First Copper (Taiwan) Price on June 12, 2023
2009 Stock | TWD 38.30 0.90 2.30% |
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. As of today, the current price of First Copper stands at 38.30, as last reported on the 14th of December 2024, with the highest price reaching 39.05 and the lowest price hitting 38.10 during the day. First Copper Technology secures Sharpe Ratio (or Efficiency) of -0.0387, which denotes the company had a -0.0387% return per unit of risk over the last 3 months. First Copper Technology exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Copper's Coefficient Of Variation of 63264.03, downside deviation of 1.9, and Mean Deviation of 1.57 to check the risk estimate we provide.
First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = -0.0387
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Negative Returns | 2009 |
Estimated Market Risk
2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average First Copper 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 First Copper by adding First Copper to a well-diversified portfolio.
First Copper Valuation on June 12, 2023
It is possible to determine the worth of First Copper on a given historical date. On June 12, 2023 First was worth 33.3 at the beginning of the trading date compared to the closed value of 32.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Copper stock. Still, in general, we apply an absolute valuation method to find First Copper'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 First Copper where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Copper's related companies.
Open | High | Low | Close | Volume | |
33.55 | 33.65 | 33.00 | 33.25 | 1,264,777 | |
06/12/2023 | 33.30 | 33.35 | 32.35 | 32.60 | 982,658 |
32.70 | 32.75 | 32.20 | 32.20 | 804,223 |
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First Copper Trading Date Momentum on June 12, 2023
On June 13 2023 First Copper Technology was traded for 32.20 at the closing time. The highest price during the trading period was 32.75 and the lowest recorded bid was listed for 32.20 . The volume for the day was 804.2 K. This history from June 13, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.23% . The overall trading delta to the current price is 0.92% . |
First Copper Technology Fundamentals Correlations and Trends
By evaluating First Copper'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 First Copper's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.About First Copper Stock history
First Copper 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 First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Copper Technology 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 First Copper stock prices may prove useful in developing a viable investing in First Copper
First Copper Technology Co., Ltd. produces and sells copper and copper alloy strips worldwide. First Copper Technology Co., Ltd. was founded in 1969 and is headquartered in Kaohsiung City, Taiwan. FIRST COPPER operates under Copper classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 274 people.
First Copper Stock Technical Analysis
First Copper 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
First Copper Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
First Copper Technology 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.
First Copper December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how First Copper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Copper shares will generate the highest return on investment. By undertsting and applying First Copper stock market strength indicators, traders can identify First Copper Technology entry and exit signals to maximize returns
First Copper Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Copper's price direction in advance. Along with the technical and fundamental analysis of First Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of First 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 | 0.0078 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.28) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | (0.03) |
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Additional Tools for First Stock Analysis
When running First Copper's price analysis, check to measure First Copper'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 First Copper is operating at the current time. Most of First Copper's value examination focuses on studying past and present price action to predict the probability of First Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Copper's price. Additionally, you may evaluate how the addition of First Copper to your portfolios can decrease your overall portfolio volatility.