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.

Sharpe Ratio = 0.0107

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Negative Returns2105

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 PriceNovember 18, 202453.9
Lowest PriceNovember 13, 202445.35

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

When benchmark price declines in a down market, there may be an uptick in Cheng Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Cheng Shin intraday prices and daily technical indicators to check the level of noise trading in Cheng Stock and then apply it to test your longer-term investment strategies against Cheng.

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.
OpenHighLowCloseVolume
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.
A focus of Cheng Shin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cheng Shin 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...

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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.

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.