Cub Elecparts (Taiwan) Price on May 29, 2024
| 2231 Stock | TWD 106.00 0.50 0.47% |
If you're considering investing in Cub Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cub Elecparts stands at 106.00, as last reported on the 25th of November, with the highest price reaching 108.00 and the lowest price hitting 106.00 during the day. At this stage we consider Cub Stock to be very steady. Cub Elecparts secures Sharpe Ratio (or Efficiency) of 0.0608, which signifies that the company had a 0.0608% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Cub Elecparts, which you can use to evaluate the volatility of the firm. Please confirm Cub Elecparts' mean deviation of 1.12, and Risk Adjusted Performance of 0.0394 to double-check if the risk estimate we provide is consistent with the expected return of 0.0972%.
Cub Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cub |
Sharpe Ratio = 0.0608
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| Cash | Small Risk | 2231 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Cub Elecparts is performing at about 4% 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 Cub Elecparts by adding it to a well-diversified portfolio.
Cub Elecparts Valuation on May 29, 2024
It is possible to determine the worth of Cub Elecparts on a given historical date. On May 29, 2024 Cub was worth 125.0 at the beginning of the trading date compared to the closed value of 131.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cub Elecparts stock. Still, in general, we apply an absolute valuation method to find Cub Elecparts' 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 Cub Elecparts where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cub Elecparts' related companies.
| Open | High | Low | Close | Volume | |
| 121.00 | 124.00 | 119.50 | 124.00 | 944,159 | |
05/29/2024 | 125.00 | 131.50 | 125.00 | 131.00 | 2,382,043 |
| 132.00 | 134.50 | 129.00 | 132.50 | 1,939,429 |
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Cub Elecparts Trading Date Momentum on May 29, 2024
| On May 30 2024 Cub Elecparts was traded for 132.50 at the closing time. The highest price during the trading period was 134.50 and the lowest recorded bid was listed for 129.00 . The volume for the day was 1.9 M. This history from May 30, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.15% . The overall trading delta to the current price is 0.38% . |
Cub Elecparts Fundamentals Correlations and Trends
By evaluating Cub Elecparts' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cub Elecparts' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cub financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cub Elecparts Stock history
Cub Elecparts 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 Cub is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cub Elecparts 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 Cub Elecparts stock prices may prove useful in developing a viable investing in Cub Elecparts
Cub Elecparts Inc. manufactures and supplies automobile electrical and electronic parts in Taiwan, China, the United States, Germany, and internationally. Cub Elecparts Inc. was founded in 1979 and is based in Changhua, Taiwan. CUB ELECPARTS operates under Auto Parts classification in Taiwan and is traded on Taiwan Stock Exchange.
Cub Elecparts Stock Technical Analysis
Cub Elecparts 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
Cub Elecparts Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Cub Elecparts 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.
Cub Elecparts November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Cub Elecparts stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cub Elecparts shares will generate the highest return on investment. By undertsting and applying Cub Elecparts stock market strength indicators, traders can identify Cub Elecparts entry and exit signals to maximize returns
Cub Elecparts Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cub Elecparts' price direction in advance. Along with the technical and fundamental analysis of Cub Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cub 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 | 0.0394 | |||
| Jensen Alpha | 0.0054 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1325 |
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Additional Tools for Cub Stock Analysis
When running Cub Elecparts' price analysis, check to measure Cub Elecparts' 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 Cub Elecparts is operating at the current time. Most of Cub Elecparts' value examination focuses on studying past and present price action to predict the probability of Cub Elecparts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cub Elecparts' price. Additionally, you may evaluate how the addition of Cub Elecparts to your portfolios can decrease your overall portfolio volatility.