China Steel (Taiwan) Price on November 1, 2024
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Steel Structure secures Sharpe Ratio (or Efficiency) of -0.0415, which signifies that the company had a -0.0415% return per unit of risk over the last 3 months. China Steel Structure exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Steel's Mean Deviation of 0.6072, risk adjusted performance of (0.03), and Standard Deviation of 0.7957 to double-check the risk estimate we provide.
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = -0.0415
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2013 |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.03 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 China Steel 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 China Steel by adding China Steel 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.
Price Boundaries
China Steel Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
China Steel Structure 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.
China Steel December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how China Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Steel shares will generate the highest return on investment. By undertsting and applying China Steel stock market strength indicators, traders can identify China Steel Structure entry and exit signals to maximize returns
China Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Steel's price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China 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 | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.21) |
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for China Stock Analysis
When running China Steel's price analysis, check to measure China Steel'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 China Steel is operating at the current time. Most of China Steel's value examination focuses on studying past and present price action to predict the probability of China Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Steel's price. Additionally, you may evaluate how the addition of China Steel to your portfolios can decrease your overall portfolio volatility.