0.01), coefficient of variation of (6,380), and Variance of 0.8686 to confirm the risk estimate we provide.
Ten Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ten |
Sharpe Ratio = -0.0319
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1233 |
Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ten Ren 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 Ten Ren by adding Ten Ren to a well-diversified portfolio.
Ten Ren Valuation on October 7, 2024
It is possible to determine the worth of Ten Ren on a given historical date. On October 7, 2024 Ten was worth 33.4 at the beginning of the trading date compared to the closed value of 33.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ten Ren stock. Still, in general, we apply an absolute valuation method to find Ten Ren'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 Ten Ren where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ten Ren's related companies.
| Open | High | Low | Close | Volume | |
| 33.40 | 33.50 | 33.00 | 33.40 | 47,522 | |
10/07/2024 | 33.40 | 33.45 | 33.30 | 33.45 | 21,310 |
| 33.10 | 33.35 | 32.80 | 33.35 | 14,292 |
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Ten Ren Trading Date Momentum on October 7, 2024
| On October 08 2024 Ten Ren Tea was traded for 33.35 at the closing time. The highest price during the trading period was 33.35 and the lowest recorded bid was listed for 32.80 . The volume for the day was 14.3 K. This history from October 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.30% . The trading price change to the current price is 3.74% . |
Ten Ren Tea Fundamentals Correlations and Trends
By evaluating Ten Ren'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 Ten Ren's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ten financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ten Ren Stock history
Ten Ren 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 Ten is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ten Ren Tea 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 Ten Ren stock prices may prove useful in developing a viable investing in Ten Ren
Ten Ren Stock Technical Analysis
Ten Ren 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
Ten Ren Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Ten Ren Tea 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.
Ten Ren November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Ten Ren stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ten Ren shares will generate the highest return on investment. By undertsting and applying Ten Ren stock market strength indicators, traders can identify Ten Ren Tea entry and exit signals to maximize returns
Ten Ren Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ten Ren's price direction in advance. Along with the technical and fundamental analysis of Ten Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ten 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 | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 0.5518 |
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| Volume Indicators |
Additional Tools for Ten Stock Analysis
When running Ten Ren's price analysis, check to measure Ten Ren'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 Ten Ren is operating at the current time. Most of Ten Ren's value examination focuses on studying past and present price action to predict the probability of Ten Ren's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ten Ren's price. Additionally, you may evaluate how the addition of Ten Ren to your portfolios can decrease your overall portfolio volatility.