China Metal (Taiwan) Price on June 5, 2024
| 1532 Stock | TWD 34.20 0.30 0.88% |
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China Metal stands at 34.20, as last reported on the 26th of November, with the highest price reaching 34.30 and the lowest price hitting 34.00 during the day. China Metal Products secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. China Metal Products exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Metal's Mean Deviation of 1.19, standard deviation of 1.76, and Risk Adjusted Performance of (0.10) to double-check the risk estimate we provide.
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = -0.1104
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1532 |
Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China Metal 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 China Metal by adding China Metal to a well-diversified portfolio.
China Metal Valuation on June 5, 2024
It is possible to determine the worth of China Metal on a given historical date. On June 5, 2024 China was worth 52.8 at the beginning of the trading date compared to the closed value of 52.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Metal stock. Still, in general, we apply an absolute valuation method to find China Metal'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 China Metal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Metal's related companies.
| Open | High | Low | Close | Volume | |
| 52.20 | 52.90 | 51.90 | 52.40 | 7,087,117 | |
06/05/2024 | 52.80 | 53.20 | 51.40 | 52.20 | 5,414,248 |
| 52.00 | 52.20 | 50.80 | 51.60 | 3,478,446 |
| Backtest China Metal | | | China Metal History | | | China Metal Valuation | Previous | Next |
China Metal Trading Date Momentum on June 5, 2024
| On June 06 2024 China Metal Products was traded for 51.60 at the closing time. The highest price during the trading period was 52.20 and the lowest recorded bid was listed for 50.80 . The volume for the day was 3.5 M. This history from June 6, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.15% . The overall trading delta to the current price is 3.45% . |
China Metal Products Fundamentals Correlations and Trends
By evaluating China Metal'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 China Metal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China Metal Stock history
China Metal 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Metal Products 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 China Metal stock prices may prove useful in developing a viable investing in China Metal
China Metal Products Co., Ltd. designs, manufactures, and retails iron casting products in Taiwan, the United States, Japan, China, Europe, South America, and internationally. China Metal Products Co., Ltd. was founded in 1972 and is based in Taipei City, Taiwan. CHINA METAL operates under Metal Fabrication classification in Taiwan and is traded on Taiwan Stock Exchange.
China Metal Stock Technical Analysis
China Metal 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
China Metal Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
China Metal Products 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.
China Metal November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how China Metal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Metal shares will generate the highest return on investment. By undertsting and applying China Metal stock market strength indicators, traders can identify China Metal Products entry and exit signals to maximize returns
China Metal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Metal's price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China 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 | (0.10) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.57) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for China Stock Analysis
When running China Metal's price analysis, check to measure China Metal'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 China Metal is operating at the current time. Most of China Metal's value examination focuses on studying past and present price action to predict the probability of China Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Metal's price. Additionally, you may evaluate how the addition of China Metal to your portfolios can decrease your overall portfolio volatility.