Double Bond (Taiwan) Price on November 8, 2024
| 4764 Stock | TWD 43.90 0.25 0.57% |
If you're considering investing in Double Stock, it is important to understand the factors that can impact its price. As of today, the current price of Double Bond stands at 43.90, as last reported on the 27th of November, with the highest price reaching 44.05 and the lowest price hitting 43.90 during the day. At this stage we consider Double Stock to be very steady. Double Bond Chemical secures Sharpe Ratio (or Efficiency) of 1.0E-4, which denotes the company had a 1.0E-4% return per unit of risk over the last 3 months. We have found thirty technical indicators for Double Bond Chemical, which you can use to evaluate the volatility of the firm. Please confirm Double Bond's Mean Deviation of 0.9454, downside deviation of 1.35, and Coefficient Of Variation of 4551.41 to check if the risk estimate we provide is consistent with the expected return of 2.0E-4%.
Double Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Double |
Sharpe Ratio = 1.0E-4
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 4764 |
Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Double Bond 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 Double Bond by adding Double Bond to a well-diversified portfolio.
Double Bond Valuation on November 8, 2024
It is possible to determine the worth of Double Bond on a given historical date. On November 8, 2024 Double was worth 45.5 at the beginning of the trading date compared to the closed value of 44.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Double Bond stock. Still, in general, we apply an absolute valuation method to find Double Bond'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 Double Bond where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Double Bond's related companies.
| Open | High | Low | Close | Volume | |
| 45.50 | 46.00 | 45.30 | 45.70 | 13,162 | |
11/08/2024 | 45.50 | 45.50 | 44.30 | 44.30 | 31,080 |
| 43.85 | 44.50 | 43.85 | 44.30 | 33,442 |
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Double Bond Trading Date Momentum on November 8, 2024
| On November 11 2024 Double Bond Chemical was traded for 44.30 at the closing time. The highest price during the trading period was 44.50 and the lowest recorded bid was listed for 43.85 . The volume for the day was 33.4 K. This history from November 11, 2024 did not affect price variability. The overall trading delta to the current price is 1.13% . |
Double Bond Chemical Fundamentals Correlations and Trends
By evaluating Double Bond'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 Double Bond's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Double financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Double Bond Stock history
Double Bond 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 Double is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Double Bond Chemical 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 Double Bond stock prices may prove useful in developing a viable investing in Double Bond
Co., Ltd. manufactures and sells fine chemicals with focus on the polymer and UV-coating industries in Taiwan and internationally. Co., Ltd. was founded in 1994 and is headquartered in New Taipei City, Taiwan. DOUBLE BOND operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.
Double Bond Stock Technical Analysis
Double Bond 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
Double Bond Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Double Bond Chemical 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.
Double Bond November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Double Bond stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Double Bond shares will generate the highest return on investment. By undertsting and applying Double Bond stock market strength indicators, traders can identify Double Bond Chemical entry and exit signals to maximize returns
Double Bond Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Double Bond's price direction in advance. Along with the technical and fundamental analysis of Double Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Double 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 | 0.0212 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0938 |
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Additional Tools for Double Stock Analysis
When running Double Bond's price analysis, check to measure Double Bond'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 Double Bond is operating at the current time. Most of Double Bond's value examination focuses on studying past and present price action to predict the probability of Double Bond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Double Bond's price. Additionally, you may evaluate how the addition of Double Bond to your portfolios can decrease your overall portfolio volatility.