Sheng Yu (Taiwan) Price on August 15, 2024
2029 Stock | TWD 24.90 0.05 0.20% |
If you're considering investing in Sheng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sheng Yu stands at 24.90, as last reported on the 30th of November, with the highest price reaching 24.95 and the lowest price hitting 24.75 during the day. Sheng Yu Steel owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0468, which indicates the firm had a -0.0468% return per unit of risk over the last 3 months. Sheng Yu Steel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sheng Yu's Risk Adjusted Performance of (0.03), variance of 0.9078, and Coefficient Of Variation of (2,193) to confirm the risk estimate we provide.
Sheng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sheng |
Sharpe Ratio = -0.0468
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Negative Returns | 2029 |
Estimated Market Risk
0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sheng Yu 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 Sheng Yu by adding Sheng Yu to a well-diversified portfolio.
Sheng Yu Valuation on August 15, 2024
It is possible to determine the worth of Sheng Yu on a given historical date. On August 15, 2024 Sheng was worth 25.35 at the beginning of the trading date compared to the closed value of 25.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sheng Yu stock. Still, in general, we apply an absolute valuation method to find Sheng Yu'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 Sheng Yu where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sheng Yu's related companies.
Open | High | Low | Close | Volume | |
25.30 | 25.35 | 25.15 | 25.20 | 236,306 | |
08/15/2024 | 25.35 | 25.35 | 25.15 | 25.35 | 165,488 |
25.35 | 25.45 | 25.25 | 25.35 | 403,731 |
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Sheng Yu Trading Date Momentum on August 15, 2024
On August 16 2024 Sheng Yu Steel was traded for 25.35 at the closing time. The highest price during the trading period was 25.45 and the lowest recorded bid was listed for 25.25 . The volume for the day was 403.7 K. This history from August 16, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
Sheng Yu Steel Fundamentals Correlations and Trends
By evaluating Sheng Yu'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 Sheng Yu's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sheng financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sheng Yu Stock history
Sheng Yu 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 Sheng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sheng Yu 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 Sheng Yu stock prices may prove useful in developing a viable investing in Sheng Yu
Sheng Yu Steel Co., Ltd. manufactures, processes, and sells steel sheets in Taiwan. Sheng Yu Steel Co., Ltd. is a subsidiary of Yodogawa Steel Works, Ltd. SHENG YU operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange.
Sheng Yu Stock Technical Analysis
Sheng Yu 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
Sheng Yu Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Sheng Yu 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.
Sheng Yu November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Sheng Yu stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sheng Yu shares will generate the highest return on investment. By undertsting and applying Sheng Yu stock market strength indicators, traders can identify Sheng Yu Steel entry and exit signals to maximize returns
Sheng Yu Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sheng Yu's price direction in advance. Along with the technical and fundamental analysis of Sheng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sheng 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 | (0.03) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | (0.47) |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
Additional Tools for Sheng Stock Analysis
When running Sheng Yu's price analysis, check to measure Sheng Yu'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 Sheng Yu is operating at the current time. Most of Sheng Yu's value examination focuses on studying past and present price action to predict the probability of Sheng Yu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sheng Yu's price. Additionally, you may evaluate how the addition of Sheng Yu to your portfolios can decrease your overall portfolio volatility.