Tonlin Department (Taiwan) Price on April 17, 2023
2910 Stock | TWD 25.80 0.55 2.18% |
If you're considering investing in Tonlin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tonlin Department stands at 25.80, as last reported on the 25th of November, with the highest price reaching 25.80 and the lowest price hitting 25.20 during the day. Tonlin Department Store owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Tonlin Department Store exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tonlin Department's Risk Adjusted Performance of (0.06), coefficient of variation of (1,185), and Variance of 1.78 to confirm the risk estimate we provide.
Tonlin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tonlin |
Sharpe Ratio = -0.1388
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Negative Returns | 2910 |
Estimated Market Risk
1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tonlin Department 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 Tonlin Department by adding Tonlin Department to a well-diversified portfolio.
Tonlin Department Valuation on April 17, 2023
It is possible to determine the worth of Tonlin Department on a given historical date. On April 17, 2023 Tonlin was worth 29.65 at the beginning of the trading date compared to the closed value of 29.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tonlin Department stock. Still, in general, we apply an absolute valuation method to find Tonlin Department'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 Tonlin Department where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tonlin Department's related companies.
Open | High | Low | Close | Volume | |
29.70 | 29.70 | 29.65 | 29.65 | 7,706 | |
04/17/2023 | 29.65 | 29.65 | 29.65 | 29.65 | 4,000 |
29.65 | 29.65 | 29.65 | 29.65 | 1,000.00 |
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Tonlin Department Trading Date Momentum on April 17, 2023
On April 18 2023 Tonlin Department Store was traded for 29.65 at the closing time. The highest price during the trading period was 29.65 and the lowest recorded bid was listed for 29.65 . The volume for the day was 1000. This history from April 18, 2023 did not result in any price rise and fall. The trading price change to the current price is 1.01% . |
Tonlin Department Store Fundamentals Correlations and Trends
By evaluating Tonlin Department'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 Tonlin Department's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tonlin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tonlin Department Stock history
Tonlin Department 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 Tonlin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tonlin Department Store 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 Tonlin Department stock prices may prove useful in developing a viable investing in Tonlin Department
Tonlin Department Store Co., Ltd. operates retail department stores in Taoyuan and Taipei City, Taiwan. Tonlin Department Store Co., Ltd. was founded in 1982 and is headquartered in Taipei City, Taiwan. TONLIN DEPARTMENT operates under Department Stores classification in Taiwan and is traded on Taiwan Stock Exchange.
Tonlin Department Stock Technical Analysis
Tonlin Department 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
Tonlin Department Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
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Tonlin Department November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Tonlin Department stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tonlin Department shares will generate the highest return on investment. By undertsting and applying Tonlin Department stock market strength indicators, traders can identify Tonlin Department Store entry and exit signals to maximize returns
Tonlin Department Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tonlin Department's price direction in advance. Along with the technical and fundamental analysis of Tonlin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tonlin 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 | (0.06) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | (0.22) |
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Additional Tools for Tonlin Stock Analysis
When running Tonlin Department's price analysis, check to measure Tonlin Department'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 Tonlin Department is operating at the current time. Most of Tonlin Department's value examination focuses on studying past and present price action to predict the probability of Tonlin Department's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tonlin Department's price. Additionally, you may evaluate how the addition of Tonlin Department to your portfolios can decrease your overall portfolio volatility.