Tai Tung (Taiwan) Price on July 14, 2023
8011 Stock | TWD 26.50 0.20 0.76% |
If you're considering investing in Tai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tai Tung stands at 26.50, as last reported on the 30th of November, with the highest price reaching 26.65 and the lowest price hitting 25.90 during the day. Tai Tung Communication owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0299, which indicates the firm had a -0.0299% return per unit of risk over the last 3 months. Tai Tung Communication exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tai Tung's Variance of 7.84, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,366) to confirm the risk estimate we provide.
Tai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tai |
Sharpe Ratio = -0.0299
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Estimated Market Risk
2.79 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tai Tung 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 Tai Tung by adding Tai Tung to a well-diversified portfolio.
Tai Tung Valuation on July 14, 2023
It is possible to determine the worth of Tai Tung on a given historical date. On July 14, 2023 Tai was worth 18.75 at the beginning of the trading date compared to the closed value of 19.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tai Tung stock. Still, in general, we apply an absolute valuation method to find Tai Tung'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 Tai Tung where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tai Tung's related companies.
Open | High | Low | Close | Volume | |
18.85 | 19.00 | 18.65 | 18.70 | 1,247,108 | |
07/14/2023 | 18.75 | 19.00 | 18.50 | 19.00 | 2,151,587 |
19.45 | 19.95 | 19.35 | 19.80 | 6,148,801 |
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Tai Tung Trading Date Momentum on July 14, 2023
On July 17 2023 Tai Tung Communication was traded for 19.80 at the closing time. The highest price during the trading period was 19.95 and the lowest recorded bid was listed for 19.35 . The volume for the day was 6.1 M. This history from July 17, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 4.21% . The trading price change to the current price is 7.63% . |
Tai Tung Communication Fundamentals Correlations and Trends
By evaluating Tai Tung'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 Tai Tung's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tai Tung Stock history
Tai Tung 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 Tai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tai Tung Communication 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 Tai Tung stock prices may prove useful in developing a viable investing in Tai Tung
Tai Tung Communication Co., Ltd. manufactures and sells telecommunication cables in Taiwan. Tai Tung Communication Co., Ltd. was founded in 1981 and is headquartered in New Taipei City, Taiwan. TAITUNG COMMUNICATION operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 531 people.
Tai Tung Stock Technical Analysis
Tai Tung 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
Tai Tung Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Tai Tung Communication 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.
Tai Tung November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Tai Tung stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tai Tung shares will generate the highest return on investment. By undertsting and applying Tai Tung stock market strength indicators, traders can identify Tai Tung Communication entry and exit signals to maximize returns
Tai Tung Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tai Tung's price direction in advance. Along with the technical and fundamental analysis of Tai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tai 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 | (0.01) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | 0.5892 |
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Additional Tools for Tai Stock Analysis
When running Tai Tung's price analysis, check to measure Tai Tung'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 Tai Tung is operating at the current time. Most of Tai Tung's value examination focuses on studying past and present price action to predict the probability of Tai Tung's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tai Tung's price. Additionally, you may evaluate how the addition of Tai Tung to your portfolios can decrease your overall portfolio volatility.