Hong Tai (Taiwan) Price on December 13, 2024
| 1612 Stock | TWD 34.45 0.75 2.13% |
If you're considering investing in Hong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hong Tai stands at 34.45, as last reported on the 16th of December 2024, with the highest price reaching 35.10 and the lowest price hitting 34.45 during the day. At this stage we consider Hong Stock to be very steady. Hong Tai Electric holds Efficiency (Sharpe) Ratio of 0.0366, which attests that the entity had a 0.0366% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hong Tai Electric, which you can use to evaluate the volatility of the firm. Please check out Hong Tai's Risk Adjusted Performance of 0.0444, market risk adjusted performance of (0.53), and Downside Deviation of 1.48 to validate if the risk estimate we provide is consistent with the expected return of 0.0557%.
Hong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hong |
Sharpe Ratio = 0.0366
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| Cash | Small Risk | 1612 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Hong Tai 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 Hong Tai by adding it to a well-diversified portfolio.
Hong Tai Valuation on December 13, 2024
It is possible to determine the worth of Hong Tai on a given historical date. On December 13, 2024 Hong was worth 35.1 at the beginning of the trading date compared to the closed value of 34.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hong Tai stock. Still, in general, we apply an absolute valuation method to find Hong Tai'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 Hong Tai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hong Tai's related companies.
| Open | High | Low | Close | Volume | |
| 35.20 | 35.55 | 35.15 | 35.20 | 563,488 | |
12/13/2024 | 35.10 | 35.10 | 34.45 | 34.45 | 816,011 |
| 35.10 | 35.10 | 34.45 | 34.45 | 0.00 |
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Hong Tai Trading Date Momentum on December 13, 2024
| On December 16 2024 Hong Tai Electric was traded for 34.45 at the closing time. The highest price during the trading period was 35.10 and the lowest recorded bid was listed for 34.45 . There was no trading activity during the period 0.0. Lack of trading volume on December 16, 2024 did not cause price change. The trading delta at closing time to the current price is 1.89% . |
Hong Tai Electric Fundamentals Correlations and Trends
By evaluating Hong Tai'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 Hong Tai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hong Tai Stock history
Hong Tai 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 Hong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hong Tai 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 Hong Tai stock prices may prove useful in developing a viable investing in Hong Tai
Hong Tai Electric Industrial Co., Ltd. primarily manufactures and sells electrical wires and cables. Hong Tai Electric Industrial Co., Ltd. was founded in 1968 and is headquartered in Taipei City, Taiwan. HONG TAI operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Hong Tai Stock Technical Analysis
Hong Tai 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
Hong Tai Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Hong Tai Electric 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.
Hong Tai December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Hong Tai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hong Tai shares will generate the highest return on investment. By undertsting and applying Hong Tai stock market strength indicators, traders can identify Hong Tai Electric entry and exit signals to maximize returns
Hong Tai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hong Tai's price direction in advance. Along with the technical and fundamental analysis of Hong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hong 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 | 0.0444 | |||
| Jensen Alpha | 0.0824 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.54) |
| Cycle Indicators | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Hong Stock Analysis
When running Hong Tai's price analysis, check to measure Hong Tai'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 Hong Tai is operating at the current time. Most of Hong Tai's value examination focuses on studying past and present price action to predict the probability of Hong Tai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Tai's price. Additionally, you may evaluate how the addition of Hong Tai to your portfolios can decrease your overall portfolio volatility.