ZongTai Real (Taiwan) Price on November 25, 2024
| 3056 Stock | TWD 34.35 0.25 0.73% |
If you're considering investing in ZongTai Stock, it is important to understand the factors that can impact its price. As of today, the current price of ZongTai Real stands at 34.35, as last reported on the 1st of December, with the highest price reaching 34.35 and the lowest price hitting 33.40 during the day. ZongTai Real Estate shows Sharpe Ratio of -0.0598, which attests that the company had a -0.0598% return per unit of risk over the last 3 months. ZongTai Real Estate exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ZongTai Real's Market Risk Adjusted Performance of (0.37), standard deviation of 1.77, and Mean Deviation of 1.22 to validate the risk estimate we provide.
ZongTai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ZongTai |
Sharpe Ratio = -0.0598
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| Negative Returns | 3056 |
Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZongTai Real 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 ZongTai Real by adding ZongTai Real to a well-diversified portfolio.
ZongTai Real Valuation on November 25, 2024
It is possible to determine the worth of ZongTai Real on a given historical date. On November 25, 2024 ZongTai was worth 34.5 at the beginning of the trading date compared to the closed value of 35.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZongTai Real stock. Still, in general, we apply an absolute valuation method to find ZongTai Real'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 ZongTai Real where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZongTai Real's related companies.
| Open | High | Low | Close | Volume | |
| 33.90 | 34.40 | 33.90 | 34.35 | 1,639,443 | |
11/25/2024 | 34.50 | 35.45 | 34.50 | 35.15 | 2,775,624 |
| 35.20 | 35.45 | 34.85 | 35.00 | 1,942,608 |
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ZongTai Real Trading Date Momentum on November 25, 2024
| On November 26 2024 ZongTai Real Estate was traded for 35.00 at the closing time. The highest price during the trading period was 35.45 and the lowest recorded bid was listed for 34.85 . The volume for the day was 1.9 M. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.43% . The trading date delta to the current price is 3.56% . |
ZongTai Real Estate Fundamentals Correlations and Trends
By evaluating ZongTai Real'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 ZongTai Real's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZongTai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ZongTai Real Stock history
ZongTai Real 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 ZongTai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZongTai Real Estate 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 ZongTai Real stock prices may prove useful in developing a viable investing in ZongTai Real
ZongTai Real Estate Development Co., Ltd. engages in the real estate development activities. It is involved in the design, construction, and sale of houses and buildings in Taiwan. ZONGTAI REAL operates under Real Estate - General classification in Taiwan and is traded on Taiwan Stock Exchange.
ZongTai Real Stock Technical Analysis
ZongTai Real 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
ZongTai Real Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
ZongTai Real Estate 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.
ZongTai Real December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how ZongTai Real stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZongTai Real shares will generate the highest return on investment. By undertsting and applying ZongTai Real stock market strength indicators, traders can identify ZongTai Real Estate entry and exit signals to maximize returns
ZongTai Real Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZongTai Real's price direction in advance. Along with the technical and fundamental analysis of ZongTai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZongTai 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 | (0.04) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.38) |
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Additional Tools for ZongTai Stock Analysis
When running ZongTai Real's price analysis, check to measure ZongTai Real'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 ZongTai Real is operating at the current time. Most of ZongTai Real's value examination focuses on studying past and present price action to predict the probability of ZongTai Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZongTai Real's price. Additionally, you may evaluate how the addition of ZongTai Real to your portfolios can decrease your overall portfolio volatility.