Federal Corp (Taiwan) Price on March 7, 2023
2102 Stock | TWD 21.05 0.20 0.94% |
If you're considering investing in Federal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Federal Corp stands at 21.05, as last reported on the 11th of December 2024, with the highest price reaching 21.40 and the lowest price hitting 20.90 during the day. Federal Corp secures Sharpe Ratio (or Efficiency) of -0.0307, which denotes the company had a -0.0307% return per unit of risk over the last 3 months. Federal Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Federal Corp's Variance of 1.12, mean deviation of 0.7488, and Standard Deviation of 1.06 to check the risk estimate we provide.
Federal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Federal |
Sharpe Ratio = -0.0307
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Negative Returns | 2102 |
Estimated Market Risk
1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Federal Corp 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 Federal Corp by adding Federal Corp to a well-diversified portfolio.
Federal Corp Valuation on March 7, 2023
It is possible to determine the worth of Federal Corp on a given historical date. On March 7, 2023 Federal was worth 21.65 at the beginning of the trading date compared to the closed value of 21.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Federal Corp stock. Still, in general, we apply an absolute valuation method to find Federal Corp'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 Federal Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Federal Corp's related companies.
Open | High | Low | Close | Volume | |
21.60 | 21.90 | 21.55 | 21.65 | 903,891 | |
03/07/2023 | 21.65 | 21.80 | 21.60 | 21.75 | 477,163 |
21.55 | 21.85 | 21.50 | 21.70 | 655,867 |
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Federal Corp Trading Date Momentum on March 7, 2023
On March 08 2023 Federal Corp was traded for 21.70 at the closing time. The highest price during the trading period was 21.85 and the lowest recorded bid was listed for 21.50 . The volume for the day was 655.9 K. This history from March 8, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.23% . The overall trading delta to the current price is 6.67% . |
Federal Corp Fundamentals Correlations and Trends
By evaluating Federal Corp'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 Federal Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Federal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Federal Corp Stock history
Federal Corp 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 Federal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Federal Corp 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 Federal Corp stock prices may prove useful in developing a viable investing in Federal Corp
Federal Corporation produces and sells tires in Taiwan and internationally. Federal Corporation was founded in 1954 and is based in Taoyuan City, Taiwan. FEDERAL CORP is traded on Taiwan Stock Exchange in Taiwan.
Federal Corp Stock Technical Analysis
Federal Corp 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
Federal Corp Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Federal Corp 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.
Federal Corp December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Federal Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Federal Corp shares will generate the highest return on investment. By undertsting and applying Federal Corp stock market strength indicators, traders can identify Federal Corp entry and exit signals to maximize returns
Federal Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Federal Corp's price direction in advance. Along with the technical and fundamental analysis of Federal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Federal 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 | (0.03) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.23) | |||
Treynor Ratio | 0.3822 |
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Additional Tools for Federal Stock Analysis
When running Federal Corp's price analysis, check to measure Federal Corp'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 Federal Corp is operating at the current time. Most of Federal Corp's value examination focuses on studying past and present price action to predict the probability of Federal Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Federal Corp's price. Additionally, you may evaluate how the addition of Federal Corp to your portfolios can decrease your overall portfolio volatility.