Cheng Shin (Taiwan) Price History
2105 Stock | TWD 50.30 0.10 0.20% |
If you're considering investing in Cheng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cheng Shin stands at 50.30, as last reported on the 27th of November, with the highest price reaching 51.40 and the lowest price hitting 49.75 during the day. At this stage we consider Cheng Stock to be very steady. Cheng Shin Rubber secures Sharpe Ratio (or Efficiency) of 0.0107, which signifies that the company had a 0.0107% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Cheng Shin Rubber, which you can use to evaluate the volatility of the firm. Please confirm Cheng Shin's risk adjusted performance of 0.0246, and Mean Deviation of 1.35 to double-check if the risk estimate we provide is consistent with the expected return of 0.0239%.
Cheng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cheng |
Sharpe Ratio = 0.0107
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 2105 |
Estimated Market Risk
2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
0.02 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 Cheng Shin 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 Cheng Shin by adding Cheng Shin to a well-diversified portfolio.
Cheng Shin Stock Price History Chart
There are several ways to analyze Cheng Stock price data. The simplest method is using a basic Cheng candlestick price chart, which shows Cheng Shin 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 | November 18, 2024 | 53.9 |
Lowest Price | November 13, 2024 | 45.35 |
Cheng Shin November 27, 2024 Stock Price Synopsis
Various analyses of Cheng Shin's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Cheng Stock. It can be used to describe the percentage change in the price of Cheng Shin from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Cheng Stock.Cheng Shin Price Daily Balance Of Power | 0.06 | |
Cheng Shin Price Rate Of Daily Change | 1.00 | |
Cheng Shin Price Action Indicator | (0.23) | |
Cheng Shin Accumulation Distribution | 312,004 |
Cheng Shin November 27, 2024 Stock Price Analysis
Cheng Stock Price History Data
The price series of Cheng Shin for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 has a statistical range of 8.55 with a coefficient of variation of 4.2. The prices are distributed with arithmetic mean of 48.93. The median price for the last 90 days is 49.1. The company had 1:1 stock split on 2nd of August 2013. Cheng Shin Rubber issued dividends on 2022-07-25.Open | High | Low | Close | Volume | ||
11/26/2024 | 50.30 | 51.40 | 49.75 | 50.30 | 9,719,411 | |
11/25/2024 | 52.40 | 52.80 | 50.20 | 50.20 | 17,448,805 | |
11/22/2024 | 51.90 | 52.80 | 50.90 | 51.40 | 14,844,730 | |
11/21/2024 | 51.80 | 53.60 | 51.20 | 51.20 | 17,414,810 | |
11/20/2024 | 53.80 | 53.80 | 51.50 | 52.00 | 20,419,243 | |
11/19/2024 | 53.60 | 55.00 | 52.80 | 53.90 | 44,683,464 | |
11/18/2024 | 50.20 | 54.60 | 50.00 | 53.90 | 66,698,780 | |
11/15/2024 | 46.30 | 49.85 | 46.25 | 49.85 | 21,165,715 | |
11/14/2024 | 45.30 | 46.35 | 45.20 | 45.35 | 7,340,120 | |
11/13/2024 | 46.05 | 47.90 | 45.30 | 45.35 | 12,816,196 | |
11/12/2024 | 45.85 | 47.25 | 45.80 | 46.40 | 7,021,419 | |
11/11/2024 | 46.55 | 46.75 | 46.00 | 46.25 | 2,916,669 | |
11/08/2024 | 47.20 | 47.25 | 46.10 | 46.20 | 3,134,866 | |
11/07/2024 | 46.15 | 47.25 | 46.15 | 46.75 | 2,362,808 | |
11/06/2024 | 47.05 | 47.50 | 46.50 | 46.50 | 3,337,620 | |
11/05/2024 | 46.35 | 47.65 | 46.35 | 47.45 | 3,940,473 | |
11/04/2024 | 46.35 | 46.70 | 46.15 | 46.35 | 3,182,931 | |
11/01/2024 | 46.35 | 46.75 | 45.85 | 46.35 | 6,651,460 | |
10/31/2024 | 46.35 | 46.35 | 46.35 | 46.35 | 1.00 | |
10/30/2024 | 46.45 | 46.75 | 46.15 | 46.35 | 3,105,806 | |
10/29/2024 | 46.45 | 46.65 | 46.00 | 46.05 | 5,373,697 | |
10/28/2024 | 47.00 | 47.15 | 46.40 | 46.40 | 5,259,567 | |
10/25/2024 | 46.45 | 46.85 | 46.25 | 46.75 | 2,893,545 | |
10/24/2024 | 46.20 | 46.45 | 45.80 | 46.20 | 6,122,270 | |
10/23/2024 | 47.45 | 47.45 | 46.35 | 46.40 | 6,652,447 | |
10/22/2024 | 47.75 | 47.95 | 47.25 | 47.50 | 3,173,406 | |
10/21/2024 | 48.30 | 48.35 | 47.60 | 47.70 | 3,112,831 | |
10/18/2024 | 48.30 | 48.30 | 47.55 | 47.85 | 4,717,244 | |
10/17/2024 | 47.70 | 48.35 | 47.45 | 48.05 | 4,813,368 | |
10/16/2024 | 47.85 | 48.35 | 47.45 | 47.70 | 7,596,570 | |
10/15/2024 | 49.25 | 49.50 | 48.10 | 48.10 | 5,551,236 | |
10/14/2024 | 49.10 | 49.85 | 48.80 | 49.20 | 5,365,475 | |
10/11/2024 | 49.45 | 49.60 | 48.55 | 48.75 | 7,083,623 | |
10/09/2024 | 51.70 | 51.70 | 49.75 | 49.75 | 6,556,801 | |
10/08/2024 | 52.40 | 53.60 | 51.10 | 51.20 | 10,690,110 | |
10/07/2024 | 52.50 | 53.80 | 51.60 | 53.00 | 11,269,361 | |
10/04/2024 | 51.30 | 53.40 | 50.10 | 52.50 | 12,567,806 | |
10/03/2024 | 51.50 | 51.50 | 51.50 | 51.50 | 1.00 | |
10/02/2024 | 51.50 | 51.50 | 51.50 | 51.50 | 1.00 | |
10/01/2024 | 51.80 | 51.90 | 51.00 | 51.50 | 6,474,183 | |
09/30/2024 | 49.65 | 52.80 | 49.45 | 51.80 | 12,739,989 | |
09/27/2024 | 49.95 | 50.00 | 49.35 | 49.35 | 4,561,455 | |
09/26/2024 | 49.75 | 49.80 | 49.30 | 49.40 | 5,212,630 | |
09/25/2024 | 49.40 | 49.80 | 49.00 | 49.45 | 6,792,879 | |
09/24/2024 | 48.70 | 49.00 | 48.35 | 48.85 | 4,672,988 | |
09/23/2024 | 49.95 | 50.00 | 48.60 | 48.60 | 6,083,655 | |
09/20/2024 | 49.40 | 50.10 | 49.30 | 49.75 | 6,496,655 | |
09/19/2024 | 49.30 | 49.40 | 48.45 | 49.15 | 3,822,514 | |
09/18/2024 | 49.15 | 49.90 | 48.85 | 49.10 | 5,514,943 | |
09/16/2024 | 49.00 | 49.50 | 48.75 | 48.75 | 3,679,026 | |
09/13/2024 | 48.35 | 49.40 | 48.35 | 49.10 | 3,745,325 | |
09/12/2024 | 48.35 | 48.90 | 47.35 | 48.75 | 5,720,869 | |
09/11/2024 | 49.00 | 49.00 | 48.20 | 48.20 | 4,482,362 | |
09/10/2024 | 49.70 | 49.95 | 48.70 | 48.70 | 5,321,480 | |
09/09/2024 | 49.00 | 49.80 | 48.65 | 49.15 | 4,905,825 | |
09/06/2024 | 49.10 | 50.20 | 48.65 | 50.10 | 3,762,261 | |
09/05/2024 | 49.00 | 49.50 | 48.85 | 48.85 | 3,560,158 | |
09/04/2024 | 48.30 | 49.55 | 48.30 | 48.45 | 6,291,304 | |
09/03/2024 | 50.00 | 50.40 | 49.85 | 49.85 | 2,054,351 | |
09/02/2024 | 49.95 | 50.50 | 49.80 | 50.00 | 1,504,743 | |
08/30/2024 | 50.50 | 50.50 | 49.65 | 49.65 | 5,820,772 |
About Cheng Shin Stock history
Cheng Shin 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 Cheng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cheng Shin Rubber 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 Cheng Shin stock prices may prove useful in developing a viable investing in Cheng Shin
Co., Ltd., together with subsidiaries, processes, manufactures, and trades in bicycle tires, electrical vehicle tires, reclaimed rubbers, various rubbers and resins, and other rubber products. Co., Ltd. was founded in 1967 and is headquartered in Changhua, Taiwan. CHENG SHIN operates under Rubber Plastics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 30909 people.
Cheng Shin Stock Technical Analysis
Cheng Shin 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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Cheng Shin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cheng Shin's price direction in advance. Along with the technical and fundamental analysis of Cheng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cheng 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 | 0.0246 | |||
Jensen Alpha | 0.1014 | |||
Total Risk Alpha | (0.30) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | (0.08) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Cheng Stock Analysis
When running Cheng Shin's price analysis, check to measure Cheng Shin'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 Cheng Shin is operating at the current time. Most of Cheng Shin's value examination focuses on studying past and present price action to predict the probability of Cheng Shin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Shin's price. Additionally, you may evaluate how the addition of Cheng Shin to your portfolios can decrease your overall portfolio volatility.