Baolong International (Taiwan) Price on September 1, 2023
If you're considering investing in Baolong Stock, it is important to understand the factors that can impact its price. Baolong International secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of risk over the last 3 months. Baolong International Co exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Baolong International's Mean Deviation of 0.7544, standard deviation of 1.04, and Risk Adjusted Performance of (0.14) to double-check the risk estimate we provide.
Baolong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Baolong |
Sharpe Ratio = -0.1804
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Negative Returns | 1906 |
Estimated Market Risk
1.04 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 Baolong International 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 Baolong International by adding Baolong International to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Baolong International Stock history
Baolong International 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 Baolong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Baolong International 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 Baolong International stock prices may prove useful in developing a viable investing in Baolong International
,Ltd. engages in the distribution of industrial paper products, including cardboard papers and corrugated papers. The company was founded in 1965 and is based in Douliu City, Taiwan. BAOLONG INTERNATIONAL operates under Paper Paper Products classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 23 people.
Baolong International Stock Technical Analysis
Baolong International 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
Baolong International Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Baolong International 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.
Baolong International December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Baolong International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Baolong International shares will generate the highest return on investment. By undertsting and applying Baolong International stock market strength indicators, traders can identify Baolong International Co entry and exit signals to maximize returns
Baolong International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Baolong International's price direction in advance. Along with the technical and fundamental analysis of Baolong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Baolong 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 | (0.14) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.23) | |||
Treynor Ratio | (2.17) |
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Additional Tools for Baolong Stock Analysis
When running Baolong International's price analysis, check to measure Baolong International'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 Baolong International is operating at the current time. Most of Baolong International's value examination focuses on studying past and present price action to predict the probability of Baolong International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baolong International's price. Additionally, you may evaluate how the addition of Baolong International to your portfolios can decrease your overall portfolio volatility.