Chih Lien (Taiwan) Price on June 7, 2023
| 2024 Stock | TWD 20.65 0.45 2.23% |
If you're considering investing in Chih Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chih Lien stands at 20.65, as last reported on the 26th of November, with the highest price reaching 20.65 and the lowest price hitting 20.00 during the day. Chih Lien Industrial secures Sharpe Ratio (or Efficiency) of -0.0692, which signifies that the company had a -0.0692% return per unit of risk over the last 3 months. Chih Lien Industrial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chih Lien's Mean Deviation of 1.32, risk adjusted performance of (0.04), and Standard Deviation of 2.04 to double-check the risk estimate we provide.
Chih Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chih |
Sharpe Ratio = -0.0692
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| Negative Returns | 2024 |
Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.14 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 Chih Lien 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 Chih Lien by adding Chih Lien to a well-diversified portfolio.
Chih Lien Valuation on June 7, 2023
It is possible to determine the worth of Chih Lien on a given historical date. On June 7, 2023 Chih was worth 18.05 at the beginning of the trading date compared to the closed value of 18.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chih Lien stock. Still, in general, we apply an absolute valuation method to find Chih Lien'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 Chih Lien where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chih Lien's related companies.
| Open | High | Low | Close | Volume | |
| 18.00 | 18.05 | 17.90 | 17.90 | 17,409 | |
06/07/2023 | 18.05 | 18.10 | 18.00 | 18.10 | 28,008 |
| 18.00 | 18.00 | 18.00 | 18.00 | 7,025 |
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Chih Lien Trading Date Momentum on June 7, 2023
| On June 08 2023 Chih Lien Industrial was traded for 18.00 at the closing time. The highest price during the trading period was 18.00 and the lowest recorded bid was listed for 18.00 . The volume for the day was 7 K. This history from June 8, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.55% . The overall trading delta to the current price is 0.00% . |
Chih Lien Industrial Fundamentals Correlations and Trends
By evaluating Chih Lien'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 Chih Lien's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chih financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chih Lien Stock history
Chih Lien 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 Chih is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chih Lien Industrial 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 Chih Lien stock prices may prove useful in developing a viable investing in Chih Lien
Chih Lien Industrial Co., Ltd. produces and supplies steel wires and steel bars in Taiwan and internationally. Chih Lien Industrial Co., Ltd. was founded in 1973 and is headquartered in Taoyuan City, Taiwan. CHIH LIEN operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 185 people.
Chih Lien Stock Technical Analysis
Chih Lien 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
Chih Lien Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Chih Lien Industrial 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.
Chih Lien November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Chih Lien stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chih Lien shares will generate the highest return on investment. By undertsting and applying Chih Lien stock market strength indicators, traders can identify Chih Lien Industrial entry and exit signals to maximize returns
Chih Lien Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chih Lien's price direction in advance. Along with the technical and fundamental analysis of Chih Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chih 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 | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.31) |
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Additional Tools for Chih Stock Analysis
When running Chih Lien's price analysis, check to measure Chih Lien'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 Chih Lien is operating at the current time. Most of Chih Lien's value examination focuses on studying past and present price action to predict the probability of Chih Lien's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chih Lien's price. Additionally, you may evaluate how the addition of Chih Lien to your portfolios can decrease your overall portfolio volatility.