Grand Plastic (Taiwan) Price on July 26, 2023
3131 Stock | TWD 1,750 5.00 0.28% |
If you're considering investing in Grand Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grand Plastic stands at 1,750, as last reported on the 11th of December 2024, with the highest price reaching 1,780 and the lowest price hitting 1,715 during the day. Grand Plastic Technology holds Efficiency (Sharpe) Ratio of -0.0352, which attests that the entity had a -0.0352% return per unit of standard deviation over the last 3 months. Grand Plastic Technology exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grand Plastic's market risk adjusted performance of 0.5966, and Risk Adjusted Performance of 0.035 to validate the risk estimate we provide.
Grand Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grand |
Sharpe Ratio = -0.0352
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Negative Returns | 3131 |
Estimated Market Risk
2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Grand Plastic 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 Grand Plastic by adding Grand Plastic to a well-diversified portfolio.
Grand Plastic Valuation on July 26, 2023
It is possible to determine the worth of Grand Plastic on a given historical date. On July 26, 2023 Grand was worth 574.1 at the beginning of the trading date compared to the closed value of 624.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grand Plastic stock. Still, in general, we apply an absolute valuation method to find Grand Plastic'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 Grand Plastic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grand Plastic's related companies.
Open | High | Low | Close | Volume | |
582.76 | 598.14 | 557.75 | 567.37 | 2,061,000 | |
07/26/2023 | 574.10 | 624.11 | 574.10 | 624.11 | 3,541,000 |
605.32 | 633.01 | 588.50 | 588.50 | 4,802,000 |
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Grand Plastic Trading Date Momentum on July 26, 2023
On July 27 2023 Grand Plastic Technology was traded for 588.50 at the closing time. The highest price during the trading period was 633.01 and the lowest recorded bid was listed for 588.50 . The volume for the day was 4.8 M. This history from July 27, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 5.71% . The overall trading delta to the current price is 9.19% . |
Grand Plastic Technology Fundamentals Correlations and Trends
By evaluating Grand Plastic'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 Grand Plastic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grand financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grand Plastic Stock history
Grand Plastic 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 Grand is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grand Plastic Technology 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 Grand Plastic stock prices may prove useful in developing a viable investing in Grand Plastic
Grand Plastic Technology Corporation engages in the design, development, system customization, assembly, testing, product initialization, and after-sales service of metal etching and wafer cleaning equipment in Taiwan. The company was founded in 1993 and is based in Hsinchu City, Taiwan. GRAND PLASTIC operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan OTC Exchange.
Grand Plastic Stock Technical Analysis
Grand Plastic 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
Grand Plastic Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Grand Plastic Technology 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.
Grand Plastic December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Grand Plastic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grand Plastic shares will generate the highest return on investment. By undertsting and applying Grand Plastic stock market strength indicators, traders can identify Grand Plastic Technology entry and exit signals to maximize returns
Grand Plastic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grand Plastic's price direction in advance. Along with the technical and fundamental analysis of Grand Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grand 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 | 0.035 | |||
Jensen Alpha | 0.0886 | |||
Total Risk Alpha | (0.39) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | 0.5866 |
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Additional Tools for Grand Stock Analysis
When running Grand Plastic's price analysis, check to measure Grand Plastic'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 Grand Plastic is operating at the current time. Most of Grand Plastic's value examination focuses on studying past and present price action to predict the probability of Grand Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand Plastic's price. Additionally, you may evaluate how the addition of Grand Plastic to your portfolios can decrease your overall portfolio volatility.