Sunko Ink (Taiwan) Price on November 29, 2023

1721 Stock  TWD 16.40  0.20  1.20%   
If you're considering investing in Sunko Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sunko Ink stands at 16.40, as last reported on the 26th of December, with the highest price reaching 16.95 and the lowest price hitting 16.25 during the day. Sunko Ink owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the firm had a -0.21% return per unit of risk over the last 3 months. Sunko Ink Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sunko Ink's Coefficient Of Variation of (477.74), risk adjusted performance of (0.16), and Variance of 8.25 to confirm the risk estimate we provide.
  
Sunko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2105

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Estimated Market Risk

 2.85
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.6
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sunko Ink 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 Sunko Ink by adding Sunko Ink to a well-diversified portfolio.

Sunko Ink Valuation on November 29, 2023

It is possible to determine the worth of Sunko Ink on a given historical date. On November 29, 2023 Sunko was worth 16.4 at the beginning of the trading date compared to the closed value of 16.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sunko Ink stock. Still, in general, we apply an absolute valuation method to find Sunko Ink'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 Sunko Ink where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sunko Ink's related companies.
 Open High Low Close Volume
  16.20    16.40    16.15    16.35    1,123,494  
11/29/2023
  16.40    16.50    16.30    16.40    1,425,216  
  16.50    16.70    16.40    16.60    2,111,447  
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Open Value
16.4
16.4
Closing Value
24.95
Upside

Sunko Ink Trading Date Momentum on November 29, 2023

On November 30 2023 Sunko Ink Co was traded for  16.60  at the closing time. The highest price during the trading period was 16.70  and the lowest recorded bid was listed for  16.40 . The volume for the day was 2.1 M. This history from November 30, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 1.22% . The trading price change to the current price is 2.13% .

Sunko Ink Fundamentals Correlations and Trends

By evaluating Sunko Ink'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 Sunko Ink's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sunko financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sunko Ink Stock history

Sunko Ink 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 Sunko is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sunko Ink 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 Sunko Ink stock prices may prove useful in developing a viable investing in Sunko Ink
Sunko Ink Co., Ltd. processes, manufactures, and trades in resins and special chemicals in Taiwan, the United States, and Mainland China. Sunko Ink Co., Ltd. was founded in 1974 and is headquartered in Taichung, Taiwan. SUNKO INK operates under Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 613 people.

Sunko Ink Stock Technical Analysis

Sunko Ink 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.
A focus of Sunko Ink technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sunko Ink trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sunko Ink Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

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Sunko Ink Co 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.

Sunko Ink December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Sunko Ink stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sunko Ink shares will generate the highest return on investment. By undertsting and applying Sunko Ink stock market strength indicators, traders can identify Sunko Ink Co entry and exit signals to maximize returns

Sunko Ink Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sunko Ink's price direction in advance. Along with the technical and fundamental analysis of Sunko Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sunko 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.

Additional Tools for Sunko Stock Analysis

When running Sunko Ink's price analysis, check to measure Sunko Ink'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 Sunko Ink is operating at the current time. Most of Sunko Ink's value examination focuses on studying past and present price action to predict the probability of Sunko Ink's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunko Ink's price. Additionally, you may evaluate how the addition of Sunko Ink to your portfolios can decrease your overall portfolio volatility.