Green World (Taiwan) Price on May 24, 2024
6763 Stock | TWD 68.00 1.20 1.73% |
If you're considering investing in Green Stock, it is important to understand the factors that can impact its price. As of today, the current price of Green World stands at 68.00, as last reported on the 29th of November, with the highest price reaching 71.80 and the lowest price hitting 68.00 during the day. Green World appears to be very steady, given 3 months investment horizon. Green World Fintech holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. By evaluating Green World's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please utilize Green World's Downside Deviation of 3.81, risk adjusted performance of 0.1102, and Market Risk Adjusted Performance of (1.59) to validate if our risk estimates are consistent with your expectations.
Green Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Green |
Sharpe Ratio = 0.1333
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | 6763 | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
4.78 actual daily | 42 58% of assets are more volatile |
Expected Return
0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Green World is performing at about 10% 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 Green World by adding it to a well-diversified portfolio.
Green World Valuation on May 24, 2024
It is possible to determine the worth of Green World on a given historical date. On May 24, 2024 Green was worth 38.02 at the beginning of the trading date compared to the closed value of 38.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Green World stock. Still, in general, we apply an absolute valuation method to find Green World'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 Green World where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Green World's related companies.
Open | High | Low | Close | Volume | |
38.85 | 39.13 | 37.98 | 38.06 | 1,540,000 | |
05/24/2024 | 38.02 | 38.85 | 37.59 | 38.06 | 890,000 |
37.90 | 38.10 | 37.15 | 37.19 | 1,160,000 |
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Green World Trading Date Momentum on May 24, 2024
On May 27 2024 Green World Fintech was traded for 37.19 at the closing time. The highest price during the trading period was 38.10 and the lowest recorded bid was listed for 37.15 . The volume for the day was 1.2 M. This history from May 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.29% . The overall trading delta to the current price is 0.84% . |
Green World Fintech Fundamentals Correlations and Trends
By evaluating Green World'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 Green World's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Green financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Green World Stock history
Green World 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 Green is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Green World Fintech 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 Green World stock prices may prove useful in developing a viable investing in Green World
Green World Fintech Service Co., Ltd., a financial technology service company, provides third-party payment services. The company was founded in 1996 and is based in Taipei, Taiwan. GREEN WORLD operates under Information Technology Services classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 194 people.
Green World Stock Technical Analysis
Green World 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
Green World Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Green World Fintech 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.
Green World November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Green World stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Green World shares will generate the highest return on investment. By undertsting and applying Green World stock market strength indicators, traders can identify Green World Fintech entry and exit signals to maximize returns
Green World Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Green World's price direction in advance. Along with the technical and fundamental analysis of Green Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Green 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 | 0.1102 | |||
Jensen Alpha | 0.6494 | |||
Total Risk Alpha | (0.09) | |||
Sortino Ratio | 0.1287 | |||
Treynor Ratio | (1.60) |
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Volume Indicators |
Additional Tools for Green Stock Analysis
When running Green World's price analysis, check to measure Green World'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 Green World is operating at the current time. Most of Green World's value examination focuses on studying past and present price action to predict the probability of Green World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green World's price. Additionally, you may evaluate how the addition of Green World to your portfolios can decrease your overall portfolio volatility.