Goldsun Building (Taiwan) Price on June 5, 2024
| 2504 Stock | TWD 52.40 1.90 3.50% |
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 52.40, as last reported on the 24th of November, with the highest price reaching 54.60 and the lowest price hitting 52.40 during the day. At this stage we consider Goldsun Stock to be very steady. Goldsun Building Mat holds Efficiency (Sharpe) Ratio of 0.0219, which attests that the entity had a 0.0219% return per unit of risk over the last 3 months. We have found thirty technical indicators for Goldsun Building Mat, which you can use to evaluate the volatility of the firm. Please check out Goldsun Building's Market Risk Adjusted Performance of (0.39), risk adjusted performance of 0.0329, and Downside Deviation of 2.25 to validate if the risk estimate we provide is consistent with the expected return of 0.0444%.
Goldsun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Goldsun |
Sharpe Ratio = 0.0219
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2504 |
Estimated Market Risk
| 2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Goldsun Building is performing at about 1% 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 Goldsun Building by adding it to a well-diversified portfolio.
Goldsun Building Valuation on June 5, 2024
It is possible to determine the worth of Goldsun Building on a given historical date. On June 5, 2024 Goldsun was worth 46.25 at the beginning of the trading date compared to the closed value of 45.85. 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 | |
| 46.50 | 47.00 | 45.15 | 46.10 | 15,628,149 | |
06/05/2024 | 46.25 | 46.45 | 45.40 | 45.85 | 12,858,313 |
| 45.90 | 47.20 | 45.50 | 47.15 | 12,226,886 |
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Goldsun Building Trading Date Momentum on June 5, 2024
| On June 06 2024 Goldsun Building Materials was traded for 47.15 at the closing time. The highest price during the trading period was 47.20 and the lowest recorded bid was listed for 45.50 . The volume for the day was 12.2 M. This history from June 6, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 2.84% . The overall trading delta to the current price is 5.78% . |
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.
Price Boundaries
Goldsun Building Period Price Range
Low | November 24, 2024
| 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 24, 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.
| Risk Adjusted Performance | 0.0329 | |||
| Jensen Alpha | 0.0781 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.40) |
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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.