Sinopac Securities (Taiwan) Price on November 20, 2024
| 00887 Etf | TWD 8.93 0.07 0.79% |
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 Securities stands at 8.93, as last reported on the 28th of December, with the highest price reaching 8.97 and the lowest price hitting 8.88 during the day. Sinopac Securities appears to be very risky, given 3 months investment horizon. Sinopac Securities Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0503, which indicates the etf had a 0.0503% return per unit of risk over the last 3 months. By inspecting Sinopac Securities' technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please review Sinopac Securities' Coefficient Of Variation of 1486.55, risk adjusted performance of 0.0632, and Semi Deviation of 10.83 to confirm if our risk estimates are consistent with your expectations.
Sinopac Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Sinopac |
Sharpe Ratio = 0.0503
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 00887 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 18.34 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.92 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Sinopac Securities is performing at about 3% of its full potential. 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 Securities by adding it to a well-diversified portfolio.
Sinopac Securities Valuation on November 20, 2024
It is possible to determine the worth of Sinopac Securities on a given historical date. On November 20, 2024 Sinopac was worth 8.61 at the beginning of the trading date compared to the closed value of 8.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sinopac Securities etf. Still, in general, we apply an absolute valuation method to find Sinopac Securities' 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 Securities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sinopac Securities' related companies.
| Open | High | Low | Close | Volume | |
| 8.72 | 8.76 | 8.60 | 8.61 | 24,180,176 | |
11/20/2024 | 8.61 | 8.61 | 8.61 | 8.61 | 17,475,728 |
| 8.90 | 8.98 | 8.87 | 8.98 | 9,613,376 |
| Backtest Sinopac Securities | | | Sinopac Securities History | Previous | Next |
Sinopac Securities Trading Date Momentum on November 20, 2024
| On November 21 2024 Sinopac Securities Corp was traded for 8.98 at the closing time. The highest price during the trading period was 8.98 and the lowest recorded bid was listed for 8.87 . The volume for the day was 9.6 M. This history from November 21, 2024 contributed to the next trading day price appreciation. The daily price change to the next closing price was 4.30% . The trading price change to the current price is 3.14% . |
About Sinopac Securities Etf history
Sinopac Securities 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 Securities 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 Sinopac Securities stock prices may prove useful in developing a viable investing in Sinopac Securities
Sinopac Securities Etf Technical Analysis
Sinopac Securities 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 Securities Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Sinopac Securities Corp 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 Securities December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Sinopac Securities 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 Securities shares will generate the highest return on investment. By undertsting and applying Sinopac Securities etf market strength indicators, traders can identify Sinopac Securities Corp entry and exit signals to maximize returns
Sinopac Securities Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sinopac Securities' 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 | 0.0632 | |||
| Jensen Alpha | 1.26 | |||
| Total Risk Alpha | 0.7053 | |||
| Sortino Ratio | 0.0906 | |||
| Treynor Ratio | (0.60) |
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Other Information on Investing in Sinopac Etf
Sinopac Securities 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 Securities security.