Golden Friends (Taiwan) Price on December 5, 2023
| 4506 Stock | TWD 102.00 0.50 0.49% |
If you're considering investing in Golden Stock, it is important to understand the factors that can impact its price. As of today, the current price of Golden Friends stands at 102.00, as last reported on the 11th of December 2024, with the highest price reaching 102.50 and the lowest price hitting 102.00 during the day. At this stage we consider Golden Stock to be very steady. Golden Friends holds Efficiency (Sharpe) Ratio of 0.0649, which attests that the entity had a 0.0649% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Golden Friends, which you can use to evaluate the volatility of the firm. Please check out Golden Friends' Risk Adjusted Performance of 0.0393, market risk adjusted performance of (1.94), and Downside Deviation of 0.7408 to validate if the risk estimate we provide is consistent with the expected return of 0.0512%.
Golden Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Golden |
Sharpe Ratio = 0.0649
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | 4506 | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Golden Friends is performing at about 5% 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 Golden Friends by adding it to a well-diversified portfolio.
Golden Friends Valuation on December 5, 2023
It is possible to determine the worth of Golden Friends on a given historical date. On December 5, 2023 Golden was worth 78.7 at the beginning of the trading date compared to the closed value of 78.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Golden Friends stock. Still, in general, we apply an absolute valuation method to find Golden Friends' 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 Golden Friends where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Golden Friends' related companies.
| Open | High | Low | Close | Volume | |
| 78.90 | 78.90 | 78.70 | 78.70 | 127,000 | |
12/05/2023 | 78.70 | 78.90 | 78.70 | 78.90 | 41,000 |
| 78.90 | 79.60 | 78.90 | 79.50 | 32,000 |
| Backtest Golden Friends | | | Golden Friends History | | | Golden Friends Valuation | Previous | Next |
Golden Friends Trading Date Momentum on December 5, 2023
| On December 06 2023 Golden Friends was traded for 79.50 at the closing time. The highest price during the trading period was 79.60 and the lowest recorded bid was listed for 78.90 . The volume for the day was 32 K. This history from December 6, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.76% . The overall trading delta to the current price is 1.01% . |
Golden Friends Fundamentals Correlations and Trends
By evaluating Golden Friends' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Golden Friends' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Golden financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Golden Friends Stock history
Golden Friends 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 Golden is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Golden Friends 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 Golden Friends stock prices may prove useful in developing a viable investing in Golden Friends
Golden Friends Stock Technical Analysis
Golden Friends 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
Golden Friends Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Golden Friends 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.
Golden Friends December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Golden Friends stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golden Friends shares will generate the highest return on investment. By undertsting and applying Golden Friends stock market strength indicators, traders can identify Golden Friends entry and exit signals to maximize returns
Golden Friends Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Golden Friends' price direction in advance. Along with the technical and fundamental analysis of Golden Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Golden 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 | 0.0393 | |||
| Jensen Alpha | 0.0341 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (1.95) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Golden Stock Analysis
When running Golden Friends' price analysis, check to measure Golden Friends' 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 Golden Friends is operating at the current time. Most of Golden Friends' value examination focuses on studying past and present price action to predict the probability of Golden Friends' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Friends' price. Additionally, you may evaluate how the addition of Golden Friends to your portfolios can decrease your overall portfolio volatility.