Hung Chou (Taiwan) Price on September 4, 2024
| 1413 Stock | TWD 10.75 0.10 0.92% |
If you're considering investing in Hung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hung Chou stands at 10.75, as last reported on the 28th of November, with the highest price reaching 10.90 and the lowest price hitting 10.45 during the day. At this stage we consider Hung Stock to be very steady. Hung Chou Fiber holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hung Chou Fiber, which you can use to evaluate the volatility of the firm. Please check out Hung Chou's Downside Deviation of 0.9108, risk adjusted performance of 0.1375, and Market Risk Adjusted Performance of 6.53 to validate if the risk estimate we provide is consistent with the expected return of 0.19%.
Hung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hung |
Sharpe Ratio = 0.1706
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 1413 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Hung Chou is performing at about 13% of its full potential. 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 Hung Chou by adding it to a well-diversified portfolio.
Hung Chou Valuation on September 4, 2024
It is possible to determine the worth of Hung Chou on a given historical date. On September 4, 2024 Hung was worth 9.7 at the beginning of the trading date compared to the closed value of 9.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hung Chou stock. Still, in general, we apply an absolute valuation method to find Hung Chou'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 Hung Chou where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hung Chou's related companies.
| Open | High | Low | Close | Volume | |
| 9.85 | 9.85 | 9.73 | 9.82 | 45,370 | |
09/04/2024 | 9.70 | 9.81 | 9.41 | 9.56 | 73,000 |
| 9.80 | 10.00 | 9.60 | 9.90 | 199,396 |
| Backtest Hung Chou | | | Hung Chou History | | | Hung Chou Valuation | Previous | Next |
Hung Chou Trading Date Momentum on September 4, 2024
| On September 05 2024 Hung Chou Fiber was traded for 9.90 at the closing time. The highest price during the trading period was 10.00 and the lowest recorded bid was listed for 9.60 . The volume for the day was 199.4 K. This history from September 5, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 3.56% . The trading delta at closing time to the current price is 4.50% . |
Hung Chou Fiber Fundamentals Correlations and Trends
By evaluating Hung Chou'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 Hung Chou's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hung financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hung Chou Stock history
Hung Chou 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 Hung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hung Chou Fiber 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 Hung Chou stock prices may prove useful in developing a viable investing in Hung Chou
Co., Ltd manufactures and sells polyester filaments in Taiwan. Co., Ltd was founded in 1968 and is headquartered in Taipei, Taiwan. HUNG CHOU operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.
Hung Chou Stock Technical Analysis
Hung Chou 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
Hung Chou Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Hung Chou Fiber 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.
Hung Chou November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Hung Chou stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hung Chou shares will generate the highest return on investment. By undertsting and applying Hung Chou stock market strength indicators, traders can identify Hung Chou Fiber entry and exit signals to maximize returns
Hung Chou Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hung Chou's price direction in advance. Along with the technical and fundamental analysis of Hung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hung 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 | 0.1375 | |||
| Jensen Alpha | 0.1798 | |||
| Total Risk Alpha | 0.0175 | |||
| Sortino Ratio | 0.0743 | |||
| Treynor Ratio | 6.52 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Hung Stock Analysis
When running Hung Chou's price analysis, check to measure Hung Chou'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 Hung Chou is operating at the current time. Most of Hung Chou's value examination focuses on studying past and present price action to predict the probability of Hung Chou's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hung Chou's price. Additionally, you may evaluate how the addition of Hung Chou to your portfolios can decrease your overall portfolio volatility.