TSRC Corp (Taiwan) Price on October 8, 2024
2103 Stock | TWD 22.85 0.15 0.65% |
If you're considering investing in TSRC Stock, it is important to understand the factors that can impact its price. As of today, the current price of TSRC Corp stands at 22.85, as last reported on the 30th of November, with the highest price reaching 22.95 and the lowest price hitting 22.70 during the day. TSRC Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0099, which indicates the firm had a -0.0099% return per unit of standard deviation over the last 3 months. TSRC Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TSRC Corp's variance of 1.95, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
TSRC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TSRC |
Sharpe Ratio = -0.0099
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Negative Returns | 2103 |
Estimated Market Risk
1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TSRC 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 TSRC Corp by adding TSRC Corp to a well-diversified portfolio.
TSRC Corp Valuation on October 8, 2024
It is possible to determine the worth of TSRC Corp on a given historical date. On October 8, 2024 TSRC was worth 24.8 at the beginning of the trading date compared to the closed value of 25.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TSRC Corp stock. Still, in general, we apply an absolute valuation method to find TSRC 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 TSRC Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TSRC Corp's related companies.
Open | High | Low | Close | Volume | |
24.20 | 25.00 | 24.20 | 24.75 | 9,387,769 | |
10/08/2024 | 24.80 | 25.50 | 24.75 | 25.35 | 10,793,132 |
25.55 | 25.60 | 24.35 | 24.40 | 5,194,183 |
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TSRC Corp Trading Date Momentum on October 8, 2024
On October 09 2024 TSRC Corp was traded for 24.40 at the closing time. The highest price during the trading period was 25.60 and the lowest recorded bid was listed for 24.35 . The volume for the day was 5.2 M. This history from October 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.75% . The trading price change to the current price is 3.75% . |
TSRC Corp Fundamentals Correlations and Trends
By evaluating TSRC 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 TSRC Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TSRC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TSRC Corp Stock history
TSRC 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 TSRC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TSRC 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 TSRC Corp stock prices may prove useful in developing a viable investing in TSRC Corp
TSRC Corporation manufactures and markets synthetic rubber and elastomers, and applied materials in Taiwan and internationally. TSRC Corporation was founded in 1973 and is headquartered in Kaohsiung, Taiwan. TSRC CORPORATION is traded on Taiwan Stock Exchange in Taiwan.
TSRC Corp Stock Technical Analysis
TSRC 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
TSRC Corp Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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TSRC Corp November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how TSRC 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 TSRC Corp shares will generate the highest return on investment. By undertsting and applying TSRC Corp stock market strength indicators, traders can identify TSRC Corp entry and exit signals to maximize returns
TSRC Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TSRC Corp's price direction in advance. Along with the technical and fundamental analysis of TSRC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TSRC 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 | (0.01) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | 0.2662 |
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Additional Tools for TSRC Stock Analysis
When running TSRC Corp's price analysis, check to measure TSRC 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 TSRC Corp is operating at the current time. Most of TSRC Corp's value examination focuses on studying past and present price action to predict the probability of TSRC 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 TSRC Corp's price. Additionally, you may evaluate how the addition of TSRC Corp to your portfolios can decrease your overall portfolio volatility.