Tainan Spinning (Taiwan) Price on October 11, 2024

1440 Stock  TWD 15.20  0.05  0.33%   
If you're considering investing in Tainan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tainan Spinning stands at 15.20, as last reported on the 30th of November, with the highest price reaching 15.20 and the lowest price hitting 14.95 during the day. Tainan Spinning owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0937, which indicates the firm had a -0.0937% return per unit of risk over the last 3 months. Tainan Spinning Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tainan Spinning's Coefficient Of Variation of (987.14), variance of 1.08, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide.
  
Tainan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0937

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Estimated Market Risk

 1.01
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tainan Spinning 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 Tainan Spinning by adding Tainan Spinning to a well-diversified portfolio.

Tainan Spinning Valuation on October 11, 2024

It is possible to determine the worth of Tainan Spinning on a given historical date. On October 11, 2024 Tainan was worth 15.65 at the beginning of the trading date compared to the closed value of 15.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tainan Spinning stock. Still, in general, we apply an absolute valuation method to find Tainan Spinning'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 Tainan Spinning where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tainan Spinning's related companies.
 Open High Low Close Volume
  15.90    15.90    15.55    15.60    1,123,912  
10/11/2024
  15.65    15.70    15.50    15.50    677,522  
  15.50    15.60    15.45    15.55    576,672  
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Open Value
15.65
15.5
Closing Value
18.68
Upside

Tainan Spinning Trading Date Momentum on October 11, 2024

On October 14 2024 Tainan Spinning Co was traded for  15.55  at the closing time. The highest price during the trading period was 15.60  and the lowest recorded bid was listed for  15.45 . The volume for the day was 576.7 K. This history from October 14, 2024 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% .

Tainan Spinning Fundamentals Correlations and Trends

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

About Tainan Spinning Stock history

Tainan Spinning 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 Tainan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tainan Spinning 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 Tainan Spinning stock prices may prove useful in developing a viable investing in Tainan Spinning
Tainan Spinning Co., Ltd. manufactures, processes, and sells various textile products in Taiwan and internationally. The company was founded in 1955 and is headquartered in Tainan City, Taiwan. TAINAN SPINNING operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.

Tainan Spinning Stock Technical Analysis

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

Tainan Spinning Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Tainan Spinning 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.

Tainan Spinning November 30, 2024 Market Strength

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

Tainan Spinning Technical and Predictive Indicators

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

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