Goldsun Building (Taiwan) Price on February 29, 2024

2504 Stock  TWD 54.00  1.00  1.82%   
If you're considering investing in Goldsun Stock, it is important to understand the factors that can impact its price. As of today, the current price of Goldsun Building stands at 54.00, as last reported on the 30th of November, with the highest price reaching 55.00 and the lowest price hitting 53.80 during the day. Goldsun Building Mat holds Efficiency (Sharpe) Ratio of -0.0228, which attests that the entity had a -0.0228% return per unit of risk over the last 3 months. Goldsun Building Mat exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Goldsun Building's Risk Adjusted Performance of 0.0235, market risk adjusted performance of (0.06), and Downside Deviation of 2.25 to validate the risk estimate we provide.
  
Goldsun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0228

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Estimated Market Risk

 2.08
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Goldsun Building 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 Goldsun Building by adding Goldsun Building to a well-diversified portfolio.

Goldsun Building Valuation on February 29, 2024

It is possible to determine the worth of Goldsun Building on a given historical date. On February 29, 2024 Goldsun was worth 32.3 at the beginning of the trading date compared to the closed value of 33.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goldsun Building stock. Still, in general, we apply an absolute valuation method to find Goldsun Building'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 Goldsun Building where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goldsun Building's related companies.
 Open High Low Close Volume
  32.05    32.50    31.90    32.35    5,930,847  
02/29/2024
  32.30    33.00    32.20    33.00    7,085,955  
  33.65    34.45    33.30    34.00    12,849,795  
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Open Value
32.3
33.0
Closing Value
38.55
Upside

Goldsun Building Trading Date Momentum on February 29, 2024

On March 01 2024 Goldsun Building Materials was traded for  34.00  at the closing time. The highest price during the trading period was 34.45  and the lowest recorded bid was listed for  33.30 . The volume for the day was 12.8 M. This history from March 1, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 3.03% . The overall trading delta to the current price is 9.55% .

Goldsun Building Mat Fundamentals Correlations and Trends

By evaluating Goldsun Building'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 Goldsun Building's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Goldsun financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Goldsun Building Stock history

Goldsun Building 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 Goldsun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goldsun Building Mat 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 Goldsun Building stock prices may prove useful in developing a viable investing in Goldsun Building
Goldsun Building Materials Co., Ltd. produces and sells ready-mixed concrete, cement, and fireproof building material in Taiwan and Mainland China. Goldsun Building Materials Co., Ltd. founded in 1954 and is headquartered in Taipei City, Taiwan. GOLDSUN BUILDING is traded on Taiwan Stock Exchange in Taiwan.

Goldsun Building Stock Technical Analysis

Goldsun Building 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.
A focus of Goldsun Building technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Goldsun Building trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Goldsun Building Period Price Range

Low
November 30, 2024
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High

 0.00 

     

 0.00 

Goldsun Building Materials 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.

Goldsun Building November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Goldsun Building stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goldsun Building shares will generate the highest return on investment. By undertsting and applying Goldsun Building stock market strength indicators, traders can identify Goldsun Building Materials entry and exit signals to maximize returns

Goldsun Building Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Goldsun Building's price direction in advance. Along with the technical and fundamental analysis of Goldsun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Goldsun 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.

Additional Tools for Goldsun Stock Analysis

When running Goldsun Building's price analysis, check to measure Goldsun Building'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 Goldsun Building is operating at the current time. Most of Goldsun Building's value examination focuses on studying past and present price action to predict the probability of Goldsun Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldsun Building's price. Additionally, you may evaluate how the addition of Goldsun Building to your portfolios can decrease your overall portfolio volatility.