Yi Jinn (Taiwan) Price on September 25, 2024
1457 Stock | TWD 19.85 0.15 0.75% |
If you're considering investing in 1457 Stock, it is important to understand the factors that can impact its price. As of today, the current price of Yi Jinn stands at 19.85, as last reported on the 15th of December 2024, with the highest price reaching 20.10 and the lowest price hitting 19.85 during the day. Yi Jinn Industrial retains Efficiency (Sharpe Ratio) of -0.0666, which attests that the company had a -0.0666% return per unit of price deviation over the last 3 months. Yi Jinn exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yi Jinn's market risk adjusted performance of 0.2857, and Information Ratio of (0.19) to validate the risk estimate we provide.
1457 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
1457 |
Sharpe Ratio = -0.0666
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Estimated Market Risk
0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yi Jinn 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 Yi Jinn by adding Yi Jinn to a well-diversified portfolio.
Yi Jinn Valuation on September 25, 2024
It is possible to determine the worth of Yi Jinn on a given historical date. On September 25, 2024 1457 was worth 20.3 at the beginning of the trading date compared to the closed value of 20.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yi Jinn stock. Still, in general, we apply an absolute valuation method to find Yi Jinn'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 Yi Jinn where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yi Jinn's related companies.
Open | High | Low | Close | Volume | |
20.50 | 20.50 | 20.10 | 20.20 | 132,498 | |
09/25/2024 | 20.30 | 20.35 | 20.10 | 20.20 | 87,398 |
20.20 | 20.30 | 20.10 | 20.25 | 169,862 |
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Yi Jinn Trading Date Momentum on September 25, 2024
On September 26 2024 Yi Jinn Industrial was traded for 20.25 at the closing time. The highest price during the trading period was 20.30 and the lowest recorded bid was listed for 20.10 . The volume for the day was 169.9 K. This history from September 26, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.25% . The trading price change to the current price is 1.73% . |
Yi Jinn Industrial Fundamentals Correlations and Trends
By evaluating Yi Jinn'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 Yi Jinn's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 1457 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yi Jinn Stock history
Yi Jinn 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 1457 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yi Jinn 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 Yi Jinn stock prices may prove useful in developing a viable investing in Yi Jinn
Yi Jinn Industrial Co., Ltd. engages in the research, development, production, and sale of polyester textured yarns worldwide. The company was founded in 1981 and is headquartered in Taipei City, Taiwan. YI JINN operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.
Yi Jinn Stock Technical Analysis
Yi Jinn 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
Yi Jinn Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Yi Jinn 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.
Yi Jinn December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Yi Jinn stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yi Jinn shares will generate the highest return on investment. By undertsting and applying Yi Jinn stock market strength indicators, traders can identify Yi Jinn Industrial entry and exit signals to maximize returns
Yi Jinn Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yi Jinn's price direction in advance. Along with the technical and fundamental analysis of 1457 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 1457 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 | (0.02) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.10) | |||
Treynor Ratio | 0.2757 |
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Additional Tools for 1457 Stock Analysis
When running Yi Jinn's price analysis, check to measure Yi Jinn'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 Yi Jinn is operating at the current time. Most of Yi Jinn's value examination focuses on studying past and present price action to predict the probability of Yi Jinn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yi Jinn's price. Additionally, you may evaluate how the addition of Yi Jinn to your portfolios can decrease your overall portfolio volatility.