Song Ho (Taiwan) Price on July 23, 2024
5016 Stock | TWD 27.70 0.05 0.18% |
If you're considering investing in Song Stock, it is important to understand the factors that can impact its price. As of today, the current price of Song Ho stands at 27.70, as last reported on the 28th of November, with the highest price reaching 27.85 and the lowest price hitting 27.60 during the day. Song Ho Industrial owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0024, which indicates the firm had a -0.0024% return per unit of risk over the last 3 months. Song Ho Industrial exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Song Ho's Coefficient Of Variation of 13058.9, semi deviation of 0.4559, and Risk Adjusted Performance of 0.0021 to confirm the risk estimate we provide.
Song Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Song |
Sharpe Ratio = -0.0024
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Negative Returns | 5016 |
Estimated Market Risk
0.56 actual daily | 4 96% 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 Song Ho 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 Song Ho by adding Song Ho to a well-diversified portfolio.
Song Ho Valuation on July 23, 2024
It is possible to determine the worth of Song Ho on a given historical date. On July 23, 2024 Song was worth 27.9 at the beginning of the trading date compared to the closed value of 27.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Song Ho stock. Still, in general, we apply an absolute valuation method to find Song Ho'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 Song Ho where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Song Ho's related companies.
Open | High | Low | Close | Volume | |
27.80 | 27.80 | 27.80 | 27.80 | 1.00 | |
07/23/2024 | 27.90 | 27.90 | 27.90 | 27.90 | 2,050 |
27.90 | 27.90 | 27.90 | 27.90 | 1.00 |
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Song Ho Trading Date Momentum on July 23, 2024
On July 24 2024 Song Ho Industrial was traded for 27.90 at the closing time. The highest price during the trading period was 27.90 and the lowest recorded bid was listed for 27.90 . There was no trading activity during the period 1.0. Lack of trading volume on July 24, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.36% . |
Song Ho Industrial Fundamentals Correlations and Trends
By evaluating Song Ho'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 Song Ho's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Song financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Song Ho Stock history
Song Ho 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 Song is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Song Ho 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 Song Ho stock prices may prove useful in developing a viable investing in Song Ho
Song Ho Industrial Co., Ltd. manufactures and sells various steel products in Taiwan. Song Ho Industrial Co., Ltd. was founded in 1972 and is based in Nantou City, Taiwan. SONG HO operates under Steel classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 469 people.
Song Ho Stock Technical Analysis
Song Ho 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
Song Ho Period Price Range
Low | November 28, 2024
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0.00 | 0.00 |
Song Ho 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.
Song Ho November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Song Ho stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Song Ho shares will generate the highest return on investment. By undertsting and applying Song Ho stock market strength indicators, traders can identify Song Ho Industrial entry and exit signals to maximize returns
Song Ho Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Song Ho's price direction in advance. Along with the technical and fundamental analysis of Song Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Song 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 | 0.0021 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.09) | |||
Sortino Ratio | (0.20) | |||
Treynor Ratio | (0.08) |
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Additional Tools for Song Stock Analysis
When running Song Ho's price analysis, check to measure Song Ho'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 Song Ho is operating at the current time. Most of Song Ho's value examination focuses on studying past and present price action to predict the probability of Song Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Song Ho's price. Additionally, you may evaluate how the addition of Song Ho to your portfolios can decrease your overall portfolio volatility.