Zimmite Taiwan (Taiwan) Price on September 12, 2023

8435 Stock  TWD 72.00  0.40  0.55%   
If you're considering investing in Zimmite Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zimmite Taiwan stands at 72.00, as last reported on the 1st of December, with the highest price reaching 72.10 and the lowest price hitting 72.00 during the day. Zimmite Taiwan shows Sharpe Ratio of -0.0122, which attests that the company had a -0.0122% return per unit of risk over the last 3 months. Zimmite Taiwan exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zimmite Taiwan's Mean Deviation of 0.5411, market risk adjusted performance of (0.03), and Downside Deviation of 0.8898 to validate the risk estimate we provide.
  
Zimmite Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0122

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Estimated Market Risk

 0.8
  actual daily
7
93% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Zimmite Taiwan 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 Zimmite Taiwan by adding Zimmite Taiwan to a well-diversified portfolio.

Zimmite Taiwan Valuation on September 12, 2023

It is possible to determine the worth of Zimmite Taiwan on a given historical date. On September 12, 2023 Zimmite was worth 57.53 at the beginning of the trading date compared to the closed value of 57.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zimmite Taiwan stock. Still, in general, we apply an absolute valuation method to find Zimmite Taiwan'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 Zimmite Taiwan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zimmite Taiwan's related companies.
 Open High Low Close Volume
  57.44    57.63    57.44    57.44    60,000  
09/12/2023
  57.53    57.72    57.53    57.72    89,000  
  57.63    57.82    57.53    57.53    112,000  
Backtest Zimmite Taiwan  |  Zimmite Taiwan History  |  Zimmite Taiwan Valuation   PreviousNext  
Open Value
57.53
57.72
Closing Value
59.93
Upside

Zimmite Taiwan Trading Date Momentum on September 12, 2023

On September 13 2023 Zimmite Taiwan was traded for  57.53  at the closing time. The highest price during the trading period was 57.82  and the lowest recorded bid was listed for  57.53 . The volume for the day was 112 K. This history from September 13, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.33% . The trading date delta to the current price is 0.33% .

Zimmite Taiwan Fundamentals Correlations and Trends

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

About Zimmite Taiwan Stock history

Zimmite Taiwan 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 Zimmite is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zimmite Taiwan 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 Zimmite Taiwan stock prices may prove useful in developing a viable investing in Zimmite Taiwan
Zimmite Taiwan Ltd. engages in the industrial water treatment activities in Taiwan and China. Zimmite Taiwan Ltd. was founded in 1977 and is headquartered in New Taipei City, Taiwan. ZIMMITE TAIWAN is traded on Taiwan OTC Exchange in Taiwan.

Zimmite Taiwan Stock Technical Analysis

Zimmite Taiwan 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 Zimmite Taiwan technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zimmite Taiwan 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

Zimmite Taiwan Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Zimmite Taiwan 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.

Zimmite Taiwan December 1, 2024 Market Strength

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

Zimmite Taiwan Technical and Predictive Indicators

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

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