Cayman Tung (Taiwan) Price on November 11, 2024
| 2924 Stock | TWD 32.65 0.95 3.00% |
If you're considering investing in Cayman Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cayman Tung stands at 32.65, as last reported on the 30th of November, with the highest price reaching 34.85 and the lowest price hitting 29.80 during the day. Cayman Tung Ling secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of risk over the last 3 months. Cayman Tung Ling exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cayman Tung's Standard Deviation of 1.72, risk adjusted performance of (0.13), and Mean Deviation of 1.18 to double-check the risk estimate we provide.
Cayman Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cayman |
Sharpe Ratio = -0.1762
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| Negative Returns | 2924 |
Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cayman Tung 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 Cayman Tung by adding Cayman Tung to a well-diversified portfolio.
Cayman Tung Valuation on November 11, 2024
It is possible to determine the worth of Cayman Tung on a given historical date. On November 11, 2024 Cayman was worth 34.65 at the beginning of the trading date compared to the closed value of 34.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cayman Tung stock. Still, in general, we apply an absolute valuation method to find Cayman Tung'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 Cayman Tung where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cayman Tung's related companies.
| Open | High | Low | Close | Volume | |
| 34.60 | 34.60 | 34.60 | 34.60 | 1,000.00 | |
11/11/2024 | 34.65 | 34.65 | 34.60 | 34.60 | 2,000 |
| 34.60 | 34.60 | 34.60 | 34.60 | 1.00 |
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Cayman Tung Trading Date Momentum on November 11, 2024
| On November 12 2024 Cayman Tung Ling was traded for 34.60 at the closing time. The highest price during the trading period was 34.60 and the lowest recorded bid was listed for 34.60 . There was no trading activity during the period 1.0. Lack of trading volume on November 12, 2024 did not affect price variability. The overall trading delta to the current price is 2.31% . |
Cayman Tung Ling Fundamentals Correlations and Trends
By evaluating Cayman Tung'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 Cayman Tung's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cayman financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cayman Tung Stock history
Cayman Tung 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 Cayman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cayman Tung Ling 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 Cayman Tung stock prices may prove useful in developing a viable investing in Cayman Tung
Cayman Tung Ling Co., Limited researches, develops, manufactures, and sells baby apparel products in Taiwan and internationally. Cayman Tung Ling Co., Limited was founded in 1988 and is headquartered in Taipei, Taiwan. CAYMAN TUNG operates under Apparel Stores classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 560 people.
Cayman Tung Stock Technical Analysis
Cayman Tung 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
Cayman Tung Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Cayman Tung Ling cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.
Cayman Tung November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Cayman Tung stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cayman Tung shares will generate the highest return on investment. By undertsting and applying Cayman Tung stock market strength indicators, traders can identify Cayman Tung Ling entry and exit signals to maximize returns
Cayman Tung Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cayman Tung's price direction in advance. Along with the technical and fundamental analysis of Cayman Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cayman 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 | (0.13) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (1.28) |
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Additional Tools for Cayman Stock Analysis
When running Cayman Tung's price analysis, check to measure Cayman Tung'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 Cayman Tung is operating at the current time. Most of Cayman Tung's value examination focuses on studying past and present price action to predict the probability of Cayman Tung's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cayman Tung's price. Additionally, you may evaluate how the addition of Cayman Tung to your portfolios can decrease your overall portfolio volatility.