Hsin Yung (Taiwan) Price on October 14, 2024
| 2114 Stock | TWD 90.30 2.70 2.90% |
If you're considering investing in Hsin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hsin Yung stands at 90.30, as last reported on the 6th of January, with the highest price reaching 93.00 and the lowest price hitting 89.00 during the day. Hsin Yung Chien holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. Hsin Yung Chien exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hsin Yung's Risk Adjusted Performance of (0.11), market risk adjusted performance of 3.36, and Standard Deviation of 0.6723 to validate the risk estimate we provide.
Hsin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hsin |
Sharpe Ratio = -0.1552
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| Negative Returns | 2114 |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hsin Yung 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 Hsin Yung by adding Hsin Yung to a well-diversified portfolio.
Hsin Yung Valuation on October 14, 2024
It is possible to determine the worth of Hsin Yung on a given historical date. On October 14, 2024 Hsin was worth 95.0 at the beginning of the trading date compared to the closed value of 95.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hsin Yung stock. Still, in general, we apply an absolute valuation method to find Hsin Yung'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 Hsin Yung where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hsin Yung's related companies.
| Open | High | Low | Close | Volume | |
| 95.30 | 95.30 | 95.00 | 95.00 | 7,659 | |
10/14/2024 | 95.00 | 95.00 | 95.00 | 95.00 | 14,754 |
| 95.00 | 95.70 | 95.00 | 95.20 | 41,400 |
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Hsin Yung Trading Date Momentum on October 14, 2024
| On October 15 2024 Hsin Yung Chien was traded for 95.20 at the closing time. The highest price during the trading period was 95.70 and the lowest recorded bid was listed for 95.00 . The volume for the day was 41.4 K. This history from October 15, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.21% . The trading delta at closing time to the current price is 0.32% . |
Hsin Yung Chien Fundamentals Correlations and Trends
By evaluating Hsin Yung'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 Hsin Yung's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hsin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hsin Yung Stock history
Hsin Yung 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 Hsin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hsin Yung Chien 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 Hsin Yung stock prices may prove useful in developing a viable investing in Hsin Yung
Hsin Yung Chien Co., Ltd. manufactures and sells rubber conveyor belts, rubber sheets, and industrial fabrics in Taiwan. Hsin Yung Chien Co., Ltd. was founded in 1964 and is based in Nantou City, Taiwan. HSIN YUNG is traded on Taiwan Stock Exchange in Taiwan.
Hsin Yung Stock Technical Analysis
Hsin Yung 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
Hsin Yung Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Hsin Yung Chien 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.
Hsin Yung January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Hsin Yung stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hsin Yung shares will generate the highest return on investment. By undertsting and applying Hsin Yung stock market strength indicators, traders can identify Hsin Yung Chien entry and exit signals to maximize returns
Hsin Yung Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hsin Yung's price direction in advance. Along with the technical and fundamental analysis of Hsin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hsin 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 | (0.11) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 3.35 |
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Additional Tools for Hsin Stock Analysis
When running Hsin Yung's price analysis, check to measure Hsin Yung'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 Hsin Yung is operating at the current time. Most of Hsin Yung's value examination focuses on studying past and present price action to predict the probability of Hsin Yung's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hsin Yung's price. Additionally, you may evaluate how the addition of Hsin Yung to your portfolios can decrease your overall portfolio volatility.