Taita Chemical (Taiwan) Price on February 15, 2024

1309 Stock  TWD 16.20  0.15  0.92%   
If you're considering investing in Taita Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taita Chemical stands at 16.20, as last reported on the 25th of November, with the highest price reaching 16.65 and the lowest price hitting 16.20 during the day. Taita Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0469, which indicates the firm had a -0.0469% return per unit of risk over the last 3 months. Taita Chemical Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taita Chemical's Coefficient Of Variation of (5,365), risk adjusted performance of (0.01), and Variance of 8.4 to confirm the risk estimate we provide.
  
Taita Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0469

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Estimated Market Risk

 2.88
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Taita Chemical 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 Taita Chemical by adding Taita Chemical to a well-diversified portfolio.

Taita Chemical Valuation on February 15, 2024

It is possible to determine the worth of Taita Chemical on a given historical date. On February 15, 2024 Taita was worth 16.5 at the beginning of the trading date compared to the closed value of 16.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taita Chemical stock. Still, in general, we apply an absolute valuation method to find Taita Chemical'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 Taita Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taita Chemical's related companies.
 Open High Low Close Volume
  16.75    16.80    16.50    16.60    377,362  
02/15/2024
  16.50    16.55    16.20    16.30    687,422  
  16.30    16.95    16.30    16.95    1,181,994  
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Open Value
16.5
16.3
Closing Value
25.15
Upside

Taita Chemical Trading Date Momentum on February 15, 2024

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Taita Chemical Fundamentals Correlations and Trends

By evaluating Taita Chemical'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 Taita Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taita financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Taita Chemical Stock history

Taita Chemical 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 Taita is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taita Chemical 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 Taita Chemical stock prices may prove useful in developing a viable investing in Taita Chemical
Taita Chemical Company, Limited produces and sells styrenics in Taiwan, Mainland China, Hong Kong, and the United States. Taita Chemical Company, Limited was incorporated in 1960 and is headquartered in Taipei, Taiwan. TAITA CHEMICAL operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.

Taita Chemical Stock Technical Analysis

Taita Chemical 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.
A focus of Taita Chemical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Taita Chemical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Taita Chemical Period Price Range

Low
November 25, 2024
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Taita Chemical Co 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.

Taita Chemical November 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Taita Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taita Chemical shares will generate the highest return on investment. By undertsting and applying Taita Chemical stock market strength indicators, traders can identify Taita Chemical Co entry and exit signals to maximize returns

Taita Chemical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Taita Chemical's price direction in advance. Along with the technical and fundamental analysis of Taita Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taita 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.

Additional Tools for Taita Stock Analysis

When running Taita Chemical's price analysis, check to measure Taita Chemical'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 Taita Chemical is operating at the current time. Most of Taita Chemical's value examination focuses on studying past and present price action to predict the probability of Taita Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taita Chemical's price. Additionally, you may evaluate how the addition of Taita Chemical to your portfolios can decrease your overall portfolio volatility.