Tang Eng (Taiwan) Price on September 13, 2024
2035 Stock | TWD 31.40 0.05 0.16% |
If you're considering investing in Tang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tang Eng stands at 31.40, as last reported on the 29th of December, with the highest price reaching 31.75 and the lowest price hitting 30.95 during the day. Tang Eng Iron owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0402, which indicates the firm had a -0.0402% return per unit of risk over the last 3 months. Tang Eng Iron exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tang Eng's Coefficient Of Variation of (2,510), risk adjusted performance of (0.03), and Variance of 0.832 to confirm the risk estimate we provide.
Tang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tang |
Sharpe Ratio = -0.0402
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 2035 |
Estimated Market Risk
0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.04 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 Tang Eng 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 Tang Eng by adding Tang Eng to a well-diversified portfolio.
Tang Eng Valuation on September 13, 2024
It is possible to determine the worth of Tang Eng on a given historical date. On September 13, 2024 Tang was worth 31.75 at the beginning of the trading date compared to the closed value of 31.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tang Eng stock. Still, in general, we apply an absolute valuation method to find Tang Eng'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 Tang Eng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tang Eng's related companies.
Open | High | Low | Close | Volume | |
31.50 | 31.75 | 31.30 | 31.75 | 18,026 | |
09/13/2024 | 31.75 | 31.90 | 31.75 | 31.75 | 36,053 |
31.75 | 31.85 | 31.75 | 31.75 | 30,000 |
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Tang Eng Trading Date Momentum on September 13, 2024
On September 16 2024 Tang Eng Iron was traded for 31.75 at the closing time. The highest price during the trading period was 31.85 and the lowest recorded bid was listed for 31.75 . The volume for the day was 30 K. This history from September 16, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.47% . |
Tang Eng Iron Fundamentals Correlations and Trends
By evaluating Tang Eng'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 Tang Eng's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tang Eng Stock history
Tang Eng 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 Tang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tang Eng Iron 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 Tang Eng stock prices may prove useful in developing a viable investing in Tang Eng
Tang Eng Stock Technical Analysis
Tang Eng 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
Tang Eng Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
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Tang Eng December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Tang Eng stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tang Eng shares will generate the highest return on investment. By undertsting and applying Tang Eng stock market strength indicators, traders can identify Tang Eng Iron entry and exit signals to maximize returns
Tang Eng Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tang Eng's price direction in advance. Along with the technical and fundamental analysis of Tang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tang 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 | (0.05) | |||
Total Risk Alpha | (0.07) | |||
Treynor Ratio | (1.67) |
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Additional Tools for Tang Stock Analysis
When running Tang Eng's price analysis, check to measure Tang Eng'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 Tang Eng is operating at the current time. Most of Tang Eng's value examination focuses on studying past and present price action to predict the probability of Tang Eng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tang Eng's price. Additionally, you may evaluate how the addition of Tang Eng to your portfolios can decrease your overall portfolio volatility.