Formosa Plastics (Taiwan) Price History
1301 Stock | TWD 43.95 0.15 0.34% |
If you're considering investing in Formosa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Formosa Plastics stands at 43.95, as last reported on the 22nd of November, with the highest price reaching 44.55 and the lowest price hitting 43.80 during the day. Formosa Plastics Corp secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. Formosa Plastics Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Formosa Plastics' Standard Deviation of 2.16, mean deviation of 1.51, and Variance of 4.65 to check the risk estimate we provide.
Formosa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Formosa |
Sharpe Ratio = -0.1146
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 1301 |
Estimated Market Risk
2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Formosa Plastics 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 Formosa Plastics by adding Formosa Plastics to a well-diversified portfolio.
Formosa Plastics Stock Price History Chart
There are several ways to analyze Formosa Stock price data. The simplest method is using a basic Formosa candlestick price chart, which shows Formosa Plastics price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | September 27, 2024 | 53.5 |
Lowest Price | November 14, 2024 | 43.3 |
Formosa Plastics November 22, 2024 Stock Price Synopsis
Various analyses of Formosa Plastics' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Formosa Stock. It can be used to describe the percentage change in the price of Formosa Plastics from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Formosa Stock.Formosa Plastics Price Daily Balance Of Power | (0.20) | |
Formosa Plastics Price Action Indicator | (0.30) | |
Formosa Plastics Accumulation Distribution | 222,191 | |
Formosa Plastics Price Rate Of Daily Change | 1.00 |
Formosa Plastics November 22, 2024 Stock Price Analysis
Formosa Stock Price History Data
The price series of Formosa Plastics for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 has a statistical range of 10.2 with a coefficient of variation of 5.66. The prices are distributed with arithmetic mean of 48.53. The median price for the last 90 days is 48.25. The company had 1:1 stock split on 17th of July 2013. Formosa Plastics Corp issued dividends on 2022-07-05.Open | High | Low | Close | Volume | ||
11/22/2024 | 44.40 | 44.55 | 43.80 | 43.95 | 13,198,174 | |
11/21/2024 | 45.00 | 45.00 | 44.05 | 44.10 | 15,584,860 | |
11/20/2024 | 45.60 | 45.60 | 45.10 | 45.30 | 9,777,994 | |
11/19/2024 | 47.30 | 47.35 | 45.40 | 45.75 | 20,389,698 | |
11/18/2024 | 45.50 | 47.20 | 45.30 | 47.00 | 33,289,420 | |
11/15/2024 | 43.35 | 45.35 | 43.35 | 44.35 | 15,446,284 | |
11/14/2024 | 44.60 | 44.70 | 43.20 | 43.30 | 21,252,015 | |
11/13/2024 | 44.85 | 45.20 | 44.40 | 44.80 | 13,903,626 | |
11/12/2024 | 45.90 | 46.15 | 45.00 | 45.00 | 17,532,516 | |
11/11/2024 | 46.70 | 47.20 | 45.85 | 46.50 | 13,437,684 | |
11/08/2024 | 48.90 | 49.25 | 47.60 | 47.70 | 12,708,580 | |
11/07/2024 | 47.60 | 49.45 | 47.55 | 48.75 | 19,355,567 | |
11/06/2024 | 46.95 | 47.75 | 46.80 | 47.20 | 8,736,190 | |
11/05/2024 | 46.65 | 47.30 | 46.45 | 47.20 | 7,914,102 | |
11/04/2024 | 47.10 | 47.30 | 46.55 | 46.80 | 5,892,350 | |
11/01/2024 | 46.75 | 47.25 | 46.15 | 47.10 | 13,156,526 | |
10/31/2024 | 47.30 | 47.30 | 47.30 | 47.30 | 1.00 | |
10/30/2024 | 47.95 | 47.95 | 47.25 | 47.30 | 8,622,783 | |
10/29/2024 | 48.45 | 48.65 | 47.15 | 47.70 | 11,925,839 | |
10/28/2024 | 47.00 | 48.90 | 46.70 | 48.55 | 17,256,985 | |
10/25/2024 | 46.30 | 47.00 | 46.30 | 46.85 | 7,709,814 | |
10/24/2024 | 46.30 | 46.85 | 45.80 | 46.20 | 11,840,198 | |
10/23/2024 | 46.75 | 47.15 | 46.20 | 46.20 | 9,722,186 | |
10/22/2024 | 47.50 | 47.50 | 46.40 | 46.70 | 13,778,755 | |
10/21/2024 | 48.60 | 48.65 | 47.30 | 47.30 | 11,450,119 | |
10/18/2024 | 48.75 | 49.05 | 48.10 | 48.20 | 8,549,140 | |
10/17/2024 | 48.00 | 49.20 | 47.95 | 48.40 | 9,235,307 | |
10/16/2024 | 48.00 | 48.45 | 47.60 | 47.95 | 19,422,199 | |
10/15/2024 | 50.20 | 50.20 | 48.35 | 48.35 | 16,936,274 | |
10/14/2024 | 49.60 | 50.40 | 48.45 | 50.00 | 13,104,096 | |
10/11/2024 | 49.95 | 50.40 | 49.45 | 49.60 | 7,780,392 | |
10/09/2024 | 51.10 | 51.20 | 49.40 | 49.55 | 12,600,019 | |
10/08/2024 | 51.70 | 52.10 | 50.60 | 50.80 | 13,107,477 | |
10/07/2024 | 53.10 | 53.40 | 51.30 | 52.20 | 16,644,582 | |
10/04/2024 | 53.00 | 55.10 | 52.80 | 53.00 | 21,253,376 | |
10/03/2024 | 53.00 | 53.00 | 53.00 | 53.00 | 1.00 | |
10/02/2024 | 53.00 | 53.00 | 53.00 | 53.00 | 1.00 | |
10/01/2024 | 53.50 | 53.70 | 52.70 | 53.00 | 13,542,548 | |
09/30/2024 | 53.20 | 54.70 | 52.20 | 53.50 | 36,901,435 | |
09/27/2024 | 50.40 | 53.70 | 50.20 | 53.50 | 32,946,603 | |
09/26/2024 | 51.00 | 51.10 | 50.00 | 50.10 | 10,219,335 | |
09/25/2024 | 49.25 | 50.60 | 49.00 | 50.60 | 24,438,100 | |
09/24/2024 | 48.70 | 48.70 | 47.90 | 48.50 | 10,506,514 | |
09/23/2024 | 49.10 | 49.45 | 48.50 | 48.75 | 8,673,852 | |
09/20/2024 | 48.70 | 49.50 | 48.40 | 48.75 | 15,544,407 | |
09/19/2024 | 48.20 | 48.75 | 47.35 | 48.55 | 16,086,186 | |
09/18/2024 | 48.30 | 49.70 | 47.90 | 48.25 | 19,571,961 | |
09/16/2024 | 47.20 | 49.25 | 46.50 | 48.25 | 26,329,336 | |
09/13/2024 | 45.05 | 47.40 | 44.90 | 46.95 | 19,907,486 | |
09/12/2024 | 45.30 | 45.40 | 44.40 | 45.00 | 13,142,873 | |
09/11/2024 | 44.20 | 45.00 | 44.15 | 44.40 | 11,657,827 | |
09/10/2024 | 45.00 | 45.10 | 44.15 | 44.20 | 16,729,993 | |
09/09/2024 | 45.10 | 45.20 | 44.65 | 45.00 | 17,643,810 | |
09/06/2024 | 46.20 | 46.75 | 45.60 | 46.25 | 15,198,919 | |
09/05/2024 | 47.25 | 47.60 | 46.20 | 46.20 | 17,267,046 | |
09/04/2024 | 48.35 | 48.35 | 47.00 | 47.00 | 28,886,355 | |
09/03/2024 | 50.50 | 50.60 | 49.80 | 49.80 | 14,827,550 | |
09/02/2024 | 51.90 | 51.90 | 50.50 | 50.50 | 11,343,430 | |
08/30/2024 | 51.60 | 52.20 | 51.40 | 51.60 | 10,995,174 | |
08/29/2024 | 51.50 | 51.90 | 51.30 | 51.50 | 4,669,857 | |
08/28/2024 | 51.70 | 51.90 | 51.40 | 51.70 | 7,355,505 |
About Formosa Plastics Stock history
Formosa Plastics 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 Formosa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Formosa Plastics Corp 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 Formosa Plastics stock prices may prove useful in developing a viable investing in Formosa Plastics
Formosa Plastics Corporation produces and sells intermediate raw materials for plastics in Taiwan, Mainland China, and internationally. The company was founded in 1954 and is headquartered in Kaohsiung City, Taiwan. FORMOSA PLASTIC operates under Rubber And Plastics classification in Taiwan and is traded on Taiwan Stock Exchange.
Formosa Plastics Stock Technical Analysis
Formosa Plastics 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.
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Formosa Plastics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Formosa Plastics' price direction in advance. Along with the technical and fundamental analysis of Formosa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Formosa 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 | (0.07) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.51) | |||
Treynor Ratio | (0.96) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Formosa Stock Analysis
When running Formosa Plastics' price analysis, check to measure Formosa Plastics' 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 Formosa Plastics is operating at the current time. Most of Formosa Plastics' value examination focuses on studying past and present price action to predict the probability of Formosa Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Plastics' price. Additionally, you may evaluate how the addition of Formosa Plastics to your portfolios can decrease your overall portfolio volatility.