Chang Hwa (Taiwan) Price on July 19, 2024
| 2801 Stock | TWD 17.65 0.10 0.56% |
If you're considering investing in Chang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chang Hwa stands at 17.65, as last reported on the 29th of November, with the highest price reaching 17.80 and the lowest price hitting 17.60 during the day. Chang Hwa Commercial secures Sharpe Ratio (or Efficiency) of -0.0057, which signifies that the company had a -0.0057% return per unit of standard deviation over the last 3 months. Chang Hwa Commercial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chang Hwa's risk adjusted performance of (0.04), and Mean Deviation of 0.4302 to double-check the risk estimate we provide.
Chang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chang |
Sharpe Ratio = -0.0057
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2801 |
Estimated Market Risk
| 0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chang Hwa 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 Chang Hwa by adding Chang Hwa to a well-diversified portfolio.
Chang Hwa Valuation on July 19, 2024
It is possible to determine the worth of Chang Hwa on a given historical date. On July 19, 2024 Chang was worth 18.85 at the beginning of the trading date compared to the closed value of 18.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chang Hwa stock. Still, in general, we apply an absolute valuation method to find Chang Hwa'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 Chang Hwa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chang Hwa's related companies.
| Open | High | Low | Close | Volume | |
| 18.80 | 18.90 | 18.70 | 18.85 | 21,665,426 | |
07/19/2024 | 18.85 | 18.90 | 18.55 | 18.75 | 25,754,706 |
| 18.70 | 18.70 | 18.45 | 18.55 | 18,931,511 |
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Chang Hwa Trading Date Momentum on July 19, 2024
| On July 22 2024 Chang Hwa Commercial was traded for 18.55 at the closing time. The highest price during the trading period was 18.70 and the lowest recorded bid was listed for 18.45 . The volume for the day was 18.9 M. This history from July 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.07% . The overall trading delta to the current price is 0.80% . |
Chang Hwa Commercial Fundamentals Correlations and Trends
By evaluating Chang Hwa'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 Chang Hwa's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chang Hwa Stock history
Chang Hwa 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 Chang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chang Hwa Commercial 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 Chang Hwa stock prices may prove useful in developing a viable investing in Chang Hwa
Chang Hwa Commercial Bank, Ltd., together with its subsidiaries, provides commercial banking products and services in Taiwan and internationally. The company was founded in 1905 and is headquartered in Taichung, Taiwan. CHANG HWA operates under BanksRegional classification in Taiwan and is traded on Taiwan Stock Exchange.
Chang Hwa Stock Technical Analysis
Chang Hwa 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
Chang Hwa Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Chang Hwa Commercial 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.
Chang Hwa November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Chang Hwa stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chang Hwa shares will generate the highest return on investment. By undertsting and applying Chang Hwa stock market strength indicators, traders can identify Chang Hwa Commercial entry and exit signals to maximize returns
Chang Hwa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chang Hwa's price direction in advance. Along with the technical and fundamental analysis of Chang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chang 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 | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.34) |
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Additional Tools for Chang Stock Analysis
When running Chang Hwa's price analysis, check to measure Chang Hwa'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 Chang Hwa is operating at the current time. Most of Chang Hwa's value examination focuses on studying past and present price action to predict the probability of Chang Hwa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chang Hwa's price. Additionally, you may evaluate how the addition of Chang Hwa to your portfolios can decrease your overall portfolio volatility.