CTBC Financial (Taiwan) Price on December 17, 2024
| 2891 Stock | TWD 39.10 0.10 0.26% |
If you're considering investing in CTBC Stock, it is important to understand the factors that can impact its price. As of today, the current price of CTBC Financial stands at 39.10, as last reported on the 24th of January, with the highest price reaching 39.30 and the lowest price hitting 39.05 during the day. At this stage we consider CTBC Stock to be very steady. CTBC Financial Holding retains Efficiency (Sharpe Ratio) of 0.14, which signifies that the company had a 0.14 % return per unit of risk over the last 3 months. We have found thirty technical indicators for CTBC Financial, which you can use to evaluate the volatility of the firm. Please confirm CTBC Financial's market risk adjusted performance of 0.8838, and Coefficient Of Variation of 929.6 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
CTBC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CTBC |
Sharpe Ratio = 0.1443
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Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average CTBC Financial is performing at about 11% 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 CTBC Financial by adding it to a well-diversified portfolio.
CTBC Financial Valuation on December 17, 2024
It is possible to determine the worth of CTBC Financial on a given historical date. On December 17, 2024 CTBC was worth 39.75 at the beginning of the trading date compared to the closed value of 39.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CTBC Financial stock. Still, in general, we apply an absolute valuation method to find CTBC 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 CTBC Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CTBC Financial's related companies.
| Open | High | Low | Close | Volume | |
| 39.55 | 39.95 | 39.50 | 39.90 | 50,900,001 | |
12/17/2024 | 39.75 | 39.90 | 39.40 | 39.90 | 56,555,204 |
| 39.70 | 40.15 | 39.25 | 39.70 | 61,668,551 |
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CTBC Financial Trading Date Momentum on December 17, 2024
| On December 18 2024 CTBC Financial Holding was traded for 39.70 at the closing time. The highest price during the trading period was 40.15 and the lowest recorded bid was listed for 39.25 . The volume for the day was 61.7 M. This history from December 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.50% . The overall trading delta to the current price is 1.50% . |
CTBC Financial Holding Fundamentals Correlations and Trends
By evaluating CTBC 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 CTBC Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CTBC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CTBC Financial Stock history
CTBC 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 CTBC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CTBC 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 CTBC Financial stock prices may prove useful in developing a viable investing in CTBC Financial
CTBC Financial Holding Co., Ltd. engages in the banking, bills financing, credit card, trust, insurance, securities, futures, venture investment, asset management, lottery, and other financial related business investment activities. CTBC Financial Holding Co., Ltd. was founded in 2002 and is headquartered in Taipei City, Taiwan. CTBC FINANCIAL operates under Banks - Regional - Asia classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 20213 people.
CTBC Financial Stock Technical Analysis
CTBC 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
CTBC Financial Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
CTBC 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.
CTBC Financial January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how CTBC 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 CTBC Financial shares will generate the highest return on investment. By undertsting and applying CTBC Financial stock market strength indicators, traders can identify CTBC Financial Holding entry and exit signals to maximize returns
CTBC Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CTBC Financial's price direction in advance. Along with the technical and fundamental analysis of CTBC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CTBC 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 | 0.0928 | |||
| Jensen Alpha | 0.0907 | |||
| Total Risk Alpha | 0.0512 | |||
| Sortino Ratio | 0.067 | |||
| Treynor Ratio | 0.8738 |
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Additional Tools for CTBC Stock Analysis
When running CTBC Financial's price analysis, check to measure CTBC 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 CTBC Financial is operating at the current time. Most of CTBC Financial's value examination focuses on studying past and present price action to predict the probability of CTBC 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 CTBC Financial's price. Additionally, you may evaluate how the addition of CTBC Financial to your portfolios can decrease your overall portfolio volatility.