King Slide (Taiwan) Price on April 23, 2024
| 2059 Stock | TWD 1,525 50.00 3.17% |
If you're considering investing in King Stock, it is important to understand the factors that can impact its price. As of today, the current price of King Slide stands at 1,525, as last reported on the 11th of December 2024, with the highest price reaching 1,555 and the lowest price hitting 1,515 during the day. King Slide appears to be very steady, given 3 months investment horizon. King Slide Works has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing King Slide's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please exercise King Slide's Mean Deviation of 2.42, downside deviation of 3.46, and Risk Adjusted Performance of 0.1112 to check out if our risk estimates are consistent with your expectations.
King Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
King |
Sharpe Ratio = 0.1561
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| Small Returns | 2059 | |||
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Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average King Slide is performing at about 12% 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 King Slide by adding it to a well-diversified portfolio.
King Slide Valuation on April 23, 2024
It is possible to determine the worth of King Slide on a given historical date. On April 23, 2024 King was worth 1145.0 at the beginning of the trading date compared to the closed value of 1080.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of King Slide stock. Still, in general, we apply an absolute valuation method to find King Slide'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 King Slide where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against King Slide's related companies.
| Open | High | Low | Close | Volume | |
| 1,240 | 1,240 | 1,110 | 1,110 | 2,276,778 | |
04/23/2024 | 1,145 | 1,150 | 1,065 | 1,080 | 1,660,234 |
| 1,125 | 1,170 | 1,115 | 1,160 | 1,534,497 |
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King Slide Trading Date Momentum on April 23, 2024
| On April 24 2024 King Slide Works was traded for 1,160 at the closing time. The highest price during the trading period was 1,170 and the lowest recorded bid was listed for 1,115 . The volume for the day was 1.5 M. This history from April 24, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 7.41% . The trading delta at closing time to the current price is 13.43% . |
King Slide Works Fundamentals Correlations and Trends
By evaluating King Slide'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 King Slide's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. King financial account trend analysis is a perfect complement when working with valuation or volatility modules.About King Slide Stock history
King Slide 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 King is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in King Slide Works 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 King Slide stock prices may prove useful in developing a viable investing in King Slide
King Slide Works Co., Ltd. manufactures, processes and sells the rail kits for computer and network communication equipment, furniture accessories, slides, and molds in Taiwan. King Slide Works Co., Ltd. was founded in 1986 and is headquartered in Kaohsiung, Taiwan. KING SLIDE operates under Diversified Industrials classification in Taiwan and is traded on Taiwan Stock Exchange.
King Slide Stock Technical Analysis
King Slide 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
King Slide Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
King Slide Works 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.
King Slide December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how King Slide stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading King Slide shares will generate the highest return on investment. By undertsting and applying King Slide stock market strength indicators, traders can identify King Slide Works entry and exit signals to maximize returns
King Slide Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for King Slide's price direction in advance. Along with the technical and fundamental analysis of King Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of King 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 | 0.1112 | |||
| Jensen Alpha | 0.2981 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0968 | |||
| Treynor Ratio | 0.3403 |
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Additional Tools for King Stock Analysis
When running King Slide's price analysis, check to measure King Slide'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 King Slide is operating at the current time. Most of King Slide's value examination focuses on studying past and present price action to predict the probability of King Slide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move King Slide's price. Additionally, you may evaluate how the addition of King Slide to your portfolios can decrease your overall portfolio volatility.