YungShin Global (Taiwan) Price on March 15, 2024
| 3705 Stock | TWD 57.90 0.20 0.34% |
If you're considering investing in YungShin Stock, it is important to understand the factors that can impact its price. As of today, the current price of YungShin Global stands at 57.90, as last reported on the 23rd of November, with the highest price reaching 58.50 and the lowest price hitting 57.60 during the day. At this stage we consider YungShin Stock to be very steady. YungShin Global Holding shows Sharpe Ratio of 0.0308, which attests that the company had a 0.0308% return per unit of risk over the last 3 months. We have found thirty technical indicators for YungShin Global Holding, which you can use to evaluate the volatility of the company. Please check out YungShin Global's Downside Deviation of 1.69, mean deviation of 1.06, and Market Risk Adjusted Performance of (0.05) to validate if the risk estimate we provide is consistent with the expected return of 0.0528%.
YungShin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
YungShin |
Sharpe Ratio = 0.0308
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| Cash | Small Risk | 3705 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average YungShin Global is performing at about 2% of its full potential. 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 YungShin Global by adding it to a well-diversified portfolio.
YungShin Global Valuation on March 15, 2024
It is possible to determine the worth of YungShin Global on a given historical date. On March 15, 2024 YungShin was worth 47.95 at the beginning of the trading date compared to the closed value of 47.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of YungShin Global stock. Still, in general, we apply an absolute valuation method to find YungShin Global'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 YungShin Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against YungShin Global's related companies.
| Open | High | Low | Close | Volume | |
| 47.90 | 48.10 | 47.75 | 47.95 | 543,000 | |
03/15/2024 | 47.95 | 47.95 | 47.35 | 47.40 | 300,207 |
| 47.45 | 48.00 | 47.45 | 47.95 | 326,042 |
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YungShin Global Trading Date Momentum on March 15, 2024
| On March 18 2024 YungShin Global Holding was traded for 47.95 at the closing time. The highest price during the trading period was 48.00 and the lowest recorded bid was listed for 47.45 . The volume for the day was 326 K. This history from March 18, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.16% . The trading price change to the current price is 0.63% . |
YungShin Global Holding Fundamentals Correlations and Trends
By evaluating YungShin Global'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 YungShin Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. YungShin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About YungShin Global Stock history
YungShin Global 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 YungShin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in YungShin Global Holding 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 YungShin Global stock prices may prove useful in developing a viable investing in YungShin Global
YungShin Global Holding Corporation, through its subsidiaries, produces and sells pharmaceutical products. YungShin Global Holding Corporation was founded in 1952 and is based in Taichung City, Taiwan. YUNGSHIN GLOBAL operates under Drug Manufacturers - Specialty Generic classification in Taiwan and is traded on Taiwan Stock Exchange.
YungShin Global Stock Technical Analysis
YungShin Global 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
YungShin Global Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
YungShin Global Holding 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.
YungShin Global November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how YungShin Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading YungShin Global shares will generate the highest return on investment. By undertsting and applying YungShin Global stock market strength indicators, traders can identify YungShin Global Holding entry and exit signals to maximize returns
YungShin Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for YungShin Global's price direction in advance. Along with the technical and fundamental analysis of YungShin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of YungShin 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 | 0.0214 | |||
| Jensen Alpha | 0.0768 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.06) |
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Additional Tools for YungShin Stock Analysis
When running YungShin Global's price analysis, check to measure YungShin Global'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 YungShin Global is operating at the current time. Most of YungShin Global's value examination focuses on studying past and present price action to predict the probability of YungShin Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YungShin Global's price. Additionally, you may evaluate how the addition of YungShin Global to your portfolios can decrease your overall portfolio volatility.