StShine Optical (Taiwan) Price on May 10, 2024
| 1565 Stock | TWD 224.00 1.00 0.45% |
If you're considering investing in StShine Stock, it is important to understand the factors that can impact its price. As of today, the current price of StShine Optical stands at 224.00, as last reported on the 30th of November, with the highest price reaching 225.50 and the lowest price hitting 220.00 during the day. StShine Optical appears to be very steady, given 3 months investment horizon. StShine Optical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for StShine Optical Co, which you can use to evaluate the volatility of the company. Please review StShine Optical's risk adjusted performance of 0.139, and Coefficient Of Variation of 576.77 to confirm if our risk estimates are consistent with your expectations.
StShine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
StShine |
Sharpe Ratio = 0.1761
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 1565 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average StShine Optical is performing at about 13% of its full potential. 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 StShine Optical by adding it to a well-diversified portfolio.
StShine Optical Valuation on May 10, 2024
It is possible to determine the worth of StShine Optical on a given historical date. On May 10, 2024 StShine was worth 181.71 at the beginning of the trading date compared to the closed value of 182.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of StShine Optical stock. Still, in general, we apply an absolute valuation method to find StShine Optical'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 StShine Optical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against StShine Optical's related companies.
| Open | High | Low | Close | Volume | |
| 178.35 | 178.35 | 176.42 | 176.42 | 88,000 | |
05/10/2024 | 181.71 | 184.60 | 181.71 | 182.19 | 305,000 |
| 182.67 | 184.11 | 181.71 | 183.15 | 123,000 |
| Backtest StShine Optical | | | StShine Optical History | | | StShine Optical Valuation | Previous | Next |
StShine Optical Trading Date Momentum on May 10, 2024
| On May 13 2024 StShine Optical Co was traded for 183.15 at the closing time. The highest price during the trading period was 184.11 and the lowest recorded bid was listed for 181.71 . The volume for the day was 123 K. This history from May 13, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.53% . The trading price change to the current price is 0.79% . |
StShine Optical Fundamentals Correlations and Trends
By evaluating StShine Optical'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 StShine Optical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. StShine financial account trend analysis is a perfect complement when working with valuation or volatility modules.About StShine Optical Stock history
StShine Optical 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 StShine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in StShine Optical 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 StShine Optical stock prices may prove useful in developing a viable investing in StShine Optical
,Ltd. designs, manufactures, markets, and supplies contact lens in Taiwan and internationally. ,Ltd. was founded in 1981 and is based in New Taipei City, Taiwan. ST SHINE operates under Medical Instruments Supplies classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 3824 people.
StShine Optical Stock Technical Analysis
StShine Optical 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
StShine Optical Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
StShine Optical Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.
StShine Optical November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how StShine Optical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading StShine Optical shares will generate the highest return on investment. By undertsting and applying StShine Optical stock market strength indicators, traders can identify StShine Optical Co entry and exit signals to maximize returns
StShine Optical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for StShine Optical's price direction in advance. Along with the technical and fundamental analysis of StShine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of StShine 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 | 0.139 | |||
| Jensen Alpha | 0.3634 | |||
| Total Risk Alpha | 0.004 | |||
| Sortino Ratio | 0.1342 | |||
| Treynor Ratio | 19.67 |
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Additional Tools for StShine Stock Analysis
When running StShine Optical's price analysis, check to measure StShine Optical'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 StShine Optical is operating at the current time. Most of StShine Optical's value examination focuses on studying past and present price action to predict the probability of StShine Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move StShine Optical's price. Additionally, you may evaluate how the addition of StShine Optical to your portfolios can decrease your overall portfolio volatility.