Hsing Ta (Taiwan) Price on November 25, 2024
| 1109 Stock | TWD 18.45 0.05 0.27% |
If you're considering investing in Hsing Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hsing Ta stands at 18.45, as last reported on the 12th of December 2024, with the highest price reaching 18.50 and the lowest price hitting 18.35 during the day. At this stage we consider Hsing Stock to be very steady. Hsing Ta Cement holds Efficiency (Sharpe) Ratio of 0.0026, which attests that the entity had a 0.0026% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hsing Ta Cement, which you can use to evaluate the volatility of the firm. Please check out Hsing Ta's Downside Deviation of 0.6029, risk adjusted performance of 0.0414, and Market Risk Adjusted Performance of (0.32) to validate if the risk estimate we provide is consistent with the expected return of 0.0013%.
Hsing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hsing |
Sharpe Ratio = 0.0026
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1109 |
Estimated Market Risk
| 0.52 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hsing Ta 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 Hsing Ta by adding Hsing Ta to a well-diversified portfolio.
Hsing Ta Valuation on November 25, 2024
It is possible to determine the worth of Hsing Ta on a given historical date. On November 25, 2024 Hsing was worth 18.45 at the beginning of the trading date compared to the closed value of 18.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hsing Ta stock. Still, in general, we apply an absolute valuation method to find Hsing Ta'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 Hsing Ta where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hsing Ta's related companies.
| Open | High | Low | Close | Volume | |
| 18.30 | 18.45 | 18.30 | 18.45 | 103,845 | |
11/25/2024 | 18.45 | 18.45 | 18.35 | 18.35 | 67,499 |
| 18.35 | 18.45 | 18.35 | 18.35 | 97,055 |
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Hsing Ta Trading Date Momentum on November 25, 2024
| On November 26 2024 Hsing Ta Cement was traded for 18.35 at the closing time. The highest price during the trading period was 18.45 and the lowest recorded bid was listed for 18.35 . The volume for the day was 97.1 K. This history from November 26, 2024 did not cause price change. The trading delta at closing time to the current price is 0.82% . |
Hsing Ta Cement Fundamentals Correlations and Trends
By evaluating Hsing Ta's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hsing Ta's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hsing financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hsing Ta Stock history
Hsing Ta 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 Hsing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hsing Ta Cement 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 Hsing Ta stock prices may prove useful in developing a viable investing in Hsing Ta
Hsing Ta Cement Company Limited primarily produces and markets cement and clinker in Taiwan. It offers Portland, low-alkali, hydraulic, and dry mix cements. HSING TA is traded on Taiwan Stock Exchange in Taiwan.
Hsing Ta Stock Technical Analysis
Hsing Ta 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.
Price Boundaries
Hsing Ta Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Hsing Ta Cement cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock 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.
Hsing Ta December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Hsing Ta stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hsing Ta shares will generate the highest return on investment. By undertsting and applying Hsing Ta stock market strength indicators, traders can identify Hsing Ta Cement entry and exit signals to maximize returns
Hsing Ta Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hsing Ta's price direction in advance. Along with the technical and fundamental analysis of Hsing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hsing 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 | 0.0414 | |||
| Jensen Alpha | 0.0334 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | (0.33) |
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Additional Tools for Hsing Stock Analysis
When running Hsing Ta's price analysis, check to measure Hsing Ta'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 Hsing Ta is operating at the current time. Most of Hsing Ta's value examination focuses on studying past and present price action to predict the probability of Hsing Ta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hsing Ta's price. Additionally, you may evaluate how the addition of Hsing Ta to your portfolios can decrease your overall portfolio volatility.