Heran (Taiwan) Price on November 10, 2023
If you're considering investing in Heran Stock, it is important to understand the factors that can impact its price. At this stage we consider Heran Stock to be very steady. Heran holds Efficiency (Sharpe) Ratio of 0.0131, which attests that the entity had a 0.0131% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Heran, which you can use to evaluate the volatility of the firm. Please check out Heran's Market Risk Adjusted Performance of 7.0E-4, downside deviation of 0.9994, and Risk Adjusted Performance of 0.0107 to validate if the risk estimate we provide is consistent with the expected return of 0.0107%.
Heran Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Heran |
Sharpe Ratio = 0.0131
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 5283 |
Estimated Market Risk
| 0.82 actual daily | 7 93% 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 | 1 99% of assets perform better |
Based on monthly moving average Heran is performing at about 1% of its full potential. 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 Heran by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Heran Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Heran Co 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.
Heran November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Heran stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Heran shares will generate the highest return on investment. By undertsting and applying Heran stock market strength indicators, traders can identify Heran Co entry and exit signals to maximize returns
Heran Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Heran's price direction in advance. Along with the technical and fundamental analysis of Heran Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Heran 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 | 0.0107 | |||
| Jensen Alpha | 0.0103 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (0.01) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Heran Stock Analysis
When running Heran's price analysis, check to measure Heran'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 Heran is operating at the current time. Most of Heran's value examination focuses on studying past and present price action to predict the probability of Heran's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heran's price. Additionally, you may evaluate how the addition of Heran to your portfolios can decrease your overall portfolio volatility.