Yem Chio (Taiwan) Price on September 2, 2024
4306 Stock | TWD 17.75 0.20 1.11% |
If you're considering investing in Yem Stock, it is important to understand the factors that can impact its price. As of today, the current price of Yem Chio stands at 17.75, as last reported on the 11th of December 2024, with the highest price reaching 18.05 and the lowest price hitting 17.70 during the day. Yem Chio shows Sharpe Ratio of -0.17, which attests that the company had a -0.17% return per unit of risk over the last 3 months. Yem Chio exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yem Chio's Mean Deviation of 0.7649, standard deviation of 1.07, and Market Risk Adjusted Performance of 19.31 to validate the risk estimate we provide.
Yem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Yem |
Sharpe Ratio = -0.1698
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Negative Returns | 4306 |
Estimated Market Risk
1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yem Chio 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 Yem Chio by adding Yem Chio to a well-diversified portfolio.
Yem Chio Valuation on September 2, 2024
It is possible to determine the worth of Yem Chio on a given historical date. On September 2, 2024 Yem was worth 21.4 at the beginning of the trading date compared to the closed value of 21.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yem Chio stock. Still, in general, we apply an absolute valuation method to find Yem Chio'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 Yem Chio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yem Chio's related companies.
Open | High | Low | Close | Volume | |
19.60 | 21.45 | 19.60 | 20.95 | 18,014,697 | |
09/02/2024 | 21.40 | 22.35 | 21.05 | 21.20 | 20,455,638 |
21.30 | 21.50 | 20.90 | 21.00 | 7,176,933 |
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Yem Chio Trading Date Momentum on September 2, 2024
On September 03 2024 Yem Chio Co was traded for 21.00 at the closing time. The highest price during the trading period was 21.50 and the lowest recorded bid was listed for 20.90 . The volume for the day was 7.2 M. This history from September 3, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.94% . The trading price change to the current price is 6.13% . |
Yem Chio Fundamentals Correlations and Trends
By evaluating Yem Chio'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 Yem Chio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yem Chio Stock history
Yem Chio 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 Yem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yem Chio 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 Yem Chio stock prices may prove useful in developing a viable investing in Yem Chio
Yem Chio Co., Ltd. engages in the biaxially stretched polypropylene film, adhesive tape, packaging material, land developmentconstruction, and petrochemical businesses worldwide. Yem Chio Co., Ltd. was founded in 1977 and is based in Taipei City, Taiwan. YEM CHIO operates under Rubber Plastics classification in Taiwan and is traded on Taiwan Stock Exchange.
Yem Chio Stock Technical Analysis
Yem Chio 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
Yem Chio Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Yem Chio Co 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.
Yem Chio December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Yem Chio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yem Chio shares will generate the highest return on investment. By undertsting and applying Yem Chio stock market strength indicators, traders can identify Yem Chio Co entry and exit signals to maximize returns
Yem Chio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yem Chio's price direction in advance. Along with the technical and fundamental analysis of Yem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yem 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 | (0.14) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | 19.3 |
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Additional Tools for Yem Stock Analysis
When running Yem Chio's price analysis, check to measure Yem Chio'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 Yem Chio is operating at the current time. Most of Yem Chio's value examination focuses on studying past and present price action to predict the probability of Yem Chio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yem Chio's price. Additionally, you may evaluate how the addition of Yem Chio to your portfolios can decrease your overall portfolio volatility.