Sinon Corp (Taiwan) Price on October 23, 2024
| 1712 Stock | TWD 45.25 0.20 0.44% |
If you're considering investing in Sinon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sinon Corp stands at 45.25, as last reported on the 2nd of December, with the highest price reaching 45.30 and the lowest price hitting 44.55 during the day. At this stage we consider Sinon Stock to be out of control. Sinon Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0592, which indicates the firm had a 0.0592% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sinon Corp, which you can use to evaluate the volatility of the company. Please validate Sinon Corp's Risk Adjusted Performance of 0.0511, coefficient of variation of 1690.1, and Semi Deviation of 1.64 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Sinon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sinon |
Sharpe Ratio = 0.0592
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| Cash | Small Risk | 1712 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Sinon Corp is performing at about 4% 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 Sinon Corp by adding it to a well-diversified portfolio.
Sinon Corp Valuation on October 23, 2024
It is possible to determine the worth of Sinon Corp on a given historical date. On October 23, 2024 Sinon was worth 42.15 at the beginning of the trading date compared to the closed value of 42.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sinon Corp stock. Still, in general, we apply an absolute valuation method to find Sinon Corp'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 Sinon Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sinon Corp's related companies.
| Open | High | Low | Close | Volume | |
| 42.60 | 42.60 | 42.15 | 42.25 | 259,228 | |
10/23/2024 | 42.15 | 42.35 | 42.05 | 42.10 | 495,616 |
| 42.00 | 42.10 | 41.95 | 41.95 | 412,510 |
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Sinon Corp Trading Date Momentum on October 23, 2024
| On October 24 2024 Sinon Corp was traded for 41.95 at the closing time. The highest price during the trading period was 42.10 and the lowest recorded bid was listed for 41.95 . The volume for the day was 412.5 K. This history from October 24, 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 2.14% . |
Sinon Corp Fundamentals Correlations and Trends
By evaluating Sinon Corp'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 Sinon Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sinon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sinon Corp Stock history
Sinon Corp 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 Sinon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sinon Corp 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 Sinon Corp stock prices may prove useful in developing a viable investing in Sinon Corp
Sinon Corporation manufactures and sells crop protection and nutrient solutions in Taiwan and internationally. Sinon Corporation was founded in 1955 and is based in Taichung, Taiwan. SINON CORP operates under Agricultural Inputs classification in Taiwan and is traded on Taiwan Stock Exchange.
Sinon Corp Stock Technical Analysis
Sinon Corp 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
Sinon Corp Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Sinon Corp 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.
Sinon Corp December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Sinon Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sinon Corp shares will generate the highest return on investment. By undertsting and applying Sinon Corp stock market strength indicators, traders can identify Sinon Corp entry and exit signals to maximize returns
Sinon Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sinon Corp's price direction in advance. Along with the technical and fundamental analysis of Sinon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sinon 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 | 0.0511 | |||
| Jensen Alpha | 0.0898 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 1.44 |
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Additional Tools for Sinon Stock Analysis
When running Sinon Corp's price analysis, check to measure Sinon Corp'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 Sinon Corp is operating at the current time. Most of Sinon Corp's value examination focuses on studying past and present price action to predict the probability of Sinon Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinon Corp's price. Additionally, you may evaluate how the addition of Sinon Corp to your portfolios can decrease your overall portfolio volatility.