Aerospace Industrial (Taiwan) Price on November 29, 2024
| 2634 Stock | TWD 43.05 0.25 0.58% |
If you're considering investing in Aerospace Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aerospace Industrial stands at 43.05, as last reported on the 1st of December, with the highest price reaching 43.25 and the lowest price hitting 42.50 during the day. Aerospace Industrial secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Aerospace Industrial Development exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aerospace Industrial's Risk Adjusted Performance of (0.14), mean deviation of 0.937, and Standard Deviation of 1.28 to double-check the risk estimate we provide.
Aerospace Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aerospace |
Sharpe Ratio = -0.1596
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| Negative Returns | 2634 |
Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aerospace Industrial 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 Aerospace Industrial by adding Aerospace Industrial to a well-diversified portfolio.
Aerospace Industrial Valuation on November 29, 2024
It is possible to determine the worth of Aerospace Industrial on a given historical date. On November 29, 2024 Aerospace was worth 43.1 at the beginning of the trading date compared to the closed value of 43.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aerospace Industrial stock. Still, in general, we apply an absolute valuation method to find Aerospace Industrial'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 Aerospace Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aerospace Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 44.30 | 44.35 | 43.30 | 43.30 | 2,750,634 | |
11/29/2024 | 43.10 | 43.25 | 42.50 | 43.05 | 2,428,638 |
| 43.10 | 43.25 | 42.50 | 43.05 | 0.00 |
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Aerospace Industrial Trading Date Momentum on November 29, 2024
| On December 01 2024 Aerospace Industrial Development was traded for 43.05 at the closing time. The highest price during the trading period was 43.25 and the lowest recorded bid was listed for 42.50 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not affect price variability. The overall trading delta to the current price is 0.12% . |
Aerospace Industrial Fundamentals Correlations and Trends
By evaluating Aerospace Industrial'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 Aerospace Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aerospace financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aerospace Industrial Stock history
Aerospace Industrial 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 Aerospace is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aerospace Industrial 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 Aerospace Industrial stock prices may prove useful in developing a viable investing in Aerospace Industrial
Aerospace Industrial Development Corporation engages in the development, manufacturing, integration, assembly, and testing and verification of aircraft systems and parts in Taiwan and internationally. Aerospace Industrial Development Corporation was founded in 1969 and is headquartered in Taichung City, Taiwan. AEROSPACE INDUSTRIAL is traded on Taiwan Stock Exchange in Taiwan.
Aerospace Industrial Stock Technical Analysis
Aerospace Industrial 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
Aerospace Industrial Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Aerospace Industrial Development 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.
Aerospace Industrial December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Aerospace Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aerospace Industrial shares will generate the highest return on investment. By undertsting and applying Aerospace Industrial stock market strength indicators, traders can identify Aerospace Industrial Development entry and exit signals to maximize returns
Aerospace Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aerospace Industrial's price direction in advance. Along with the technical and fundamental analysis of Aerospace Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aerospace 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 | (0.14) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.73) |
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Additional Tools for Aerospace Stock Analysis
When running Aerospace Industrial's price analysis, check to measure Aerospace Industrial'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 Aerospace Industrial is operating at the current time. Most of Aerospace Industrial's value examination focuses on studying past and present price action to predict the probability of Aerospace Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aerospace Industrial's price. Additionally, you may evaluate how the addition of Aerospace Industrial to your portfolios can decrease your overall portfolio volatility.