ALFORMER Industrial (Taiwan) Price on September 20, 2024
| 4558 Stock | TWD 44.75 0.30 0.67% |
If you're considering investing in ALFORMER Stock, it is important to understand the factors that can impact its price. As of today, the current price of ALFORMER Industrial stands at 44.75, as last reported on the 24th of November, with the highest price reaching 45.80 and the lowest price hitting 43.00 during the day. ALFORMER Industrial appears to be not too volatile, given 3 months investment horizon. ALFORMER Industrial secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. By examining ALFORMER Industrial's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please makes use of ALFORMER Industrial's Mean Deviation of 2.59, risk adjusted performance of 0.1498, and Downside Deviation of 3.56 to double-check if our risk estimates are consistent with your expectations.
ALFORMER Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ALFORMER |
Sharpe Ratio = 0.1884
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 4558 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.01 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average ALFORMER Industrial is performing at about 14% 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 ALFORMER Industrial by adding it to a well-diversified portfolio.
ALFORMER Industrial Valuation on September 20, 2024
It is possible to determine the worth of ALFORMER Industrial on a given historical date. On September 20, 2024 ALFORMER was worth 27.35 at the beginning of the trading date compared to the closed value of 27.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALFORMER Industrial stock. Still, in general, we apply an absolute valuation method to find ALFORMER Industrial'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 ALFORMER Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ALFORMER Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 27.05 | 27.25 | 27.05 | 27.25 | 2,000 | |
09/20/2024 | 27.35 | 27.35 | 27.35 | 27.35 | 3,000 |
| 27.35 | 27.80 | 27.20 | 27.75 | 30,279 |
| Backtest ALFORMER Industrial | | | ALFORMER Industrial History | | | ALFORMER Industrial Valuation | Previous | Next |
ALFORMER Industrial Trading Date Momentum on September 20, 2024
| On September 23 2024 ALFORMER Industrial Co was traded for 27.75 at the closing time. The highest price during the trading period was 27.80 and the lowest recorded bid was listed for 27.20 . The volume for the day was 30.3 K. This history from September 23, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.46% . The overall trading delta to the current price is 3.84% . |
ALFORMER Industrial Fundamentals Correlations and Trends
By evaluating ALFORMER Industrial'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 ALFORMER Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ALFORMER financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ALFORMER Industrial Stock history
ALFORMER Industrial 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 ALFORMER is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ALFORMER Industrial 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 ALFORMER Industrial stock prices may prove useful in developing a viable investing in ALFORMER Industrial
ALFORMER Industrial Co., Ltd. produces and processes aluminum products in Taiwan. ALFORMER Industrial Co., Ltd. was founded in 1997 and is based in Changhua County, Taiwan. ALFORMER INDUSTRIAL operates under Aluminum classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 294 people.
ALFORMER Industrial Stock Technical Analysis
ALFORMER Industrial 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
ALFORMER Industrial Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
ALFORMER Industrial 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.
ALFORMER Industrial November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how ALFORMER Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALFORMER Industrial shares will generate the highest return on investment. By undertsting and applying ALFORMER Industrial stock market strength indicators, traders can identify ALFORMER Industrial Co entry and exit signals to maximize returns
ALFORMER Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ALFORMER Industrial's price direction in advance. Along with the technical and fundamental analysis of ALFORMER Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ALFORMER 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 | 0.1498 | |||
| Jensen Alpha | 0.7769 | |||
| Total Risk Alpha | 0.0977 | |||
| Sortino Ratio | 0.1682 | |||
| Treynor Ratio | (1.52) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for ALFORMER Stock Analysis
When running ALFORMER Industrial's price analysis, check to measure ALFORMER Industrial'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 ALFORMER Industrial is operating at the current time. Most of ALFORMER Industrial's value examination focuses on studying past and present price action to predict the probability of ALFORMER Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALFORMER Industrial's price. Additionally, you may evaluate how the addition of ALFORMER Industrial to your portfolios can decrease your overall portfolio volatility.