Namchow Chemical (Taiwan) Price on October 31, 2024
| 1702 Stock | TWD 53.00 0.30 0.56% |
If you're considering investing in Namchow Stock, it is important to understand the factors that can impact its price. As of today, the current price of Namchow Chemical stands at 53.00, as last reported on the 2nd of December, with the highest price reaching 53.60 and the lowest price hitting 52.50 during the day. Namchow Chemical Ind has Sharpe Ratio of -0.0198, which conveys that the firm had a -0.0198% return per unit of risk over the last 3 months. Namchow Chemical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Namchow Chemical's Standard Deviation of 1.5, mean deviation of 0.962, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide.
Namchow Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Namchow |
Sharpe Ratio = -0.0198
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| Negative Returns | 1702 |
Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Namchow Chemical 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 Namchow Chemical by adding Namchow Chemical to a well-diversified portfolio.
Namchow Chemical Valuation on October 31, 2024
It is possible to determine the worth of Namchow Chemical on a given historical date. On October 31, 2024 Namchow was worth 55.0 at the beginning of the trading date compared to the closed value of 55.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Namchow Chemical stock. Still, in general, we apply an absolute valuation method to find Namchow Chemical'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 Namchow Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Namchow Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 55.70 | 55.70 | 54.80 | 55.00 | 380,244 | |
10/31/2024 | 55.00 | 55.00 | 55.00 | 55.00 | 1.00 |
| 54.50 | 55.70 | 54.40 | 55.60 | 507,264 |
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Namchow Chemical Trading Date Momentum on October 31, 2024
| On November 01 2024 Namchow Chemical Industrial was traded for 55.60 at the closing time. The highest price during the trading period was 55.70 and the lowest recorded bid was listed for 54.40 . The volume for the day was 507.3 K. This history from November 1, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.09% . The trading delta at closing time to the current price is 0.91% . |
Namchow Chemical Ind Fundamentals Correlations and Trends
By evaluating Namchow Chemical'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 Namchow Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Namchow financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Namchow Chemical Stock history
Namchow Chemical 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 Namchow is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Namchow Chemical Ind 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 Namchow Chemical stock prices may prove useful in developing a viable investing in Namchow Chemical
Namchow Holdings Co., Ltd. engages in manufacturing, selling, and processing of edible and non-edible oil, frozen dough, and dish and laundry liquid detergent products in Taiwan and internationally. Namchow Holdings Co., Ltd. was founded in 1952 and is based in Taipei, Taiwan. NAMCHOW HOLDINGS is traded on Taiwan Stock Exchange in Taiwan.
Namchow Chemical Stock Technical Analysis
Namchow Chemical 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
Namchow Chemical Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Namchow Chemical 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.
Namchow Chemical December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Namchow Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Namchow Chemical shares will generate the highest return on investment. By undertsting and applying Namchow Chemical stock market strength indicators, traders can identify Namchow Chemical Industrial entry and exit signals to maximize returns
Namchow Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Namchow Chemical's price direction in advance. Along with the technical and fundamental analysis of Namchow Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Namchow 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 | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.28) |
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Additional Tools for Namchow Stock Analysis
When running Namchow Chemical's price analysis, check to measure Namchow Chemical'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 Namchow Chemical is operating at the current time. Most of Namchow Chemical's value examination focuses on studying past and present price action to predict the probability of Namchow Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Namchow Chemical's price. Additionally, you may evaluate how the addition of Namchow Chemical to your portfolios can decrease your overall portfolio volatility.