Associated Industries (Taiwan) Price on October 29, 2024

9912 Stock  TWD 12.05  0.10  0.82%   
If you're considering investing in Associated Stock, it is important to understand the factors that can impact its price. As of today, the current price of Associated Industries stands at 12.05, as last reported on the 1st of December, with the highest price reaching 12.15 and the lowest price hitting 11.85 during the day. Associated Industries secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Associated Industries China exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Associated Industries' Risk Adjusted Performance of (0.07), standard deviation of 1.26, and Mean Deviation of 0.8236 to double-check the risk estimate we provide.
  
Associated Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1252

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Estimated Market Risk

 1.26
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Associated Industries 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 Associated Industries by adding Associated Industries to a well-diversified portfolio.

Associated Industries Valuation on October 29, 2024

It is possible to determine the worth of Associated Industries on a given historical date. On October 29, 2024 Associated was worth 13.0 at the beginning of the trading date compared to the closed value of 12.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Associated Industries stock. Still, in general, we apply an absolute valuation method to find Associated Industries' 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 Associated Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Associated Industries' related companies.
 Open High Low Close Volume
  13.05    13.10    12.75    12.75    123,146  
10/29/2024
  13.00    13.00    12.55    12.70    61,912  
  12.65    12.65    12.45    12.65    62,276  
Backtest Associated Industries  |  Associated Industries History  |  Associated Industries Valuation   PreviousNext  
Open Value
13.0
12.7
Closing Value
16.79
Upside

Associated Industries Trading Date Momentum on October 29, 2024

On October 30 2024 Associated Industries China was traded for  12.65  at the closing time. The highest price during the trading period was 12.65  and the lowest recorded bid was listed for  12.45 . The volume for the day was 62.3 K. This history from October 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.39% . The overall trading delta to the current price is 1.57% .

Associated Industries Fundamentals Correlations and Trends

By evaluating Associated Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Associated Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Associated financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Associated Industries Stock history

Associated Industries 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 Associated is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Associated Industries 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 Associated Industries stock prices may prove useful in developing a viable investing in Associated Industries

Associated Industries Stock Technical Analysis

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

Associated Industries Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Associated Industries China 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.

Associated Industries December 1, 2024 Market Strength

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

Associated Industries Technical and Predictive Indicators

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

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