Shenmao Technology (Taiwan) Price on August 31, 2023
3305 Stock | TWD 63.50 2.00 3.05% |
If you're considering investing in Shenmao Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shenmao Technology stands at 63.50, as last reported on the 28th of November, with the highest price reaching 65.70 and the lowest price hitting 63.50 during the day. Shenmao Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0326, which indicates the firm had a -0.0326% return per unit of risk over the last 3 months. Shenmao Technology exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shenmao Technology's Semi Deviation of 1.74, risk adjusted performance of 0.0207, and Coefficient Of Variation of 5230.26 to confirm the risk estimate we provide.
Shenmao Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shenmao |
Sharpe Ratio = -0.0326
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 3305 |
Estimated Market Risk
2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shenmao Technology 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 Shenmao Technology by adding Shenmao Technology to a well-diversified portfolio.
Shenmao Technology Valuation on August 31, 2023
It is possible to determine the worth of Shenmao Technology on a given historical date. On August 31, 2023 Shenmao was worth 67.8 at the beginning of the trading date compared to the closed value of 68.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenmao Technology stock. Still, in general, we apply an absolute valuation method to find Shenmao Technology'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 Shenmao Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenmao Technology's related companies.
Open | High | Low | Close | Volume | |
67.60 | 68.80 | 67.20 | 67.60 | 2,933,248 | |
08/31/2023 | 67.80 | 68.50 | 67.50 | 68.00 | 1,243,247 |
68.50 | 69.00 | 67.00 | 67.00 | 1,441,200 |
Backtest Shenmao Technology | | | Shenmao Technology History | | | Shenmao Technology Valuation | Previous | Next |
Shenmao Technology Trading Date Momentum on August 31, 2023
On September 01 2023 Shenmao Technology was traded for 67.00 at the closing time. The highest price during the trading period was 69.00 and the lowest recorded bid was listed for 67.00 . The volume for the day was 1.4 M. This history from September 1, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.47% . The trading price change to the current price is 6.47% . |
Shenmao Technology Fundamentals Correlations and Trends
By evaluating Shenmao Technology'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 Shenmao Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shenmao financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shenmao Technology Stock history
Shenmao Technology 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 Shenmao is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenmao 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 Shenmao Technology stock prices may prove useful in developing a viable investing in Shenmao Technology
Shenmao Technology Inc. manufactures and sells solder materials for the electronic industry worldwide. Shenmao Technology Inc. was founded in 1973 and is headquartered in Taoyuan, Taiwan. SHENMAO TECHNOLOGY operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Shenmao Technology Stock Technical Analysis
Shenmao Technology 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
Shenmao Technology Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Shenmao Technology 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.
Shenmao Technology November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenmao Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenmao Technology shares will generate the highest return on investment. By undertsting and applying Shenmao Technology stock market strength indicators, traders can identify Shenmao Technology entry and exit signals to maximize returns
Shenmao Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenmao Technology's price direction in advance. Along with the technical and fundamental analysis of Shenmao Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shenmao 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 | 0.0207 | |||
Jensen Alpha | 0.0295 | |||
Total Risk Alpha | (0.27) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | (1.50) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Shenmao Stock Analysis
When running Shenmao Technology's price analysis, check to measure Shenmao Technology'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 Shenmao Technology is operating at the current time. Most of Shenmao Technology's value examination focuses on studying past and present price action to predict the probability of Shenmao Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenmao Technology's price. Additionally, you may evaluate how the addition of Shenmao Technology to your portfolios can decrease your overall portfolio volatility.