Eastern Media (Taiwan) Price on November 21, 2023

2614 Stock  TWD 18.35  0.05  0.27%   
If you're considering investing in Eastern Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eastern Media stands at 18.35, as last reported on the 1st of December, with the highest price reaching 18.40 and the lowest price hitting 18.25 during the day. Eastern Media Intern secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of risk over the last 3 months. Eastern Media International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eastern Media's Mean Deviation of 0.876, variance of 1.64, and Standard Deviation of 1.28 to check the risk estimate we provide.
  
Eastern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.127

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Estimated Market Risk

 1.3
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Eastern Media 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 Eastern Media by adding Eastern Media to a well-diversified portfolio.

Eastern Media Valuation on November 21, 2023

It is possible to determine the worth of Eastern Media on a given historical date. On November 21, 2023 Eastern was worth 22.45 at the beginning of the trading date compared to the closed value of 22.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eastern Media stock. Still, in general, we apply an absolute valuation method to find Eastern Media'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 Eastern Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eastern Media's related companies.
 Open High Low Close Volume
  22.40    22.50    22.35    22.40    562,309  
11/21/2023
  22.45    22.50    22.35    22.40    693,511  
  22.45    24.30    22.45    24.15    5,774,682  
Backtest Eastern Media  |  Eastern Media History  |  Eastern Media Valuation   PreviousNext  
Open Value
22.45
22.4
Closing Value
26.34
Upside

Eastern Media Trading Date Momentum on November 21, 2023

On November 22 2023 Eastern Media International was traded for  24.15  at the closing time. The highest price during the trading period was 24.30  and the lowest recorded bid was listed for  22.45 . The volume for the day was 5.8 M. This history from November 22, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 7.81% . The overall trading delta to the current price is 4.02% .

Eastern Media Intern Fundamentals Correlations and Trends

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

About Eastern Media Stock history

Eastern Media 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 Eastern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eastern Media Intern 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 Eastern Media stock prices may prove useful in developing a viable investing in Eastern Media
Eastern Media International Corporation, together with its subsidiaries, provides loading and unloading of grains and silo storage services in Taiwan and China. Eastern Media International Corporation was founded in 1975 and is headquartered in Taipei, Taiwan. EASTERN MEDIA operates under Conglomerates classification in Taiwan and is traded on Taiwan Stock Exchange.

Eastern Media Stock Technical Analysis

Eastern Media 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 Eastern Media technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eastern Media 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

Eastern Media Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Eastern Media International 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.

Eastern Media December 1, 2024 Market Strength

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

Eastern Media Technical and Predictive Indicators

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

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