Sincere Navigation (Taiwan) Price on December 5, 2023
| 2605 Stock | TWD 26.60 0.40 1.48% |
If you're considering investing in Sincere Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sincere Navigation stands at 26.60, as last reported on the 11th of December 2024, with the highest price reaching 27.25 and the lowest price hitting 26.55 during the day. At this stage we consider Sincere Stock to be very steady. Sincere Navigation Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0534, which indicates the firm had a 0.0534% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sincere Navigation Corp, which you can use to evaluate the volatility of the company. Please validate Sincere Navigation's Semi Deviation of 1.25, coefficient of variation of 2583.86, and Risk Adjusted Performance of 0.034 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
Sincere Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sincere |
Sharpe Ratio = 0.0534
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| Cash | Small Risk | 2605 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Sincere Navigation 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 Sincere Navigation by adding it to a well-diversified portfolio.
Sincere Navigation Valuation on December 5, 2023
It is possible to determine the worth of Sincere Navigation on a given historical date. On December 5, 2023 Sincere was worth 28.0 at the beginning of the trading date compared to the closed value of 28.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sincere Navigation stock. Still, in general, we apply an absolute valuation method to find Sincere Navigation'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 Sincere Navigation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sincere Navigation's related companies.
| Open | High | Low | Close | Volume | |
| 24.65 | 26.20 | 24.30 | 26.20 | 51,593,626 | |
12/05/2023 | 28.00 | 28.80 | 27.55 | 28.80 | 139,079,647 |
| 28.00 | 29.75 | 27.10 | 28.50 | 108,189,340 |
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Sincere Navigation Trading Date Momentum on December 5, 2023
| On December 06 2023 Sincere Navigation Corp was traded for 28.50 at the closing time. The highest price during the trading period was 29.75 and the lowest recorded bid was listed for 27.10 . The volume for the day was 108.2 M. This history from December 6, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.04% . The trading price change to the current price is 5.03% . |
Sincere Navigation Corp Fundamentals Correlations and Trends
By evaluating Sincere Navigation'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 Sincere Navigation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sincere financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sincere Navigation Stock history
Sincere Navigation 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 Sincere is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sincere Navigation 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 Sincere Navigation stock prices may prove useful in developing a viable investing in Sincere Navigation
Sincere Navigation Corporation, a shipping transportation company, owns and operates bulk cargo vessels in Taiwan. The company was founded in 1960 and is based in Taipei City, Taiwan. SINCERE NAVIGATION operates under Shipping Ports classification in Taiwan and is traded on Taiwan Stock Exchange.
Sincere Navigation Stock Technical Analysis
Sincere Navigation 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
Sincere Navigation Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Sincere Navigation December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Sincere Navigation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sincere Navigation shares will generate the highest return on investment. By undertsting and applying Sincere Navigation stock market strength indicators, traders can identify Sincere Navigation Corp entry and exit signals to maximize returns
Sincere Navigation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sincere Navigation's price direction in advance. Along with the technical and fundamental analysis of Sincere Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sincere 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 | 0.034 | |||
| Jensen Alpha | 0.0773 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.44) |
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Additional Tools for Sincere Stock Analysis
When running Sincere Navigation's price analysis, check to measure Sincere Navigation'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 Sincere Navigation is operating at the current time. Most of Sincere Navigation's value examination focuses on studying past and present price action to predict the probability of Sincere Navigation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sincere Navigation's price. Additionally, you may evaluate how the addition of Sincere Navigation to your portfolios can decrease your overall portfolio volatility.