Taiwan Glass (Taiwan) Price on January 9, 2024
| 1802 Stock | TWD 18.90 0.60 3.08% |
If you're considering investing in Taiwan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taiwan Glass stands at 18.90, as last reported on the 12th of December 2024, with the highest price reaching 19.50 and the lowest price hitting 18.80 during the day. Taiwan Glass appears to be not too volatile, given 3 months investment horizon. Taiwan Glass Ind owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Taiwan Glass Ind, which you can use to evaluate the volatility of the company. Please review Taiwan Glass' Coefficient Of Variation of 811.84, risk adjusted performance of 0.0971, and Semi Deviation of 1.92 to confirm if our risk estimates are consistent with your expectations.
Taiwan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taiwan |
Sharpe Ratio = 0.1148
| Best Portfolio | Best Equity | |||
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| Small Returns | 1802 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Taiwan Glass is performing at about 9% 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 Taiwan Glass by adding it to a well-diversified portfolio.
Taiwan Glass Valuation on January 9, 2024
It is possible to determine the worth of Taiwan Glass on a given historical date. On January 9, 2024 Taiwan was worth 19.15 at the beginning of the trading date compared to the closed value of 18.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiwan Glass stock. Still, in general, we apply an absolute valuation method to find Taiwan Glass' 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 Taiwan Glass where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiwan Glass' related companies.
| Open | High | Low | Close | Volume | |
| 19.00 | 19.25 | 19.00 | 19.00 | 2,437,413 | |
01/09/2024 | 19.15 | 19.15 | 18.75 | 18.75 | 2,687,818 |
| 18.75 | 18.75 | 18.25 | 18.25 | 6,864,388 |
| Backtest Taiwan Glass | | | Taiwan Glass History | | | Taiwan Glass Valuation | Previous | Next |
Taiwan Glass Trading Date Momentum on January 9, 2024
| On January 10 2024 Taiwan Glass Ind was traded for 18.25 at the closing time. The highest price during the trading period was 18.75 and the lowest recorded bid was listed for 18.25 . The volume for the day was 6.9 M. This history from January 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.67% . The trading price change to the current price is 5.33% . |
Taiwan Glass Ind Fundamentals Correlations and Trends
By evaluating Taiwan Glass' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Taiwan Glass' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taiwan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taiwan Glass Stock history
Taiwan Glass 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 Taiwan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taiwan Glass Ind 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 Taiwan Glass stock prices may prove useful in developing a viable investing in Taiwan Glass
The companys products consist of flat glass, including float glass and processed glass auto glass photoelectric glass, such as photovoltaic glass and concentrating solar power mirrors and fiber glass comprising glass fiber and glass fabrics. Corp. was founded in 1964 and is based in Taipei City, Taiwan. TAIWAN GLASS is traded on Taiwan Stock Exchange in Taiwan.
Taiwan Glass Stock Technical Analysis
Taiwan Glass 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
Taiwan Glass Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Taiwan Glass Ind 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.
Taiwan Glass December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Taiwan Glass stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taiwan Glass shares will generate the highest return on investment. By undertsting and applying Taiwan Glass stock market strength indicators, traders can identify Taiwan Glass Ind entry and exit signals to maximize returns
Taiwan Glass Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taiwan Glass' price direction in advance. Along with the technical and fundamental analysis of Taiwan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taiwan 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 | 0.0971 | |||
| Jensen Alpha | 0.3217 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1153 | |||
| Treynor Ratio | 0.9843 |
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| Volume Indicators |
Additional Tools for Taiwan Stock Analysis
When running Taiwan Glass' price analysis, check to measure Taiwan Glass' 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 Taiwan Glass is operating at the current time. Most of Taiwan Glass' value examination focuses on studying past and present price action to predict the probability of Taiwan Glass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Glass' price. Additionally, you may evaluate how the addition of Taiwan Glass to your portfolios can decrease your overall portfolio volatility.