Central Reinsurance (Taiwan) Price on September 19, 2023
2851 Stock | TWD 26.40 0.60 2.33% |
If you're considering investing in Central Stock, it is important to understand the factors that can impact its price. As of today, the current price of Central Reinsurance stands at 26.40, as last reported on the 26th of November, with the highest price reaching 26.40 and the lowest price hitting 25.80 during the day. Central Reinsurance Corp secures Sharpe Ratio (or Efficiency) of -0.0135, which signifies that the company had a -0.0135% return per unit of risk over the last 3 months. Central Reinsurance Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Central Reinsurance's Standard Deviation of 1.12, mean deviation of 0.8153, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
Central Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Central |
Sharpe Ratio = -0.0135
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 2851 |
Estimated Market Risk
1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.01 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 Central Reinsurance 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 Central Reinsurance by adding Central Reinsurance to a well-diversified portfolio.
Central Reinsurance Valuation on September 19, 2023
It is possible to determine the worth of Central Reinsurance on a given historical date. On September 19, 2023 Central was worth 23.95 at the beginning of the trading date compared to the closed value of 23.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Central Reinsurance stock. Still, in general, we apply an absolute valuation method to find Central Reinsurance'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 Central Reinsurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Central Reinsurance's related companies.
Open | High | Low | Close | Volume | |
23.95 | 24.10 | 23.70 | 23.90 | 667,440 | |
09/19/2023 | 23.95 | 23.95 | 23.65 | 23.75 | 969,418 |
23.70 | 23.80 | 23.60 | 23.70 | 743,422 |
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Central Reinsurance Trading Date Momentum on September 19, 2023
On September 20 2023 Central Reinsurance Corp was traded for 23.70 at the closing time. The highest price during the trading period was 23.80 and the lowest recorded bid was listed for 23.60 . The volume for the day was 743.4 K. This history from September 20, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.21% . The overall trading delta to the current price is 1.89% . |
Central Reinsurance Corp Fundamentals Correlations and Trends
By evaluating Central Reinsurance'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 Central Reinsurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Central financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Central Reinsurance Stock history
Central Reinsurance 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 Central is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Central Reinsurance Corp 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 Central Reinsurance stock prices may prove useful in developing a viable investing in Central Reinsurance
Central Reinsurance Corporation underwrites non-life and life reinsurance in Taiwan and internationally. Central Reinsurance Corporation was founded in 1968 and is headquartered in Taipei, Taiwan. CENTRAL REINSURANCE operates under Insurance - Reinsurance classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 142 people.
Central Reinsurance Stock Technical Analysis
Central Reinsurance 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
Central Reinsurance Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Central Reinsurance Corp 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.
Central Reinsurance November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Central Reinsurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Central Reinsurance shares will generate the highest return on investment. By undertsting and applying Central Reinsurance stock market strength indicators, traders can identify Central Reinsurance Corp entry and exit signals to maximize returns
Central Reinsurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Central Reinsurance's price direction in advance. Along with the technical and fundamental analysis of Central Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Central 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 | (0.06) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | 8.32 |
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Additional Tools for Central Stock Analysis
When running Central Reinsurance's price analysis, check to measure Central Reinsurance'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 Central Reinsurance is operating at the current time. Most of Central Reinsurance's value examination focuses on studying past and present price action to predict the probability of Central Reinsurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Central Reinsurance's price. Additionally, you may evaluate how the addition of Central Reinsurance to your portfolios can decrease your overall portfolio volatility.