Wan Hai (Taiwan) Price on November 25, 2024
| 2615 Stock | TWD 83.00 0.80 0.95% |
If you're considering investing in Wan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wan Hai stands at 83.00, as last reported on the 30th of November, with the highest price reaching 85.30 and the lowest price hitting 83.00 during the day. At this stage we consider Wan Stock to be very steady. Wan Hai Lines shows Sharpe Ratio of 0.0366, which attests that the company had a 0.0366% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wan Hai Lines, which you can use to evaluate the volatility of the company. Please check out Wan Hai's Market Risk Adjusted Performance of (0.16), downside deviation of 3.52, and Mean Deviation of 2.42 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
Wan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wan |
Sharpe Ratio = 0.0366
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| Cash | Small Risk | Average Risk | 2615 | Huge Risk |
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Estimated Market Risk
| 3.54 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Wan Hai is performing at about 2% 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 Wan Hai by adding it to a well-diversified portfolio.
Wan Hai Valuation on November 25, 2024
It is possible to determine the worth of Wan Hai on a given historical date. On November 25, 2024 Wan was worth 93.9 at the beginning of the trading date compared to the closed value of 90.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wan Hai stock. Still, in general, we apply an absolute valuation method to find Wan Hai'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 Wan Hai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wan Hai's related companies.
| Open | High | Low | Close | Volume | |
| 94.30 | 95.30 | 93.00 | 93.60 | 37,462,761 | |
11/25/2024 | 93.90 | 93.90 | 90.50 | 90.70 | 38,503,465 |
| 90.20 | 91.60 | 89.70 | 89.70 | 21,773,080 |
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Wan Hai Trading Date Momentum on November 25, 2024
| On November 26 2024 Wan Hai Lines was traded for 89.70 at the closing time. The highest price during the trading period was 91.60 and the lowest recorded bid was listed for 89.70 . The volume for the day was 21.8 M. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.10% . The trading price change to the current price is 6.84% . |
Wan Hai Lines Fundamentals Correlations and Trends
By evaluating Wan Hai'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 Wan Hai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wan Hai Stock history
Wan Hai 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 Wan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wan Hai Lines 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 Wan Hai stock prices may prove useful in developing a viable investing in Wan Hai
Wan Hai Lines Ltd. engages in the marine transportation business in Asia, the Middle East, India, the United States, South America, and Red Sea. Wan Hai Lines Ltd. was founded in 1965 and is based in Taipei, Taiwan. WAN HAI operates under Shipping classification in Taiwan and is traded on Taiwan Stock Exchange.
Wan Hai Stock Technical Analysis
Wan Hai 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
Wan Hai Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Wan Hai Lines 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.
Wan Hai November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Wan Hai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wan Hai shares will generate the highest return on investment. By undertsting and applying Wan Hai stock market strength indicators, traders can identify Wan Hai Lines entry and exit signals to maximize returns
Wan Hai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wan Hai's price direction in advance. Along with the technical and fundamental analysis of Wan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wan 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 | 0.041 | |||
| Jensen Alpha | 0.2517 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.0046 | |||
| Treynor Ratio | (0.17) |
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Additional Tools for Wan Stock Analysis
When running Wan Hai's price analysis, check to measure Wan Hai'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 Wan Hai is operating at the current time. Most of Wan Hai's value examination focuses on studying past and present price action to predict the probability of Wan Hai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wan Hai's price. Additionally, you may evaluate how the addition of Wan Hai to your portfolios can decrease your overall portfolio volatility.