Fubon Financial (Taiwan) Price on November 18, 2024

2881 Stock  TWD 90.50  1.20  1.34%   
If you're considering investing in Fubon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fubon Financial stands at 90.50, as last reported on the 26th of November, with the highest price reaching 91.20 and the lowest price hitting 89.90 during the day. Fubon Financial Holding secures Sharpe Ratio (or Efficiency) of -0.0145, which denotes the company had a -0.0145% return per unit of standard deviation over the last 3 months. Fubon Financial Holding exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fubon Financial's Semi Deviation of 1.22, downside deviation of 1.39, and Mean Deviation of 1.0 to check the risk estimate we provide.
  
Fubon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0145

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Negative Returns2881

Estimated Market Risk

 1.26
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.02
  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 Fubon Financial 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 Fubon Financial by adding Fubon Financial to a well-diversified portfolio.

Fubon Financial Valuation on November 18, 2024

It is possible to determine the worth of Fubon Financial on a given historical date. On November 18, 2024 Fubon was worth 91.7 at the beginning of the trading date compared to the closed value of 89.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fubon Financial stock. Still, in general, we apply an absolute valuation method to find Fubon Financial'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 Fubon Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fubon Financial's related companies.
 Open High Low Close Volume
  91.00    92.40    90.80    91.00    22,324,442  
11/18/2024
  91.70    91.90    89.50    89.80    32,397,646  
  90.20    91.40    89.20    91.40    30,999,529  
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Open Value
91.7
89.8
Closing Value
95.48
Upside

Fubon Financial Trading Date Momentum on November 18, 2024

On November 19 2024 Fubon Financial Holding was traded for  91.40  at the closing time. The highest price during the trading period was 91.40  and the lowest recorded bid was listed for  89.20 . The volume for the day was 31 M. This history from November 19, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.78% . The overall trading delta to the current price is 0.56% .

Fubon Financial Holding Fundamentals Correlations and Trends

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

About Fubon Financial Stock history

Fubon Financial 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 Fubon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fubon Financial Holding 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 Fubon Financial stock prices may prove useful in developing a viable investing in Fubon Financial
Fubon Financial Holding Co., Ltd. provides various financial services in Taiwan, Asia, and internationally. Fubon Financial Holding Co., Ltd. was founded in 1961 and is based in Taipei, Taiwan. FUBON FINANCIAL is traded on Taiwan Stock Exchange in Taiwan.

Fubon Financial Stock Technical Analysis

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

Fubon Financial Period Price Range

Low
November 26, 2024
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High

 0.00 

     

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Fubon Financial Holding 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.

Fubon Financial November 26, 2024 Market Strength

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

Fubon Financial Technical and Predictive Indicators

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

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