Sunny Friend (Taiwan) Price on November 30, 2023

8341 Stock  TWD 90.10  1.20  1.31%   
If you're considering investing in Sunny Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sunny Friend stands at 90.10, as last reported on the 30th of November, with the highest price reaching 90.60 and the lowest price hitting 90.00 during the day. Sunny Friend Environ owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0211, which indicates the firm had a -0.0211% return per unit of risk over the last 3 months. Sunny Friend Environmental exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sunny Friend's Variance of 3.73, coefficient of variation of (3,200), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
  
Sunny Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0211

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Negative Returns8341

Estimated Market Risk

 1.97
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sunny Friend 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 Sunny Friend by adding Sunny Friend to a well-diversified portfolio.

Sunny Friend Valuation on November 30, 2023

It is possible to determine the worth of Sunny Friend on a given historical date. On November 30, 2023 Sunny was worth 116.5 at the beginning of the trading date compared to the closed value of 120.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sunny Friend stock. Still, in general, we apply an absolute valuation method to find Sunny Friend'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 Sunny Friend where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sunny Friend's related companies.
 Open High Low Close Volume
  118.00    118.00    116.50    116.50    91,228  
11/30/2023
  116.50    120.00    116.00    120.00    258,534  
  120.50    120.50    118.50    118.50    118,547  
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Open Value
116.5
110.59
Downside
120.0
Closing Value
122.41
Upside

Sunny Friend Trading Date Momentum on November 30, 2023

On December 01 2023 Sunny Friend Environmental was traded for  118.50  at the closing time. The highest price during the trading period was 120.50  and the lowest recorded bid was listed for  118.50 . The volume for the day was 118.5 K. This history from December 1, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.25% . The trading price change to the current price is 2.92% .

Sunny Friend Environ Fundamentals Correlations and Trends

By evaluating Sunny Friend'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 Sunny Friend's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sunny financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sunny Friend Stock history

Sunny Friend 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 Sunny is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sunny Friend Environ 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 Sunny Friend stock prices may prove useful in developing a viable investing in Sunny Friend
Sunny Friend Environmental Technology Co., Ltd. engages in the collection, incineration, solidification, physicochemical, and landfill of hazardous and bio-medical waste in Taiwan and internationally. Sunny Friend Environmental Technology Co., Ltd. was founded in 1994 and is headquartered in Yunlin County, Taiwan. SUNNY FRIEND operates under Waste Management classification in Taiwan and is traded on Taiwan Stock Exchange.

Sunny Friend Stock Technical Analysis

Sunny Friend 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.
A focus of Sunny Friend technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sunny Friend trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sunny Friend Period Price Range

Low
November 30, 2024
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High

 0.00 

     

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Sunny Friend Environmental 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.

Sunny Friend November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Sunny Friend stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sunny Friend shares will generate the highest return on investment. By undertsting and applying Sunny Friend stock market strength indicators, traders can identify Sunny Friend Environmental entry and exit signals to maximize returns

Sunny Friend Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sunny Friend's price direction in advance. Along with the technical and fundamental analysis of Sunny Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sunny 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.

Additional Tools for Sunny Stock Analysis

When running Sunny Friend's price analysis, check to measure Sunny Friend'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 Sunny Friend is operating at the current time. Most of Sunny Friend's value examination focuses on studying past and present price action to predict the probability of Sunny Friend's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunny Friend's price. Additionally, you may evaluate how the addition of Sunny Friend to your portfolios can decrease your overall portfolio volatility.