Evermore Chemical (Taiwan) Price on October 21, 2024
1735 Stock | TWD 20.65 0.10 0.49% |
If you're considering investing in Evermore Stock, it is important to understand the factors that can impact its price. As of today, the current price of Evermore Chemical stands at 20.65, as last reported on the 12th of December 2024, with the highest price reaching 20.65 and the lowest price hitting 20.40 during the day. Evermore Chemical secures Sharpe Ratio (or Efficiency) of -0.0585, which denotes the company had a -0.0585% return per unit of risk over the last 3 months. Evermore Chemical Industry exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Evermore Chemical's Variance of 11.07, mean deviation of 2.28, and Standard Deviation of 3.33 to check the risk estimate we provide.
Evermore Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Evermore |
Sharpe Ratio = -0.0585
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Negative Returns | 1735 |
Estimated Market Risk
3.3 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Evermore 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 Evermore Chemical by adding Evermore Chemical to a well-diversified portfolio.
Evermore Chemical Valuation on October 21, 2024
It is possible to determine the worth of Evermore Chemical on a given historical date. On October 21, 2024 Evermore was worth 24.1 at the beginning of the trading date compared to the closed value of 22.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evermore Chemical stock. Still, in general, we apply an absolute valuation method to find Evermore 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 Evermore Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evermore Chemical's related companies.
Open | High | Low | Close | Volume | |
21.40 | 23.25 | 21.25 | 23.25 | 814,689 | |
10/21/2024 | 24.10 | 24.40 | 22.70 | 22.80 | 1,999,083 |
22.80 | 25.05 | 22.80 | 25.05 | 1,553,907 |
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Evermore Chemical Trading Date Momentum on October 21, 2024
On October 22 2024 Evermore Chemical Industry was traded for 25.05 at the closing time. The highest price during the trading period was 25.05 and the lowest recorded bid was listed for 22.80 . The volume for the day was 1.6 M. This history from October 22, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 9.87% . The overall trading delta to the current price is 0.00% . |
Evermore Chemical Fundamentals Correlations and Trends
By evaluating Evermore 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 Evermore Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Evermore financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Evermore Chemical Stock history
Evermore 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 Evermore is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Evermore 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 Evermore Chemical stock prices may prove useful in developing a viable investing in Evermore Chemical
Evermore Chemical Industry Co., Ltd. produces and sells synthetic leather polyurethane resins in China, Taiwan, and internationally. Evermore Chemical Industry Co., Ltd. is a subsidiary of Aica Kogyo Company, Limited. EVERMORE CHEMICAL is traded on Taiwan Stock Exchange in Taiwan.
Evermore Chemical Stock Technical Analysis
Evermore 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
Evermore Chemical Period Price Range
Low | December 12, 2024
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0.00 | 0.00 |
Evermore Chemical Industry 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.
Evermore Chemical December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Evermore 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 Evermore Chemical shares will generate the highest return on investment. By undertsting and applying Evermore Chemical stock market strength indicators, traders can identify Evermore Chemical Industry entry and exit signals to maximize returns
Evermore Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Evermore Chemical's price direction in advance. Along with the technical and fundamental analysis of Evermore Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Evermore 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 | (0.03) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.70) | |||
Treynor Ratio | 25.95 |
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Additional Tools for Evermore Stock Analysis
When running Evermore Chemical's price analysis, check to measure Evermore 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 Evermore Chemical is operating at the current time. Most of Evermore Chemical's value examination focuses on studying past and present price action to predict the probability of Evermore 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 Evermore Chemical's price. Additionally, you may evaluate how the addition of Evermore Chemical to your portfolios can decrease your overall portfolio volatility.