CHINA DEVELOPMENT (Taiwan) Price on May 11, 2023
| 2883B Stock | 7.86 0.02 0.26% |
If you're considering investing in CHINA Stock, it is important to understand the factors that can impact its price. As of today, the current price of CHINA DEVELOPMENT stands at 7.86, as last reported on the 26th of November, with the highest price reaching 7.86 and the lowest price hitting 7.80 during the day. Currently, CHINA DEVELOPMENT FINANCIAL is very steady. CHINA DEVELOPMENT secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for CHINA DEVELOPMENT FINANCIAL, which you can use to evaluate the volatility of the firm. Please confirm CHINA DEVELOPMENT's Semi Deviation of 0.1586, risk adjusted performance of 0.1648, and Mean Deviation of 0.284 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%.
CHINA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CHINA |
Sharpe Ratio = 0.2222
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| Cash | 2883B | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average CHINA DEVELOPMENT is performing at about 17% of its full potential. 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 CHINA DEVELOPMENT by adding it to a well-diversified portfolio.
CHINA DEVELOPMENT Valuation on May 11, 2023
It is possible to determine the worth of CHINA DEVELOPMENT on a given historical date. On May 11, 2023 CHINA was worth 6.89 at the beginning of the trading date compared to the closed value of 6.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CHINA DEVELOPMENT stock. Still, in general, we apply an absolute valuation method to find CHINA DEVELOPMENT'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 CHINA DEVELOPMENT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CHINA DEVELOPMENT's related companies.
| Open | High | Low | Close | Volume | |
| 6.76 | 6.90 | 6.76 | 6.89 | 2,957,860 | |
05/11/2023 | 6.89 | 6.89 | 6.79 | 6.82 | 2,121,753 |
| 6.82 | 6.84 | 6.79 | 6.81 | 1,303,518 |
| Backtest CHINA DEVELOPMENT | | | CHINA DEVELOPMENT History | | | CHINA DEVELOPMENT Valuation | Previous | Next |
CHINA DEVELOPMENT Trading Date Momentum on May 11, 2023
| On May 12 2023 CHINA DEVELOPMENT FINANCIAL was traded for 6.81 at the closing time. The highest price during the trading period was 6.84 and the lowest recorded bid was listed for 6.79 . The volume for the day was 1.3 M. This history from May 12, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.15% . The overall trading delta to the current price is 0.73% . |
CHINA DEVELOPMENT Fundamentals Correlations and Trends
By evaluating CHINA DEVELOPMENT'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 CHINA DEVELOPMENT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CHINA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CHINA DEVELOPMENT Stock history
CHINA DEVELOPMENT 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 CHINA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CHINA DEVELOPMENT 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 CHINA DEVELOPMENT stock prices may prove useful in developing a viable investing in CHINA DEVELOPMENT
CHINA DEVELOPMENT Stock Technical Analysis
CHINA DEVELOPMENT 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
CHINA DEVELOPMENT Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
CHINA DEVELOPMENT FINANCIAL 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.
CHINA DEVELOPMENT November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how CHINA DEVELOPMENT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CHINA DEVELOPMENT shares will generate the highest return on investment. By undertsting and applying CHINA DEVELOPMENT stock market strength indicators, traders can identify CHINA DEVELOPMENT FINANCIAL entry and exit signals to maximize returns
CHINA DEVELOPMENT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CHINA DEVELOPMENT's price direction in advance. Along with the technical and fundamental analysis of CHINA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CHINA 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 | 0.1648 | |||
| Jensen Alpha | 0.0796 | |||
| Total Risk Alpha | 0.0195 | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 1.16 |
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Additional Tools for CHINA Stock Analysis
When running CHINA DEVELOPMENT's price analysis, check to measure CHINA DEVELOPMENT'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 CHINA DEVELOPMENT is operating at the current time. Most of CHINA DEVELOPMENT's value examination focuses on studying past and present price action to predict the probability of CHINA DEVELOPMENT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHINA DEVELOPMENT's price. Additionally, you may evaluate how the addition of CHINA DEVELOPMENT to your portfolios can decrease your overall portfolio volatility.