Kung Long (Taiwan) Price on January 31, 2023
| 1537 Stock | TWD 159.00 1.00 0.62% |
If you're considering investing in Kung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kung Long stands at 159.00, as last reported on the 14th of December 2024, with the highest price reaching 160.00 and the lowest price hitting 154.50 during the day. At this stage we consider Kung Stock to be very steady. Kung Long Batteries has Sharpe Ratio of 0.0271, which conveys that the firm had a 0.0271% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Kung Long, which you can use to evaluate the volatility of the firm. Please verify Kung Long's Risk Adjusted Performance of 0.0565, downside deviation of 1.35, and Mean Deviation of 1.04 to check out if the risk estimate we provide is consistent with the expected return of 0.0417%.
Kung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kung |
Sharpe Ratio = 0.0271
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1537 |
Estimated Market Risk
| 1.54 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 Kung Long 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 Kung Long by adding it to a well-diversified portfolio.
Kung Long Valuation on January 31, 2023
It is possible to determine the worth of Kung Long on a given historical date. On January 31, 2023 Kung was worth 138.5 at the beginning of the trading date compared to the closed value of 139.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kung Long stock. Still, in general, we apply an absolute valuation method to find Kung Long'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 Kung Long where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kung Long's related companies.
| Open | High | Low | Close | Volume | |
| 139.00 | 139.00 | 138.00 | 138.50 | 92,616 | |
01/31/2023 | 138.50 | 139.50 | 138.50 | 139.00 | 71,015 |
| 139.50 | 139.50 | 138.50 | 139.00 | 61,002 |
| Backtest Kung Long | | | Kung Long History | | | Kung Long Valuation | Previous | Next |
Kung Long Trading Date Momentum on January 31, 2023
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Kung Long Batteries Fundamentals Correlations and Trends
By evaluating Kung Long'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 Kung Long's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kung financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kung Long Stock history
Kung Long 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 Kung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kung Long Batteries 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 Kung Long stock prices may prove useful in developing a viable investing in Kung Long
Kung Long Batteries Industrial Co., Ltd. manufactures and sells lead-acid batteries in Taiwan. The company was founded in 1990 and is headquartered in Nantou City, Taiwan. KUNG LONG operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 4175 people.
Kung Long Stock Technical Analysis
Kung Long 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
Kung Long Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Kung Long Batteries 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.
Kung Long December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Kung Long stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kung Long shares will generate the highest return on investment. By undertsting and applying Kung Long stock market strength indicators, traders can identify Kung Long Batteries entry and exit signals to maximize returns
Kung Long Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kung Long's price direction in advance. Along with the technical and fundamental analysis of Kung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kung 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 | 0.0565 | |||
| Jensen Alpha | 0.1116 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0076 | |||
| Treynor Ratio | (0.81) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Kung Stock Analysis
When running Kung Long's price analysis, check to measure Kung Long'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 Kung Long is operating at the current time. Most of Kung Long's value examination focuses on studying past and present price action to predict the probability of Kung Long's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kung Long's price. Additionally, you may evaluate how the addition of Kung Long to your portfolios can decrease your overall portfolio volatility.