Taiwan Business (Taiwan) Price on August 15, 2023

2834 Stock  TWD 14.80  0.15  1.00%   
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 Business stands at 14.80, as last reported on the 30th of November, with the highest price reaching 14.95 and the lowest price hitting 14.80 during the day. Taiwan Business Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.093, which indicates the firm had a -0.093% return per unit of risk over the last 3 months. Taiwan Business Bank exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taiwan Business' Variance of 0.9689, coefficient of variation of (1,044), and Risk Adjusted Performance of (0.07) 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.

Sharpe Ratio = -0.093

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns2834

Estimated Market Risk

 1.01
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Taiwan Business 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 Business by adding Taiwan Business to a well-diversified portfolio.

Taiwan Business Valuation on August 15, 2023

It is possible to determine the worth of Taiwan Business on a given historical date. On August 15, 2023 Taiwan was worth 13.95 at the beginning of the trading date compared to the closed value of 13.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiwan Business stock. Still, in general, we apply an absolute valuation method to find Taiwan Business' 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 Business where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiwan Business' related companies.
 Open High Low Close Volume
  14.15    14.20    13.90    13.95    34,010,397  
08/15/2023
  13.95    13.95    13.70    13.80    31,469,696  
  13.65    13.70    13.45    13.50    43,111,251  
Backtest Taiwan Business  |  Taiwan Business History  |  Taiwan Business Valuation   PreviousNext  
Open Value
13.95
13.8
Closing Value
16.97
Upside

Taiwan Business Trading Date Momentum on August 15, 2023

On August 16 2023 Taiwan Business Bank was traded for  13.50  at the closing time. The highest price during the trading period was 13.70  and the lowest recorded bid was listed for  13.45 . The volume for the day was 43.1 M. This history from August 16, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.17% . The trading price change to the current price is 3.41% .

Taiwan Business Bank Fundamentals Correlations and Trends

By evaluating Taiwan Business' 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 Business' 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 Business Stock history

Taiwan Business 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 Business Bank 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 Business stock prices may prove useful in developing a viable investing in Taiwan Business
Taiwan Business Bank, Ltd. provides banking and financial services to small and medium-size businesses in Taiwan, the United States, Hong Kong, Australia, China, Cambodia, and Japan. The company was founded in 1915 and is headquartered in Taipei, Taiwan. TAIWAN BUSINESS operates under Banking classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 5419 people.

Taiwan Business Stock Technical Analysis

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

Taiwan Business Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Taiwan Business Bank 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 Business November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Taiwan Business 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 Business shares will generate the highest return on investment. By undertsting and applying Taiwan Business stock market strength indicators, traders can identify Taiwan Business Bank entry and exit signals to maximize returns

Taiwan Business Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Taiwan Business' 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.

Additional Tools for Taiwan Stock Analysis

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