Taiwan Styrene (Taiwan) Price on August 23, 2023

1310 Stock  TWD 11.80  0.05  0.43%   
If you're considering investing in Taiwan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taiwan Styrene stands at 11.80, as last reported on the 27th of November, with the highest price reaching 12.00 and the lowest price hitting 11.70 during the day. Taiwan Styrene Monomer owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Taiwan Styrene Monomer exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taiwan Styrene's Variance of 1.51, coefficient of variation of (704.04), and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide.
  
Taiwan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1275

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Estimated Market Risk

 1.26
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Taiwan Styrene 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 Taiwan Styrene by adding Taiwan Styrene to a well-diversified portfolio.

Taiwan Styrene Valuation on August 23, 2023

It is possible to determine the worth of Taiwan Styrene on a given historical date. On August 23, 2023 Taiwan was worth 15.4 at the beginning of the trading date compared to the closed value of 15.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiwan Styrene stock. Still, in general, we apply an absolute valuation method to find Taiwan Styrene'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 Taiwan Styrene where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiwan Styrene's related companies.
 Open High Low Close Volume
  15.30    15.35    15.05    15.10    603,310  
08/23/2023
  15.40    15.60    15.10    15.45    1,129,592  
  15.25    15.50    15.15    15.50    820,004  
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Open Value
15.4
15.45
Closing Value
19.18
Upside

Taiwan Styrene Trading Date Momentum on August 23, 2023

On August 24 2023 Taiwan Styrene Monomer was traded for  15.50  at the closing time. The highest price during the trading period was 15.50  and the lowest recorded bid was listed for  15.15 . The volume for the day was 820 K. This history from August 24, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.32% . The trading price change to the current price is 1.29% .

Taiwan Styrene Monomer Fundamentals Correlations and Trends

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

About Taiwan Styrene Stock history

Taiwan Styrene 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 Taiwan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taiwan Styrene Monomer 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 Taiwan Styrene stock prices may prove useful in developing a viable investing in Taiwan Styrene
Taiwan Styrene Monomer Corporation produces and sells styrene monomer, para-diethyl benzene, toluene, and ethylbenzene in Taiwan. Taiwan Styrene Monomer Corporation was founded in 1979 and is headquartered in Taipei, Taiwan. TAIWAN STYRENE is traded on Taiwan Stock Exchange in Taiwan.

Taiwan Styrene Stock Technical Analysis

Taiwan Styrene 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 Taiwan Styrene technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Taiwan Styrene 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

Taiwan Styrene Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Taiwan Styrene Monomer 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.

Taiwan Styrene November 27, 2024 Market Strength

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

Taiwan Styrene Technical and Predictive Indicators

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

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