Chaheng Precision (Taiwan) Price on September 10, 2024
4546 Stock | TWD 92.20 0.20 0.22% |
If you're considering investing in Chaheng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chaheng Precision stands at 92.20, as last reported on the 22nd of November, with the highest price reaching 92.20 and the lowest price hitting 92.20 during the day. Chaheng Precision secures Sharpe Ratio (or Efficiency) of -0.0233, which signifies that the company had a -0.0233% return per unit of standard deviation over the last 3 months. Chaheng Precision Co exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chaheng Precision's risk adjusted performance of (0.04), and Mean Deviation of 1.03 to double-check the risk estimate we provide.
Chaheng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chaheng |
Sharpe Ratio = -0.0233
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Negative Returns | 4546 |
Estimated Market Risk
1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chaheng Precision 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 Chaheng Precision by adding Chaheng Precision to a well-diversified portfolio.
Chaheng Precision Valuation on September 10, 2024
It is possible to determine the worth of Chaheng Precision on a given historical date. On September 10, 2024 Chaheng was worth 96.6 at the beginning of the trading date compared to the closed value of 94.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chaheng Precision stock. Still, in general, we apply an absolute valuation method to find Chaheng Precision'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 Chaheng Precision where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chaheng Precision's related companies.
Open | High | Low | Close | Volume | |
96.50 | 96.50 | 96.20 | 96.30 | 2,231 | |
09/10/2024 | 96.60 | 96.60 | 94.20 | 94.50 | 19,313 |
96.50 | 96.50 | 96.50 | 96.50 | 1.00 |
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Chaheng Precision Trading Date Momentum on September 10, 2024
On September 11 2024 Chaheng Precision Co was traded for 96.50 at the closing time. The highest price during the trading period was 96.50 and the lowest recorded bid was listed for 96.50 . There was no trading activity during the period 1.0. Lack of trading volume on September 11, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 2.12% . The overall trading delta to the current price is 0.63% . |
Chaheng Precision Fundamentals Correlations and Trends
By evaluating Chaheng Precision'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 Chaheng Precision's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chaheng financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chaheng Precision Stock history
Chaheng Precision 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 Chaheng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chaheng Precision 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 Chaheng Precision stock prices may prove useful in developing a viable investing in Chaheng Precision
Chaheng Precision Co., Ltd. develops, produces, manufactures, and sells aero-engine components in Taiwan. The company was founded in 1997 and is headquartered in Kaohsiung, Taiwan. CHAHENG PRECISION operates under Aerospace Defense classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 304 people.
Chaheng Precision Stock Technical Analysis
Chaheng Precision 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
Chaheng Precision Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Chaheng Precision Co 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.
Chaheng Precision November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Chaheng Precision stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chaheng Precision shares will generate the highest return on investment. By undertsting and applying Chaheng Precision stock market strength indicators, traders can identify Chaheng Precision Co entry and exit signals to maximize returns
Chaheng Precision Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chaheng Precision's price direction in advance. Along with the technical and fundamental analysis of Chaheng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chaheng 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 | (0.04) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | 0.3567 |
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Volume Indicators |
Additional Tools for Chaheng Stock Analysis
When running Chaheng Precision's price analysis, check to measure Chaheng Precision'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 Chaheng Precision is operating at the current time. Most of Chaheng Precision's value examination focuses on studying past and present price action to predict the probability of Chaheng Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chaheng Precision's price. Additionally, you may evaluate how the addition of Chaheng Precision to your portfolios can decrease your overall portfolio volatility.