YC Inox (Taiwan) Price on September 18, 2024
2034 Stock | TWD 20.45 0.05 0.25% |
If you're considering investing in 2034 Stock, it is important to understand the factors that can impact its price. As of today, the current price of YC Inox stands at 20.45, as last reported on the 28th of November, with the highest price reaching 20.70 and the lowest price hitting 20.20 during the day. YC Inox retains Efficiency (Sharpe Ratio) of -0.15, which attests that the company had a -0.15% return per unit of price deviation over the last 3 months. YC Inox exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out YC Inox's market risk adjusted performance of (5.45), and Information Ratio of (0.19) to validate the risk estimate we provide.
2034 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
2034 |
Sharpe Ratio = -0.1456
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Estimated Market Risk
1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average YC Inox 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 YC Inox by adding YC Inox to a well-diversified portfolio.
YC Inox Valuation on September 18, 2024
It is possible to determine the worth of YC Inox on a given historical date. On September 18, 2024 2034 was worth 22.85 at the beginning of the trading date compared to the closed value of 23.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of YC Inox stock. Still, in general, we apply an absolute valuation method to find YC Inox'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 YC Inox where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against YC Inox's related companies.
Open | High | Low | Close | Volume | |
22.55 | 23.15 | 22.50 | 23.00 | 446,798 | |
09/18/2024 | 22.85 | 23.15 | 22.85 | 23.05 | 345,071 |
23.30 | 23.50 | 23.15 | 23.30 | 561,333 |
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YC Inox Trading Date Momentum on September 18, 2024
On September 19 2024 YC Inox Co was traded for 23.30 at the closing time. The highest price during the trading period was 23.50 and the lowest recorded bid was listed for 23.15 . The volume for the day was 561.3 K. This history from September 19, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.08% . The trading price change to the current price is 6.94% . |
YC Inox Fundamentals Correlations and Trends
By evaluating YC Inox'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 YC Inox's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 2034 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About YC Inox Stock history
YC Inox 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 2034 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in YC Inox 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 YC Inox stock prices may prove useful in developing a viable investing in YC Inox
YC Inox Co., Ltd. manufactures and sells stainless steel products in Taiwan. YC Inox Co., Ltd. was founded in 1973 and is headquartered in Changhua City, Taiwan. YC INOX operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 913 people.
YC Inox Stock Technical Analysis
YC Inox 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
YC Inox Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
YC Inox Co 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.
YC Inox November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how YC Inox stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading YC Inox shares will generate the highest return on investment. By undertsting and applying YC Inox stock market strength indicators, traders can identify YC Inox Co entry and exit signals to maximize returns
YC Inox Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for YC Inox's price direction in advance. Along with the technical and fundamental analysis of 2034 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 2034 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 | (0.08) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | (5.46) |
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Additional Tools for 2034 Stock Analysis
When running YC Inox's price analysis, check to measure YC Inox'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 YC Inox is operating at the current time. Most of YC Inox's value examination focuses on studying past and present price action to predict the probability of YC Inox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YC Inox's price. Additionally, you may evaluate how the addition of YC Inox to your portfolios can decrease your overall portfolio volatility.