Wei Chih (Taiwan) Price on October 16, 2023

2028 Stock   23.10  0.35  1.54%   
If you're considering investing in Wei Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wei Chih stands at 23.10, as last reported on the 26th of November, with the highest price reaching 23.10 and the lowest price hitting 22.90 during the day. Wei Chih Steel shows Sharpe Ratio of -0.0173, which attests that the company had a -0.0173% return per unit of risk over the last 3 months. Wei Chih Steel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wei Chih's Market Risk Adjusted Performance of (0.15), standard deviation of 1.97, and Mean Deviation of 1.23 to validate the risk estimate we provide.
  
Wei Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0173

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Estimated Market Risk

 2.0
  actual daily
17
83% 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
0
Most of other assets perform better
Based on monthly moving average Wei Chih 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 Wei Chih by adding Wei Chih to a well-diversified portfolio.

Wei Chih Valuation on October 16, 2023

It is possible to determine the worth of Wei Chih on a given historical date. On October 16, 2023 Wei was worth 23.0 at the beginning of the trading date compared to the closed value of 22.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wei Chih stock. Still, in general, we apply an absolute valuation method to find Wei Chih'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 Wei Chih where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wei Chih's related companies.
 Open High Low Close Volume
  23.00    23.35    22.90    23.00    91,083  
10/16/2023
  23.00    23.00    22.55    22.75    86,871  
  22.90    22.95    22.45    22.65    170,000  
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Open Value
23.0
22.75
Closing Value
29.01
Upside

Wei Chih Trading Date Momentum on October 16, 2023

On October 17 2023 Wei Chih Steel was traded for  22.65  at the closing time. The highest price during the trading period was 22.95  and the lowest recorded bid was listed for  22.45 . The volume for the day was 170 K. This history from October 17, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.44% . The trading price change to the current price is 1.32% .

Wei Chih Steel Fundamentals Correlations and Trends

By evaluating Wei Chih'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 Wei Chih's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wei financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Wei Chih Stock history

Wei Chih 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 Wei is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wei Chih Steel 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 Wei Chih stock prices may prove useful in developing a viable investing in Wei Chih

Wei Chih Stock Technical Analysis

Wei Chih 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.
A focus of Wei Chih technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wei Chih trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Wei Chih Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Wei Chih Steel 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.

Wei Chih November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Wei Chih stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wei Chih shares will generate the highest return on investment. By undertsting and applying Wei Chih stock market strength indicators, traders can identify Wei Chih Steel entry and exit signals to maximize returns

Wei Chih Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Wei Chih's price direction in advance. Along with the technical and fundamental analysis of Wei Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wei 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.

Additional Tools for Wei Stock Analysis

When running Wei Chih's price analysis, check to measure Wei Chih'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 Wei Chih is operating at the current time. Most of Wei Chih's value examination focuses on studying past and present price action to predict the probability of Wei Chih's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wei Chih's price. Additionally, you may evaluate how the addition of Wei Chih to your portfolios can decrease your overall portfolio volatility.