Tachan Securities (Taiwan) Price on January 22, 2024
6020 Stock | TWD 19.00 0.10 0.52% |
If you're considering investing in Tachan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tachan Securities stands at 19.00, as last reported on the 11th of December 2024, with the highest price reaching 19.00 and the lowest price hitting 19.00 during the day. Tachan Securities owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0132, which indicates the firm had a -0.0132% return per unit of risk over the last 3 months. Tachan Securities Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tachan Securities' Coefficient Of Variation of (1,948), variance of 0.0903, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
Tachan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tachan |
Sharpe Ratio = -0.0132
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Negative Returns | 6020 |
Estimated Market Risk
0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
0.0 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 Tachan Securities 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 Tachan Securities by adding Tachan Securities to a well-diversified portfolio.
Tachan Securities Valuation on January 22, 2024
It is possible to determine the worth of Tachan Securities on a given historical date. On January 22, 2024 Tachan was worth 18.13 at the beginning of the trading date compared to the closed value of 18.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tachan Securities stock. Still, in general, we apply an absolute valuation method to find Tachan Securities' 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 Tachan Securities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tachan Securities' related companies.
Open | High | Low | Close | Volume | |
17.94 | 18.04 | 17.94 | 18.04 | 4,000 | |
01/22/2024 | 18.13 | 18.13 | 18.04 | 18.04 | 3,000 |
18.04 | 18.04 | 18.04 | 18.04 | 2,000 |
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Tachan Securities Trading Date Momentum on January 22, 2024
On January 23 2024 Tachan Securities Co was traded for 18.04 at the closing time. The highest price during the trading period was 18.04 and the lowest recorded bid was listed for 18.04 . The volume for the day was 2 K. This history from January 23, 2024 did not result in any price rise and fall. The trading price change to the current price is 2.33% . |
Tachan Securities Fundamentals Correlations and Trends
By evaluating Tachan Securities' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tachan Securities' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tachan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tachan Securities Stock history
Tachan Securities 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 Tachan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tachan Securities 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 Tachan Securities stock prices may prove useful in developing a viable investing in Tachan Securities
Tachan Securities Stock Technical Analysis
Tachan Securities 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
Tachan Securities Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Tachan Securities Co 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.
Tachan Securities December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Tachan Securities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tachan Securities shares will generate the highest return on investment. By undertsting and applying Tachan Securities stock market strength indicators, traders can identify Tachan Securities Co entry and exit signals to maximize returns
Tachan Securities Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tachan Securities' price direction in advance. Along with the technical and fundamental analysis of Tachan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tachan 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 | (0.05) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.07) | |||
Treynor Ratio | (0.25) |
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Additional Tools for Tachan Stock Analysis
When running Tachan Securities' price analysis, check to measure Tachan Securities' 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 Tachan Securities is operating at the current time. Most of Tachan Securities' value examination focuses on studying past and present price action to predict the probability of Tachan Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tachan Securities' price. Additionally, you may evaluate how the addition of Tachan Securities to your portfolios can decrease your overall portfolio volatility.