Shih Wei (Taiwan) Price on December 9, 2024
| 5608 Stock | TWD 17.50 0.20 1.13% |
If you're considering investing in Shih Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shih Wei stands at 17.50, as last reported on the 12th of December 2024, with the highest price reaching 17.70 and the lowest price hitting 17.50 during the day. At this stage we consider Shih Stock to be not too volatile. Shih Wei Navigation owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0265, which indicates the firm had a 0.0265% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shih Wei Navigation, which you can use to evaluate the volatility of the company. Please validate Shih Wei's Risk Adjusted Performance of 0.0264, semi deviation of 1.43, and Coefficient Of Variation of 3537.01 to confirm if the risk estimate we provide is consistent with the expected return of 0.048%.
Shih Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shih |
Sharpe Ratio = 0.0265
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 5608 |
Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Shih Wei is performing at about 2% 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 Shih Wei by adding it to a well-diversified portfolio.
Shih Wei Valuation on December 9, 2024
It is possible to determine the worth of Shih Wei on a given historical date. On December 9, 2024 Shih was worth 17.7 at the beginning of the trading date compared to the closed value of 18.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shih Wei stock. Still, in general, we apply an absolute valuation method to find Shih Wei'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 Shih Wei where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shih Wei's related companies.
| Open | High | Low | Close | Volume | |
| 17.65 | 17.90 | 17.55 | 17.65 | 784,759 | |
12/09/2024 | 17.70 | 18.15 | 17.70 | 18.00 | 2,155,554 |
| 18.15 | 18.25 | 17.70 | 17.70 | 1,279,403 |
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Shih Wei Trading Date Momentum on December 9, 2024
| On December 10 2024 Shih Wei Navigation was traded for 17.70 at the closing time. The highest price during the trading period was 18.25 and the lowest recorded bid was listed for 17.70 . The volume for the day was 1.3 M. This history from December 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.67% . The trading price change to the current price is 1.94% . |
Shih Wei Navigation Fundamentals Correlations and Trends
By evaluating Shih Wei'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 Shih Wei's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shih financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shih Wei Stock history
Shih Wei 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 Shih is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shih Wei Navigation 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 Shih Wei stock prices may prove useful in developing a viable investing in Shih Wei
Shih Wei Navigation Co., Ltd. operates as a dry cargo shipping company in Taiwan. The company was founded in 1985 and is based in Taipei, Taiwan. SHIH WEI operates under Shipping Ports classification in Taiwan and is traded on Taiwan Stock Exchange.
Shih Wei Stock Technical Analysis
Shih Wei 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
Shih Wei Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Shih Wei Navigation 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.
Shih Wei December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Shih Wei stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shih Wei shares will generate the highest return on investment. By undertsting and applying Shih Wei stock market strength indicators, traders can identify Shih Wei Navigation entry and exit signals to maximize returns
Shih Wei Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shih Wei's price direction in advance. Along with the technical and fundamental analysis of Shih Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shih 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 | 0.0264 | |||
| Jensen Alpha | 0.0569 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.29) |
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Additional Tools for Shih Stock Analysis
When running Shih Wei's price analysis, check to measure Shih Wei'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 Shih Wei is operating at the current time. Most of Shih Wei's value examination focuses on studying past and present price action to predict the probability of Shih Wei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shih Wei's price. Additionally, you may evaluate how the addition of Shih Wei to your portfolios can decrease your overall portfolio volatility.