Zeng Hsing (Taiwan) Price on September 13, 2024
1558 Stock | TWD 103.50 1.00 0.96% |
If you're considering investing in Zeng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zeng Hsing stands at 103.50, as last reported on the 15th of December 2024, with the highest price reaching 103.50 and the lowest price hitting 102.50 during the day. Zeng Hsing Industrial shows Sharpe Ratio of -0.18, which attests that the company had a -0.18% return per unit of risk over the last 3 months. Zeng Hsing Industrial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zeng Hsing's Standard Deviation of 1.1, market risk adjusted performance of (2.40), and Mean Deviation of 0.8666 to validate the risk estimate we provide.
Zeng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zeng |
Sharpe Ratio = -0.1756
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Negative Returns | 1558 |
Estimated Market Risk
1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zeng Hsing 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 Zeng Hsing by adding Zeng Hsing to a well-diversified portfolio.
Zeng Hsing Valuation on September 13, 2024
It is possible to determine the worth of Zeng Hsing on a given historical date. On September 13, 2024 Zeng was worth 115.5 at the beginning of the trading date compared to the closed value of 117.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zeng Hsing stock. Still, in general, we apply an absolute valuation method to find Zeng Hsing'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 Zeng Hsing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zeng Hsing's related companies.
Open | High | Low | Close | Volume | |
117.00 | 117.50 | 114.00 | 115.50 | 240,079 | |
09/13/2024 | 115.50 | 119.00 | 114.50 | 117.00 | 333,197 |
118.00 | 119.00 | 117.00 | 117.50 | 199,229 |
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Zeng Hsing Trading Date Momentum on September 13, 2024
On September 16 2024 Zeng Hsing Industrial was traded for 117.50 at the closing time. The highest price during the trading period was 119.00 and the lowest recorded bid was listed for 117.00 . The volume for the day was 199.2 K. This history from September 16, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.43% . The trading date delta to the current price is 0.85% . |
Zeng Hsing Industrial Fundamentals Correlations and Trends
By evaluating Zeng Hsing'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 Zeng Hsing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zeng financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zeng Hsing Stock history
Zeng Hsing 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 Zeng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zeng Hsing 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 Zeng Hsing stock prices may prove useful in developing a viable investing in Zeng Hsing
Zeng Hsing Industrial Co., Ltd., together with its subsidiaries, manufactures and sells household sewing machines, vacuum cleaners, aluminum alloy die-castings, and vacuum cleaner related parts in Taiwan. Zeng Hsing Industrial Co., Ltd. was founded in 1968 and is headquartered in Taichung, Taiwan. ZENG HSING operates under Consumer Electronics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 4070 people.
Zeng Hsing Stock Technical Analysis
Zeng Hsing 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
Zeng Hsing Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Zeng Hsing 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.
Zeng Hsing December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Zeng Hsing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zeng Hsing shares will generate the highest return on investment. By undertsting and applying Zeng Hsing stock market strength indicators, traders can identify Zeng Hsing Industrial entry and exit signals to maximize returns
Zeng Hsing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zeng Hsing's price direction in advance. Along with the technical and fundamental analysis of Zeng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zeng 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 | (0.10) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (2.41) |
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Additional Tools for Zeng Stock Analysis
When running Zeng Hsing's price analysis, check to measure Zeng Hsing'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 Zeng Hsing is operating at the current time. Most of Zeng Hsing's value examination focuses on studying past and present price action to predict the probability of Zeng Hsing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zeng Hsing's price. Additionally, you may evaluate how the addition of Zeng Hsing to your portfolios can decrease your overall portfolio volatility.