Far Eastern (Taiwan) Price on September 25, 2024
| 1402 Stock | TWD 35.00 0.75 2.10% |
If you're considering investing in Far Stock, it is important to understand the factors that can impact its price. As of today, the current price of Far Eastern stands at 35.00, as last reported on the 28th of November, with the highest price reaching 36.30 and the lowest price hitting 35.00 during the day. Far Eastern New secures Sharpe Ratio (or Efficiency) of -0.0295, which denotes the company had a -0.0295% return per unit of risk over the last 3 months. Far Eastern New exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Far Eastern's Standard Deviation of 1.51, variance of 2.28, and Mean Deviation of 1.14 to check the risk estimate we provide.
Far Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Far |
Sharpe Ratio = -0.0295
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1402 |
Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Far Eastern 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 Far Eastern by adding Far Eastern to a well-diversified portfolio.
Far Eastern Valuation on September 25, 2024
It is possible to determine the worth of Far Eastern on a given historical date. On September 25, 2024 Far was worth 37.2 at the beginning of the trading date compared to the closed value of 37.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Far Eastern stock. Still, in general, we apply an absolute valuation method to find Far Eastern'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 Far Eastern where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Far Eastern's related companies.
| Open | High | Low | Close | Volume | |
| 36.80 | 37.15 | 36.80 | 37.10 | 9,922,706 | |
09/25/2024 | 37.20 | 37.90 | 36.95 | 37.75 | 10,900,130 |
| 38.00 | 38.85 | 37.90 | 38.20 | 14,215,491 |
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Far Eastern Trading Date Momentum on September 25, 2024
| On September 26 2024 Far Eastern New was traded for 38.20 at the closing time. The highest price during the trading period was 38.85 and the lowest recorded bid was listed for 37.90 . The volume for the day was 14.2 M. This history from September 26, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.19% . The overall trading delta to the current price is 0.79% . |
Far Eastern New Fundamentals Correlations and Trends
By evaluating Far Eastern'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 Far Eastern's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Far financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Far Eastern Stock history
Far Eastern 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 Far is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Far Eastern New 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 Far Eastern stock prices may prove useful in developing a viable investing in Far Eastern
Far Eastern New Century Corporation manufactures and sells polyester materials, and semi-finished and finished textiles worldwide. The company was founded in 1942 and is based in Taipei City, Taiwan. FAR EASTERN operates under Textiles classification in Taiwan and is traded on Taiwan Stock Exchange.
Far Eastern Stock Technical Analysis
Far Eastern 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
Far Eastern Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Far Eastern New 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.
Far Eastern November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Far Eastern stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Far Eastern shares will generate the highest return on investment. By undertsting and applying Far Eastern stock market strength indicators, traders can identify Far Eastern New entry and exit signals to maximize returns
Far Eastern Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Far Eastern's price direction in advance. Along with the technical and fundamental analysis of Far Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Far 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 | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.362 |
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Additional Tools for Far Stock Analysis
When running Far Eastern's price analysis, check to measure Far Eastern'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 Far Eastern is operating at the current time. Most of Far Eastern's value examination focuses on studying past and present price action to predict the probability of Far Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Far Eastern's price. Additionally, you may evaluate how the addition of Far Eastern to your portfolios can decrease your overall portfolio volatility.