Tycoons Group (Taiwan) Price on December 11, 2024
| 2022 Stock | TWD 9.30 0.06 0.65% |
If you're considering investing in Tycoons Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tycoons Group stands at 9.30, as last reported on the 12th of December 2024, with the highest price reaching 9.32 and the lowest price hitting 9.20 during the day. At this stage we consider Tycoons Stock to be not too volatile. Tycoons Group Enterprise owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0154, which indicates the firm had a 0.0154% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tycoons Group Enterprise, which you can use to evaluate the volatility of the company. Please validate Tycoons Group's Semi Deviation of 1.2, coefficient of variation of 6287.69, and Risk Adjusted Performance of 0.0175 to confirm if the risk estimate we provide is consistent with the expected return of 0.0286%.
Tycoons Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tycoons |
Sharpe Ratio = 0.0154
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| Negative Returns | 2022 |
Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Tycoons Group is performing at about 1% 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 Tycoons Group by adding it to a well-diversified portfolio.
Tycoons Group Valuation on December 11, 2024
It is possible to determine the worth of Tycoons Group on a given historical date. On December 11, 2024 Tycoons was worth 9.24 at the beginning of the trading date compared to the closed value of 9.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tycoons Group stock. Still, in general, we apply an absolute valuation method to find Tycoons Group'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 Tycoons Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tycoons Group's related companies.
| Open | High | Low | Close | Volume | |
| 9.24 | 9.48 | 9.24 | 9.24 | 464,509 | |
12/11/2024 | 9.24 | 9.32 | 9.20 | 9.30 | 236,157 |
| Backtest Tycoons Group | | | Tycoons Group History | | | Tycoons Group Valuation | Previous |
Tycoons Group Trading Date Momentum on December 11, 2024
| On December 11 2024 Tycoons Group Enterprise was traded for 9.30 at the closing time. The highest price during the trading period was 9.32 and the lowest recorded bid was listed for 9.20 . The volume for the day was 236.2 K. This history from December 11, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.65% . |
Tycoons Group Enterprise Fundamentals Correlations and Trends
By evaluating Tycoons Group'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 Tycoons Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tycoons financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tycoons Group Stock history
Tycoons Group 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 Tycoons is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tycoons Group Enterprise 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 Tycoons Group stock prices may prove useful in developing a viable investing in Tycoons Group
,Ltd. produces and sells spheroidized annealed wires, screws, and automotive fasteners worldwide. ,Ltd. was founded in 1980 and is based in Kaohsiung City, Taiwan. TYCOONS GROUP operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 1427 people.
Tycoons Group Stock Technical Analysis
Tycoons Group 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
Tycoons Group Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Tycoons Group Enterprise 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.
Tycoons Group December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Tycoons Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tycoons Group shares will generate the highest return on investment. By undertsting and applying Tycoons Group stock market strength indicators, traders can identify Tycoons Group Enterprise entry and exit signals to maximize returns
Tycoons Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tycoons Group's price direction in advance. Along with the technical and fundamental analysis of Tycoons Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tycoons 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 | 0.0175 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0288 |
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Additional Tools for Tycoons Stock Analysis
When running Tycoons Group's price analysis, check to measure Tycoons Group'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 Tycoons Group is operating at the current time. Most of Tycoons Group's value examination focuses on studying past and present price action to predict the probability of Tycoons Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tycoons Group's price. Additionally, you may evaluate how the addition of Tycoons Group to your portfolios can decrease your overall portfolio volatility.