Chia Ta (Taiwan) Price on June 7, 2024
| 2033 Stock | TWD 22.35 0.05 0.22% |
If you're considering investing in Chia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chia Ta stands at 22.35, as last reported on the 29th of November, with the highest price reaching 22.75 and the lowest price hitting 22.05 during the day. Chia Ta appears to be not too volatile, given 3 months investment horizon. Chia Ta World secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. By analyzing Chia Ta's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please makes use of Chia Ta's Mean Deviation of 2.64, risk adjusted performance of 0.1161, and Downside Deviation of 2.78 to double-check if our risk estimates are consistent with your expectations.
Chia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chia |
Sharpe Ratio = 0.1392
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Estimated Market Risk
| 3.84 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Chia Ta is performing at about 10% 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 Chia Ta by adding it to a well-diversified portfolio.
Chia Ta Valuation on June 7, 2024
It is possible to determine the worth of Chia Ta on a given historical date. On June 7, 2024 Chia was worth 15.45 at the beginning of the trading date compared to the closed value of 15.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chia Ta stock. Still, in general, we apply an absolute valuation method to find Chia Ta'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 Chia Ta where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chia Ta's related companies.
| Open | High | Low | Close | Volume | |
| 15.80 | 15.80 | 15.40 | 15.45 | 216,000 | |
06/07/2024 | 15.45 | 15.85 | 15.45 | 15.75 | 176,000 |
| 15.70 | 15.75 | 15.45 | 15.45 | 85,000 |
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Chia Ta Trading Date Momentum on June 7, 2024
| On June 11 2024 Chia Ta World was traded for 15.45 at the closing time. The highest price during the trading period was 15.75 and the lowest recorded bid was listed for 15.45 . The volume for the day was 85 K. This history from June 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.90% . The overall trading delta to the current price is 0.32% . |
Chia Ta World Fundamentals Correlations and Trends
By evaluating Chia Ta'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 Chia Ta's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chia Ta Stock history
Chia Ta 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 Chia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chia Ta World 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 Chia Ta stock prices may prove useful in developing a viable investing in Chia Ta
Chia Ta World Co., Ltd. manufactures, processes, and distributes steel products. The company was founded in 1973 and is headquartered in Tainan, Taiwan. CHIA TA operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 147 people.
Chia Ta Stock Technical Analysis
Chia Ta 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
Chia Ta Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Chia Ta World 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.
Chia Ta November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Chia Ta stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chia Ta shares will generate the highest return on investment. By undertsting and applying Chia Ta stock market strength indicators, traders can identify Chia Ta World entry and exit signals to maximize returns
Chia Ta Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chia Ta's price direction in advance. Along with the technical and fundamental analysis of Chia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chia 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 | 0.1161 | |||
| Jensen Alpha | 0.4611 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1472 | |||
| Treynor Ratio | 0.9608 |
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| Volume Indicators |
Additional Tools for Chia Stock Analysis
When running Chia Ta's price analysis, check to measure Chia Ta'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 Chia Ta is operating at the current time. Most of Chia Ta's value examination focuses on studying past and present price action to predict the probability of Chia Ta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chia Ta's price. Additionally, you may evaluate how the addition of Chia Ta to your portfolios can decrease your overall portfolio volatility.