Nan Ya (Taiwan) Price on July 18, 2023
1303 Stock | TWD 38.70 0.55 1.40% |
If you're considering investing in Nan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nan Ya stands at 38.70, as last reported on the 29th of November, with the highest price reaching 38.95 and the lowest price hitting 38.35 during the day. Nan Ya Plastics has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. Nan Ya exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nan Ya's Mean Deviation of 1.32, risk adjusted performance of (0.08), and Standard Deviation of 1.91 to check out the risk estimate we provide.
Nan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nan |
Sharpe Ratio = -0.1021
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 1303 |
Estimated Market Risk
1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nan Ya 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 Nan Ya by adding Nan Ya to a well-diversified portfolio.
Nan Ya Valuation on July 18, 2023
It is possible to determine the worth of Nan Ya on a given historical date. On July 18, 2023 Nan was worth 70.3 at the beginning of the trading date compared to the closed value of 70.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nan Ya stock. Still, in general, we apply an absolute valuation method to find Nan Ya'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 Nan Ya where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nan Ya's related companies.
Open | High | Low | Close | Volume | |
71.00 | 71.10 | 70.40 | 70.80 | 3,946,128 | |
07/18/2023 | 70.30 | 71.00 | 70.10 | 70.10 | 7,115,103 |
70.70 | 71.20 | 70.10 | 70.30 | 7,622,836 |
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Nan Ya Trading Date Momentum on July 18, 2023
On July 19 2023 Nan Ya Plastics was traded for 70.30 at the closing time. The highest price during the trading period was 71.20 and the lowest recorded bid was listed for 70.10 . The volume for the day was 7.6 M. This history from July 19, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.29% . The trading delta at closing time to the current price is 0.00% . |
Nan Ya Plastics Fundamentals Correlations and Trends
By evaluating Nan Ya'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 Nan Ya's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nan Ya Stock history
Nan Ya 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 Nan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nan Ya Plastics 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 Nan Ya stock prices may prove useful in developing a viable investing in Nan Ya
Nan Ya Plastics Corporation manufactures and sells plastics products, plastic materials, petrochemicals, electronic materials, and polyester fiber products in Taiwan, China and Hong Kong, the United States, and internationally. The company was founded in 1958 and is headquartered in Kaohsiung City, Taiwan. NAN YA operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.
Nan Ya Stock Technical Analysis
Nan Ya 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
Nan Ya Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Nan Ya Plastics 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.
Nan Ya November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Nan Ya stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nan Ya shares will generate the highest return on investment. By undertsting and applying Nan Ya stock market strength indicators, traders can identify Nan Ya Plastics entry and exit signals to maximize returns
Nan Ya Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nan Ya's price direction in advance. Along with the technical and fundamental analysis of Nan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nan 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 | (0.08) | |||
Jensen Alpha | (0.29) | |||
Total Risk Alpha | (0.52) | |||
Treynor Ratio | (0.44) |
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Volume Indicators |
Additional Tools for Nan Stock Analysis
When running Nan Ya's price analysis, check to measure Nan Ya'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 Nan Ya is operating at the current time. Most of Nan Ya's value examination focuses on studying past and present price action to predict the probability of Nan Ya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nan Ya's price. Additionally, you may evaluate how the addition of Nan Ya to your portfolios can decrease your overall portfolio volatility.