Ta Ya (Taiwan) Price on August 20, 2024
| 1609 Stock | TWD 46.00 1.10 2.34% |
If you're considering investing in 1609 Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ta Ya stands at 46.00, as last reported on the 27th of November, with the highest price reaching 47.20 and the lowest price hitting 46.00 during the day. Ta Ya Electric retains Efficiency (Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of price deviation over the last 3 months. Ta Ya exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ta Ya's Standard Deviation of 1.64, risk adjusted performance of (0.11), and Mean Deviation of 1.25 to confirm the risk estimate we provide.
1609 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
1609 |
Sharpe Ratio = -0.1066
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| Negative Returns | 1609 |
Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ta Ya 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 Ta Ya by adding Ta Ya to a well-diversified portfolio.
Ta Ya Valuation on August 20, 2024
It is possible to determine the worth of Ta Ya on a given historical date. On August 20, 2024 1609 was worth 53.5 at the beginning of the trading date compared to the closed value of 56.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ta Ya stock. Still, in general, we apply an absolute valuation method to find Ta Ya'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 Ta Ya where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ta Ya's related companies.
| Open | High | Low | Close | Volume | |
| 54.50 | 54.50 | 53.20 | 53.30 | 10,292,913 | |
08/20/2024 | 53.50 | 57.50 | 53.50 | 56.30 | 32,629,134 |
| 56.20 | 57.20 | 55.40 | 55.60 | 23,828,417 |
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Ta Ya Trading Date Momentum on August 20, 2024
| On August 21 2024 Ta Ya Electric was traded for 55.60 at the closing time. The highest price during the trading period was 57.20 and the lowest recorded bid was listed for 55.40 . The volume for the day was 23.8 M. This history from August 21, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.24% . The trading price change to the current price is 5.51% . |
Ta Ya Electric Fundamentals Correlations and Trends
By evaluating Ta Ya'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 Ta Ya's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 1609 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ta Ya Stock history
Ta Ya 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 1609 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ta Ya Electric 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 Ta Ya stock prices may prove useful in developing a viable investing in Ta Ya
Ta Ya Electric Wire Cable Co., Ltd engages in the manufacture and sale of electric wires and cables in Taiwan and rest of Asia. The company was founded in 1955 and is headquartered in Tainan City, Taiwan. TA YA operates under Electrical Equipment Parts classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 1665 people.
Ta Ya Stock Technical Analysis
Ta Ya 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
Ta Ya Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Ta Ya Electric 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.
Ta Ya November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Ta Ya stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ta Ya shares will generate the highest return on investment. By undertsting and applying Ta Ya stock market strength indicators, traders can identify Ta Ya Electric entry and exit signals to maximize returns
Ta Ya Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ta Ya's price direction in advance. Along with the technical and fundamental analysis of 1609 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 1609 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 | (0.11) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.98) |
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| Volume Indicators |
Additional Tools for 1609 Stock Analysis
When running Ta Ya's price analysis, check to measure Ta Ya'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 Ta Ya is operating at the current time. Most of Ta Ya's value examination focuses on studying past and present price action to predict the probability of Ta Ya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ta Ya's price. Additionally, you may evaluate how the addition of Ta Ya to your portfolios can decrease your overall portfolio volatility.