Shihlin Electric (Taiwan) Price on December 4, 2024
| 1503 Stock | TWD 205.50 6.00 3.01% |
If you're considering investing in Shihlin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shihlin Electric stands at 205.50, as last reported on the 4th of December, with the highest price reaching 208.00 and the lowest price hitting 200.50 during the day. Shihlin Electric Eng owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0019, which indicates the firm had a -0.0019% return per unit of risk over the last 3 months. Shihlin Electric Engineering exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shihlin Electric's Risk Adjusted Performance of (0.02), coefficient of variation of (2,847), and Variance of 5.28 to confirm the risk estimate we provide.
Shihlin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shihlin |
Sharpe Ratio = -0.0019
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| Negative Returns | 1503 |
Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shihlin Electric 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 Shihlin Electric by adding Shihlin Electric to a well-diversified portfolio.
Shihlin Electric Valuation on December 4, 2024
It is possible to determine the worth of Shihlin Electric on a given historical date. On December 4, 2024 Shihlin was worth 200.5 at the beginning of the trading date compared to the closed value of 205.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shihlin Electric stock. Still, in general, we apply an absolute valuation method to find Shihlin Electric'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 Shihlin Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shihlin Electric's related companies.
| Open | High | Low | Close | Volume | |
| 200.50 | 208.00 | 200.50 | 205.50 | 1,403,199 | |
12/04/2024 | 200.50 | 208.00 | 200.50 | 205.50 | 0.00 |
| Backtest Shihlin Electric | | | Shihlin Electric History | | | Shihlin Electric Valuation | Previous |
Shihlin Electric Trading Date Momentum on December 4, 2024
| On December 04 2024 Shihlin Electric Engineering was traded for 205.50 at the closing time. The highest price during the trading period was 208.00 and the lowest recorded bid was listed for 200.50 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not result in any price rise and fall. The trading price change to the current price is 2.43% . |
Shihlin Electric Eng Fundamentals Correlations and Trends
By evaluating Shihlin Electric'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 Shihlin Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shihlin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shihlin Electric Stock history
Shihlin Electric 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 Shihlin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shihlin Electric Eng 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 Shihlin Electric stock prices may prove useful in developing a viable investing in Shihlin Electric
Shihlin Electric Engineering Corporation engages in the manufacture and sale of heavy electrical equipment, electrical machinery, electrical automotive equipment, and related parts in Taiwan, Mainland China, Vietnam, and internationally. Shihlin Electric Engineering Corporation was founded in 1955 and is headquartered in Taipei City, Taiwan. SHIHLIN ELEC operates under Diversified Industrials classification in Taiwan and is traded on Taiwan Stock Exchange.
Shihlin Electric Stock Technical Analysis
Shihlin Electric 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
Shihlin Electric Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Shihlin Electric Engineering 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.
Shihlin Electric December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Shihlin Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shihlin Electric shares will generate the highest return on investment. By undertsting and applying Shihlin Electric stock market strength indicators, traders can identify Shihlin Electric Engineering entry and exit signals to maximize returns
Shihlin Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shihlin Electric's price direction in advance. Along with the technical and fundamental analysis of Shihlin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shihlin 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 | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.32) |
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Additional Tools for Shihlin Stock Analysis
When running Shihlin Electric's price analysis, check to measure Shihlin Electric'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 Shihlin Electric is operating at the current time. Most of Shihlin Electric's value examination focuses on studying past and present price action to predict the probability of Shihlin Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shihlin Electric's price. Additionally, you may evaluate how the addition of Shihlin Electric to your portfolios can decrease your overall portfolio volatility.