YC Inox (Taiwan) Price on October 31, 2024

2034 Stock  TWD 20.25  0.20  0.98%   
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 20.25, as last reported on the 1st of December, with the highest price reaching 20.40 and the lowest price hitting 20.25 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-four 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 (0.57), and Information Ratio of (0.21) 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.

Sharpe Ratio = -0.1478

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Negative Returns2034

Estimated Market Risk

 1.54
  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 October 31, 2024

It is possible to determine the worth of YC Inox on a given historical date. On October 31, 2024 2034 was worth 21.7 at the beginning of the trading date compared to the closed value of 21.7. 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
  21.90    21.90    21.60    21.70    524,813  
10/31/2024
  21.70    21.70    21.70    21.70    1.00  
  21.50    22.10    21.40    22.05    582,627  
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Open Value
21.7
21.7
Closing Value
26.31
Upside

YC Inox Trading Date Momentum on October 31, 2024

On November 01 2024 YC Inox Co was traded for  22.05  at the closing time. The highest price during the trading period was 22.10  and the lowest recorded bid was listed for  21.40 . The volume for the day was 582.6 K. This history from November 1, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.61% . The trading price change to the current price is 3.23% .

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.
A focus of YC Inox technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of YC Inox 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

YC Inox Period Price Range

Low
December 1, 2024
0.00  NaN%
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 December 1, 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.

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.