China General (Taiwan) Price on June 19, 2023
1305 Stock | TWD 13.55 0.25 1.81% |
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China General stands at 13.55, as last reported on the 30th of November, with the highest price reaching 13.80 and the lowest price hitting 13.30 during the day. China General Plastics secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. China General Plastics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China General's Mean Deviation of 1.35, risk adjusted performance of (0.11), and Standard Deviation of 2.09 to double-check the risk estimate we provide.
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = -0.1471
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 1305 |
Estimated Market Risk
2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China General 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 China General by adding China General to a well-diversified portfolio.
China General Valuation on June 19, 2023
It is possible to determine the worth of China General on a given historical date. On June 19, 2023 China was worth 24.07 at the beginning of the trading date compared to the closed value of 23.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China General stock. Still, in general, we apply an absolute valuation method to find China General'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 China General where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China General's related companies.
Open | High | Low | Close | Volume | |
23.58 | 24.12 | 23.58 | 23.92 | 1,475,457 | |
06/19/2023 | 24.07 | 24.12 | 23.63 | 23.87 | 1,012,263 |
23.78 | 23.82 | 23.48 | 23.68 | 777,378 |
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China General Trading Date Momentum on June 19, 2023
On June 20 2023 China General Plastics was traded for 23.68 at the closing time. The highest price during the trading period was 23.82 and the lowest recorded bid was listed for 23.48 . The volume for the day was 777.4 K. This history from June 20, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.80% . The overall trading delta to the current price is 2.89% . |
China General Plastics Fundamentals Correlations and Trends
By evaluating China General'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 China General's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China General Stock history
China General 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China General 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 China General stock prices may prove useful in developing a viable investing in China General
China General Plastics Corporation manufactures, markets, sells, and services various vinyl products in Taiwan and internationally. China General Plastics Corporation was founded in 1964 and is headquartered in Taipei City, Taiwan. CHINA GENERAL operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.
China General Stock Technical Analysis
China General 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
China General Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
China General 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.
China General November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how China General stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China General shares will generate the highest return on investment. By undertsting and applying China General stock market strength indicators, traders can identify China General Plastics entry and exit signals to maximize returns
China General Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China General's price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China 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 | (0.11) | |||
Jensen Alpha | (0.34) | |||
Total Risk Alpha | (0.68) | |||
Treynor Ratio | (17.62) |
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Volume Indicators |
Additional Tools for China Stock Analysis
When running China General's price analysis, check to measure China General'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 China General is operating at the current time. Most of China General's value examination focuses on studying past and present price action to predict the probability of China General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China General's price. Additionally, you may evaluate how the addition of China General to your portfolios can decrease your overall portfolio volatility.