Feng Hsin (Taiwan) Price on December 12, 2024
2015 Stock | TWD 73.40 1.30 1.74% |
If you're considering investing in Feng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Feng Hsin stands at 73.40, as last reported on the 15th of December 2024, with the highest price reaching 74.20 and the lowest price hitting 73.40 during the day. Feng Hsin Steel secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of risk over the last 3 months. Feng Hsin Steel exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Feng Hsin's Mean Deviation of 1.03, variance of 1.97, and Standard Deviation of 1.4 to check the risk estimate we provide.
Feng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Feng |
Sharpe Ratio = -0.1287
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Negative Returns | 2015 |
Estimated Market Risk
1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Feng Hsin 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 Feng Hsin by adding Feng Hsin to a well-diversified portfolio.
Feng Hsin Valuation on December 12, 2024
It is possible to determine the worth of Feng Hsin on a given historical date. On December 12, 2024 Feng was worth 73.4 at the beginning of the trading date compared to the closed value of 74.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Feng Hsin stock. Still, in general, we apply an absolute valuation method to find Feng Hsin'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 Feng Hsin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Feng Hsin's related companies.
Open | High | Low | Close | Volume | |
73.80 | 74.30 | 73.30 | 73.80 | 126,862 | |
12/12/2024 | 73.40 | 74.90 | 73.40 | 74.70 | 193,923 |
73.80 | 74.20 | 73.40 | 73.40 | 107,202 |
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Feng Hsin Trading Date Momentum on December 12, 2024
On December 13 2024 Feng Hsin Steel was traded for 73.40 at the closing time. The highest price during the trading period was 74.20 and the lowest recorded bid was listed for 73.40 . The volume for the day was 107.2 K. This history from December 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.74% . The overall trading delta to the current price is 1.20% . |
Feng Hsin Steel Fundamentals Correlations and Trends
By evaluating Feng Hsin'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 Feng Hsin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Feng financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Feng Hsin Stock history
Feng Hsin 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 Feng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Feng Hsin Steel 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 Feng Hsin stock prices may prove useful in developing a viable investing in Feng Hsin
FENG HSIN STEEL Co., Ltd. operates in the blast furnaces and steel mills sector in Taiwan. The company was founded in 1969 and is headquartered in Taichung, Taiwan. FENG HSIN operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 869 people.
Feng Hsin Stock Technical Analysis
Feng Hsin 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
Feng Hsin Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Feng Hsin Steel 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.
Feng Hsin December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Feng Hsin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Feng Hsin shares will generate the highest return on investment. By undertsting and applying Feng Hsin stock market strength indicators, traders can identify Feng Hsin Steel entry and exit signals to maximize returns
Feng Hsin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Feng Hsin's price direction in advance. Along with the technical and fundamental analysis of Feng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Feng 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 | (0.07) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | 1.53 |
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Volume Indicators |
Additional Tools for Feng Stock Analysis
When running Feng Hsin's price analysis, check to measure Feng Hsin'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 Feng Hsin is operating at the current time. Most of Feng Hsin's value examination focuses on studying past and present price action to predict the probability of Feng Hsin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Feng Hsin's price. Additionally, you may evaluate how the addition of Feng Hsin to your portfolios can decrease your overall portfolio volatility.