Tainan Enterprises (Taiwan) Price on November 28, 2024
1473 Stock | TWD 35.50 0.65 1.80% |
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 Enterprises stands at 35.50, as last reported on the 30th of November, with the highest price reaching 35.70 and the lowest price hitting 35.20 during the day. Tainan Enterprises owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0417, which indicates the firm had a -0.0417% return per unit of risk over the last 3 months. Tainan Enterprises Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tainan Enterprises' Coefficient Of Variation of (4,857), variance of 2.44, and Risk Adjusted Performance of (0.01) 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.
Tainan |
Sharpe Ratio = -0.0417
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Negative Returns | 1473 |
Estimated Market Risk
1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tainan Enterprises 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 Enterprises by adding Tainan Enterprises to a well-diversified portfolio.
Tainan Enterprises Valuation on November 28, 2024
It is possible to determine the worth of Tainan Enterprises on a given historical date. On November 28, 2024 Tainan was worth 36.05 at the beginning of the trading date compared to the closed value of 35.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tainan Enterprises stock. Still, in general, we apply an absolute valuation method to find Tainan Enterprises' 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 Enterprises where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tainan Enterprises' related companies.
Open | High | Low | Close | Volume | |
36.05 | 36.30 | 35.80 | 36.15 | 289,154 | |
11/28/2024 | 36.05 | 36.05 | 35.10 | 35.50 | 238,179 |
35.40 | 35.70 | 35.20 | 35.50 | 382,517 |
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Tainan Enterprises Trading Date Momentum on November 28, 2024
On November 29 2024 Tainan Enterprises Co was traded for 35.50 at the closing time. The highest price during the trading period was 35.70 and the lowest recorded bid was listed for 35.20 . The volume for the day was 382.5 K. This history from November 29, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.28% . |
Tainan Enterprises Fundamentals Correlations and Trends
By evaluating Tainan Enterprises' 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 Enterprises' 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 Enterprises Stock history
Tainan Enterprises 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 Enterprises 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 Enterprises stock prices may prove useful in developing a viable investing in Tainan Enterprises
Tainan Enterprises Co., Ltd. operates as a garment original equipment manufacturer primarily in Taiwan, Indonesia, China, and Cambodia. Tainan Enterprises Co., Ltd. was founded in 1961 and is based in Taipei, Taiwan. TAINAN ENTERPRISES operates under Apparel Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 14456 people.
Tainan Enterprises Stock Technical Analysis
Tainan Enterprises 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
Tainan Enterprises Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Tainan Enterprises 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 Enterprises November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Tainan Enterprises 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 Enterprises shares will generate the highest return on investment. By undertsting and applying Tainan Enterprises stock market strength indicators, traders can identify Tainan Enterprises Co entry and exit signals to maximize returns
Tainan Enterprises Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tainan Enterprises' 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.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.30) | |||
Treynor Ratio | (0.21) |
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Additional Tools for Tainan Stock Analysis
When running Tainan Enterprises' price analysis, check to measure Tainan Enterprises' 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 Enterprises is operating at the current time. Most of Tainan Enterprises' value examination focuses on studying past and present price action to predict the probability of Tainan Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tainan Enterprises' price. Additionally, you may evaluate how the addition of Tainan Enterprises to your portfolios can decrease your overall portfolio volatility.