Allied Industrial (Taiwan) Price on November 29, 2024
| 4702 Stock | TWD 12.70 0.05 0.40% |
If you're considering investing in Allied Stock, it is important to understand the factors that can impact its price. As of today, the current price of Allied Industrial stands at 12.70, as last reported on the 4th of December, with the highest price reaching 12.75 and the lowest price hitting 12.65 during the day. At this stage we consider Allied Stock to be very steady. Allied Industrial secures Sharpe Ratio (or Efficiency) of 0.0122, which signifies that the company had a 0.0122% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Allied Industrial, which you can use to evaluate the volatility of the firm. Please confirm Allied Industrial's Standard Deviation of 0.7385, risk adjusted performance of (0.02), and Mean Deviation of 0.4493 to double-check if the risk estimate we provide is consistent with the expected return of 0.009%.
Allied Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Allied |
Sharpe Ratio = 0.0122
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 4702 |
Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Allied Industrial 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 Allied Industrial by adding Allied Industrial to a well-diversified portfolio.
Allied Industrial Valuation on November 29, 2024
It is possible to determine the worth of Allied Industrial on a given historical date. On November 29, 2024 Allied was worth 12.7 at the beginning of the trading date compared to the closed value of 12.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allied Industrial stock. Still, in general, we apply an absolute valuation method to find Allied 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 Allied Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allied Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 12.65 | 12.65 | 12.55 | 12.65 | 21,217 | |
11/29/2024 | 12.70 | 12.85 | 12.70 | 12.70 | 14,224 |
| 12.70 | 12.75 | 12.65 | 12.70 | 31,000 |
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Allied Industrial Trading Date Momentum on November 29, 2024
| On December 02 2024 Allied Industrial was traded for 12.70 at the closing time. The highest price during the trading period was 12.75 and the lowest recorded bid was listed for 12.65 . The volume for the day was 31 K. This history from December 2, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Allied Industrial Fundamentals Correlations and Trends
By evaluating Allied 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 Allied Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allied financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Allied Industrial Stock history
Allied 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 Allied is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allied 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 Allied Industrial stock prices may prove useful in developing a viable investing in Allied Industrial
Allied Industrial Corp., Ltd. manufactures and sells disperse dyes, food additives, and others. Allied Industrial Corp., Ltd. was founded in 1964 and is headquartered in Taipei, Taiwan. ALLIED INDUSTRIES is traded on Taiwan OTC Exchange in Taiwan.
Allied Industrial Stock Technical Analysis
Allied 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
Allied Industrial Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Allied Industrial 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.
Allied Industrial December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Allied 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 Allied Industrial shares will generate the highest return on investment. By undertsting and applying Allied Industrial stock market strength indicators, traders can identify Allied Industrial entry and exit signals to maximize returns
Allied Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allied Industrial's price direction in advance. Along with the technical and fundamental analysis of Allied Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allied 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 | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.33) |
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Additional Tools for Allied Stock Analysis
When running Allied Industrial's price analysis, check to measure Allied 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 Allied Industrial is operating at the current time. Most of Allied Industrial's value examination focuses on studying past and present price action to predict the probability of Allied 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 Allied Industrial's price. Additionally, you may evaluate how the addition of Allied Industrial to your portfolios can decrease your overall portfolio volatility.