I Sheng (Taiwan) Price on July 1, 2024

6115 Stock  TWD 52.50  0.20  0.38%   
If you're considering investing in 6115 Stock, it is important to understand the factors that can impact its price. As of today, the current price of I Sheng stands at 52.50, as last reported on the 1st of December, with the highest price reaching 52.70 and the lowest price hitting 51.80 during the day. I Sheng Electric holds Efficiency (Sharpe) Ratio of -0.0211, which attests that the company had a -0.0211% return per unit of volatility over the last 3 months. I Sheng Electric exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out I Sheng's coefficient of variation of (10,924), and Market Risk Adjusted Performance of (0.30) to validate the risk estimate we provide.
  
6115 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0211

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Estimated Market Risk

 0.5
  actual daily
4
96% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average I Sheng 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 I Sheng by adding I Sheng to a well-diversified portfolio.

I Sheng Valuation on July 1, 2024

It is possible to determine the worth of I Sheng on a given historical date. On July 1, 2024 6115 was worth 55.07 at the beginning of the trading date compared to the closed value of 55.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of I Sheng stock. Still, in general, we apply an absolute valuation method to find I Sheng'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 I Sheng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against I Sheng's related companies.
 Open High Low Close Volume
  57.80    58.00    57.50    58.00    158,595  
07/01/2024
  55.07    55.45    54.79    55.36    307,070  
  55.45    55.45    54.88    55.07    278,825  
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Open Value
55.07
55.36
Closing Value
56.58
Upside

I Sheng Trading Date Momentum on July 1, 2024

On July 02 2024 I Sheng Electric Wire was traded for  55.07  at the closing time. The highest price during the trading period was 55.45  and the lowest recorded bid was listed for  54.88 . The volume for the day was 278.8 K. This history from July 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.52% . The trading delta at closing time to the current price is 2.10% .

I Sheng Electric Fundamentals Correlations and Trends

By evaluating I Sheng'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 I Sheng's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 6115 financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About I Sheng Stock history

I Sheng 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 6115 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in I Sheng Electric 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 I Sheng stock prices may prove useful in developing a viable investing in I Sheng
I-Sheng Electric Wire Cable Co., Ltd. provides plugs and connectors, power supply cords, LAN cables, and electronic signal cables in Taiwan and internationally. The company was founded in 1973 and is based in Taoyuan City, Taiwan. I SHENG operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.

I Sheng Stock Technical Analysis

I Sheng 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 I Sheng technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of I Sheng 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

I Sheng Period Price Range

Low
December 1, 2024
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High

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I Sheng Electric Wire 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.

I Sheng December 1, 2024 Market Strength

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

I Sheng Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for I Sheng's price direction in advance. Along with the technical and fundamental analysis of 6115 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 6115 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 6115 Stock Analysis

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