Hua Eng (Taiwan) Price on October 14, 2024

1608 Stock  TWD 29.05  0.75  2.52%   
If you're considering investing in Hua Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hua Eng stands at 29.05, as last reported on the 28th of November, with the highest price reaching 29.90 and the lowest price hitting 29.05 during the day. Hua Eng Wire holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of standard deviation over the last 3 months. Hua Eng Wire exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hua Eng's market risk adjusted performance of 6.49, and Risk Adjusted Performance of (0.10) to validate the risk estimate we provide.
  
Hua Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1332

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Estimated Market Risk

 1.67
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hua Eng 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 Hua Eng by adding Hua Eng to a well-diversified portfolio.

Hua Eng Valuation on October 14, 2024

It is possible to determine the worth of Hua Eng on a given historical date. On October 14, 2024 Hua was worth 30.3 at the beginning of the trading date compared to the closed value of 30.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hua Eng stock. Still, in general, we apply an absolute valuation method to find Hua Eng'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 Hua Eng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hua Eng's related companies.
 Open High Low Close Volume
  31.05    31.25    30.30    30.30    2,225,100  
10/14/2024
  30.30    30.70    30.30    30.55    1,084,827  
  30.55    30.70    30.15    30.15    1,634,267  
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Open Value
30.3
30.55
Closing Value
35.32
Upside

Hua Eng Trading Date Momentum on October 14, 2024

On October 15 2024 Hua Eng Wire was traded for  30.15  at the closing time. The highest price during the trading period was 30.70  and the lowest recorded bid was listed for  30.15 . The volume for the day was 1.6 M. This history from October 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.31% . The trading delta at closing time to the current price is 1.15% .

Hua Eng Wire Fundamentals Correlations and Trends

By evaluating Hua Eng'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 Hua Eng's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hua financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hua Eng Stock history

Hua Eng 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 Hua is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hua Eng Wire 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 Hua Eng stock prices may prove useful in developing a viable investing in Hua Eng
Hua Eng Wire Cable Co., Ltd. manufactures and sells various cables and wires in Taiwan. Hua Eng Wire Cable Co., Ltd. was founded in 1956 and is headquartered in Kaohsiung, Taiwan. HUA ENGINEERING is traded on Taiwan Stock Exchange in Taiwan.

Hua Eng Stock Technical Analysis

Hua Eng 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.
A focus of Hua Eng technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hua Eng trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hua Eng Period Price Range

Low
November 28, 2024
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High

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Hua Eng Wire 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.

Hua Eng November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Hua Eng stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hua Eng shares will generate the highest return on investment. By undertsting and applying Hua Eng stock market strength indicators, traders can identify Hua Eng Wire entry and exit signals to maximize returns

Hua Eng Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hua Eng's price direction in advance. Along with the technical and fundamental analysis of Hua Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hua 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.

Additional Tools for Hua Stock Analysis

When running Hua Eng's price analysis, check to measure Hua Eng'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 Hua Eng is operating at the current time. Most of Hua Eng's value examination focuses on studying past and present price action to predict the probability of Hua Eng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hua Eng's price. Additionally, you may evaluate how the addition of Hua Eng to your portfolios can decrease your overall portfolio volatility.