Cathay Consolidated (Taiwan) Price on December 14, 2024
| 1342 Stock | TWD 108.00 2.50 2.37% |
If you're considering investing in Cathay Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cathay Consolidated stands at 108.00, as last reported on the 15th of December 2024, with the highest price reaching 108.00 and the lowest price hitting 104.00 during the day. At this stage we consider Cathay Stock to be very steady. Cathay Consolidated secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Cathay Consolidated, which you can use to evaluate the volatility of the firm. Please confirm Cathay Consolidated's Downside Deviation of 1.28, risk adjusted performance of 0.1161, and Mean Deviation of 1.23 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
Cathay Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cathay |
Sharpe Ratio = 0.1064
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Estimated Market Risk
| 1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Cathay Consolidated is performing at about 8% 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 Cathay Consolidated by adding it to a well-diversified portfolio.
Cathay Consolidated Valuation on December 14, 2024
It is possible to determine the worth of Cathay Consolidated on a given historical date. On December 14, 2024 Cathay was worth 106.0 at the beginning of the trading date compared to the closed value of 108.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cathay Consolidated stock. Still, in general, we apply an absolute valuation method to find Cathay Consolidated'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 Cathay Consolidated where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cathay Consolidated's related companies.
| Open | High | Low | Close | Volume | |
| 107.00 | 107.50 | 105.50 | 105.50 | 193,124 | |
12/13/2024 | 106.00 | 108.00 | 104.00 | 108.00 | 398,148 |
| 106.00 | 108.00 | 104.00 | 108.00 | 0.00 |
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Cathay Consolidated Trading Date Momentum on December 14, 2024
| On December 15 2024 Cathay Consolidated was traded for 108.00 at the closing time. The highest price during the trading period was 108.00 and the lowest recorded bid was listed for 104.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 did not affect price variability. The overall trading delta to the current price is 1.85% . |
Cathay Consolidated Fundamentals Correlations and Trends
By evaluating Cathay Consolidated'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 Cathay Consolidated's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cathay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cathay Consolidated Stock history
Cathay Consolidated 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 Cathay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cathay Consolidated 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 Cathay Consolidated stock prices may prove useful in developing a viable investing in Cathay Consolidated
Cathay Consolidated, Inc. operates as a contract manufacturer of technical fabrics and finished goods. Cathay Consolidated, Inc. was founded in 1982 and is based in Yilan, Taiwan. CATHAY CONSOLIDATED operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 283 people.
Cathay Consolidated Stock Technical Analysis
Cathay Consolidated 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
Cathay Consolidated Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Cathay Consolidated 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.
Cathay Consolidated December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Cathay Consolidated stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cathay Consolidated shares will generate the highest return on investment. By undertsting and applying Cathay Consolidated stock market strength indicators, traders can identify Cathay Consolidated entry and exit signals to maximize returns
Cathay Consolidated Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cathay Consolidated's price direction in advance. Along with the technical and fundamental analysis of Cathay Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cathay 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 | 0.1161 | |||
| Jensen Alpha | 0.2754 | |||
| Total Risk Alpha | 0.0387 | |||
| Sortino Ratio | 0.1301 | |||
| Treynor Ratio | (1.22) |
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Additional Tools for Cathay Stock Analysis
When running Cathay Consolidated's price analysis, check to measure Cathay Consolidated'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 Cathay Consolidated is operating at the current time. Most of Cathay Consolidated's value examination focuses on studying past and present price action to predict the probability of Cathay Consolidated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay Consolidated's price. Additionally, you may evaluate how the addition of Cathay Consolidated to your portfolios can decrease your overall portfolio volatility.