Taiwan Tea (Taiwan) Price on May 16, 2024

2913 Stock  TWD 20.45  0.20  0.99%   
If you're considering investing in Taiwan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taiwan Tea stands at 20.45, as last reported on the 24th of November, with the highest price reaching 20.55 and the lowest price hitting 20.30 during the day. Taiwan Tea Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0124, which indicates the firm had a -0.0124% return per unit of risk over the last 3 months. Taiwan Tea Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taiwan Tea's Coefficient Of Variation of (18,323), variance of 2.68, and Risk Adjusted Performance of 0.0011 to confirm the risk estimate we provide.
  
Taiwan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0124

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns2913

Estimated Market Risk

 1.66
  actual daily
14
86% 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 Taiwan Tea 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 Taiwan Tea by adding Taiwan Tea to a well-diversified portfolio.

Taiwan Tea Valuation on May 16, 2024

It is possible to determine the worth of Taiwan Tea on a given historical date. On May 16, 2024 Taiwan was worth 21.15 at the beginning of the trading date compared to the closed value of 21.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiwan Tea stock. Still, in general, we apply an absolute valuation method to find Taiwan Tea'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 Taiwan Tea where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiwan Tea's related companies.
 Open High Low Close Volume
  21.20    21.35    21.00    21.05    3,184,774  
05/16/2024
  21.15    21.55    21.15    21.55    2,853,703  
  21.60    21.85    21.50    21.55    2,725,141  
Backtest Taiwan Tea  |  Taiwan Tea History  |  Taiwan Tea Valuation   PreviousNext  
Open Value
21.15
21.55
Closing Value
26.12
Upside

Taiwan Tea Trading Date Momentum on May 16, 2024

On May 17 2024 Taiwan Tea Corp was traded for  21.55  at the closing time. The highest price during the trading period was 21.85  and the lowest recorded bid was listed for  21.50 . The volume for the day was 2.7 M. This history from May 17, 2024 did not result in any price rise and fall. The trading price change to the current price is 2.55% .

Taiwan Tea Corp Fundamentals Correlations and Trends

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

About Taiwan Tea Stock history

Taiwan Tea 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 Taiwan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taiwan Tea Corp 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 Taiwan Tea stock prices may prove useful in developing a viable investing in Taiwan Tea
Taiwan Tea Corporation primarily engages in the plantation, cultivation, production, and sale of tea products in Taiwan. Taiwan Tea Corporation was founded in 1899 and is based in Taipei, Taiwan. TAIWAN TEA operates under Farm Products classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 330 people.

Taiwan Tea Stock Technical Analysis

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

Taiwan Tea Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Taiwan Tea Corp 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.

Taiwan Tea November 24, 2024 Market Strength

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

Taiwan Tea Technical and Predictive Indicators

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

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