Yeong Guan (Taiwan) Price on September 9, 2024
| 1589 Stock | TWD 40.65 0.80 2.01% |
If you're considering investing in Yeong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Yeong Guan stands at 40.65, as last reported on the 26th of November, with the highest price reaching 41.20 and the lowest price hitting 39.85 during the day. At this stage we consider Yeong Stock to be very steady. Yeong Guan Energy shows Sharpe Ratio of 0.0058, which attests that the company had a 0.0058% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Yeong Guan Energy, which you can use to evaluate the volatility of the company. Please check out Yeong Guan's Mean Deviation of 1.36, market risk adjusted performance of 0.0113, and Downside Deviation of 1.97 to validate if the risk estimate we provide is consistent with the expected return of 0.0107%.
Yeong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Yeong |
Sharpe Ratio = 0.0058
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1589 |
Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yeong Guan 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 Yeong Guan by adding Yeong Guan to a well-diversified portfolio.
Yeong Guan Valuation on September 9, 2024
It is possible to determine the worth of Yeong Guan on a given historical date. On September 9, 2024 Yeong was worth 40.45 at the beginning of the trading date compared to the closed value of 42.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yeong Guan stock. Still, in general, we apply an absolute valuation method to find Yeong Guan'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 Yeong Guan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yeong Guan's related companies.
| Open | High | Low | Close | Volume | |
| 41.30 | 42.45 | 41.20 | 42.15 | 164,658 | |
09/09/2024 | 40.45 | 42.50 | 40.45 | 42.20 | 211,920 |
| 42.30 | 42.85 | 41.70 | 42.05 | 241,781 |
| Backtest Yeong Guan | | | Yeong Guan History | | | Yeong Guan Valuation | Previous | Next |
Yeong Guan Trading Date Momentum on September 9, 2024
| On September 10 2024 Yeong Guan Energy was traded for 42.05 at the closing time. The highest price during the trading period was 42.85 and the lowest recorded bid was listed for 41.70 . The volume for the day was 241.8 K. This history from September 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.36% . The trading price change to the current price is 6.04% . |
Yeong Guan Energy Fundamentals Correlations and Trends
By evaluating Yeong Guan'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 Yeong Guan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yeong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yeong Guan Stock history
Yeong Guan 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 Yeong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yeong Guan Energy 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 Yeong Guan stock prices may prove useful in developing a viable investing in Yeong Guan
Yeong Guan Energy Technology Group Co., Ltd. supplies castings to manufacturers of wind turbines, injection molding machines, machine tools, and other heavy industrial machines. The company was founded in 1971 and is headquartered in Ningbo, China. YEONG GUAN is traded on Taiwan Stock Exchange in Taiwan.
Yeong Guan Stock Technical Analysis
Yeong Guan 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
Yeong Guan Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Yeong Guan Energy 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.
Yeong Guan November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Yeong Guan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yeong Guan shares will generate the highest return on investment. By undertsting and applying Yeong Guan stock market strength indicators, traders can identify Yeong Guan Energy entry and exit signals to maximize returns
Yeong Guan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yeong Guan's price direction in advance. Along with the technical and fundamental analysis of Yeong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yeong 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 | 0.0103 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0013 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Yeong Stock Analysis
When running Yeong Guan's price analysis, check to measure Yeong Guan'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 Yeong Guan is operating at the current time. Most of Yeong Guan's value examination focuses on studying past and present price action to predict the probability of Yeong Guan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yeong Guan's price. Additionally, you may evaluate how the addition of Yeong Guan to your portfolios can decrease your overall portfolio volatility.