Champion Building (Taiwan) Price on September 9, 2024
1806 Stock | TWD 10.30 0.05 0.49% |
If you're considering investing in Champion Stock, it is important to understand the factors that can impact its price. As of today, the current price of Champion Building stands at 10.30, as last reported on the 29th of November, with the highest price reaching 10.40 and the lowest price hitting 10.10 during the day. Champion Building secures Sharpe Ratio (or Efficiency) of -0.0677, which signifies that the company had a -0.0677% return per unit of standard deviation over the last 3 months. Champion Building Materials exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Champion Building's risk adjusted performance of (0.06), and Mean Deviation of 1.77 to double-check the risk estimate we provide.
Champion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Champion |
Sharpe Ratio = -0.0677
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 1806 |
Estimated Market Risk
2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Champion Building 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 Champion Building by adding Champion Building to a well-diversified portfolio.
Champion Building Valuation on September 9, 2024
It is possible to determine the worth of Champion Building on a given historical date. On September 9, 2024 Champion was worth 11.8 at the beginning of the trading date compared to the closed value of 12.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Champion Building stock. Still, in general, we apply an absolute valuation method to find Champion Building'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 Champion Building where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Champion Building's related companies.
Open | High | Low | Close | Volume | |
12.45 | 12.45 | 12.10 | 12.10 | 1,626,450 | |
09/09/2024 | 11.80 | 12.35 | 11.70 | 12.35 | 1,268,863 |
12.50 | 12.50 | 11.90 | 11.90 | 1,193,946 |
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Champion Building Trading Date Momentum on September 9, 2024
On September 10 2024 Champion Building Materials was traded for 11.90 at the closing time. The highest price during the trading period was 12.50 and the lowest recorded bid was listed for 11.90 . The volume for the day was 1.2 M. This history from September 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.64% . The overall trading delta to the current price is 2.43% . |
Champion Building Fundamentals Correlations and Trends
By evaluating Champion Building'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 Champion Building's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Champion financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Champion Building Stock history
Champion Building 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 Champion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Champion Building 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 Champion Building stock prices may prove useful in developing a viable investing in Champion Building
Champion Building Materials Co., Ltd., together with its subsidiaries manufactures and markets ceramics, ceramic products, stone products, fire-resistant materials, and other chemical products. Champion Building Materials Co., Ltd. was founded in 1972 and is headquartered in Miaoli County, Taiwan. CHAMPION BUILDING is traded on Taiwan Stock Exchange in Taiwan.
Champion Building Stock Technical Analysis
Champion Building 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
Champion Building Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Champion Building Materials 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.
Champion Building November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Champion Building stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Champion Building shares will generate the highest return on investment. By undertsting and applying Champion Building stock market strength indicators, traders can identify Champion Building Materials entry and exit signals to maximize returns
Champion Building Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Champion Building's price direction in advance. Along with the technical and fundamental analysis of Champion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Champion 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 | (0.06) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.59) | |||
Treynor Ratio | (1.16) |
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Additional Tools for Champion Stock Analysis
When running Champion Building's price analysis, check to measure Champion Building'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 Champion Building is operating at the current time. Most of Champion Building's value examination focuses on studying past and present price action to predict the probability of Champion Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Champion Building's price. Additionally, you may evaluate how the addition of Champion Building to your portfolios can decrease your overall portfolio volatility.