Chung Hsin (Taiwan) Price on December 13, 2024
| 1513 Stock | TWD 153.00 3.00 1.92% |
If you're considering investing in Chung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chung Hsin stands at 153.00, as last reported on the 14th of December 2024, with the highest price reaching 156.50 and the lowest price hitting 152.50 during the day. Chung Hsin Electric secures Sharpe Ratio (or Efficiency) of -0.0523, which signifies that the company had a -0.0523% return per unit of risk over the last 3 months. Chung Hsin Electric Machinery exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chung Hsin's Mean Deviation of 1.51, standard deviation of 1.88, and Risk Adjusted Performance of 0.0033 to double-check the risk estimate we provide.
Chung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chung |
Sharpe Ratio = -0.0523
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| Negative Returns | 1513 |
Estimated Market Risk
| 1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chung Hsin 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 Chung Hsin by adding Chung Hsin to a well-diversified portfolio.
Chung Hsin Valuation on December 13, 2024
It is possible to determine the worth of Chung Hsin on a given historical date. On December 13, 2024 Chung was worth 156.0 at the beginning of the trading date compared to the closed value of 153.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chung Hsin stock. Still, in general, we apply an absolute valuation method to find Chung Hsin'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 Chung Hsin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chung Hsin's related companies.
| Open | High | Low | Close | Volume | |
| 158.00 | 159.00 | 156.00 | 156.00 | 2,200,200 | |
12/13/2024 | 156.00 | 156.50 | 152.50 | 153.00 | 5,091,713 |
| Backtest Chung Hsin | | | Chung Hsin History | | | Chung Hsin Valuation | Previous |
Chung Hsin Trading Date Momentum on December 13, 2024
| On December 13 2024 Chung Hsin Electric Machinery was traded for 153.00 at the closing time. The highest price during the trading period was 156.50 and the lowest recorded bid was listed for 152.50 . The volume for the day was 5.1 M. This history from December 13, 2024 did not affect price variability. The overall trading delta to the current price is 1.96% . |
Chung Hsin Electric Fundamentals Correlations and Trends
By evaluating Chung Hsin'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 Chung Hsin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chung financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chung Hsin Stock history
Chung Hsin 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 Chung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chung Hsin Electric 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 Chung Hsin stock prices may prove useful in developing a viable investing in Chung Hsin
Corp., together with its subsidiaries, manufactures and sells electric motors and generators in Taiwan and internationally. Corp. was founded in 1956 and is headquartered in New Taipei City, Taiwan. CHUNG HSIN is traded on Taiwan Stock Exchange in Taiwan.
Chung Hsin Stock Technical Analysis
Chung Hsin 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
Chung Hsin Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Chung Hsin Electric Machinery 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.
Chung Hsin December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Chung Hsin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chung Hsin shares will generate the highest return on investment. By undertsting and applying Chung Hsin stock market strength indicators, traders can identify Chung Hsin Electric Machinery entry and exit signals to maximize returns
Chung Hsin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chung Hsin's price direction in advance. Along with the technical and fundamental analysis of Chung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chung 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 | 0.0033 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.03) |
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Additional Tools for Chung Stock Analysis
When running Chung Hsin's price analysis, check to measure Chung Hsin'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 Chung Hsin is operating at the current time. Most of Chung Hsin's value examination focuses on studying past and present price action to predict the probability of Chung Hsin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chung Hsin's price. Additionally, you may evaluate how the addition of Chung Hsin to your portfolios can decrease your overall portfolio volatility.