Tsang Yow (Taiwan) Price on December 2, 2024
| 1568 Stock | TWD 27.90 0.20 0.71% |
If you're considering investing in Tsang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tsang Yow stands at 27.90, as last reported on the 2nd of December, with the highest price reaching 28.00 and the lowest price hitting 27.85 during the day. At this stage we consider Tsang Stock to be very steady. Tsang Yow Industrial owns Efficiency Ratio (i.e., Sharpe Ratio) of 9.0E-4, which indicates the firm had a 9.0E-4% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Tsang Yow Industrial, which you can use to evaluate the volatility of the company. Please validate Tsang Yow's Coefficient Of Variation of (21,795), risk adjusted performance of 0.0025, and Variance of 3.69 to confirm if the risk estimate we provide is consistent with the expected return of 0.0018%.
Tsang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tsang |
Sharpe Ratio = 9.0E-4
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1568 |
Estimated Market Risk
| 1.96 actual daily | 17 83% 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 Tsang Yow 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 Tsang Yow by adding Tsang Yow to a well-diversified portfolio.
Tsang Yow Valuation on December 2, 2024
It is possible to determine the worth of Tsang Yow on a given historical date. On December 2, 2024 Tsang was worth 27.85 at the beginning of the trading date compared to the closed value of 27.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tsang Yow stock. Still, in general, we apply an absolute valuation method to find Tsang Yow'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 Tsang Yow where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tsang Yow's related companies.
| Open | High | Low | Close | Volume | |
| 27.85 | 28.00 | 27.85 | 27.90 | 61,205 | |
12/02/2024 | 27.85 | 28.00 | 27.85 | 27.90 | 0.00 |
| Backtest Tsang Yow | | | Tsang Yow History | | | Tsang Yow Valuation | Previous |
Tsang Yow Trading Date Momentum on December 2, 2024
| On December 02 2024 Tsang Yow Industrial was traded for 27.90 at the closing time. The highest price during the trading period was 28.00 and the lowest recorded bid was listed for 27.85 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.18% . |
Tsang Yow Industrial Fundamentals Correlations and Trends
By evaluating Tsang Yow'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 Tsang Yow's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tsang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tsang Yow Stock history
Tsang Yow 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 Tsang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tsang Yow Industrial 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 Tsang Yow stock prices may prove useful in developing a viable investing in Tsang Yow
Tsang Yow Industrial Co., Ltd. manufactures and supplies transmission system components worldwide. The company was founded in 1985 and is based in Chiayi, Taiwan. TSANG YOW operates under Auto Parts classification in Taiwan and is traded on Taiwan Stock Exchange.
Tsang Yow Stock Technical Analysis
Tsang Yow 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
Tsang Yow Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Tsang Yow Industrial 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.
Tsang Yow December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Tsang Yow stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tsang Yow shares will generate the highest return on investment. By undertsting and applying Tsang Yow stock market strength indicators, traders can identify Tsang Yow Industrial entry and exit signals to maximize returns
Tsang Yow Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tsang Yow's price direction in advance. Along with the technical and fundamental analysis of Tsang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tsang 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 | 0.0025 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.03) |
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Additional Tools for Tsang Stock Analysis
When running Tsang Yow's price analysis, check to measure Tsang Yow'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 Tsang Yow is operating at the current time. Most of Tsang Yow's value examination focuses on studying past and present price action to predict the probability of Tsang Yow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tsang Yow's price. Additionally, you may evaluate how the addition of Tsang Yow to your portfolios can decrease your overall portfolio volatility.