Nantex Industry (Taiwan) Price on October 22, 2024
2108 Stock | TWD 34.80 0.35 1.02% |
If you're considering investing in Nantex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nantex Industry stands at 34.80, as last reported on the 27th of November, with the highest price reaching 34.95 and the lowest price hitting 34.55 during the day. Nantex Industry has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Nantex Industry exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nantex Industry's Standard Deviation of 1.57, risk adjusted performance of (0.08), and Mean Deviation of 1.09 to check out the risk estimate we provide.
Nantex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nantex |
Sharpe Ratio = -0.1203
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Negative Returns | 2108 |
Estimated Market Risk
1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nantex Industry 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 Nantex Industry by adding Nantex Industry to a well-diversified portfolio.
Nantex Industry Valuation on October 22, 2024
It is possible to determine the worth of Nantex Industry on a given historical date. On October 22, 2024 Nantex was worth 36.65 at the beginning of the trading date compared to the closed value of 36.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nantex Industry stock. Still, in general, we apply an absolute valuation method to find Nantex Industry'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 Nantex Industry where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nantex Industry's related companies.
Open | High | Low | Close | Volume | |
36.40 | 36.55 | 36.20 | 36.55 | 179,727 | |
10/22/2024 | 36.65 | 36.65 | 36.20 | 36.25 | 138,900 |
36.35 | 36.60 | 35.60 | 35.70 | 504,974 |
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Nantex Industry Trading Date Momentum on October 22, 2024
On October 23 2024 Nantex Industry Co was traded for 35.70 at the closing time. The highest price during the trading period was 36.60 and the lowest recorded bid was listed for 35.60 . The volume for the day was 505 K. This history from October 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.52% . The trading delta at closing time to the current price is 3.45% . |
Nantex Industry Fundamentals Correlations and Trends
By evaluating Nantex Industry'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 Nantex Industry's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nantex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nantex Industry Stock history
Nantex Industry 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 Nantex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nantex Industry 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 Nantex Industry stock prices may prove useful in developing a viable investing in Nantex Industry
NANTEX Industry Co., Ltd. produces and sells synthetic rubber latex, acrylonitrile-butadiene rubber, carbon masterbatch compounds, and thermoplastic elastomer products worldwide. NANTEX Industry Co., Ltd. was founded in 1979 and is based in Kaohsiung, Taiwan. NANTEX INDUSTRY operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.
Nantex Industry Stock Technical Analysis
Nantex Industry 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
Nantex Industry Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Nantex Industry 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.
Nantex Industry November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nantex Industry stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nantex Industry shares will generate the highest return on investment. By undertsting and applying Nantex Industry stock market strength indicators, traders can identify Nantex Industry Co entry and exit signals to maximize returns
Nantex Industry Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nantex Industry's price direction in advance. Along with the technical and fundamental analysis of Nantex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nantex 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 | (0.08) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.43) | |||
Treynor Ratio | 10.1 |
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Additional Tools for Nantex Stock Analysis
When running Nantex Industry's price analysis, check to measure Nantex Industry'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 Nantex Industry is operating at the current time. Most of Nantex Industry's value examination focuses on studying past and present price action to predict the probability of Nantex Industry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nantex Industry's price. Additionally, you may evaluate how the addition of Nantex Industry to your portfolios can decrease your overall portfolio volatility.