Carnival Industrial (Taiwan) Price on September 28, 2023

1417 Stock  TWD 9.93  0.02  0.20%   
If you're considering investing in Carnival Stock, it is important to understand the factors that can impact its price. As of today, the current price of Carnival Industrial stands at 9.93, as last reported on the 30th of November, with the highest price reaching 9.95 and the lowest price hitting 9.81 during the day. Carnival Industrial Corp secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Carnival Industrial Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carnival Industrial's Mean Deviation of 0.6093, standard deviation of 0.8692, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide.
  
Carnival Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1732

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Estimated Market Risk

 0.87
  actual daily
7
93% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Carnival Industrial 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 Carnival Industrial by adding Carnival Industrial to a well-diversified portfolio.

Carnival Industrial Valuation on September 28, 2023

It is possible to determine the worth of Carnival Industrial on a given historical date. On September 28, 2023 Carnival was worth 12.9 at the beginning of the trading date compared to the closed value of 12.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Carnival Industrial stock. Still, in general, we apply an absolute valuation method to find Carnival Industrial'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 Carnival Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Carnival Industrial's related companies.
 Open High Low Close Volume
  12.75    12.90    12.70    12.85    244,331  
09/28/2023
  12.90    12.90    12.75    12.85    228,221  
  12.85    12.90    12.70    12.80    328,841  
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Open Value
12.9
12.85
Closing Value
15.52
Upside

Carnival Industrial Trading Date Momentum on September 28, 2023

On October 02 2023 Carnival Industrial Corp was traded for  12.80  at the closing time. The highest price during the trading period was 12.90  and the lowest recorded bid was listed for  12.70 . The volume for the day was 328.8 K. This history from October 2, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.39% . The overall trading delta to the current price is 1.56% .

Carnival Industrial Corp Fundamentals Correlations and Trends

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

About Carnival Industrial Stock history

Carnival Industrial 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 Carnival is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Carnival Industrial Corp 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 Carnival Industrial stock prices may prove useful in developing a viable investing in Carnival Industrial
Carnival Industrial Corporation engages in the apparel business in Taiwan and internationally. The company was founded in 1969 as Carnival Textile Industrial Corp. and changed its name to Carnival Industrial Corporation in 1997. CARNIVAL is traded on Taiwan Stock Exchange in Taiwan.

Carnival Industrial Stock Technical Analysis

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

Carnival Industrial Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

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Carnival Industrial Corp 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.

Carnival Industrial November 30, 2024 Market Strength

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

Carnival Industrial Technical and Predictive Indicators

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

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