Chain Chon (Taiwan) Price on September 19, 2024

5014 Stock  TWD 14.75  0.10  0.68%   
If you're considering investing in Chain Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chain Chon stands at 14.75, as last reported on the 30th of November, with the highest price reaching 14.75 and the lowest price hitting 14.50 during the day. Chain Chon Industrial secures Sharpe Ratio (or Efficiency) of -0.0391, which signifies that the company had a -0.0391% return per unit of standard deviation over the last 3 months. Chain Chon Industrial exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chain Chon's mean deviation of 1.69, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
  
Chain Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0391

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Estimated Market Risk

 2.7
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Chain Chon 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 Chain Chon by adding Chain Chon to a well-diversified portfolio.

Chain Chon Valuation on September 19, 2024

It is possible to determine the worth of Chain Chon on a given historical date. On September 19, 2024 Chain was worth 16.05 at the beginning of the trading date compared to the closed value of 15.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chain Chon stock. Still, in general, we apply an absolute valuation method to find Chain Chon'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 Chain Chon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chain Chon's related companies.
 Open High Low Close Volume
  16.15    16.15    15.95    15.95    351,634  
09/19/2024
  16.05    16.10    15.95    15.95    265,000  
  16.05    16.05    15.85    15.95    237,559  
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Open Value
16.05
15.95
Closing Value
24.16
Upside

Chain Chon Trading Date Momentum on September 19, 2024

On September 20 2024 Chain Chon Industrial was traded for  15.95  at the closing time. The highest price during the trading period was 16.05  and the lowest recorded bid was listed for  15.85 . The volume for the day was 237.6 K. This history from September 20, 2024 did not affect price variability. The overall trading delta to the current price is 10.03% .

Chain Chon Industrial Fundamentals Correlations and Trends

By evaluating Chain Chon'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 Chain Chon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chain financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Chain Chon Stock history

Chain Chon 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 Chain is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chain Chon 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 Chain Chon stock prices may prove useful in developing a viable investing in Chain Chon
Chain Chon Industrial Co., Ltd. manufactures and sells stainless steel products in Taiwan and internationally. The company was founded in 1980 and is headquartered in Taoyuan City, Taiwan. CHAIN CHON is traded on Taiwan OTC Exchange in Taiwan.

Chain Chon Stock Technical Analysis

Chain Chon 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.
A focus of Chain Chon technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chain Chon trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Chain Chon Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Chain Chon 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.

Chain Chon November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Chain Chon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chain Chon shares will generate the highest return on investment. By undertsting and applying Chain Chon stock market strength indicators, traders can identify Chain Chon Industrial entry and exit signals to maximize returns

Chain Chon Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Chain Chon's price direction in advance. Along with the technical and fundamental analysis of Chain Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chain 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.

Additional Tools for Chain Stock Analysis

When running Chain Chon's price analysis, check to measure Chain Chon'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 Chain Chon is operating at the current time. Most of Chain Chon's value examination focuses on studying past and present price action to predict the probability of Chain Chon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chain Chon's price. Additionally, you may evaluate how the addition of Chain Chon to your portfolios can decrease your overall portfolio volatility.