Shin Tai (Taiwan) Price on August 23, 2024

1235 Stock  TWD 92.30  10.20  9.95%   
If you're considering investing in Shin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shin Tai stands at 92.30, as last reported on the 20th of December, with the highest price reaching 104.00 and the lowest price hitting 92.30 during the day. Shin Tai Industry owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of risk over the last 3 months. Shin Tai Industry exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shin Tai's Variance of 7.48, risk adjusted performance of (0.09), and Coefficient Of Variation of (792.55) to confirm the risk estimate we provide.
  
Shin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1942

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Estimated Market Risk

 2.99
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.58
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shin Tai 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 Shin Tai by adding Shin Tai to a well-diversified portfolio.

Shin Tai Valuation on August 23, 2024

It is possible to determine the worth of Shin Tai on a given historical date. On August 23, 2024 Shin was worth 112.88 at the beginning of the trading date compared to the closed value of 121.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shin Tai stock. Still, in general, we apply an absolute valuation method to find Shin Tai'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 Shin Tai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shin Tai's related companies.
 Open High Low Close Volume
  130.50    131.00    125.50    127.50    18,166  
08/23/2024
  112.88    122.36    112.88    121.41    22,057  
  119.99    125.68    119.99    125.68    21,050  
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Open Value
112.88
103.90
Downside
121.41
Closing Value
121.86
Upside

Shin Tai Trading Date Momentum on August 23, 2024

On August 26 2024 Shin Tai Industry was traded for  125.68  at the closing time. The highest price during the trading period was 125.68  and the lowest recorded bid was listed for  119.99 . The volume for the day was 21.1 K. This history from August 26, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 3.52% . The trading price change to the current price is 2.96% .

Shin Tai Industry Fundamentals Correlations and Trends

By evaluating Shin Tai'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 Shin Tai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shin financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shin Tai Stock history

Shin Tai 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 Shin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shin Tai Industry 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 Shin Tai stock prices may prove useful in developing a viable investing in Shin Tai
Shin Tai Industry Co., Ltd. provides various animal feeds in Taiwan. Shin Tai Industry Co., Ltd was founded in 1972 and is based in Kaohsiung, Taiwan. SHIN TAI is traded on Taiwan Stock Exchange in Taiwan.

Shin Tai Stock Technical Analysis

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

Price Boundaries

Shin Tai Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shin Tai Industry 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.

Shin Tai December 20, 2024 Market Strength

Market strength indicators help investors to evaluate how Shin Tai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shin Tai shares will generate the highest return on investment. By undertsting and applying Shin Tai stock market strength indicators, traders can identify Shin Tai Industry entry and exit signals to maximize returns

Shin Tai Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shin Tai's price direction in advance. Along with the technical and fundamental analysis of Shin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shin 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 Shin Stock Analysis

When running Shin Tai's price analysis, check to measure Shin Tai'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 Shin Tai is operating at the current time. Most of Shin Tai's value examination focuses on studying past and present price action to predict the probability of Shin Tai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Tai's price. Additionally, you may evaluate how the addition of Shin Tai to your portfolios can decrease your overall portfolio volatility.