Sinopac ICE (Taiwan) Price on December 4, 2024
| 00836B Etf | TWD 30.13 0.13 0.43% |
If you're considering investing in Sinopac Etf, it is important to understand the factors that can impact its price. As of today, the current price of Sinopac ICE stands at 30.13, as last reported on the 28th of December, with the highest price reaching 30.14 and the lowest price hitting 30.07 during the day. Sinopac ICE 10 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the etf had a -0.13% return per unit of risk over the last 3 months. Sinopac ICE 10 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sinopac ICE's Risk Adjusted Performance of (0.12), coefficient of variation of (671.29), and Variance of 0.4944 to confirm the risk estimate we provide.
Sinopac Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Sinopac |
Sharpe Ratio = -0.1254
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 00836B |
Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.09 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 Sinopac ICE 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 Sinopac ICE by adding Sinopac ICE to a well-diversified portfolio.
Sinopac ICE Valuation on December 4, 2024
It is possible to determine the worth of Sinopac ICE on a given historical date. On December 4, 2024 Sinopac was worth 31.8 at the beginning of the trading date compared to the closed value of 31.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sinopac ICE etf. Still, in general, we apply an absolute valuation method to find Sinopac ICE'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 Sinopac ICE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sinopac ICE's related companies.
| Open | High | Low | Close | Volume | |
| 31.92 | 32.09 | 31.92 | 32.08 | 145,161 | |
12/04/2024 | 31.80 | 31.80 | 31.71 | 31.71 | 202,000 |
| 31.86 | 31.94 | 31.86 | 31.93 | 178,219 |
| Backtest Sinopac ICE | | | Sinopac ICE History | Previous | Next |
Sinopac ICE Trading Date Momentum on December 4, 2024
| On December 05 2024 Sinopac ICE 10 was traded for 31.93 at the closing time. The highest price during the trading period was 31.94 and the lowest recorded bid was listed for 31.86 . The volume for the day was 178.2 K. This history from December 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.69% . The trading price change to the current price is 1.96% . |
About Sinopac ICE Etf history
Sinopac ICE 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 Sinopac is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sinopac ICE 10 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 Sinopac ICE stock prices may prove useful in developing a viable investing in Sinopac ICE
Sinopac ICE Etf Technical Analysis
Sinopac ICE technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Sinopac ICE Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Sinopac ICE 10 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.
Sinopac ICE December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Sinopac ICE etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sinopac ICE shares will generate the highest return on investment. By undertsting and applying Sinopac ICE etf market strength indicators, traders can identify Sinopac ICE 10 entry and exit signals to maximize returns
Sinopac ICE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sinopac ICE's price direction in advance. Along with the technical and fundamental analysis of Sinopac Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sinopac 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 | (0.12) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.55) |
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Other Information on Investing in Sinopac Etf
Sinopac ICE financial ratios help investors to determine whether Sinopac Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sinopac with respect to the benefits of owning Sinopac ICE security.