Ton Yi (Taiwan) Price on August 21, 2024
9907 Stock | TWD 15.65 0.10 0.64% |
If you're considering investing in Ton Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ton Yi stands at 15.65, as last reported on the 1st of December, with the highest price reaching 15.65 and the lowest price hitting 15.35 during the day. Ton Yi Industrial owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0523, which indicates the firm had a -0.0523% return per unit of risk over the last 3 months. Ton Yi Industrial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ton Yi's Risk Adjusted Performance of (0.02), variance of 1.95, and Coefficient Of Variation of (2,950) to confirm the risk estimate we provide.
Ton Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ton |
Sharpe Ratio = -0.0523
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 9907 |
Estimated Market Risk
1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ton Yi 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 Ton Yi by adding Ton Yi to a well-diversified portfolio.
Ton Yi Valuation on August 21, 2024
It is possible to determine the worth of Ton Yi on a given historical date. On August 21, 2024 Ton was worth 15.7 at the beginning of the trading date compared to the closed value of 16.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ton Yi stock. Still, in general, we apply an absolute valuation method to find Ton Yi'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 Ton Yi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ton Yi's related companies.
Open | High | Low | Close | Volume | |
16.00 | 16.05 | 15.70 | 15.70 | 2,541,887 | |
08/21/2024 | 15.70 | 16.35 | 15.65 | 16.25 | 8,655,372 |
16.35 | 16.35 | 16.15 | 16.30 | 2,716,223 |
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Ton Yi Trading Date Momentum on August 21, 2024
On August 22 2024 Ton Yi Industrial was traded for 16.30 at the closing time. The highest price during the trading period was 16.35 and the lowest recorded bid was listed for 16.15 . The volume for the day was 2.7 M. This history from August 22, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.31% . The trading price change to the current price is 2.46% . |
Ton Yi Industrial Fundamentals Correlations and Trends
By evaluating Ton Yi'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 Ton Yi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ton financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ton Yi Stock history
Ton Yi 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 Ton is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ton Yi Industrial 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 Ton Yi stock prices may prove useful in developing a viable investing in Ton Yi
Ton Yi Industrial Corp. engages in the manufacturing, processing, and sale of various steel cans and tin plates in Taiwan, Mainland China, and internationally. Ton Yi Industrial Corp. is a subsidiary of Uni-President Enterprises Corp. TON YI operates under Packaging Containers classification in Taiwan and is traded on Taiwan Stock Exchange.
Ton Yi Stock Technical Analysis
Ton Yi 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
Ton Yi Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Ton Yi Industrial 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.
Ton Yi December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Ton Yi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ton Yi shares will generate the highest return on investment. By undertsting and applying Ton Yi stock market strength indicators, traders can identify Ton Yi Industrial entry and exit signals to maximize returns
Ton Yi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ton Yi's price direction in advance. Along with the technical and fundamental analysis of Ton Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ton 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 | (0.02) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | (0.40) |
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Volume Indicators |
Additional Tools for Ton Stock Analysis
When running Ton Yi's price analysis, check to measure Ton Yi'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 Ton Yi is operating at the current time. Most of Ton Yi's value examination focuses on studying past and present price action to predict the probability of Ton Yi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ton Yi's price. Additionally, you may evaluate how the addition of Ton Yi to your portfolios can decrease your overall portfolio volatility.