Yieh United (Taiwan) Price on November 22, 2024
| 9957 Stock | TWD 6.40 0.02 0.31% |
If you're considering investing in Yieh Stock, it is important to understand the factors that can impact its price. As of today, the current price of Yieh United stands at 6.40, as last reported on the 28th of November, with the highest price reaching 6.45 and the lowest price hitting 6.30 during the day. At this stage we consider Yieh Stock to be not too volatile. Yieh United Steel shows Sharpe Ratio of 0.0026, which attests that the company had a 0.0026% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Yieh United Steel, which you can use to evaluate the volatility of the company. Please check out Yieh United's Downside Deviation of 1.21, market risk adjusted performance of 0.0424, and Mean Deviation of 0.8401 to validate if the risk estimate we provide is consistent with the expected return of 0.0035%.
Yieh Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Yieh |
Sharpe Ratio = 0.0026
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| Negative Returns | 9957 |
Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yieh United 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 Yieh United by adding Yieh United to a well-diversified portfolio.
Yieh United Valuation on November 22, 2024
It is possible to determine the worth of Yieh United on a given historical date. On November 22, 2024 Yieh was worth 6.35 at the beginning of the trading date compared to the closed value of 6.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yieh United stock. Still, in general, we apply an absolute valuation method to find Yieh United'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 Yieh United where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yieh United's related companies.
| Open | High | Low | Close | Volume | |
| 6.50 | 6.50 | 6.28 | 6.43 | 120,271 | |
11/22/2024 | 6.35 | 6.45 | 6.33 | 6.35 | 90,450 |
| 6.41 | 6.50 | 6.28 | 6.35 | 164,826 |
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Yieh United Trading Date Momentum on November 22, 2024
| On November 25 2024 Yieh United Steel was traded for 6.35 at the closing time. The highest price during the trading period was 6.50 and the lowest recorded bid was listed for 6.28 . The volume for the day was 164.8 K. This history from November 25, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 1.57% . |
Yieh United Steel Fundamentals Correlations and Trends
By evaluating Yieh United'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 Yieh United's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yieh financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yieh United Stock history
Yieh United 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 Yieh is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yieh United Steel 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 Yieh United stock prices may prove useful in developing a viable investing in Yieh United
Yieh United Steel Corp. produces and sells stainless steel products in Taiwan and internationally. The company was founded in 1988 and is based in Kaohsiung City, Taiwan. YIEH UNITED operates under Steel classification in Taiwan and is traded on Taiwan OTC Exchange.
Yieh United Stock Technical Analysis
Yieh United 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
Yieh United Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Yieh United Steel 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.
Yieh United November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Yieh United stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yieh United shares will generate the highest return on investment. By undertsting and applying Yieh United stock market strength indicators, traders can identify Yieh United Steel entry and exit signals to maximize returns
Yieh United Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yieh United's price direction in advance. Along with the technical and fundamental analysis of Yieh Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yieh 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 | 0.0061 | |||
| Jensen Alpha | 0.018 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.0324 |
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Additional Tools for Yieh Stock Analysis
When running Yieh United's price analysis, check to measure Yieh United'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 Yieh United is operating at the current time. Most of Yieh United's value examination focuses on studying past and present price action to predict the probability of Yieh United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yieh United's price. Additionally, you may evaluate how the addition of Yieh United to your portfolios can decrease your overall portfolio volatility.