Taiwan Navigation (Taiwan) Price on November 19, 2024
2617 Stock | TWD 31.00 0.50 1.59% |
If you're considering investing in Taiwan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taiwan Navigation stands at 31.00, as last reported on the 29th of November, with the highest price reaching 31.50 and the lowest price hitting 30.90 during the day. Taiwan Navigation owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0282, which indicates the firm had a -0.0282% return per unit of risk over the last 3 months. Taiwan Navigation Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taiwan Navigation's Coefficient Of Variation of (3,695), risk adjusted performance of (0.02), and Variance of 1.53 to confirm the risk estimate we provide.
Taiwan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taiwan |
Sharpe Ratio = -0.0282
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Negative Returns | 2617 |
Estimated Market Risk
1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taiwan Navigation 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 Taiwan Navigation by adding Taiwan Navigation to a well-diversified portfolio.
Taiwan Navigation Valuation on November 19, 2024
It is possible to determine the worth of Taiwan Navigation on a given historical date. On November 19, 2024 Taiwan was worth 32.8 at the beginning of the trading date compared to the closed value of 32.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiwan Navigation stock. Still, in general, we apply an absolute valuation method to find Taiwan 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 Taiwan Navigation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiwan Navigation's related companies.
Open | High | Low | Close | Volume | |
32.70 | 33.00 | 32.55 | 32.70 | 882,020 | |
11/19/2024 | 32.80 | 32.90 | 32.55 | 32.85 | 562,035 |
32.75 | 32.95 | 32.45 | 32.60 | 1,031,596 |
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Taiwan Navigation Trading Date Momentum on November 19, 2024
On November 20 2024 Taiwan Navigation Co was traded for 32.60 at the closing time. The highest price during the trading period was 32.95 and the lowest recorded bid was listed for 32.45 . The volume for the day was 1 M. This history from November 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.76% . The trading price change to the current price is 4.57% . |
Taiwan Navigation Fundamentals Correlations and Trends
By evaluating Taiwan 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 Taiwan Navigation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taiwan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taiwan Navigation Stock history
Taiwan 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 Taiwan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taiwan Navigation 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 Taiwan Navigation stock prices may prove useful in developing a viable investing in Taiwan Navigation
Taiwan Navigation Co., Ltd. provides shipping services in Taiwan. Taiwan Navigation Co., Ltd. was founded in 1946 and is headquartered in Taipei City, Taiwan. TAIWAN NAVIGATION operates under Shipping Ports classification in Taiwan and is traded on Taiwan Stock Exchange.
Taiwan Navigation Stock Technical Analysis
Taiwan 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
Taiwan Navigation Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Taiwan Navigation 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.
Taiwan Navigation November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Taiwan 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 Taiwan Navigation shares will generate the highest return on investment. By undertsting and applying Taiwan Navigation stock market strength indicators, traders can identify Taiwan Navigation Co entry and exit signals to maximize returns
Taiwan Navigation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taiwan Navigation's price direction in advance. Along with the technical and fundamental analysis of Taiwan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taiwan 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 | (0.02) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.23) | |||
Treynor Ratio | 0.3362 |
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Additional Tools for Taiwan Stock Analysis
When running Taiwan Navigation's price analysis, check to measure Taiwan 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 Taiwan Navigation is operating at the current time. Most of Taiwan Navigation's value examination focuses on studying past and present price action to predict the probability of Taiwan 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 Taiwan Navigation's price. Additionally, you may evaluate how the addition of Taiwan Navigation to your portfolios can decrease your overall portfolio volatility.