Hey Song (Taiwan) Price on December 2, 2024
| 1234 Stock | TWD 41.65 0.10 0.24% |
If you're considering investing in Hey Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hey Song stands at 41.65, as last reported on the 3rd of December, with the highest price reaching 41.95 and the lowest price hitting 41.50 during the day. At this stage we consider Hey Stock to be very steady. Hey Song Corp holds Efficiency (Sharpe) Ratio of 0.0111, which attests that the entity had a 0.0111% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Hey Song Corp, which you can use to evaluate the volatility of the firm. Please check out Hey Song's Standard Deviation of 0.4632, risk adjusted performance of (0.05), and Market Risk Adjusted Performance of (0.37) to validate if the risk estimate we provide is consistent with the expected return of 0.0047%.
Hey Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hey |
Sharpe Ratio = 0.0111
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1234 |
Estimated Market Risk
| 0.42 actual daily | 3 97% 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 Hey Song 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 Hey Song by adding Hey Song to a well-diversified portfolio.
Hey Song Valuation on December 2, 2024
It is possible to determine the worth of Hey Song on a given historical date. On December 2, 2024 Hey was worth 41.6 at the beginning of the trading date compared to the closed value of 41.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hey Song stock. Still, in general, we apply an absolute valuation method to find Hey Song'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 Hey Song where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hey Song's related companies.
| Open | High | Low | Close | Volume | |
| 41.30 | 41.95 | 41.30 | 41.55 | 121,759 | |
12/02/2024 | 41.60 | 41.95 | 41.50 | 41.65 | 32,764 |
| 41.60 | 41.95 | 41.50 | 41.65 | 0.00 |
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Hey Song Trading Date Momentum on December 2, 2024
| On December 03 2024 Hey Song Corp was traded for 41.65 at the closing time. The highest price during the trading period was 41.95 and the lowest recorded bid was listed for 41.50 . There was no trading activity during the period 0.0. Lack of trading volume on December 3, 2024 did not cause price change. The trading delta at closing time to the current price is 0.12% . |
Hey Song Corp Fundamentals Correlations and Trends
By evaluating Hey Song'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 Hey Song's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hey financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hey Song Stock history
Hey Song 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 Hey is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hey Song Corp 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 Hey Song stock prices may prove useful in developing a viable investing in Hey Song
Hey-Song Corporation produces and sells beverages primarily in Taiwan. Hey-Song Corporation was founded in 1925 and is based in Taipei, Taiwan. HEY SONG operates under Beverages - Soft Drinks classification in Taiwan and is traded on Taiwan Stock Exchange.
Hey Song Stock Technical Analysis
Hey Song 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
Hey Song Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Hey Song Corp 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.
Hey Song December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Hey Song stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hey Song shares will generate the highest return on investment. By undertsting and applying Hey Song stock market strength indicators, traders can identify Hey Song Corp entry and exit signals to maximize returns
Hey Song Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hey Song's price direction in advance. Along with the technical and fundamental analysis of Hey Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hey 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 | (0.05) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.38) |
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| Volume Indicators |
Additional Tools for Hey Stock Analysis
When running Hey Song's price analysis, check to measure Hey Song'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 Hey Song is operating at the current time. Most of Hey Song's value examination focuses on studying past and present price action to predict the probability of Hey Song's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hey Song's price. Additionally, you may evaluate how the addition of Hey Song to your portfolios can decrease your overall portfolio volatility.