Tehmag Foods (Taiwan) Price on May 3, 2024
| 1264 Stock | TWD 304.50 3.00 1.00% |
If you're considering investing in Tehmag Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tehmag Foods stands at 304.50, as last reported on the 23rd of November, with the highest price reaching 304.50 and the lowest price hitting 303.00 during the day. Tehmag Foods owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of risk over the last 3 months. Tehmag Foods exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tehmag Foods' Coefficient Of Variation of (594.18), risk adjusted performance of (0.14), and Variance of 0.149 to confirm the risk estimate we provide.
Tehmag Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tehmag |
Sharpe Ratio = -0.1871
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| Negative Returns | 1264 |
Estimated Market Risk
| 0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tehmag Foods 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 Tehmag Foods by adding Tehmag Foods to a well-diversified portfolio.
Tehmag Foods Valuation on May 3, 2024
It is possible to determine the worth of Tehmag Foods on a given historical date. On May 3, 2024 Tehmag was worth 287.35 at the beginning of the trading date compared to the closed value of 287.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tehmag Foods stock. Still, in general, we apply an absolute valuation method to find Tehmag Foods' 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 Tehmag Foods where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tehmag Foods' related companies.
| Open | High | Low | Close | Volume | |
| 286.88 | 286.88 | 286.88 | 286.88 | 11,000 | |
05/03/2024 | 287.35 | 287.83 | 287.35 | 287.35 | 4,000 |
| 287.83 | 292.13 | 287.83 | 291.18 | 15,000 |
| Backtest Tehmag Foods | | | Tehmag Foods History | | | Tehmag Foods Valuation | Previous | Next |
Tehmag Foods Trading Date Momentum on May 3, 2024
| On May 06 2024 Tehmag Foods was traded for 291.18 at the closing time. The highest price during the trading period was 292.13 and the lowest recorded bid was listed for 287.83 . The volume for the day was 15 K. This history from May 6, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.33% . The trading price change to the current price is 1.66% . |
Tehmag Foods Fundamentals Correlations and Trends
By evaluating Tehmag Foods' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tehmag Foods' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tehmag financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tehmag Foods Stock history
Tehmag Foods 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 Tehmag is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tehmag 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 Tehmag Foods stock prices may prove useful in developing a viable investing in Tehmag Foods
Tehmag Foods Corporation operates in the baking industry in Taiwan. Tehmag Foods Corporation was founded in 1989 and is headquartered in New Taipei City, Taiwan. TEHMAG FOODS operates under Packaged Foods classification in Taiwan and is traded on Taiwan OTC Exchange.
Tehmag Foods Stock Technical Analysis
Tehmag Foods 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
Tehmag Foods Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Tehmag Foods cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.
Tehmag Foods November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Tehmag Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tehmag Foods shares will generate the highest return on investment. By undertsting and applying Tehmag Foods stock market strength indicators, traders can identify Tehmag Foods entry and exit signals to maximize returns
Tehmag Foods Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tehmag Foods' price direction in advance. Along with the technical and fundamental analysis of Tehmag Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tehmag 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 | (0.14) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 10.87 |
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Additional Tools for Tehmag Stock Analysis
When running Tehmag Foods' price analysis, check to measure Tehmag Foods' 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 Tehmag Foods is operating at the current time. Most of Tehmag Foods' value examination focuses on studying past and present price action to predict the probability of Tehmag Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tehmag Foods' price. Additionally, you may evaluate how the addition of Tehmag Foods to your portfolios can decrease your overall portfolio volatility.