Everest Textile (Taiwan) Price on December 13, 2024

1460 Stock  TWD 6.94  0.09  1.28%   
If you're considering investing in Everest Stock, it is important to understand the factors that can impact its price. As of today, the current price of Everest Textile stands at 6.94, as last reported on the 16th of December 2024, with the highest price reaching 7.04 and the lowest price hitting 6.94 during the day. Everest Textile secures Sharpe Ratio (or Efficiency) of -0.0357, which denotes the company had a -0.0357% return per unit of risk over the last 3 months. Everest Textile Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Everest Textile's Standard Deviation of 0.742, mean deviation of 0.4934, and Variance of 0.5506 to check the risk estimate we provide.
  
Everest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0357

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Estimated Market Risk

 0.74
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Everest Textile 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 Everest Textile by adding Everest Textile to a well-diversified portfolio.

Everest Textile Valuation on December 13, 2024

It is possible to determine the worth of Everest Textile on a given historical date. On December 13, 2024 Everest was worth 7.05 at the beginning of the trading date compared to the closed value of 7.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Everest Textile stock. Still, in general, we apply an absolute valuation method to find Everest Textile'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 Everest Textile where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Everest Textile's related companies.
 Open High Low Close Volume
  7.04    7.07    7.04    7.05    307,299  
12/13/2024
  7.05    7.06    7.01    7.03    351,607  
  7.03    7.04    6.94    6.94    989,573  
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Open Value
7.05
7.03
Closing Value
9.27
Upside

Everest Textile Trading Date Momentum on December 13, 2024

On December 16 2024 Everest Textile Co was traded for  6.94  at the closing time. The highest price during the trading period was 7.04  and the lowest recorded bid was listed for  6.94 . The volume for the day was 989.6 K. This history from December 16, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.28% . The overall trading delta to the current price is 0.00% .

Everest Textile Fundamentals Correlations and Trends

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

About Everest Textile Stock history

Everest Textile 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 Everest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Everest Textile 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 Everest Textile stock prices may prove useful in developing a viable investing in Everest Textile
Everest Textile Co., Ltd. manufactures and sells textile products and garments under the EVERTEK brand in Taiwan, the United States, and Europe. Everest Textile Co., Ltd. was founded in 1988 and is headquartered in Tainan, Taiwan. EVEREST TEXTILE operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.

Everest Textile Stock Technical Analysis

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

Everest Textile Period Price Range

Low
December 16, 2024
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High

 0.00 

     

 0.00 

Everest Textile Co 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.

Everest Textile December 16, 2024 Market Strength

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

Everest Textile Technical and Predictive Indicators

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

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