Taiflex Scientific (Taiwan) Price on October 29, 2024
| 8039 Stock | TWD 46.85 0.55 1.16% |
If you're considering investing in Taiflex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taiflex Scientific stands at 46.85, as last reported on the 13th of December 2024, with the highest price reaching 48.15 and the lowest price hitting 46.75 during the day. Taiflex Scientific owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.26, which indicates the firm had a -0.26% return per unit of risk over the last 3 months. Taiflex Scientific Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taiflex Scientific's Risk Adjusted Performance of (0.13), variance of 4.94, and Coefficient Of Variation of (524.43) to confirm the risk estimate we provide.
Taiflex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taiflex |
Sharpe Ratio = -0.2603
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| Negative Returns | 8039 |
Estimated Market Risk
| 1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.51 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.26 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taiflex Scientific 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 Taiflex Scientific by adding Taiflex Scientific to a well-diversified portfolio.
Taiflex Scientific Valuation on October 29, 2024
It is possible to determine the worth of Taiflex Scientific on a given historical date. On October 29, 2024 Taiflex was worth 55.0 at the beginning of the trading date compared to the closed value of 54.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiflex Scientific stock. Still, in general, we apply an absolute valuation method to find Taiflex Scientific'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 Taiflex Scientific where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiflex Scientific's related companies.
| Open | High | Low | Close | Volume | |
| 56.30 | 56.30 | 54.40 | 54.90 | 2,307,734 | |
10/29/2024 | 55.00 | 55.40 | 53.20 | 54.30 | 2,226,362 |
| 55.00 | 55.00 | 53.20 | 53.20 | 1,606,463 |
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Taiflex Scientific Trading Date Momentum on October 29, 2024
| On October 30 2024 Taiflex Scientific Co was traded for 53.20 at the closing time. The highest price during the trading period was 55.00 and the lowest recorded bid was listed for 53.20 . The volume for the day was 1.6 M. This history from October 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.03% . The trading price change to the current price is 2.76% . |
Taiflex Scientific Fundamentals Correlations and Trends
By evaluating Taiflex Scientific'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 Taiflex Scientific's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taiflex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taiflex Scientific Stock history
Taiflex Scientific 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 Taiflex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taiflex Scientific 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 Taiflex Scientific stock prices may prove useful in developing a viable investing in Taiflex Scientific
Taiflex Scientific Co., Ltd. engages in the manufacture, wholesale, and retail of electronic materials and components in Taiwan. The company was founded in 1997 and is headquartered in Kaohsiung, Taiwan. TAIFLEX SCIENTIFIC is traded on Taiwan Stock Exchange in Taiwan.
Taiflex Scientific Stock Technical Analysis
Taiflex Scientific 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
Taiflex Scientific Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Taiflex Scientific Co 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.
Taiflex Scientific December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Taiflex Scientific stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taiflex Scientific shares will generate the highest return on investment. By undertsting and applying Taiflex Scientific stock market strength indicators, traders can identify Taiflex Scientific Co entry and exit signals to maximize returns
Taiflex Scientific Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taiflex Scientific's price direction in advance. Along with the technical and fundamental analysis of Taiflex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taiflex 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 | (0.13) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | (0.53) |
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Additional Tools for Taiflex Stock Analysis
When running Taiflex Scientific's price analysis, check to measure Taiflex Scientific'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 Taiflex Scientific is operating at the current time. Most of Taiflex Scientific's value examination focuses on studying past and present price action to predict the probability of Taiflex Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiflex Scientific's price. Additionally, you may evaluate how the addition of Taiflex Scientific to your portfolios can decrease your overall portfolio volatility.