Tong Hwa (Taiwan) Price on November 25, 2024

1418 Stock  TWD 28.30  0.15  0.53%   
If you're considering investing in Tong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tong Hwa stands at 28.30, as last reported on the 1st of January, with the highest price reaching 28.70 and the lowest price hitting 28.00 during the day. Tong Hwa Synthetic owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Tong Hwa Synthetic Fiber exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tong Hwa's Risk Adjusted Performance of (0.08), variance of 3.84, and Coefficient Of Variation of (979.00) to confirm the risk estimate we provide.
  
Tong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1187

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Estimated Market Risk

 1.99
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tong Hwa 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 Tong Hwa by adding Tong Hwa to a well-diversified portfolio.

Tong Hwa Valuation on November 25, 2024

It is possible to determine the worth of Tong Hwa on a given historical date. On November 25, 2024 Tong was worth 28.65 at the beginning of the trading date compared to the closed value of 28.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tong Hwa stock. Still, in general, we apply an absolute valuation method to find Tong Hwa'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 Tong Hwa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tong Hwa's related companies.
 Open High Low Close Volume
  28.65    28.65    28.50    28.60    11,053  
11/25/2024
  28.65    28.80    28.60    28.80    11,104  
  28.00    28.80    28.00    28.80    2,313  
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Open Value
28.65
28.8
Closing Value
34.62
Upside

Tong Hwa Trading Date Momentum on November 25, 2024

On November 26 2024 Tong Hwa Synthetic Fiber was traded for  28.80  at the closing time. The highest price during the trading period was 28.80  and the lowest recorded bid was listed for  28.00 . The volume for the day was 2.3 K. This history from November 26, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.52% .

Tong Hwa Synthetic Fundamentals Correlations and Trends

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

About Tong Hwa Stock history

Tong Hwa 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 Tong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tong Hwa Synthetic 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 Tong Hwa stock prices may prove useful in developing a viable investing in Tong Hwa
Tong-Hwa Synthetic Fiber Company Limited manufactures and sells polyacrylonitrile fibers in the Republic of China. The company was founded in 1970 and is headquartered in Taipei, Taiwan. TONG HWA is traded on Taiwan Stock Exchange in Taiwan.

Tong Hwa Stock Technical Analysis

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

Tong Hwa Period Price Range

Low
January 1, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Tong Hwa Synthetic Fiber 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.

Tong Hwa January 1, 2025 Market Strength

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

Tong Hwa Technical and Predictive Indicators

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

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