Taishin Financial (Taiwan) Price on September 10, 2024
2887 Stock | TWD 17.10 0.20 1.16% |
If you're considering investing in Taishin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taishin Financial stands at 17.10, as last reported on the 30th of November, with the highest price reaching 17.30 and the lowest price hitting 17.10 during the day. Taishin Financial Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Taishin Financial Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taishin Financial's Variance of 1.46, coefficient of variation of (836.25), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
Taishin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taishin |
Sharpe Ratio = -0.1095
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 2887 |
Estimated Market Risk
1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taishin 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 Taishin Financial by adding Taishin Financial to a well-diversified portfolio.
Taishin Financial Valuation on September 10, 2024
It is possible to determine the worth of Taishin Financial on a given historical date. On September 10, 2024 Taishin was worth 18.75 at the beginning of the trading date compared to the closed value of 18.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taishin Financial stock. Still, in general, we apply an absolute valuation method to find Taishin 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 Taishin Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taishin Financial's related companies.
Open | High | Low | Close | Volume | |
18.15 | 18.90 | 18.05 | 18.70 | 38,484,053 | |
09/10/2024 | 18.75 | 18.90 | 18.50 | 18.80 | 37,379,914 |
18.75 | 18.80 | 18.30 | 18.50 | 45,647,686 |
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Taishin Financial Trading Date Momentum on September 10, 2024
On September 11 2024 Taishin Financial Holding was traded for 18.50 at the closing time. The highest price during the trading period was 18.80 and the lowest recorded bid was listed for 18.30 . The volume for the day was 45.6 M. This history from September 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.60% . The trading price change to the current price is 1.60% . |
Taishin Financial Holding Fundamentals Correlations and Trends
By evaluating Taishin 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 Taishin Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taishin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taishin Financial Stock history
Taishin 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 Taishin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taishin 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 Taishin Financial stock prices may prove useful in developing a viable investing in Taishin Financial
Taishin Financial Holding Co., Ltd., through its subsidiaries, provides various financial products and services in Taiwan and internationally. Taishin Financial Holding Co., Ltd. was founded in 1992 and is based in Taipei, Taiwan. TAISHIN FINANCIAL operates under BanksRegional classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 10276 people.
Taishin Financial Stock Technical Analysis
Taishin 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.
Price Boundaries
Taishin Financial Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Taishin 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.
Taishin Financial November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Taishin 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 Taishin Financial shares will generate the highest return on investment. By undertsting and applying Taishin Financial stock market strength indicators, traders can identify Taishin Financial Holding entry and exit signals to maximize returns
Taishin Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taishin Financial's price direction in advance. Along with the technical and fundamental analysis of Taishin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taishin 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 | (0.09) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | (0.99) |
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Volume Indicators |
Additional Tools for Taishin Stock Analysis
When running Taishin Financial's price analysis, check to measure Taishin 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 Taishin Financial is operating at the current time. Most of Taishin Financial's value examination focuses on studying past and present price action to predict the probability of Taishin 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 Taishin Financial's price. Additionally, you may evaluate how the addition of Taishin Financial to your portfolios can decrease your overall portfolio volatility.