Chyang Sheng (Taiwan) Price on May 10, 2024
| 1463 Stock | 24.95 0.25 1.01% |
If you're considering investing in Chyang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chyang Sheng stands at 24.95, as last reported on the 15th of December 2024, with the highest price reaching 24.95 and the lowest price hitting 24.60 during the day. At this stage we consider Chyang Stock to be very steady. Chyang Sheng Dyeing secures Sharpe Ratio (or Efficiency) of 0.0264, which signifies that the company had a 0.0264% return per unit of risk over the last 3 months. We have found thirty technical indicators for Chyang Sheng Dyeing, which you can use to evaluate the volatility of the firm. Please confirm Chyang Sheng's Risk Adjusted Performance of 0.0419, mean deviation of 0.9481, and Downside Deviation of 1.76 to double-check if the risk estimate we provide is consistent with the expected return of 0.0399%.
Chyang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chyang |
Sharpe Ratio = 0.0264
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1463 |
Estimated Market Risk
| 1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Chyang Sheng is performing at about 2% 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 Chyang Sheng by adding it to a well-diversified portfolio.
Chyang Sheng Valuation on May 10, 2024
It is possible to determine the worth of Chyang Sheng on a given historical date. On May 10, 2024 Chyang was worth 18.8 at the beginning of the trading date compared to the closed value of 20.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chyang Sheng stock. Still, in general, we apply an absolute valuation method to find Chyang 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 Chyang Sheng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chyang Sheng's related companies.
| Open | High | Low | Close | Volume | |
| 18.50 | 18.65 | 18.35 | 18.55 | 98,030 | |
05/10/2024 | 18.80 | 20.40 | 18.75 | 20.40 | 1,463,297 |
| 21.75 | 21.80 | 19.85 | 19.85 | 1,532,002 |
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Chyang Sheng Trading Date Momentum on May 10, 2024
| On May 13 2024 Chyang Sheng Dyeing was traded for 19.85 at the closing time. The highest price during the trading period was 21.80 and the lowest recorded bid was listed for 19.85 . The volume for the day was 1.5 M. This history from May 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.70% . The overall trading delta to the current price is 1.47% . |
Chyang Sheng Dyeing Fundamentals Correlations and Trends
By evaluating Chyang 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 Chyang Sheng's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chyang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chyang Sheng Stock history
Chyang 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 Chyang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chyang Sheng Dyeing 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 Chyang Sheng stock prices may prove useful in developing a viable investing in Chyang Sheng
Chyang Sheng Stock Technical Analysis
Chyang 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.
Price Boundaries
Chyang Sheng Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Chyang Sheng Dyeing 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.
Chyang Sheng December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Chyang 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 Chyang Sheng shares will generate the highest return on investment. By undertsting and applying Chyang Sheng stock market strength indicators, traders can identify Chyang Sheng Dyeing entry and exit signals to maximize returns
Chyang Sheng Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chyang Sheng's price direction in advance. Along with the technical and fundamental analysis of Chyang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chyang 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 | 0.0419 | |||
| Jensen Alpha | 0.1036 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.16) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Chyang Stock Analysis
When running Chyang Sheng's price analysis, check to measure Chyang 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 Chyang Sheng is operating at the current time. Most of Chyang Sheng's value examination focuses on studying past and present price action to predict the probability of Chyang 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 Chyang Sheng's price. Additionally, you may evaluate how the addition of Chyang Sheng to your portfolios can decrease your overall portfolio volatility.