First Steamship (Taiwan) Price on February 15, 2023
| 2601 Stock | TWD 7.86 0.05 0.64% |
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. As of today, the current price of First Steamship stands at 7.86, as last reported on the 24th of November, with the highest price reaching 7.92 and the lowest price hitting 7.81 during the day. At this stage we consider First Stock to be somewhat reliable. First Steamship secures Sharpe Ratio (or Efficiency) of 0.0602, which denotes the company had a 0.0602% return per unit of risk over the last 3 months. We have found thirty technical indicators for First Steamship Co, which you can use to evaluate the volatility of the firm. Please confirm First Steamship's Downside Deviation of 2.27, coefficient of variation of 1407.42, and Mean Deviation of 1.32 to check if the risk estimate we provide is consistent with the expected return of 0.13%.
First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.0602
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| Cash | Small Risk | 2601 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average First Steamship 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 First Steamship by adding it to a well-diversified portfolio.
First Steamship Valuation on February 15, 2023
It is possible to determine the worth of First Steamship on a given historical date. On February 15, 2023 First was worth 8.42 at the beginning of the trading date compared to the closed value of 8.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Steamship stock. Still, in general, we apply an absolute valuation method to find First Steamship'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 First Steamship where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Steamship's related companies.
| Open | High | Low | Close | Volume | |
| 8.40 | 8.43 | 8.38 | 8.41 | 1,007,482 | |
02/15/2023 | 8.42 | 8.43 | 8.36 | 8.36 | 1,361,814 |
| 8.40 | 8.41 | 8.32 | 8.37 | 1,509,683 |
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First Steamship Trading Date Momentum on February 15, 2023
| On February 16 2023 First Steamship Co was traded for 8.37 at the closing time. The highest price during the trading period was 8.41 and the lowest recorded bid was listed for 8.32 . The volume for the day was 1.5 M. This history from February 16, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.12% . The overall trading delta to the current price is 25.60% . |
First Steamship Fundamentals Correlations and Trends
By evaluating First Steamship'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 First Steamship's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.About First Steamship Stock history
First Steamship 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 First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Steamship 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 First Steamship stock prices may prove useful in developing a viable investing in First Steamship
First Steamship Company, Ltd. operates as a shipping company in Taiwan. First Steamship Company, Ltd. was founded in 1963 and is based in Taipei City, Taiwan. FIRST STEAMSHIP is traded on Taiwan Stock Exchange in Taiwan.
First Steamship Stock Technical Analysis
First Steamship 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
First Steamship Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
First Steamship 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.
First Steamship November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how First Steamship stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Steamship shares will generate the highest return on investment. By undertsting and applying First Steamship stock market strength indicators, traders can identify First Steamship Co entry and exit signals to maximize returns
First Steamship Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Steamship's price direction in advance. Along with the technical and fundamental analysis of First Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of First 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 | 0.0608 | |||
| Jensen Alpha | 0.1208 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0077 | |||
| Treynor Ratio | 0.9594 |
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Additional Tools for First Stock Analysis
When running First Steamship's price analysis, check to measure First Steamship'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 First Steamship is operating at the current time. Most of First Steamship's value examination focuses on studying past and present price action to predict the probability of First Steamship's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Steamship's price. Additionally, you may evaluate how the addition of First Steamship to your portfolios can decrease your overall portfolio volatility.