Taiwan Hopax (Taiwan) Price on June 25, 2024
| 6509 Stock | TWD 42.10 0.25 0.59% |
If you're considering investing in Taiwan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taiwan Hopax stands at 42.10, as last reported on the 24th of November, with the highest price reaching 42.55 and the lowest price hitting 42.10 during the day. At this stage we consider Taiwan Stock to be very steady. Taiwan Hopax Chemsistry owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0628, which indicates the firm had a 0.0628% return per unit of risk over the last 3 months. We have found thirty technical indicators for Taiwan Hopax Chemsistry, which you can use to evaluate the volatility of the company. Please validate Taiwan Hopax's Semi Deviation of 1.15, risk adjusted performance of 0.0509, and Coefficient Of Variation of 1649.4 to confirm if the risk estimate we provide is consistent with the expected return of 0.073%.
Taiwan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taiwan |
Sharpe Ratio = 0.0628
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Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Taiwan Hopax is performing at about 4% 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 Taiwan Hopax by adding it to a well-diversified portfolio.
Taiwan Hopax Valuation on June 25, 2024
It is possible to determine the worth of Taiwan Hopax on a given historical date. On June 25, 2024 Taiwan was worth 42.85 at the beginning of the trading date compared to the closed value of 42.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiwan Hopax stock. Still, in general, we apply an absolute valuation method to find Taiwan Hopax'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 Taiwan Hopax where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiwan Hopax's related companies.
| Open | High | Low | Close | Volume | |
| 42.75 | 43.40 | 42.60 | 42.60 | 1,710,000 | |
06/25/2024 | 42.85 | 43.05 | 41.75 | 42.70 | 833,681 |
| 42.75 | 43.80 | 42.40 | 42.75 | 1,449,287 |
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Taiwan Hopax Trading Date Momentum on June 25, 2024
| On June 26 2024 Taiwan Hopax Chemsistry was traded for 42.75 at the closing time. The highest price during the trading period was 43.80 and the lowest recorded bid was listed for 42.40 . The volume for the day was 1.4 M. This history from June 26, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.12% . The trading price change to the current price is 4.80% . |
Taiwan Hopax Chemsistry Fundamentals Correlations and Trends
By evaluating Taiwan Hopax'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 Taiwan Hopax's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taiwan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taiwan Hopax Stock history
Taiwan Hopax 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 Taiwan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taiwan Hopax Chemsistry 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 Taiwan Hopax stock prices may prove useful in developing a viable investing in Taiwan Hopax
,Ltd. produces and sells diversified chemical products in the areas of specialty chemicals, fine chemicals, and repositionable self-adhesive products in Taiwan and internationally. The company was founded in 1975 and is headquartered in Kaohsiung, Taiwan. TAIWAN HOPAX operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan OTC Exchange.
Taiwan Hopax Stock Technical Analysis
Taiwan Hopax 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
Taiwan Hopax Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Taiwan Hopax Chemsistry 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.
Taiwan Hopax November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Taiwan Hopax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taiwan Hopax shares will generate the highest return on investment. By undertsting and applying Taiwan Hopax stock market strength indicators, traders can identify Taiwan Hopax Chemsistry entry and exit signals to maximize returns
Taiwan Hopax Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taiwan Hopax's price direction in advance. Along with the technical and fundamental analysis of Taiwan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taiwan 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 | 0.0509 | |||
| Jensen Alpha | 0.045 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.3156 |
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Additional Tools for Taiwan Stock Analysis
When running Taiwan Hopax's price analysis, check to measure Taiwan Hopax'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 Taiwan Hopax is operating at the current time. Most of Taiwan Hopax's value examination focuses on studying past and present price action to predict the probability of Taiwan Hopax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Hopax's price. Additionally, you may evaluate how the addition of Taiwan Hopax to your portfolios can decrease your overall portfolio volatility.