Shan Loong (Taiwan) Price on August 6, 2023

2616 Stock  TWD 20.05  0.05  0.25%   
If you're considering investing in Shan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shan Loong stands at 20.05, as last reported on the 1st of December, with the highest price reaching 20.05 and the lowest price hitting 19.90 during the day. Shan Loong Transport owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1% return per unit of risk over the last 3 months. Shan Loong Transportation Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shan Loong's Risk Adjusted Performance of (0.08), variance of 1.3, and Coefficient Of Variation of (975.95) to confirm the risk estimate we provide.
  
Shan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1016

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Estimated Market Risk

 1.09
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shan Loong 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 Shan Loong by adding Shan Loong to a well-diversified portfolio.

Shan Loong Valuation on August 6, 2023

It is possible to determine the worth of Shan Loong on a given historical date. On August 6, 2023 Shan was worth 31.65 at the beginning of the trading date compared to the closed value of 31.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shan Loong stock. Still, in general, we apply an absolute valuation method to find Shan Loong'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 Shan Loong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shan Loong's related companies.
 Open High Low Close Volume
  31.50    31.80    31.40    31.50    631,193  
08/04/2023
  31.65    31.65    31.40    31.40    239,874  
  31.40    31.50    31.35    31.50    138,736  
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Open Value
31.65
31.4
Closing Value
34.91
Upside

Shan Loong Trading Date Momentum on August 6, 2023

On August 07 2023 Shan Loong Transportation Co was traded for  31.50  at the closing time. The highest price during the trading period was 31.50  and the lowest recorded bid was listed for  31.35 . The volume for the day was 138.7 K. This history from August 7, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.32% . The trading price change to the current price is 0.32% .

Shan Loong Transport Fundamentals Correlations and Trends

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

About Shan Loong Stock history

Shan Loong 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 Shan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shan Loong Transport 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 Shan Loong stock prices may prove useful in developing a viable investing in Shan Loong
It also provides container, bulk, and oil transportation services dangerous goods transportation services and logistics and warehousing services, as well as engages in the vehicle repair, inspection, and sale businesses. ,Ltd was founded in 1976 and is headquartered in New Taipei City, Taiwan. SHAN LOONG is traded on Taiwan Stock Exchange in Taiwan.

Shan Loong Stock Technical Analysis

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

Shan Loong Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shan Loong Transportation 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.

Shan Loong December 1, 2024 Market Strength

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

Shan Loong Technical and Predictive Indicators

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

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