First Hotel (Taiwan) Price on July 30, 2023

2706 Stock  TWD 14.80  0.05  0.34%   
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. As of today, the current price of First Hotel stands at 14.80, as last reported on the 30th of November, with the highest price reaching 14.80 and the lowest price hitting 14.75 during the day. First Hotel secures Sharpe Ratio (or Efficiency) of -0.0795, which denotes the company had a -0.0795% return per unit of risk over the last 3 months. First Hotel Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Hotel's Mean Deviation of 0.4143, standard deviation of 0.632, and Variance of 0.3994 to check the risk estimate we provide.
  
First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0795

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Estimated Market Risk

 0.64
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average First Hotel 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 First Hotel by adding First Hotel to a well-diversified portfolio.

First Hotel Valuation on July 30, 2023

It is possible to determine the worth of First Hotel on a given historical date. On July 30, 2023 First was worth 16.2 at the beginning of the trading date compared to the closed value of 15.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Hotel stock. Still, in general, we apply an absolute valuation method to find First Hotel'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 First Hotel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Hotel's related companies.
 Open High Low Close Volume
  15.95    16.15    15.90    16.05    478,100  
07/28/2023
  16.20    16.20    15.95    15.95    464,317  
  16.20    16.20    15.90    15.90    498,155  
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Open Value
16.2
15.95
Closing Value
18.11
Upside

First Hotel Trading Date Momentum on July 30, 2023

On July 31 2023 First Hotel Co was traded for  15.90  at the closing time. The highest price during the trading period was 16.20  and the lowest recorded bid was listed for  15.90 . The volume for the day was 498.2 K. This history from July 31, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.31% . The overall trading delta to the current price is 1.57% .

First Hotel Fundamentals Correlations and Trends

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

About First Hotel Stock history

First Hotel 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 First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Hotel 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 First Hotel stock prices may prove useful in developing a viable investing in First Hotel
The companys hotel consists of executive, business, ADA, and meeting rooms, as well as suites, fitness center, gift shops, and business center. FIRST HOTEL operates under Lodging classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 47 people.

First Hotel Stock Technical Analysis

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

First Hotel Period Price Range

Low
November 30, 2024
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High

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First Hotel 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.

First Hotel November 30, 2024 Market Strength

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

First Hotel Technical and Predictive Indicators

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

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