Zig Sheng (Taiwan) Price on October 2, 2024

1455 Stock  TWD 9.55  0.18  1.85%   
If you're considering investing in Zig Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zig Sheng stands at 9.55, as last reported on the 16th of December 2024, with the highest price reaching 9.73 and the lowest price hitting 9.52 during the day. Zig Sheng Industrial shows Sharpe Ratio of -0.25, which attests that the company had a -0.25% return per unit of risk over the last 3 months. Zig Sheng Industrial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zig Sheng's Market Risk Adjusted Performance of (3.14), mean deviation of 0.8454, and Standard Deviation of 1.18 to validate the risk estimate we provide.
  
Zig Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2491

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Estimated Market Risk

 1.1
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.25
  actual daily
0
Most of other assets perform better
Based on monthly moving average Zig Sheng 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 Zig Sheng by adding Zig Sheng to a well-diversified portfolio.

Zig Sheng Valuation on October 2, 2024

It is possible to determine the worth of Zig Sheng on a given historical date. On October 2, 2024 Zig was worth 11.2 at the beginning of the trading date compared to the closed value of 11.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zig Sheng stock. Still, in general, we apply an absolute valuation method to find Zig Sheng'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 Zig Sheng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zig Sheng's related companies.
 Open High Low Close Volume
  11.25    11.25    11.10    11.20    321,561  
10/02/2024
  11.20    11.20    11.20    11.20    1.00  
  11.20    11.20    11.20    11.20    1.00  
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Open Value
11.2
11.2
Closing Value
14.51
Upside

Zig Sheng Trading Date Momentum on October 2, 2024

On October 03 2024 Zig Sheng Industrial was traded for  11.20  at the closing time. The highest price during the trading period was 11.20  and the lowest recorded bid was listed for  11.20 . There was no trading activity during the period 1.0. Lack of trading volume on October 3, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 5.80% .

Zig Sheng Industrial Fundamentals Correlations and Trends

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

About Zig Sheng Stock history

Zig Sheng 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 Zig is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zig Sheng Industrial 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 Zig Sheng stock prices may prove useful in developing a viable investing in Zig Sheng
Zig Sheng Industrial Co., Ltd. engages in chemical material and fiber businesses in Taiwan. Zig Sheng Industrial Co., Ltd. was founded in 1969 and is headquartered in Taipei City, Taiwan. ZIG SHENG operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.

Zig Sheng Stock Technical Analysis

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

Zig Sheng Period Price Range

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Zig Sheng Industrial 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.

Zig Sheng December 16, 2024 Market Strength

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

Zig Sheng Technical and Predictive Indicators

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

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