China Steel (Taiwan) Price on September 25, 2024
| 2002A Stock | TWD 41.75 0.05 0.12% |
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China Steel stands at 41.75, as last reported on the 1st of December, with the highest price reaching 41.85 and the lowest price hitting 41.75 during the day. China Steel Corp secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. China Steel Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Steel's Risk Adjusted Performance of (0.11), mean deviation of 0.2019, and Standard Deviation of 0.2758 to double-check the risk estimate we provide.
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = -0.1618
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2002A |
Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China Steel 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 China Steel by adding China Steel to a well-diversified portfolio.
China Steel Valuation on September 25, 2024
It is possible to determine the worth of China Steel on a given historical date. On September 25, 2024 China was worth 42.65 at the beginning of the trading date compared to the closed value of 42.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Steel stock. Still, in general, we apply an absolute valuation method to find China Steel'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 China Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Steel's related companies.
| Open | High | Low | Close | Volume | |
| 42.55 | 42.65 | 42.15 | 42.65 | 58,197 | |
09/25/2024 | 42.65 | 42.65 | 42.50 | 42.50 | 25,299 |
| 42.60 | 42.60 | 42.50 | 42.55 | 10,012 |
| Backtest China Steel | | | China Steel History | | | China Steel Valuation | Previous | Next |
China Steel Trading Date Momentum on September 25, 2024
| On September 26 2024 China Steel Corp was traded for 42.55 at the closing time. The highest price during the trading period was 42.60 and the lowest recorded bid was listed for 42.50 . The volume for the day was 10 K. This history from September 26, 2024 contributed to the next trading day price appreciation. The daily price change to the next closing price was 0.12% . The overall trading delta to the current price is 0.00% . |
China Steel Corp Fundamentals Correlations and Trends
By evaluating China Steel'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 China Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China Steel Stock history
China Steel 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Steel 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 China Steel stock prices may prove useful in developing a viable investing in China Steel
China Steel Corporation manufactures and sells steel products primarily in Taiwan, Vietnam, Malaysia, China, India, and internationally. The company was founded in 1971 and is headquartered in Kaohsiung, Taiwan. CHINA STEEL operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 28782 people.
China Steel Stock Technical Analysis
China Steel 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
China Steel Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
China Steel 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.
China Steel December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how China Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Steel shares will generate the highest return on investment. By undertsting and applying China Steel stock market strength indicators, traders can identify China Steel Corp entry and exit signals to maximize returns
China Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Steel's price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China 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 | (0.11) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (9.71) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for China Stock Analysis
When running China Steel's price analysis, check to measure China Steel'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 China Steel is operating at the current time. Most of China Steel's value examination focuses on studying past and present price action to predict the probability of China Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Steel's price. Additionally, you may evaluate how the addition of China Steel to your portfolios can decrease your overall portfolio volatility.