China Airlines (Taiwan) Price on September 23, 2024
| 2610 Stock | TWD 24.70 0.10 0.41% |
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China Airlines stands at 24.70, as last reported on the 26th of November, with the highest price reaching 25.00 and the lowest price hitting 24.45 during the day. China Airlines appears to be very steady, given 3 months investment horizon. China Airlines secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China Airlines, which you can use to evaluate the volatility of the firm. Please makes use of China Airlines' Risk Adjusted Performance of 0.1565, mean deviation of 0.8802, and Downside Deviation of 1.55 to double-check if our risk estimates are consistent with your expectations.
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.2092
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| Small Returns | 2610 | |||
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Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average China Airlines is performing at about 16% 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 China Airlines by adding it to a well-diversified portfolio.
China Airlines Valuation on September 23, 2024
It is possible to determine the worth of China Airlines on a given historical date. On September 23, 2024 China was worth 21.45 at the beginning of the trading date compared to the closed value of 21.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Airlines stock. Still, in general, we apply an absolute valuation method to find China Airlines' 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 China Airlines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Airlines' related companies.
| Open | High | Low | Close | Volume | |
| 21.40 | 21.45 | 21.15 | 21.30 | 21,838,764 | |
09/23/2024 | 21.45 | 21.50 | 21.15 | 21.50 | 19,709,970 |
| 21.50 | 21.85 | 21.50 | 21.65 | 27,017,402 |
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China Airlines Trading Date Momentum on September 23, 2024
| On September 24 2024 China Airlines was traded for 21.65 at the closing time. The highest price during the trading period was 21.85 and the lowest recorded bid was listed for 21.50 . The volume for the day was 27 M. This history from September 24, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.70% . The overall trading delta to the current price is 1.86% . |
China Airlines Fundamentals Correlations and Trends
By evaluating China Airlines' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among China Airlines' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China Airlines Stock history
China Airlines 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Airlines 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 China Airlines stock prices may prove useful in developing a viable investing in China Airlines
China Airlines, Ltd., together with its subsidiaries, provides passengers and air cargo transportation services. China Airlines, Ltd. is a subsidiary of China Aviation Development Foundation. CHINA AIR operates under Airlines classification in Taiwan and is traded on Taiwan Stock Exchange.
China Airlines Stock Technical Analysis
China Airlines 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
China Airlines Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
China Airlines 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.
China Airlines November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how China Airlines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Airlines shares will generate the highest return on investment. By undertsting and applying China Airlines stock market strength indicators, traders can identify China Airlines entry and exit signals to maximize returns
China Airlines Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Airlines' price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China 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 | 0.1565 | |||
| Jensen Alpha | 0.2653 | |||
| Total Risk Alpha | 0.0474 | |||
| Sortino Ratio | 0.0845 | |||
| Treynor Ratio | (1.85) |
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| Volume Indicators |
Additional Tools for China Stock Analysis
When running China Airlines' price analysis, check to measure China Airlines' 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 China Airlines is operating at the current time. Most of China Airlines' value examination focuses on studying past and present price action to predict the probability of China Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Airlines' price. Additionally, you may evaluate how the addition of China Airlines to your portfolios can decrease your overall portfolio volatility.