Standard Chemical (Taiwan) Price on October 15, 2024

1720 Stock  TWD 64.50  0.10  0.16%   
If you're considering investing in Standard Stock, it is important to understand the factors that can impact its price. As of today, the current price of Standard Chemical stands at 64.50, as last reported on the 27th of November, with the highest price reaching 64.80 and the lowest price hitting 63.70 during the day. Standard Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0439, which indicates the firm had a -0.0439% return per unit of risk over the last 3 months. Standard Chemical Pharmaceutical exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Standard Chemical's Risk Adjusted Performance of (0.02), variance of 0.9762, and Coefficient Of Variation of (3,881) to confirm the risk estimate we provide.
  
Standard Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0439

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Estimated Market Risk

 1.01
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Standard 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 Standard Chemical by adding Standard Chemical to a well-diversified portfolio.

Standard Chemical Valuation on October 15, 2024

It is possible to determine the worth of Standard Chemical on a given historical date. On October 15, 2024 Standard was worth 64.0 at the beginning of the trading date compared to the closed value of 64.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Standard Chemical stock. Still, in general, we apply an absolute valuation method to find Standard 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 Standard Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Standard Chemical's related companies.
 Open High Low Close Volume
  63.80    64.30    63.60    63.90    152,403  
10/15/2024
  64.00    64.20    63.60    64.00    227,379  
  63.80    66.80    63.70    66.80    1,512,988  
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Open Value
64.0
64.0
Closing Value
67.03
Upside

Standard Chemical Trading Date Momentum on October 15, 2024

On October 16 2024 Standard Chemical Pharmaceutical was traded for  66.80  at the closing time. The highest price during the trading period was 66.80  and the lowest recorded bid was listed for  63.70 . The volume for the day was 1.5 M. This history from October 16, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 4.37% . The trading price change to the current price is 0.78% .

Standard Chemical Fundamentals Correlations and Trends

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

About Standard Chemical Stock history

Standard 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 Standard is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Standard Chemical 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 Standard Chemical stock prices may prove useful in developing a viable investing in Standard Chemical
Standard Chem Pharm CO., LTD. engages in the manufacture and sale of pharmaceutical products in Taiwan and internationally. The company was founded in 1967 and is headquartered in Tainan City, Taiwan. STANDARD CHEM operates under Drug Manufacturers - Specialty Generic classification in Taiwan and is traded on Taiwan Stock Exchange.

Standard Chemical Stock Technical Analysis

Standard 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.
A focus of Standard Chemical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Standard Chemical 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

Standard Chemical Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Standard Chemical Pharmaceutical 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.

Standard Chemical November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Standard 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 Standard Chemical shares will generate the highest return on investment. By undertsting and applying Standard Chemical stock market strength indicators, traders can identify Standard Chemical Pharmaceutical entry and exit signals to maximize returns

Standard Chemical Technical and Predictive Indicators

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

When running Standard Chemical's price analysis, check to measure Standard 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 Standard Chemical is operating at the current time. Most of Standard Chemical's value examination focuses on studying past and present price action to predict the probability of Standard 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 Standard Chemical's price. Additionally, you may evaluate how the addition of Standard Chemical to your portfolios can decrease your overall portfolio volatility.