Bin Chuan (Taiwan) Price on June 26, 2024
| 1569 Stock | TWD 64.90 4.80 7.99% |
If you're considering investing in Bin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bin Chuan stands at 64.90, as last reported on the 2nd of December, with the highest price reaching 64.90 and the lowest price hitting 59.20 during the day. Bin Chuan is very steady given 3 months investment horizon. Bin Chuan Enterprise secures Sharpe Ratio (or Efficiency) of 0.39, which signifies that the company had a 0.39% return per unit of risk over the last 3 months. We are able to interpolate and break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.45% are justified by taking the suggested risk. Use Bin Chuan Risk Adjusted Performance of 0.2778, downside deviation of 2.93, and Mean Deviation of 2.93 to evaluate company specific risk that cannot be diversified away.
Bin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bin |
Sharpe Ratio = 0.3895
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 1569 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.73 actual daily | 33 67% of assets are more volatile |
Expected Return
| 1.45 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.39 actual daily | 30 70% of assets perform better |
Based on monthly moving average Bin Chuan is performing at about 30% 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 Bin Chuan by adding it to a well-diversified portfolio.
Bin Chuan Valuation on June 26, 2024
It is possible to determine the worth of Bin Chuan on a given historical date. On June 26, 2024 Bin was worth 23.8 at the beginning of the trading date compared to the closed value of 24.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bin Chuan stock. Still, in general, we apply an absolute valuation method to find Bin Chuan'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 Bin Chuan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bin Chuan's related companies.
| Open | High | Low | Close | Volume | |
| 23.70 | 23.75 | 23.50 | 23.70 | 174,000 | |
06/26/2024 | 23.80 | 25.30 | 23.80 | 24.55 | 1,812,580 |
| 24.55 | 25.10 | 24.50 | 24.50 | 410,256 |
| Backtest Bin Chuan | | | Bin Chuan History | | | Bin Chuan Valuation | Previous | Next |
Bin Chuan Trading Date Momentum on June 26, 2024
| On June 27 2024 Bin Chuan Enterprise was traded for 24.50 at the closing time. The highest price during the trading period was 25.10 and the lowest recorded bid was listed for 24.50 . The volume for the day was 410.3 K. This history from June 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.20% . The overall trading delta to the current price is 7.74% . |
Bin Chuan Enterprise Fundamentals Correlations and Trends
By evaluating Bin Chuan'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 Bin Chuan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bin Chuan Stock history
Bin Chuan 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 Bin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bin Chuan Enterprise 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 Bin Chuan stock prices may prove useful in developing a viable investing in Bin Chuan
Bin Chuan Stock Technical Analysis
Bin Chuan 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
Bin Chuan Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
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Bin Chuan December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Bin Chuan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bin Chuan shares will generate the highest return on investment. By undertsting and applying Bin Chuan stock market strength indicators, traders can identify Bin Chuan Enterprise entry and exit signals to maximize returns
Bin Chuan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bin Chuan's price direction in advance. Along with the technical and fundamental analysis of Bin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bin 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 | 0.2778 | |||
| Jensen Alpha | 1.31 | |||
| Total Risk Alpha | 0.6825 | |||
| Sortino Ratio | 0.4014 | |||
| Treynor Ratio | (25.02) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Bin Stock Analysis
When running Bin Chuan's price analysis, check to measure Bin Chuan'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 Bin Chuan is operating at the current time. Most of Bin Chuan's value examination focuses on studying past and present price action to predict the probability of Bin Chuan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bin Chuan's price. Additionally, you may evaluate how the addition of Bin Chuan to your portfolios can decrease your overall portfolio volatility.