Feng Ching (Taiwan) Price on August 2, 2023

2061 Stock  TWD 20.15  0.15  0.75%   
If you're considering investing in Feng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Feng Ching stands at 20.15, as last reported on the 26th of November, with the highest price reaching 20.30 and the lowest price hitting 19.80 during the day. Feng Ching Metal secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. Feng Ching Metal exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Feng Ching's Mean Deviation of 1.39, standard deviation of 1.81, and Variance of 3.27 to check the risk estimate we provide.
  
Feng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.167

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Estimated Market Risk

 1.81
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.3
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Feng Ching 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 Feng Ching by adding Feng Ching to a well-diversified portfolio.

Feng Ching Valuation on August 2, 2023

It is possible to determine the worth of Feng Ching on a given historical date. On August 2, 2023 Feng was worth 18.85 at the beginning of the trading date compared to the closed value of 20.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Feng Ching stock. Still, in general, we apply an absolute valuation method to find Feng Ching'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 Feng Ching where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Feng Ching's related companies.
 Open High Low Close Volume
  18.70    18.70    18.40    18.50    31,000  
08/02/2023
  18.85    20.35    18.85    20.35    1,168,000  
  20.35    20.35    20.35    20.35    1.00  
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Open Value
18.85
20.35
Closing Value
24.27
Upside

Feng Ching Trading Date Momentum on August 2, 2023

On August 03 2023 Feng Ching Metal was traded for  20.35  at the closing time. The highest price during the trading period was 20.35  and the lowest recorded bid was listed for  20.35 . There was no trading activity during the period 1.0. Lack of trading volume on August 3, 2023 did not affect price variability. The overall trading delta to the current price is 11.55% .

Feng Ching Metal Fundamentals Correlations and Trends

By evaluating Feng Ching'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 Feng Ching's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Feng financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Feng Ching Stock history

Feng Ching 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 Feng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Feng Ching Metal 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 Feng Ching stock prices may prove useful in developing a viable investing in Feng Ching
Feng Ching Metal Corporation produces and sells copper wires and enameled copper wires primarily for use in electronic, electrical appliance, and communication technology industries in Taiwan and internationally. The company was founded in 1983 and is based in Kaohsiung, Taiwan. FENG CHING operates under Electrical Equipment Parts classification in Taiwan and is traded on Taiwan OTC Exchange.

Feng Ching Stock Technical Analysis

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

Feng Ching Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Feng Ching Metal cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.

Feng Ching November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Feng Ching stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Feng Ching shares will generate the highest return on investment. By undertsting and applying Feng Ching stock market strength indicators, traders can identify Feng Ching Metal entry and exit signals to maximize returns

Feng Ching Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Feng Ching's price direction in advance. Along with the technical and fundamental analysis of Feng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Feng 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 Feng Stock Analysis

When running Feng Ching's price analysis, check to measure Feng Ching'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 Feng Ching is operating at the current time. Most of Feng Ching's value examination focuses on studying past and present price action to predict the probability of Feng Ching's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Feng Ching's price. Additionally, you may evaluate how the addition of Feng Ching to your portfolios can decrease your overall portfolio volatility.