Far EasTone (Taiwan) Price on September 20, 2024
4904 Stock | TWD 90.30 0.70 0.77% |
If you're considering investing in Far Stock, it is important to understand the factors that can impact its price. As of today, the current price of Far EasTone stands at 90.30, as last reported on the 27th of November, with the highest price reaching 90.80 and the lowest price hitting 89.70 during the day. At this stage we consider Far Stock to be very steady. Far EasTone Telecomm secures Sharpe Ratio (or Efficiency) of 0.0103, which denotes the company had a 0.0103% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Far EasTone Telecommunications, which you can use to evaluate the volatility of the firm. Please confirm Far EasTone's Coefficient Of Variation of 4795.93, mean deviation of 0.8258, and Downside Deviation of 1.22 to check if the risk estimate we provide is consistent with the expected return of 0.0111%.
Far Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Far |
Sharpe Ratio = 0.0103
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 4904 |
Estimated Market Risk
1.08 actual daily | 9 91% 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 Far EasTone 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 Far EasTone by adding Far EasTone to a well-diversified portfolio.
Far EasTone Valuation on September 20, 2024
It is possible to determine the worth of Far EasTone on a given historical date. On September 20, 2024 Far was worth 92.4 at the beginning of the trading date compared to the closed value of 93.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Far EasTone stock. Still, in general, we apply an absolute valuation method to find Far EasTone'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 Far EasTone where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Far EasTone's related companies.
Open | High | Low | Close | Volume | |
92.80 | 93.00 | 91.70 | 91.70 | 7,159,420 | |
09/20/2024 | 92.40 | 93.70 | 92.00 | 93.70 | 9,495,231 |
93.70 | 93.70 | 92.50 | 93.20 | 4,835,092 |
Backtest Far EasTone | | | Far EasTone History | | | Far EasTone Valuation | Previous | Next |
Far EasTone Trading Date Momentum on September 20, 2024
On September 23 2024 Far EasTone Telecommunications was traded for 93.20 at the closing time. The highest price during the trading period was 93.70 and the lowest recorded bid was listed for 92.50 . The volume for the day was 4.8 M. This history from September 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.53% . The overall trading delta to the current price is 2.67% . |
Far EasTone Telecomm Fundamentals Correlations and Trends
By evaluating Far EasTone'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 Far EasTone's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Far financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Far EasTone Stock history
Far EasTone 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 Far is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Far EasTone Telecomm 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 Far EasTone stock prices may prove useful in developing a viable investing in Far EasTone
Far EasTone Telecommunications Co., Ltd. provides wireless communications, leased circuit, Internet, and international simple resale services in the Peoples Republic of China. The company was founded in 1997 and is headquartered in Taipei, Taiwan. FAR EASTONE operates under Diversified Telecommunications classification in Taiwan and is traded on Taiwan Stock Exchange.
Far EasTone Stock Technical Analysis
Far EasTone 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
Far EasTone Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Far EasTone Telecommunications 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.
Far EasTone November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Far EasTone stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Far EasTone shares will generate the highest return on investment. By undertsting and applying Far EasTone stock market strength indicators, traders can identify Far EasTone Telecommunications entry and exit signals to maximize returns
Far EasTone Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Far EasTone's price direction in advance. Along with the technical and fundamental analysis of Far Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Far 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 | 0.0188 | |||
Jensen Alpha | 0.006 | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | (0.09) | |||
Treynor Ratio | 0.2293 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Far Stock Analysis
When running Far EasTone's price analysis, check to measure Far EasTone'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 Far EasTone is operating at the current time. Most of Far EasTone's value examination focuses on studying past and present price action to predict the probability of Far EasTone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Far EasTone's price. Additionally, you may evaluate how the addition of Far EasTone to your portfolios can decrease your overall portfolio volatility.