Ares International (Taiwan) Price on February 10, 2023
2471 Stock | TWD 47.80 0.35 0.73% |
If you're considering investing in Ares Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ares International stands at 47.80, as last reported on the 26th of November, with the highest price reaching 48.15 and the lowest price hitting 47.80 during the day. Ares International Corp secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of standard deviation over the last 3 months. Ares International Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ares International's mean deviation of 0.7982, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
Ares Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ares |
Sharpe Ratio = -0.1042
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Estimated Market Risk
1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ares International 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 Ares International by adding Ares International to a well-diversified portfolio.
Ares International Valuation on February 10, 2023
It is possible to determine the worth of Ares International on a given historical date. On February 10, 2023 Ares was worth 30.0 at the beginning of the trading date compared to the closed value of 29.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ares International stock. Still, in general, we apply an absolute valuation method to find Ares International'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 Ares International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ares International's related companies.
Open | High | Low | Close | Volume | |
29.40 | 30.30 | 29.40 | 29.95 | 759,295 | |
02/10/2023 | 30.00 | 30.50 | 29.75 | 29.95 | 630,841 |
30.45 | 32.90 | 30.35 | 32.90 | 3,397,232 |
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Ares International Trading Date Momentum on February 10, 2023
On February 13 2023 Ares International Corp was traded for 32.90 at the closing time. The highest price during the trading period was 32.90 and the lowest recorded bid was listed for 30.35 . The volume for the day was 3.4 M. This history from February 13, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 9.85% . The overall trading delta to the current price is 33.22% . |
Ares International Corp Fundamentals Correlations and Trends
By evaluating Ares International'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 Ares International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ares International Stock history
Ares International 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 Ares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ares International 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 Ares International stock prices may prove useful in developing a viable investing in Ares International
Ares International Corp. provides IT products and professional services primarily for financial institutions, government agencies, and enterprises in Taiwan. Ares International Corp. was founded in 1980 and is headquartered in Taipei City, Taiwan. ARES INTERNATIONAL operates under Information Technology Services classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 312 people.
Ares International Stock Technical Analysis
Ares International 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
Ares International Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
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Ares International November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Ares International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ares International shares will generate the highest return on investment. By undertsting and applying Ares International stock market strength indicators, traders can identify Ares International Corp entry and exit signals to maximize returns
Ares International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ares International's price direction in advance. Along with the technical and fundamental analysis of Ares Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ares 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 | (0.06) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | (1.38) |
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Additional Tools for Ares Stock Analysis
When running Ares International's price analysis, check to measure Ares International'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 Ares International is operating at the current time. Most of Ares International's value examination focuses on studying past and present price action to predict the probability of Ares International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ares International's price. Additionally, you may evaluate how the addition of Ares International to your portfolios can decrease your overall portfolio volatility.