ECOVE Environment (Taiwan) Price on March 15, 2024
| 6803 Stock | TWD 279.50 2.00 0.71% |
If you're considering investing in ECOVE Stock, it is important to understand the factors that can impact its price. As of today, the current price of ECOVE Environment stands at 279.50, as last reported on the 27th of November, with the highest price reaching 281.00 and the lowest price hitting 278.50 during the day. ECOVE Environment Corp secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. ECOVE Environment Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ECOVE Environment's Mean Deviation of 0.3906, coefficient of variation of (895.45), and Standard Deviation of 0.5307 to check the risk estimate we provide.
ECOVE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ECOVE |
Sharpe Ratio = -0.1412
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| Negative Returns | 6803 |
Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ECOVE Environment 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 ECOVE Environment by adding ECOVE Environment to a well-diversified portfolio.
ECOVE Environment Valuation on March 15, 2024
It is possible to determine the worth of ECOVE Environment on a given historical date. On March 15, 2024 ECOVE was worth 295.22 at the beginning of the trading date compared to the closed value of 293.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ECOVE Environment stock. Still, in general, we apply an absolute valuation method to find ECOVE Environment'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 ECOVE Environment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ECOVE Environment's related companies.
| Open | High | Low | Close | Volume | |
| 294.74 | 298.56 | 294.27 | 295.22 | 86,000 | |
03/15/2024 | 295.22 | 295.22 | 292.36 | 293.79 | 28,000 |
| 293.79 | 293.79 | 293.79 | 293.79 | 1.00 |
| Backtest ECOVE Environment | | | ECOVE Environment History | | | ECOVE Environment Valuation | Previous | Next |
ECOVE Environment Trading Date Momentum on March 15, 2024
| On March 18 2024 ECOVE Environment Corp was traded for 293.79 at the closing time. The highest price during the trading period was 293.79 and the lowest recorded bid was listed for 293.79 . There was no trading activity during the period 1.0. Lack of trading volume on March 18, 2024 did not affect price variability. The overall trading delta to the current price is 0.81% . |
ECOVE Environment Corp Fundamentals Correlations and Trends
By evaluating ECOVE Environment'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 ECOVE Environment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ECOVE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ECOVE Environment Stock history
ECOVE Environment 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 ECOVE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ECOVE Environment Corp 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 ECOVE Environment stock prices may prove useful in developing a viable investing in ECOVE Environment
ECOVE Environment Corp. provides resources management services to public and private entities in China, Southeast Asia, India, and the United States of America. ECOVE Environment Corporation is a subsidiary of CTCI Corporation. ECOVE ENVIRONMENT operates under Waste Management classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 988 people.
ECOVE Environment Stock Technical Analysis
ECOVE Environment 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
ECOVE Environment Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
ECOVE Environment Corp 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.
ECOVE Environment November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how ECOVE Environment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ECOVE Environment shares will generate the highest return on investment. By undertsting and applying ECOVE Environment stock market strength indicators, traders can identify ECOVE Environment Corp entry and exit signals to maximize returns
ECOVE Environment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ECOVE Environment's price direction in advance. Along with the technical and fundamental analysis of ECOVE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ECOVE 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 | (0.09) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (4.33) |
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Additional Tools for ECOVE Stock Analysis
When running ECOVE Environment's price analysis, check to measure ECOVE Environment'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 ECOVE Environment is operating at the current time. Most of ECOVE Environment's value examination focuses on studying past and present price action to predict the probability of ECOVE Environment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECOVE Environment's price. Additionally, you may evaluate how the addition of ECOVE Environment to your portfolios can decrease your overall portfolio volatility.